Company research
iPower Inc.
CIK 1830072Updated Sep 26, 2026
SecurityIPW · NASDAQ · equity
IPW price & chart
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NASDAQ:IPW on TradingView ↗About the company
iPower is a technology- and data-driven infrastructure company with a foundation in supply chain services, real-world commerce, and partner-based logistics and fulfillment capabilities. The Company leverages its internal software, data, and operational experience, together with a network of procurement, logistics, fulfillment, warehousing, and commerce partners, to support supply chain services, commerce infrastructure, and related business opportunities.
In the news
iPower Completes Initial $1 Million USD.AI Purchase to Advance AI Infrastructure Strategy ↗
iPower Plans First Funding Tranche This Week for Previously Authorized Share Repurchase Program ↗
Recent filings
Submission of Matters to a Vote of Security Holders
Items 5.07, 9.01
EFFECT filing
424B3 filing
Entry into a Material Definitive Agreement
Items 1.01, 9.01
S-1/A filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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Source
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 35,642,767Source | 51,295,857Source | 60,094,287Source | 78,581,467Source |
| Property, Plant and Equipment, NetUSD | 390,349Source | 370,887Source | 536,418Source | 544,633Source |
| GoodwillUSD | 3,034,110Source | 3,034,110Source | 3,034,110Source | 6,094,144Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 2,981,328Source | 3,630,700Source | 4,280,071Source | 4,929,442Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,774,296Source | 7,377,837Source | 3,735,642Source | 1,821,947Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 6,124,008Source | 14,740,093Source | 14,071,543Source | 17,432,287Source |
| Inventory, NetUSD | 8,131,203Source | 10,546,273Source | 20,593,889Source | 30,433,766Source |
| Assets, CurrentUSD | 19,374,311Source | 35,010,737Source | 41,259,270Source | 55,184,225Source |
| Prepaid Expense and Other Assets, CurrentUSD | 3,111,210Source | 2,346,534Source | 2,858,196Source | 5,444,463Source |
| Operating Lease, Right-of-Use AssetUSD | 3,915,539Source | 6,124,163Source | 7,837,345Source | 10,453,282Source |
| Other Assets, NoncurrentUSD | 1,837,488Source | 679,655Source | 427,254Source | 406,732Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 17,366,765Source | 28,279,824Source | 39,229,546Source | 46,184,637Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 31,361Source | 31,361Source | 29,712Source | 29,573Source |
| Additional Paid in CapitalUSD | 33,450,885Source | 33,463,883Source | 29,624,520Source | 29,111,863Source |
| Retained Earnings (Accumulated Deficit)USD | -15,198,889Source | -10,230,601Source | -8,702,442Source | 3,262,948Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 40,107Source | -210,406Source | -62,134Source | 5,678Source |
| Liabilities and EquityUSD | 35,642,767Source | 51,295,857Source | 60,094,287Source | 78,581,467Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 14,452,798Source | 23,770,015Source | 23,332,308Source | 22,883,579Source |
| Operating Lease, Liability, CurrentUSD | 1,361,111Source | 2,039,301Source | 2,159,173Source | 2,582,933Source |
| Accounts Payable, CurrentUSD | 7,180,009Source | 11,227,116Source | 13,244,957Source | 9,533,408Source |
| Operating Lease, Liability, NoncurrentUSD | 2,913,967Source | 4,509,809Source | 6,106,047Source | 8,265,611Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -47,462Source | -38,204Source | -24,915Source | -13,232Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | -11,977,073Source | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 779,976Source | 796,225Source | 796,375Source | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | 512,542Source | 512,796Source | 372,351Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -7,047,054Source | 953,936Source | -3,333,936Source | 9,535,940Source |
| Increase (Decrease) in InventoriesUSD | -2,750,428Source | -9,958,690Source | -9,600,978Source | 17,592,451Source |
| Deferred Income Tax Expense (Benefit)USD | -1,278,856Source | -292,104Source | -3,097,149Source | 449,998Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -579,187Source | 6,164,076Source | 9,211,269Source | -16,603,005Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -2,042,250Source | 0Source | -140,813Source | -139,386Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 163,588Source | 0Source | 140,813Source | 484,172Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -2,999,362Source | -2,397,801Source | -7,153,620Source | 11,911,916Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -5,369,947Source | 3,642,195Source | 1,913,695Source | -4,829,758Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 2,007,890Source | 7,377,837Source | 3,735,642Source | 1,821,947Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 323,078Source | 308,590Source | 0Source | 0Source |
