$61.52M Market Cap.
IPWR Market Cap. (MRY)
IPWR Shares Outstanding (MRY)
IPWR Assets (MRY)
Total Assets
$19.83M
Total Liabilities
$1.97M
Total Investments
$0
IPWR Income (MRY)
Revenue
$86.03K
Net Income
-$10.42M
Operating Expense
$11.06M
IPWR Cash Flow (MRY)
CF Operations
-$8.74M
CF Investing
-$506.43K
CF Financing
$16.62M
IPWR Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $0 | 0% | 0% | 0% | - |
2023 | $0 | 0% | 0% | 0% | - |
2022 | $0 | 0% | 0% | 0% | - |
2021 | $0 | 0% | 0% | 0% | - |
2020 | $0 | 0% | - | 0% | - |
IPWR Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $19,826,684 (61.88%) | $12,248,070 (-36.86%) | $19,399,367 (-25.03%) | $25,877,480 (404.22%) |
Assets Current | $16,296,606 (78.90%) | $9,109,175 (-46.11%) | $16,902,924 (-27.91%) | $23,447,311 (580.34%) |
Assets Non-Current | $3,530,078 (12.46%) | $3,138,895 (25.73%) | $2,496,443 (2.73%) | $2,430,169 (44.16%) |
Goodwill & Intangible Assets | $2,611,998 (1.24%) | $2,580,066 (26.70%) | $2,036,431 (-0.93%) | $2,055,650 (31.02%) |
Shareholders Equity | $17,855,164 (77.49%) | $10,059,700 (-43.83%) | $17,908,604 (-25.84%) | $24,149,925 (530.68%) |
Property Plant & Equipment Net | $898,729 (64.66%) | $545,795 (21.61%) | $448,823 (23.53%) | $363,330 (210.95%) |
Cash & Equivalents | $15,842,850 (86.94%) | $8,474,835 (-48.15%) | $16,345,623 (-29.45%) | $23,170,149 (633.87%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $96,406 (18.36%) | $81,450 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $692 (-99.01%) | $70,000 (6.16%) | $65,936 (-71.73%) | $233,262 (36.98%) |
Trade & Non-Trade Payables | $104,117 (-74.30%) | $405,098 (210.41%) | $130,503 (0.00%) | $130,500 (27.96%) |
Accumulated Retained Earnings (Deficit) | -$107,467,263 (-10.73%) | -$97,049,450 (-11.43%) | -$87,095,430 (-9.00%) | -$79,906,080 (-6.35%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $486,016 (139.43%) | $202,987 (-24.14%) | $267,584 (-18.03%) | $326,448 (88.20%) |
Debt Current | $82,681 (16.97%) | $70,683 (9.42%) | $64,597 (9.74%) | $58,864 (-28.26%) |
Debt Non-Current | $403,335 (204.85%) | $132,304 (-34.82%) | $202,987 (-24.14%) | $267,584 (192.74%) |
Total Liabilities | $1,971,520 (-9.91%) | $2,188,370 (46.80%) | $1,490,763 (-13.71%) | $1,727,555 (32.59%) |
Liabilities Current | $560,810 (-39.76%) | $930,893 (107.18%) | $449,318 (-17.23%) | $542,871 (-17.69%) |
Liabilities Non-Current | $1,410,710 (12.19%) | $1,257,477 (20.74%) | $1,041,445 (-12.09%) | $1,184,684 (84.12%) |
IPWR Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $86,032 (-56.74%) | $198,871 (-2.16%) | $203,269 (-64.73%) | $576,399 (34.63%) |
Cost of Revenue | $93,409 (-41.84%) | $160,613 (-20.99%) | $203,269 (-64.73%) | $576,399 (34.63%) |
Selling General & Administrative Expense | $4,856,580 (4.51%) | $4,647,135 (16.87%) | $3,976,183 (36.11%) | $2,921,232 (24.46%) |
