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Statements of Cash Flows (USD $)
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3 Months Ended | |
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Mar. 31, 2015
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Mar. 31, 2014
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| Cash flows from operating activities: | ||
| Net loss | $ (2,192,998)us-gaap_NetIncomeLoss | $ (1,420,742)us-gaap_NetIncomeLoss |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 32,803us-gaap_DepreciationDepletionAndAmortization | 9,084us-gaap_DepreciationDepletionAndAmortization |
| Write-down of inventory | (16,454)us-gaap_InventoryWriteDown | 0us-gaap_InventoryWriteDown |
| Write-off of capitalized patents | 69,482us-gaap_NoncashProjectAbandonmentCosts | 0us-gaap_NoncashProjectAbandonmentCosts |
| Stock-based compensation | 353,159us-gaap_ShareBasedCompensation | 188,574us-gaap_ShareBasedCompensation |
| Fair value of warrants issued for services | 25,470us-gaap_AdjustmentOfWarrantsGrantedForServices | 33,960us-gaap_AdjustmentOfWarrantsGrantedForServices |
| Decrease (increase) in operating assets: | ||
| Accounts receivable | (386,949)us-gaap_IncreaseDecreaseInAccountsReceivable | (87,973)us-gaap_IncreaseDecreaseInAccountsReceivable |
| Inventories | 33,831us-gaap_IncreaseDecreaseInInventories | 12,058us-gaap_IncreaseDecreaseInInventories |
| Prepaid expenses | (485)us-gaap_IncreaseDecreaseInPrepaidExpense | (34,498)us-gaap_IncreaseDecreaseInPrepaidExpense |
| Increase (decrease) in operating liabilities: | ||
| Accounts payable | 245,768us-gaap_IncreaseDecreaseInAccountsPayable | (216,955)us-gaap_IncreaseDecreaseInAccountsPayable |
| Accrued expenses | 244,110us-gaap_IncreaseDecreaseInAccruedLiabilities | (985)us-gaap_IncreaseDecreaseInAccruedLiabilities |
| Net cash used in operating activities | (1,592,263)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | (1,517,477)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations |
| Cash flows from investing activities: | ||
| Purchase of property and equipment | (150,343)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (37,259)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Acquisition of patents | (84,843)us-gaap_PaymentsToAcquireIntangibleAssets | (137,809)us-gaap_PaymentsToAcquireIntangibleAssets |
| Net cash used in investing activities | (235,186)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | (175,068)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations |
| Cash flows from financing activities: | ||
| Exercise of options and warrants | 84,813ipwr_ProceedsFromPaymentsForExerciseOfOptionsAndWarrants | (9)ipwr_ProceedsFromPaymentsForExerciseOfOptionsAndWarrants |
| Net cash provided by (used in) financing activities | 84,813us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | (9)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations |
| Net decrease in cash and cash equivalents | (1,742,636)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | (1,692,554)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash and cash equivalents at beginning of period | 7,912,011us-gaap_CashAndCashEquivalentsAtCarryingValue | 14,137,097us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash and cash equivalents at end of period | $ 6,169,375us-gaap_CashAndCashEquivalentsAtCarryingValue | $ 12,444,543us-gaap_CashAndCashEquivalentsAtCarryingValue |
| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from exercise of options and warrants. No definition available.
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| X | ||||||||||
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- Definition
Adjustment for noncash service expenses paid for by granting of warrants. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of expenses incurred but not yet paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the amount of outstanding money paid in advance for goods or services that bring economic benefits for future periods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Charge to cost of goods sold that represents the reduction of the carrying amount of inventory, generally attributable to obsolescence or market conditions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The expense charged against earnings to eliminate the capitalized costs of projects that have been terminated during the reporting period, which is added back to net income when calculating cash provided by (used in) operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow to acquire asset without physical form usually arising from contractual or other legal rights, excluding goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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