Company research
Polar Power, Inc.
CIK 1622345Updated Nov 6, 2026
POLA price & chart
Loading TradingView…
NASDAQ:POLA on TradingView ↗In the news
Polar Power Reduces Pinnacle Bank Debt by $3 Million, from Approximately $4.7 Million to $1.667 Million; Expects Remaining Balance to Be Paid Down by End of September ↗
Recent filings
Regulation FD Disclosure
Items 7.01, 9.01
424B7 filing
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Items 3.01
Submission of Matters to a Vote of Security Holders
Items 5.07
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 5.02, 7.01, 9.01
Show 5 more recent filings
DEFR14A filing
DEFR14A filing
Regulation FD Disclosure
Items 7.01, 9.01
Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities · Regulation FD Disclosure
Items 1.01, 3.02, 7.01, 9.01
424B3 filing
Financials
FY 2025 · USDSource
Source
Source
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 12,346,000Source | 20,916,000Source | 10,203,000Source | 16,546,000Source | 22,180,000Source | 11,447,000Source | 16,592,000Source | 23,862,000Source | 10,437,000Source | 17,546,000Source | 25,259,000Source | 24,188,000Source |
| Property, Plant and Equipment, NetUSD | 144,000Source | 217,000Source | 96,000Source | 160,000Source | 241,000Source | 112,000Source | 178,000Source | 278,000Source | 128,000Source | 196,000Source | 344,000Source | 538,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 4,000Source | 498,000Source | 183,000Source | 175,000Source | 1,119,000Source | 27,000Source | 68,000Source | 212,000Source | 200,000Source | 498,000Source | 549,000Source | 211,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 856,000Source | 2,949,000Source | 566,000Source | 2,031,000Source | 2,310,000Source | 1,511,000Source | 1,687,000Source | 1,282,000Source | 330,000Source | 2,153,000Source | 1,676,000Source | 2,230,000Source |
| Inventory, NetUSD | 10,892,000Source | 15,029,000Source | 9,232,000Source | 12,993,000Source | 15,776,000Source | 9,547,000Source | 13,134,000Source | 16,221,000Source | 9,425,000Source | 12,893,000Source | 16,522,000Source | 15,460,000Source |
| Assets, CurrentUSD | 11,822,000Source | 18,647,000Source | 10,041,000Source | 15,241,000Source | 19,592,000Source | 11,163,000Source | 14,963,000Source | 20,946,000Source | 10,031,000Source | 15,597,000Source | 21,989,000Source | 23,317,000Source |
| Operating Lease, Right-of-Use AssetUSD | 380,000Source | 1,944,000Source | 66,000Source | 1,037,000Source | 2,239,000Source | 172,000Source | 1,343,000Source | 2,530,000Source | 278,000Source | 1,645,000Source | 2,818,000Source | 240,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 9,447,000Source | 9,355,000Source | 9,346,000Source | 9,562,000Source | 10,632,000Source | 9,057,000Source | 9,337,000Source | 12,815,000Source | 10,293,000Source | 9,034,000Source | 12,070,000Source | 6,007,000Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | — | 2,000Source | — | — | 2,000Source | — | — | 2,000Source | — | 2,000Source | 2,000Source | 1,000Source |
| Additional Paid in CapitalUSD | 38,896,000Source | 38,886,000Source | 42,375,000Source | 38,896,000Source | 38,886,000Source | 42,077,000Source | 38,896,000Source | 38,886,000Source | 39,653,000Source | 38,886,000Source | 38,886,000Source | 37,331,000Source |
| Retained Earnings (Accumulated Deficit)USD | -35,957,000Source | -27,287,000Source | -41,478,000Source | -31,872,000Source | -27,300,000Source | -39,647,000Source | -31,601,000Source | -27,801,000Source | -39,469,000Source | -30,336,000Source | -25,659,000Source | -19,111,000Source |
| Stockholders' Equity Attributable to ParentUSD | 2,899,000Source | 11,561,000Source | 857,000Source | 6,984,000Source | 11,548,000Source | 2,390,000Source | 7,255,000Source | 11,047,000Source | 144,000Source | 8,512,000Source | 13,189,000Source | 18,181,000Source |
