Ideal Power Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Dan Brdar

Chief executive officer

US$627.7k

Total compensation

CEO salary percentage	56.4%
CEO tenure	4.6yrs
CEO ownership	0.6%
Management average tenure	no data
Board average tenure	6.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dan Brdar's remuneration changed compared to Ideal Power's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$10m
Jun 30 2024	n/a	n/a	-US$10m
Mar 31 2024	n/a	n/a	-US$10m
Dec 31 2023	US$628k	US$354k	-US$10m
Sep 30 2023	n/a	n/a	-US$9m
Jun 30 2023	n/a	n/a	-US$8m
Mar 31 2023	n/a	n/a	-US$8m
Dec 31 2022	US$2m	US$354k	-US$7m
Sep 30 2022	n/a	n/a	-US$7m
Jun 30 2022	n/a	n/a	-US$6m
Mar 31 2022	n/a	n/a	-US$6m
Dec 31 2021	US$1m	US$332k	-US$5m
Sep 30 2021	n/a	n/a	-US$4m
Jun 30 2021	n/a	n/a	-US$8m
Mar 31 2021	n/a	n/a	-US$8m
Dec 31 2020	US$996k	US$285k	-US$8m
Sep 30 2020	n/a	n/a	-US$7m
Jun 30 2020	n/a	n/a	-US$3m
Mar 31 2020	n/a	n/a	-US$3m
Dec 31 2019	US$335k	US$234k	-US$3m
Sep 30 2019	n/a	n/a	-US$3m
Jun 30 2019	n/a	n/a	-US$4m
Mar 31 2019	n/a	n/a	-US$4m
Dec 31 2018	US$343k	US$331k	-US$4m
Sep 30 2018	n/a	n/a	US$982k
Jun 30 2018	n/a	n/a	US$3k
Mar 31 2018	n/a	n/a	-US$2m
Dec 31 2017	US$383k	US$323k	-US$4m

Compensation vs Market: Dan's total compensation ($USD627.70K) is above average for companies of similar size in the German market ($USD474.67K).

Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.

CEO

Dan Brdar (64 yo)

4.6yrs

Tenure

US$627,699

Compensation

Mr. R. Daniel Brdar, also known as Dan, serves as President and Chief Executive Officer of Ideal Power Inc. since April 8, 2020. He had been BTRAN Chief Commercial Officer of Ideal Power Inc. since April 1...

Board Members

Name	Position	Tenure	Compensation	Ownership
R. Brdar	CEO, President & Director	10.8yrs	US$627.70k	0.59% € 303.1k
Michael Turmelle	Independent Chairman of the Board	6.9yrs	US$190.00k	0.19% € 100.2k
Gregory Knight	Independent Director	2.6yrs	US$120.00k	0.097% € 50.1k
Ted Lesster	Independent Director	6.6yrs	US$120.00k	0.097% € 50.1k
Drue Freeman	Independent Director	2.6yrs	US$120.00k	0.097% € 50.1k

6.6yrs

Average Tenure

64yo

Average Age

Experienced Board: 5ILA's board of directors are considered experienced (6.6 years average tenure).

Ideal Power Management

Management criteria checks 2/4

Key information

Recent management updates

Ideal Power Inc., Annual General Meeting, Jun 20, 2024

High number of new directors

Ideal Power Inc., Annual General Meeting, Jun 16, 2022

High number of new directors

High number of new directors

Ideal Power Inc. Appoints Board Changes, Effective April 4, 2022

Recent updates

Third quarter 2024 earnings released: US$0.31 loss per share (vs US$0.44 loss in 3Q 2023)

Ideal Power Inc. to Report Q3, 2024 Results on Nov 14, 2024

New major risk - Share price stability

Second quarter 2024 earnings released: US$0.31 loss per share (vs US$0.37 loss in 2Q 2023)

New major risk - Share price stability

Ideal Power Inc. to Report Q2, 2024 Results on Aug 14, 2024

First quarter 2024 earnings released: US$0.39 loss per share (vs US$0.41 loss in 1Q 2023)

Ideal Power Inc. to Report Q1, 2024 Results on May 15, 2024

Ideal Power Inc., Annual General Meeting, Jun 20, 2024

New major risk - Revenue and earnings growth

New major risk - Shareholder dilution

Ideal Power Inc. has filed a Follow-on Equity Offering.

Full year 2023 earnings released: US$1.61 loss per share (vs US$1.17 loss in FY 2022)

Ideal Power Inc. to Report Q4, 2023 Results on Feb 29, 2024

Third quarter 2023 earnings released: US$0.44 loss per share (vs US$0.28 loss in 3Q 2022)

Ideal Power Inc. to Report Q3, 2023 Results on Nov 14, 2023

Second quarter 2023 earnings released: US$0.37 loss per share (vs US$0.27 loss in 2Q 2022)

Ideal Power Inc. to Report Q2, 2023 Results on Aug 10, 2023

First quarter 2023 earnings released: US$0.41 loss per share (vs US$0.31 loss in 1Q 2022)

Full year 2022 earnings released: US$1.17 loss per share (vs US$0.80 loss in FY 2021)

Ideal Power Inc. Launches Its First Commercial Product, the SymCool Power Module

Third quarter 2022 earnings released: US$0.28 loss per share (vs US$0.20 loss in 3Q 2021)

Ideal Power Inc. to Report Q3, 2022 Results on Nov 14, 2022

Second quarter 2022 earnings released: US$0.27 loss per share (vs US$0.19 loss in 2Q 2021)

Ideal Power Inc. to Report Q2, 2022 Results on Aug 15, 2022

High number of new directors

Ideal Power Inc. to Report Q1, 2022 Results on May 16, 2022

Ideal Power Inc., Annual General Meeting, Jun 16, 2022

No longer forecast to breakeven

High number of new directors

High number of new directors

Ideal Power Inc. Appoints Board Changes, Effective April 4, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Ideal Power Inc. to Report Q4, 2021 Results on Mar 17, 2022

No longer forecast to breakeven

Third quarter 2021 earnings released: US$0.20 loss per share (vs US$1.28 loss in 3Q 2020)

Insufficient new directors

Ideal Power Signs B-TRAN™ Test and Evaluation Agreement with Top 10 Global Provider of Power Conversion Solutions to the Solar Industry

Ideal Power Inc. Completes B-Tran Driver for Customer Sampling Program

Ideal Power Inc. to Report Q4, 2020 Results on Mar 17, 2021

Ideal Power Inc. has completed a Follow-on Equity Offering in the amount of $20.0005 million.

New 90-day high: €11.90

New 90-day high: €6.20

Ideal Power Inc. to Report Q3, 2020 Results on Nov 12, 2020

Ideal Power Inc. to Report Q2, 2020 Results on Aug 13, 2020

New 90-day high - €6.90

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age