| Income Taxes Paid, NetUSD | 0Source | 0Source | 55,000Source | 1,851,652Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 250,852Source | -124,080Source | -3,141Source | 717Source |
| Additional Financial Items | ||||
| AmortizationUSD | — | — | 394,168Source | 53,959Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | — | 265,219Source | 265,218Source | — |
| Amortization of Intangible AssetsUSD | 649,371Source | 649,371Source | 649,371Source | 243,515Source |
| Gain (Loss) on InvestmentsUSD | -14,342Source | -5,508Source | -10,001Source | -6,616Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | 0Source |
| GoodwillUSD | 3,034,110Source | 3,034,110Source | 3,034,110Source | 6,094,144Source |
| Goodwill, Impairment LossUSD | — | 0Source | 3,060,034Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -4,977,546Source | -1,541,448Source | -11,977,073Source | 1,504,643Source |
| Income Tax Expense (Benefit)USD | -1,254,489Source | -251,365Source | -2,690,500Source | 558,975Source |
| Net Income (Loss) Attributable to ParentUSD | — | -1,528,159Source | -11,965,390Source | 1,517,875Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -9,258Source | -13,289Source | -11,683Source | -13,232Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -4,968,288Source | — | -11,977,073Source | — |
| Nonoperating Income (Expense)USD | -366,273Source | -829,921Source | -1,184,030Source | -248,419Source |
| Operating ExpensesUSD | 34,859,456Source | 40,216,145Source | 48,281,004Source | 30,887,856Source |
| Other Nonoperating Income (Expense)USD | 84,270Source | -35,988Source | -107,749Source | 296,366Source |
| Payments of Financing CostsUSD | — | — | 0Source | 796,035Source |
| Proceeds from Issuance of Common StockUSD | 0Source | 4,543,089Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | — | 86,071,485Source | 88,902,048Source | 79,418,473Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 12,657,628Source | 12,120,969Source | 12,792,998Source | 11,707,466Source |
| Operating Income (Loss)USD | -5,865,762Source | -962,892Source | -13,483,543Source | 2,312,037Source |
| Other Nonoperating Income (Expense)USD | 84,270Source | -35,988Source | -107,749Source | 296,366Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | -1,792,813Source | -14,667,573Source | 2,063,618Source |
| Income Tax Expense (Benefit)USD | -1,254,489Source | -251,365Source | -2,690,500Source | 558,975Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -9,258Source | -13,289Source | -11,683Source | -13,232Source |
| Net Income (Loss) Attributable to ParentUSD | — | -1,528,159Source | -11,965,390Source | 1,517,875Source |
| Earnings Per Share, BasicUSD per share | -0.16Source | -0.05Source | -0.4Source | 0.05Source |
| Earnings Per Share, DilutedUSD per share | -0.16Source | -0.05Source | -0.4Source | 0.05Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 31,445,633Source | 29,878,196Source | 29,713,354Source | 27,781,493Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 31,445,633Source | 29,878,196Source | 29,713,354Source | 27,781,493Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 649,371Source | 649,371Source | 649,371Source | 243,515Source |
| Current Income Tax Expense (Benefit)USD | 24,367Source | 40,739Source | 406,649Source | 1,008,973Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | 796,375Source | 277,924Source |
| Gain (Loss) on InvestmentsUSD | -14,342Source | -5,508Source | -10,001Source | -6,616Source |
| Goodwill, Impairment LossUSD | — | 0Source | 3,060,034Source | — |
| Gross ProfitUSD | 28,993,694Source | 39,253,253Source | 34,797,461Source | 33,199,893Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -4,977,546Source | -1,541,448Source | -11,977,073Source | 1,504,643Source |
| Interest ExpenseUSD | 427,036Source | 739,226Source | 980,075Source | 359,355Source |
| Interest Income (Expense), NetUSD | -436,201Source | -788,425Source | -1,066,280Source | -458,159Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -4,968,288Source | — | -11,977,073Source | — |
| Nonoperating Income (Expense)USD | -366,273Source | -829,921Source | -1,184,030Source | -248,419Source |
| Operating ExpensesUSD | 34,859,456Source | 40,216,145Source | 48,281,004Source | 30,887,856Source |
Offerings
Registration 333-297399
Filing attachments
ipower_ex107.htm · S-1 · 2026-07-10
Ex-Filing Fees CALCULATION OF FILING FEE TABLES S-1 iPower Inc. Table 1: Newly Registered and Carry Forward Securities Line Item Type Security Type Security Class Title Notes Fee Calculation Amount Registered Proposed Maximum Offering Maximum Aggregate Offering Price Fee Rate Amount of Registration Fee …
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