| Liabilities and EquityUSD | 12,346,000Source | 20,916,000Source | 10,203,000Source | 16,546,000Source | 22,180,000Source | 11,447,000Source | 16,592,000Source | 23,862,000Source | 10,437,000Source | 17,546,000Source | 25,259,000Source | 24,188,000Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 9,447,000Source | 8,515,000Source | — | 9,486,000Source | 9,439,000Source | 9,057,000Source | 9,140,000Source | 11,278,000Source | 10,293,000Source | 8,560,000Source | 10,214,000Source | 5,950,000Source |
| Operating Lease, Liability, CurrentUSD | 840,000Source | 1,322,000Source | 76,000Source | 1,116,000Source | 1,260,000Source | 197,000Source | 1,339,000Source | 1,197,000Source | 475,000Source | 1,382,000Source | 1,124,000Source | 268,000Source |
| Accounts Payable, CurrentUSD | 1,507,000Source | 346,000Source | 2,465,000Source | 858,000Source | 597,000Source | 2,617,000Source | 709,000Source | 1,194,000Source | 2,506,000Source | 408,000Source | 1,762,000Source | 230,000Source |
| Operating Lease, Liability, NoncurrentUSD | — | 840,000Source | — | 76,000Source | 1,193,000Source | — | 197,000Source | 1,537,000Source | — | 474,000Source | 1,856,000Source | — |
| Additional Financial Items | ||||||||||||
| Deferred Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | 39,000Source | 509,000Source | 395,000Source | 190,000Source |
| Long-term DebtUSD | — | — | — | — | — | — | — | — | — | — | 64,000Source | 268,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | 17,000Source | 25,000Source | 16,000Source | 17,000Source | 16,000Source | 17,000Source | 67,000Source | 167,000Source | 387,000Source | 507,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | — | — | — | — | — | 515,000Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | 1,181,000Source | -466,000Source | -1,823,000Source | 477,000Source | -554,000Source | -2,013,000Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | 122,000Source | 241,000Source | -1,501,000Source | -2,729,000Source | 1,512,000Source | 6,443,000Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | 111,000Source | 309,000Source | 1,521,000Source | -1,354,000Source | 1,532,000Source | -98,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -2,191,000Source | -584,000Source | -1,061,000Source | -536,000Source | -3,430,000Source | -6,507,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | — | — | — | -19,000Source | -194,000Source | -25,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | — | — | — | 19,000Source | 194,000Source | 25,000Source |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 2,018,000Source | 154,000Source | 763,000Source | 504,000Source | 3,962,000Source | 1,642,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -173,000Source | -430,000Source | -298,000Source | -51,000Source | 338,000Source | -4,890,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 169,000Source | 188,000Source | 670,000Source | — | — | — |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | 540,000Source | 585,000Source | 441,000Source | 501,000Source | 514,000Source | 577,000Source | 2,152,000Source | 2,385,000Source | — | — |
| DepreciationUSD | — | — | 16,000Source | 23,000Source | 15,000Source | 16,000Source | 15,000Source | 16,000Source | 65,000Source | 160,000Source | 374,000Source | 489,000Source |
| General and Administrative ExpenseUSD | — | — | 807,000Source | 960,000Source | 1,080,000Source | 710,000Source | 783,000Source | 1,001,000Source | 3,359,000Source | 3,908,000Source | 4,291,000Source | 4,727,000Source |
| InterestExpenseNonoperatingUSD | — | — | 208,000Source | 153,000Source | 447,000Source | 171,000Source | 202,000Source | 164,000Source | 720,000Source | 649,000Source | — | — |
| Inventory Write-downUSD | — | — | 1,967,000Source | 0Source | 0Source | 0Source | 0Source | 0Source | 1,967,000Source | 900,000Source | 450,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | -4,085,000Source | 13,000Source | -1,831,000Source | -271,000Source | -178,000Source | -1,265,000Source | -9,133,000Source | -4,677,000Source | -6,548,000Source | -5,584,000Source |
| Nonoperating Income (Expense)USD | — | — | -208,000Source | -27,000Source | -160,000Source | -161,000Source | -202,000Source | -164,000Source | -710,000Source | -302,000Source | -558,000Source | -51,000Source |