Research & Development Expense | $6,207,218 (8.08%) | $5,743,211 (70.58%) | $3,366,776 (74.65%) | $1,927,743 (12.02%) |
Operating Expenses | $11,063,798 (6.48%) | $10,390,346 (41.50%) | $7,342,959 (51.43%) | $4,848,975 (19.20%) |
Interest Expense | $0 (0%) | $0 (0%) | $153,609 (1309.42%) | -$12,701 (-351.55%) |
Income Tax Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$10,417,813 (-4.66%) | -$9,954,020 (-38.46%) | -$7,189,350 (-50.71%) | -$4,770,269 (38.79%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$10,417,813 (-4.66%) | -$9,954,020 (-38.46%) | -$7,189,350 (-50.71%) | -$4,770,269 (38.79%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$10,417,813 (-4.66%) | -$9,954,020 (-38.46%) | -$7,189,350 (-50.71%) | -$4,770,269 (38.79%) |
Weighted Average Shares | $8,165,485 (31.90%) | $6,190,746 (0.53%) | $6,157,866 (3.71%) | $5,937,520 (67.76%) |
Weighted Average Shares Diluted | $8,165,485 (31.90%) | $6,190,746 (0.53%) | $6,157,866 (3.71%) | $5,937,520 (67.76%) |
Earning Before Interest & Taxes (EBIT) | -$10,417,813 (-4.66%) | -$9,954,020 (-41.48%) | -$7,035,741 (-47.10%) | -$4,782,970 (38.59%) |
Gross Profit | -$7,377 (-119.28%) | $38,258 (0%) | $0 (0%) | $0 (0%) |
Operating Income | -$11,071,175 (-6.95%) | -$10,352,088 (-40.98%) | -$7,342,959 (-51.43%) | -$4,848,975 (-19.20%) |
IPWR Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$506,428 (3.16%) | -$522,946 (-67.21%) | -$312,740 (-31.99%) | -$236,935 (-252.79%) |
Net Cash Flow from Financing | $16,617,023 (7783.68%) | -$216,264 (-69.13%) | -$127,872 (-100.52%) | $24,530,692 (670.01%) |
Net Cash Flow from Operations | -$8,742,580 (-22.59%) | -$7,131,578 (-11.71%) | -$6,383,914 (-49.13%) | -$4,280,864 (-41.80%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $7,368,015 (193.61%) | -$7,870,788 (-15.33%) | -$6,824,526 (-134.10%) | $20,012,893 (19998.51%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$197,266 (18.09%) | -$240,825 (-31.85%) | -$182,651 (-312.61%) | -$44,267 (-217.55%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | $15,724,818 (0%) | $0 (0%) | $0 (0%) | $21,204,609 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $1,596,254 (-31.24%) | $2,321,380 (115.76%) | $1,075,901 (92.02%) | $560,293 (-39.01%) |
Depreciation Amortization & Accretion | $416,521 (24.75%) | $333,896 (78.48%) | $187,077 (18.73%) | $157,564 (28.99%) |
IPWR Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | -8.60% (-144.79%) | 19.20% (0%) | 0% (0%) | 0% (0%) |
Profit Margin | -12109.20% (-141.93%) | -5005.30% (-41.52%) | -3536.90% (-327.37%) | -827.60% (54.54%) |
EBITDA Margin | -11625.10% (-140.32%) | -4837.40% (-43.57%) | -3369.30% (-319.85%) | -802.50% (55.19%) |
Return on Average Equity (ROAE) | -51.30% (32.23%) | -75.70% (-113.84%) | -35.40% (-92.39%) | -18.40% (91.80%) |
Return on Average Assets (ROAA) | -46.40% (29.38%) | -65.70% (-101.53%) | -32.60% (-89.53%) | -17.20% (89.51%) |
