iPower Inc.

iPower Inc. reported a net loss of $1.2 million for Q2 2026, an improvement from the $2.0 million loss before income taxes, primarily due to a $821K income tax benefit. Total revenues were $7.1 million with a gross profit of $3.1 million, resulting in a gross margin of 43.7%. However, operating expenses of $5.6 million led to an operating loss of $2.4 million. The company generated positive operating cash flow of $764K, driven by non-cash adjustments including depreciation and amortization of $396K and stock-based compensation of $403K. Significant cash outflows from investing activities totaled $5.6 million, primarily for digital asset purchases and software development prepayments, while financing activities provided $4.8 million mainly from convertible notes and short-term loans. The balance sheet shows total assets of $34.0 million with $2.0 million in cash, total liabilities of $16.0 million, and stockholders' equity of $18.0 million.

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