Ideal Power Inc. (IPWR) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 18, 2026

Risk Assessment Details

Potential Dilution: 10.65% of current shares
Recent Dilution: 58.06% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
11M
Potential Supply
1.2M
Additional shares possible
Splits
None
Past 2 years

Summary

IPWR currently has 11.2M outstanding shares. with limited dilution risk as only 1.19M additional shares (10.7%) are authorized for issuance. The company has significantly diluted shareholders by 58.06% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 18, 2026

8-K filing: Ideal Power Inc. completed an offering of 3,220,961 shares of common stock and pre-funded warrants for gross proceeds of approximately $30 million. ($30.0M proceeds)

11M 1.2M
May 15, 2026

10-Q filing | 11.2M shares outstanding

11M 1.2M
Mar 27, 2026

S-1 filing: This prospectus covers potential resale by certain selling securityholder of 631,332 shares of our Common Stock issuable upon the exercise of pre-funded warrants at an exercise price of approximately $0.001 per share.

12M 260K
Mar 27, 2026

10-K filing | 12.1M shares outstanding

12M 0
Dec 30, 2025

S-3 filing: This is an S-3 filing for a mixed shelf offering of up to $50,000,000 in the aggregate of common stock, preferred stock, warrants and units, in any combination.

9.2M 2.6M
Nov 13, 2025

10-Q filing | 9.2M shares outstanding

9.2M 2.6M
Aug 14, 2025

10-Q filing | 9.1M shares outstanding

9.1M 2.6M
May 15, 2025

10-Q filing | 9.1M shares outstanding

9.1M 2.6M
Mar 28, 2025

10-K filing | 8.2M shares outstanding

8.2M 3.6M
Nov 14, 2024

10-Q filing | 8.8M shares outstanding

8.8M 2.9M
Aug 14, 2024

10-Q filing | 7.7M shares outstanding

7.7M 4M
May 15, 2024

10-Q filing | 7.7M shares outstanding

7.7M 4M
Apr 01, 2024

10-K filing | 7.4M shares outstanding

7.4M 4.3M
Mar 28, 2024

8-K filing: Ideal Power Inc. completed an underwritten public offering of 1,366,668 shares of common stock and pre-funded warrants to purchase up to 633,332 shares at a price of $7.50 per share and $7.499 per pre-funded warrant, respectively, with net proceeds expected to be approximately $13.6 million.

6.2M 5.5M
Nov 14, 2023

10-Q filing | 6.2M shares outstanding

6.2M 5.5M
Aug 11, 2023

10-Q filing | 6.2M shares outstanding

6.2M 5.5M
May 12, 2023

10-Q filing | 6.2M shares outstanding

6.2M 5.5M
Mar 30, 2023

10-K filing | 6.2M shares outstanding

6.2M 5.6M
Dec 29, 2022

S-3 filing: Ideal Power Inc. files an S-3 registration statement to offer and sell up to $50,000,000 in the aggregate of common stock, preferred stock, warrants and units, in any combination.

6.2M 5.6M
Nov 14, 2022

10-Q filing | 6.2M shares outstanding

6.2M 610K
Aug 15, 2022

10-Q filing | 6.2M shares outstanding

6.2M 610K
May 16, 2022

10-Q filing | 6.2M shares outstanding

6.2M 610K
Mar 25, 2022

10-K filing | 5.9M shares outstanding

5.9M 830K
Nov 12, 2021

10-Q filing | 6.1M shares outstanding

6.1M 640K
Aug 13, 2021

10-Q filing | 5.9M shares outstanding

5.9M 900K
May 14, 2021

10-Q filing | 5.9M shares outstanding

5.9M 900K
Mar 26, 2021

10-K filing | 5.9M shares outstanding

5.9M 900K
Feb 10, 2021

8-K filing: Ideal Power Inc. completed a public offering of 1,176,500 shares of common stock at $17.00 per share, with an additional 176,475 shares sold through the underwriter's option, resulting in expected net proceeds of approximately $21.1 million. ($22.96M proceeds)

3M 3.8M
Nov 20, 2020

S-3 filing: The company may offer and sell up to $25,000,000 in the aggregate of common stock, preferred stock, warrants and units, in any combination.

3M 3.8M
Nov 13, 2020

10-Q filing | 3.0M shares outstanding

3M 630K
Aug 28, 2020

S-3 filing: This prospectus relates to the offer, resale, transfer or other disposition, from time to time in one or more offerings, of up to 705,688 shares of our common stock issuable upon exercise of the Series C Warrants by the selling stockholders.

2.9M 710K
Aug 13, 2020

10-Q filing | 2.9M shares outstanding

2.9M 0
Aug 03, 2020

8-K filing: Ideal Power Inc. entered into letter agreements with Series A warrant holders for the early exercise of their Original Warrants, raising approximately $2.7 million in gross proceeds. The company issued new Series C warrants to purchase up to an aggregate of 705,688 shares of Common Stock. ($2.7M proceeds)

2.1M 0
May 14, 2020

10-Q filing | 2.1M shares outstanding

2.1M 0
Mar 31, 2020

10-K filing | 2.1M shares outstanding

2.1M 0
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