Latest reported quarter: ANNUAL, ended Jun 2026
| Line item | 2026 ANNUAL | 2025 ANNUAL | 2024 ANNUAL | 2023 ANNUAL | 2022 ANNUAL |
|---|---|---|---|---|---|
| Total Operating Revenue | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Expense | $69.71M | $39.27M | $22.62M | $17.66M | $21.87M |
| Selling and Admin Expenses | $29.82M | $17.23M | $7.12M | $4.23M | $11.40M |
| -General & Admin Expense | $29.82M | $17.23M | $7.12M | $4.23M | $11.40M |
| Research & Development | $25.19M | $12.75M | $8.71M | $5.60M | $1.08M |
| Other Taxes | $218,105.00 | $994,640.00 | $160,058.00 | $0.00 | – |
| Other Operating Expenses | $14.48M | $8.30M | $6.62M | $7.83M | $9.39M |
| Operating Profit | -$69.71M | -$39.27M | -$22.62M | -$17.66M | -$21.87M |
| Net Non-Operating Interest Income (Expense) | $1.56M | $1.90M | $407,498.00 | $51,559.00 | -$28,233.00 |
| Non-Operating Interest Income | $1.87M | $2.20M | $546,029.00 | $139,697.00 | $24,042.00 |
| Non-Operating Interest Expense | $311,744.00 | $279,541.00 | $122,736.00 | $88,138.00 | $45,541.00 |
| Other Income (Expense) | $1.38M | $2.03M | $366,124.00 | $165,242.00 | $377,003.00 |
| Gain on Sale of Security | -$3.15M | $1.35M | -$48,588.00 | $104,772.00 | $377,003.00 |
| Special Income (Charges) | -$50,572.00 | -$260,569.00 | -$215,103.00 | $0.00 | $0.00 |
| -Less:Impairment of Capital Assets | $0.00 | $0.00 | $198,750.00 | $0.00 | $0.00 |
| -Gain on Sale of Property/Plant/Equipment | -$50,572.00 | -$260,569.00 | -$16,353.00 | $0.00 | $0.00 |
| Other Non-Operating Income (Expenses) | $4.58M | $939,412.00 | $629,815.00 | $60,470.00 | – |
| Pretax Profit | -$66.77M | -$35.35M | -$21.84M | -$17.44M | -$21.52M |
| Tax | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Profit | -$66.77M | -$35.35M | -$21.84M | -$17.44M | -$21.52M |
| Profit from Continuing Operations | -$66.77M | -$35.35M | -$21.84M | -$17.44M | -$21.52M |
| Net Income to Parent Company | -$66.77M | -$35.35M | -$21.84M | -$17.44M | -$21.52M |
| Net Income to Common Stockholders | -$66.77M | -$35.35M | -$21.84M | -$17.44M | -$21.52M |
| Basic EPS | -$2.00 | -$1.20 | -$1.00 | -$1.10 | -$1.60 |
| Diluted EPS | -$2.00 | -$1.20 | -$1.00 | -$1.10 | -$1.60 |
| Total Other Finance Costs | – | $26,709.00 | $15,795.00 | – | $6,734.00 |
| Line item | 2026 ANNUAL | 2026 Q4 | 2026 Q2 | 2025 ANNUAL | 2025 Q4 |
|---|---|---|---|---|---|
| Total Assets | $105.75M | $105.75M | $129.16M | $105.03M | $105.03M |
| Total Current Assets | $43.97M | $43.97M | $69.57M | $58.88M | $58.88M |
| Cash and Cash Equivalents & Short-Term Investments | $35.24M | $35.24M | $65.83M | $54.81M | $54.81M |
| -Cash and Cash Equivalents | $35.24M | $35.24M | $65.83M | $54.81M | $54.81M |
| Receivables | $3.28M | $3.28M | $1.15M | $823,268.00 | $823,268.00 |
| -Accounts Receivable | $3.28M | $3.28M | $1.15M | $823,268.00 | $823,268.00 |
| Prepaid Assets | $1.53M | $1.53M | $2.17M | $3.24M | $3.24M |
| Inventory | $3.91M | $3.91M | $425,712.00 | $0.00 | $0.00 |
| Total Non-Current Assets | $61.78M | $61.78M | $59.58M | $46.16M | $46.16M |
| Net PPE | $48.95M | $48.95M | $43.45M | $31.71M | $31.71M |
| -Gross PPE | $54.20M | $54.20M | $46.92M | $34.31M | $34.31M |
| -Accumulated Depreciation | -$5.25M | -$5.25M | -$3.47M | -$2.60M | -$2.60M |
| Non-Current Prepaid Assets | $559,834.00 | $559,834.00 | $3.22M | $897,735.00 | $897,735.00 |
| Goodwill and Other Intangible Assets | $12.27M | $12.27M | $12.91M | $13.55M | $13.55M |
| -Other Intangible Assets | $12.27M | $12.27M | $12.91M | $13.55M | $13.55M |
| Total Liabilities | $17.45M | $17.45M | $20.95M | $12.59M | $12.59M |
