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

Annual report pursuant to Section 13 and 15(d)

Note 10 - Equity Incentive Plan (Tables)

Note 10 - Equity Incentive Plan (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

Share-Based Payment Arrangement, Option, Activity [Table Text Block]

		2023												2022
										Weighted												Weighted
						Weighted				Average								Weighted				Average
						Average				Remaining								Average				Remaining
		Stock				Exercise				Life				Stock				Exercise				Life
		Options				Price				(in years)				Options				Price				(in years)
Outstanding at January 1			513,948			$	7.59				6.6				492,886			$	7.35				7.6
Granted			12,000			$	11.96								61,062			$	11.09
Exercised			—			$	—								(3,750	)		$	5.36
Forfeited / Expired			—			$	—								(36,250	)		$	10.45
Outstanding at December 31			525,948			$	7.69				5.7				513,948			$	7.59				6.6
Exercisable at December 31			475,287			$	7.18				5.4				443,284			$	6.78				6.2

Share-Based Payment Arrangement, Option, Exercise Price Range [Table Text Block]

								Weighted
								Average				Weighted
								Remaining				Average
				Options				Life				Exercise				Options
Range of Exercise Prices				Outstanding				(in years)				Price				Exercisable
$1.99	–	$2.85			181,557				4.3			$	2.52				181,557
$4.25	–	$9.31			176,736				6.5			$	7.33				176,736
$10.41	–	$17.25			163,302				6.4			$	12.75				112,641
$31.50	–	$79.40			4,353				2.6			$	48.50				4,353
					525,948												475,287

Share-Based Payment Arrangement, Outstanding Award, Activity, Excluding Option [Table Text Block]

		2023								2022
		RSUs				PSUs				RSUs				PSUs
Outstanding at January 1			183,666				114,000				100,000				—
Granted			87,750				—				117,000				114,000
Vested			(99,886	)			—				(33,334	)			—
Outstanding at December 31			171,530				114,000				183,666				114,000

Share-Based Payment Arrangement, Option [Member]

Notes Tables

Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

		For the year ended December 31,
		2023				2022
Average risk-free interest rate			4.13	%			2.67%
Expected dividend yield			—	%			—
Expected life (in years)			6.00			5.25	to	6.00
Expected volatility			90	%			90%