Return on Sales (ROS) | -12109.20% (-141.93%) | -5005.30% (-44.61%) | -3461.30% (-317.12%) | -829.80% (54.39%) |
Return on Invested Capital (ROIC) | -1734.40% (-1.39%) | -1710.70% (-31.30%) | -1302.90% (33.94%) | -1972.30% (88.90%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -5.9 (-22.21%) | -4.83 (47.23%) | -9.14 (39.34%) | -15.07 (-305.90%) |
Price to Sales Ratio (P/S) | 716.59 (196.26%) | 241.88 (-25.38%) | 324.15 (160.93%) | 124.23 (83.94%) |
Price to Book Ratio (P/B) | 3.44 (-24.98%) | 4.59 (30.20%) | 3.53 (19.88%) | 2.94 (-53.65%) |
Debt to Equity Ratio (D/E) | 0.11 (-49.54%) | 0.22 (162.65%) | 0.08 (15.28%) | 0.07 (-78.82%) |
Earnings Per Share (EPS) | -1.28 (20.50%) | -1.61 (-37.61%) | -1.17 (-46.25%) | -0.8 (63.64%) |
Sales Per Share (SPS) | 0.01 (-65.63%) | 0.03 (-3.03%) | 0.03 (-65.98%) | 0.1 (-19.83%) |
Free Cash Flow Per Share (FCFPS) | -1.09 (8.06%) | -1.19 (-11.73%) | -1.07 (-46.43%) | -0.73 (15.05%) |
Book Value Per Share (BVPS) | 2.19 (34.58%) | 1.63 (-44.12%) | 2.91 (-28.50%) | 4.07 (275.88%) |
Tangible Assets Book Value Per Share (TABVPS) | 2.11 (34.96%) | 1.56 (-44.61%) | 2.82 (-29.71%) | 4.01 (298.41%) |
Enterprise Value Over EBIT (EV/EBIT) | -4 (0.00%) | -4 (33.33%) | -6 (40.00%) | -10 (-233.33%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -4.34 (-17.00%) | -3.71 (43.60%) | -6.57 (35.21%) | -10.14 (-274.52%) |
Asset Turnover | 0 (-69.23%) | 0.01 (44.44%) | 0.01 (-57.14%) | 0.02 (-76.67%) |
Current Ratio | 29.06 (196.97%) | 9.79 (-73.99%) | 37.62 (-12.90%) | 43.19 (726.46%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$8,939,846 (-21.26%) | -$7,372,403 (-12.27%) | -$6,566,565 (-51.82%) | -$4,325,131 (-42.60%) |
Enterprise Value (EV) | $43,365,008 (21.63%) | $35,654,208 (-20.77%) | $45,003,527 (-4.07%) | $46,910,859 (125.96%) |
Earnings Before Tax (EBT) | -$10,417,813 (-4.66%) | -$9,954,020 (-38.46%) | -$7,189,350 (-50.71%) | -$4,770,269 (38.79%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$10,001,292 (-3.96%) | -$9,620,124 (-40.47%) | -$6,848,664 (-48.07%) | -$4,625,406 (39.67%) |
Invested Capital | $1,297,042 (178.78%) | $465,263 (-44.32%) | $835,579 (91.97%) | $435,258 (643.73%) |
Working Capital | $15,735,796 (92.41%) | $8,178,282 (-50.29%) | $16,453,606 (-28.16%) | $22,904,440 (721.86%) |
Tangible Asset Value | $17,214,686 (78.06%) | $9,668,004 (-44.32%) | $17,362,936 (-27.11%) | $23,821,830 (568.54%) |
Market Capitalization | $61,515,709 (33.16%) | $46,195,346 (-26.87%) | $63,171,218 (-11.10%) | $71,058,075 (192.31%) |
Average Equity | $20,314,911 (54.47%) | $13,150,952 (-35.26%) | $20,312,782 (-21.45%) | $25,859,918 (644.69%) |
Average Assets | $22,434,740 (48.07%) | $15,151,280 (-31.23%) | $22,031,078 (-20.44%) | $27,691,522 (482.43%) |
Invested Capital Average | $600,668 (3.23%) | $581,878 (7.75%) | $540,024 (122.68%) | $242,512 (453.40%) |
Shares | 8,147,776 (37.04%) | 5,945,347 (0.70%) | 5,903,797 (0.20%) | 5,892,046 (98.03%) |
