Ideal Power Inc. Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2016

Estimated useful lives of the principal classes of assets are as follows:



Leasehold improvements		Shorter of lease term or useful life
Machinery and equipment		5 years
Furniture, fixtures and computers		3 – 5 years

Property and equipment, net consisted of the following:



	December 31,
	2016			2015
Machinery and equipment	$	894,228		$	676,881
Building leasehold improvements	395,335			362,300
Furniture, fixtures, software and computers	228,011			195,497
	1,517,574			1,234,678
Accumulated depreciation and amortization	(581,088		)	(308,779		)
	$	936,486		$	925,899