Ideal Power Inc. (IPWR) Q2 2024 Earnings Call Transcript

Aug. 14, 2024 7:02 PM ETIdeal Power Inc. (IPWR) StockIPWR
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Ideal Power Inc. (NASDAQ:IPWR) Q2 2024 Earnings Conference Call August 14, 2024 10:00 AM ET

Company Participants

Jeff Christensen - Darrow Associates, IR
Daniel Brdar - President and CEO
Tim Burns - CFO

Conference Call Participants

Brian Dobson - Clear Street
Kris Tuttle - Blue Caterpillar

Operator

Good morning, ladies and gentlemen, and welcome to the Ideal Power Second Quarter 2024 Results Call. [Operator Instructions] As a reminder, this event is being recorded. I would now like to turn the conference over to Jeff Christensen. Please go ahead.

Jeff Christensen

Thank you, operator, and good morning, everyone. Thank you for joining Ideal Power's second quarter 2024 conference call. With me on the call today are Dan Brdar, President and Chief Executive Officer; and Tim Burns, Chief Financial Officer. Ideal Power's second quarter 2024 financial results press release is available on the company's website at idealpower.com.

Before we begin, I'd like to remind everyone that statements made on the call and webcast, including those regarding future financial results and company's prospects, are forward-looking and may be subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the call. Please refer to the company's SEC filings for a list of associated risks, and we would also refer you to the company's website for more supporting company information.

Now I would like to turn the call over to Ideal Power's President and CEO, Dan Brdar. Dan?

Daniel Brdar

Thank you, Jeff, and thanks, everyone, for joining us today on our second quarter conference call. I'm excited to update you today on our progress since the start of the second quarter as we've accomplished a couple of our key milestones for the year and made significant progress with several key customers. Then I'll turn things over to Tim Burns to

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