Independence Power Holdings, Inc. (formerly TriUnity Business Services Limited) completed a reverse merger with Independence Power, Inc. on December 30, 2025, shifting its primary business to industrial battery management and monitoring systems. The company's main business activity is software and hardware development, implementation, and installation of industrial battery management and monitoring systems for high voltage battery storage systems (BESS). In 2025, the company recognized $97.2 million in revenue, primarily from a single contract (GridCore Installation Project) for installing a battery software management system on 101 BESS units. Of the 2025 revenue, $86.6 million was received in the form of a two-year secured promissory note (GridCore Note) due September 2027, with quarterly principal payments starting December 2026. The company expects future revenues to be primarily from software license and subscription fees and related services, with only one active servicing contract (Asset Management Agreement with BESS Rural Energy Cooperative) as of the filing date. Net income for the year ended December 31, 2025, was $68,888,442, a significant increase from a net loss of $2,758,042 in 2024. Cash and cash equivalents stood at $1,576,367 as of December 31, 2025. The company identified material weaknesses in its internal control over financial reporting, including an inadequate control environment, minimal personnel, lack of segregation of duties, and absence of formal policies and review processes. A line of credit agreement for up to $4 million at 4% interest was entered into with Independence Investors, the majority shareholder, effective March 1, 2026, due April 30, 2027. The company's business strategy focuses on supporting the electrification of compression stations and related upstream infrastructure in the Permian Basin, utilizing BESS to mitigate outage risks and improve power quality.