Ideal Power Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Note 6 - Accrued Expense

Note 6 - Accrued Expense

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]

Note 6 — Accrued Expenses

Accrued expenses consisted of the following:

		December 31,
		2024				2023
Accrued compensation		$	118,443			$	185,494
Accrued licensing fees			100,000				100,000
Accrued professional fees			80,410				79,156
Accrued Board fees			62,500				62,500
Other			12,659				27,962
		$	374,012			$	455,112