| Total Current Liabilities | $13.59M | $13.59M | $17.27M | $8.43M | $8.43M |
| Payables | $8.76M | $8.76M | $8.17M | $6.18M | $6.18M |
| -Accounts Payable | $8.75M | $8.75M | $5.20M | $6.00M | $6.00M |
| -Other Payable | $15,635.00 | $15,635.00 | $2.97M | $178,239.00 | $178,239.00 |
| Current Accrued Expenses | $1.69M | $1.69M | $2.19M | $1.31M | $1.31M |
| Short-Term Debt and Capital Lease Obligation | $628,933.00 | $628,933.00 | $1.11M | $472,018.00 | $472,018.00 |
| -Current Debt | $187,040.00 | $187,040.00 | $715,433.00 | $6,764.00 | $6,764.00 |
| -Current Capital Lease Obligation | $441,893.00 | $441,893.00 | $390,954.00 | $465,254.00 | $465,254.00 |
| Current Provisions | $738,039.00 | $738,039.00 | $5.80M | $467,001.00 | $467,001.00 |
| Current Deferred Liabilities | $1.77M | $1.77M | – | $0.00 | $0.00 |
| Total Non-Current Liabilities | $3.86M | $3.86M | $3.69M | $4.16M | $4.16M |
| Long Term Debt and Capital Lease Obligation | $3.53M | $3.53M | $3.35M | $3.46M | $3.46M |
| -Long Term Debt | $5,719.00 | $5,719.00 | $9,388.00 | $12,303.00 | $12,303.00 |
| -Long Term Capital Lease Obligation | $3.52M | $3.52M | $3.34M | $3.45M | $3.45M |
| Other Non-Current Liabilities | $333,000.00 | $333,000.00 | $333,000.00 | $700,000.00 | $700,000.00 |
| Total Equity | $88.30M | $88.30M | $108.20M | $92.44M | $92.44M |
| Stockholders' Equity | $88.30M | $88.30M | $108.20M | $92.44M | $92.44M |
| Capital Stock | $250.98M | $250.98M | $243.33M | $197.99M | $197.99M |
| -Common Stock | $250.98M | $250.98M | $243.33M | $197.99M | $197.99M |
| Retained Earnings | -$176.00M | -$176.00M | -$144.00M | -$109.23M | -$109.23M |
| Gains/Losses Not Affecting Retained Earnings | $929,049.00 | $929,049.00 | -$1.47M | -$2.78M | -$2.78M |
| Other Equity Interests | $12.39M | $12.39M | $10.35M | $6.47M | $6.47M |
| Line item | 2026 ANNUAL | 2026 Q4 | 2026 Q3 | 2026 Q2 | 2026 Q1 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$44.95M | – | – | – | – |
| Net cash flow from investing | -$18.56M | -$978,056.00 | -$1.20M | -$5.61M | -$10.77M |
| Net Cash Flow from Continuing Investing Activities | -$18.56M | -$978,056.00 | -$1.20M | -$5.61M | -$10.77M |
| Net PPE Purchase and Sale | -$17.13M | -$735,526.00 | -$1.09M | -$5.45M | -$9.97M |
| Net Intangibles Purchase and Sale | -$1.35M | – | – | – | – |
| Net Investment Purchase and Sale | $0.00 | $0.00 | $0.00 | – | $0.00 |
| Net Other Investing Changes | -$73,694.00 | $1.11M | -$108,000.00 | $730,306.00 | -$804,000.00 |
| Financing Cash Flow | $43.18M | -$433,431.00 | -$309,000.00 | $855,403.00 | $43.07M |
| Net Cash Flow from Continuing Financing Activities | $43.18M | -$433,431.00 | -$309,000.00 | $855,403.00 | $43.07M |
| Net Issuance Payments Of Debt | -$1.31M | -$397,973.00 | -$302,000.00 | -$466,164.00 | -$148,000.00 |
| Net Common Stock Issuance | $46.28M | $566,506.00 | $0.00 | $1.85M | $44.44M |
| Net Other Financing Charges | -$1.79M | -$35,964.00 | -$7,000.00 | -$51,944.00 | -$1.69M |
| Ending Cash Balance | $35.24M | $35.24M | $48.20M | $65.83M | $79.25M |
| Net Change in Cash | -$20.33M | -$13.35M | -$17.82M | -$13.64M | $24.48M |
| Beginning Cash Balance | $54.81M | $48.20M | $65.83M | $79.25M | $54.81M |
| Effect of Exchange Rate Changes | $764,244.00 | $394,244.00 | $197,000.00 | $219,060.00 | -$46,000.00 |
| Free Cash Flow | -$65.35M | -$14.24M | -$19.10M | -$15.22M | -$17.79M |
| Net Business Purchase and Sale | – | – | $0.00 | – | $0.00 |
| Proceeds from Stock Option Exercised | – | – | $0.00 | – | $474,000.00 |
| Cash Dividends Paid | – | – | – | – | $0.00 |
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