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

Accrued Expenses

12 Months Ended

Dec. 31, 2018

Note 7 — Accrued Expenses

Accrued expenses consisted of the following:

	December 31,
	2018		2017
Accrued professional fees	$	47,000	$	48,481
Accrued compensation		43,822		92,358
Accrued licensing fees		40,000		40,000
Accrued board of director fees		30,000		62,500
Accrued litigation		—		100,000
Accrued semiconductor fabrication costs		—		90,250
Other		6,933		14,596
	$	167,755	$	448,185