SequelSEC

Independence Power Holdings, Inc. ITXP

Services-Engineering, Accounting, Research, Management · CIK 0002025878 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$97.21M
Fiscal year ended 2025-12-31
Operating income
$85.74M
Fiscal year ended 2025-12-31
Free cash flow
Unavailable
Fiscal year ended 2025-12-31

Independence Power Holdings, Inc. (ITXP) reported revenue of $97.21M for the fiscal year ended 2025-12-31. This page shows 4 annual periods of income statement, balance sheet and cash flow figures normalized from Independence Power Holdings, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Engineering, Accounting, Research, Management.

Income

Independence Power Holdings, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312025-07-312024-12-312024-07-31
Revenue$97.21M$22.13K$0$8.00K
Cost of revenue$2.50M$0$0$0
Gross profit$94.71M$22.13K$0$8.00K
Operating income$85.74M-$25.32K-$2.76MUnavailable
Net incomeUnavailable-$25.32K-$2.76M-$21.38K
Research & development$1.92MUnavailable$1.09MUnavailable
Weighted-average diluted sharesshares 224.23Mshares 4.63Mshares 224.00Mshares 3.80M
Pretax income$86.83M-$25.32K-$2.76M-$21.38K
Income tax expense$17.94M$0$0$0
Diluted EPS$0.31$-0.01$-0.01$-0.01
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailable
General & administrative$6.36M$47.45K$909.80K$29.38K
Selling & marketingUnavailableUnavailableUnavailableUnavailable

Balance

Independence Power Holdings, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312025-07-312024-12-312024-07-31
Cash & equivalentsUnavailableUnavailableUnavailableUnavailable
Total assets$92.81M$28.50K$565.52K$28.45K
Current assets$24.58M$28.04K$297.32K$27.88K
Total liabilities$19.36M$42.57K$271.38K$49.45K
Current liabilities$1.41M$42.57K$271.38K$49.45K
Total equity incl. NCI$73.45M-$14.08K$294.15K-$21.00K
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailable$0
GoodwillUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailable
Accounts payable$530.04KUnavailable$213.55KUnavailable

Cash flow

Independence Power Holdings, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312025-07-312024-12-312024-07-31
Operating cash flow-$337.27K-$32.10K-$2.72M$27.97K
Capital expendituresUnavailable$0Unavailable$576
Investing cash flow-$30.74K$0-$268.20K-$576
Financing cash flow$1.88M$32.25K$3.05M$380
Net change in cash$1.51M$152$67.61K$27.78K
Stock-based compensationUnavailableUnavailableUnavailableUnavailable
Common dividends paidUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailable
Depreciation & amortizationUnavailableUnavailableUnavailableUnavailable

Derived

Independence Power Holdings, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312025-07-312024-12-312024-07-31
Free cash flowUnavailable-$32.10KUnavailable$27.40K
Gross margin97.4%100.0%Unavailable100.0%
Operating margin88.2%-114.4%UnavailableUnavailable
FCF marginUnavailable-145.1%Unavailable342.4%
SBC / revenueUnavailableUnavailableUnavailableUnavailable
Current ratio17.38x0.66x1.10x0.56x
Revenue YoY growthUnavailableUnavailableUnavailableUnavailable
Net marginUnavailable-114.4%Unavailable-267.3%
R&D / revenue2.0%UnavailableUnavailableUnavailable
CapEx / revenueUnavailable0.0%Unavailable7.2%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailable
Effective tax rate20.7%UnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open ITXP in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-11View SEC filing
10-Q · Filed 2026-05-12View SEC filing
10-K · Filed 2026-03-31View SEC filing
10-Q · Filed 2025-12-02View SEC filing
10-K · Filed 2025-09-26View SEC filing
10-Q · Filed 2025-06-13View SEC filing

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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.