| Operating ExpensesUSD | — | — | 1,617,000Source | 1,384,000Source | 1,334,000Source | 1,040,000Source | 1,111,000Source | 1,421,000Source | 5,267,000Source | 5,689,000Source | 6,685,000Source | 7,658,000Source |
| Other Nonoperating Income (Expense)USD | — | — | -208,000Source | -28,000Source | — | -161,000Source | — | — | 10,000Source | 126,000Source | 1,000Source | 7,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | 2,424,000Source | — | 757,000Source | — | 1,556,000Source | — |
| Depreciation, Depletion and Amortization, Nonproduction | — | — | — | — | — | — | —Source | —Source | — | — | — | — |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | —Source | — | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 1,273,000Source | 4,914,000Source | 1,019,000Source | 2,708,000Source | 1,728,000Source | 1,723,000Source | 6,304,000Source | 13,970,000Source | 15,293,000Source | 16,056,000Source |
| Cost of RevenueUSD | — | — | 3,533,000Source | 3,490,000Source | 1,356,000Source | 1,778,000Source | 593,000Source | 1,403,000Source | 9,460,000Source | 12,656,000Source | 14,598,000Source | 13,931,000Source |
| Operating Income (Loss)USD | — | — | -3,877,000Source | 40,000Source | -1,671,000Source | -110,000Source | 24,000Source | -1,101,000Source | -8,423,000Source | -4,375,000Source | -5,990,000Source | -5,533,000Source |
| Other Nonoperating Income (Expense)USD | — | — | -208,000Source | -28,000Source | — | -161,000Source | — | — | 10,000Source | 126,000Source | 1,000Source | 7,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -4,085,000Source | 13,000Source | -1,831,000Source | -271,000Source | -178,000Source | -1,265,000Source | -9,133,000Source | -4,677,000Source | -6,548,000Source | -5,584,000Source |
| Earnings Per Share, BasicUSD per share | — | — | -1.63Source | 0.01Source | -0.49Source | -0.11Source | -0.05Source | -0.5Source | -3.59Source | -1.86Source | -0.49Source | -0.43Source |
| Earnings Per Share, DilutedUSD per share | — | — | -1.63Source | 0.01Source | -0.49Source | -0.11Source | -0.05Source | -0.5Source | -3.59Source | -1.86Source | -0.49Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 2,511,532Source | 2,508,802Source | 3,721,209Source | 2,511,103Source | 3,477,937Source | 2,510,669Source | 2,540,666Source | 2,508,853Source | 13,291,575Source | 12,878,350Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 2,511,532Source | 2,508,802Source | 3,721,209Source | 2,511,103Source | 3,477,937Source | 2,510,669Source | 2,540,666Source | 2,508,853Source | 13,291,575Source | — |
| Interest Expense (non-operating)USD | — | — | 208,000Source | 153,000Source | 447,000Source | 171,000Source | 202,000Source | 164,000Source | 720,000Source | 649,000Source | — | — |
| Additional Financial Items | ||||||||||||
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | — | — | — | — | 16,000Source | 17,000Source | 67,000Source | 167,000Source | 387,000Source | 507,000Source |
| General and Administrative ExpenseUSD | — | — | 807,000Source | 960,000Source | 1,080,000Source | 710,000Source | 783,000Source | 1,001,000Source | 3,359,000Source | 3,908,000Source | 4,291,000Source | 4,727,000Source |
| Gross ProfitUSD | — | — | -2,260,000Source | 1,424,000Source | -337,000Source | 930,000Source | 1,135,000Source | 320,000Source | -3,156,000Source | 1,314,000Source | 695,000Source | 2,125,000Source |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 559,000Source | 58,000Source |
| Interest Income, OtherUSD | — | — | — | 126,000Source | — | — | — | — | — | 221,000Source | — | — |
| Nonoperating Income (Expense)USD | — | — | -208,000Source | -27,000Source | -160,000Source | -161,000Source | -202,000Source | -164,000Source | -710,000Source | -302,000Source | -558,000Source | -51,000Source |
| Operating ExpensesUSD | — | — | 1,617,000Source | 1,384,000Source | 1,334,000Source | 1,040,000Source | 1,111,000Source | 1,421,000Source | 5,267,000Source | 5,689,000Source | 6,685,000Source | 7,658,000Source |
| Other ExpensesUSD | — | — | 875,000Source | 568,000Source | 160,000Source | 161,000Source | 202,000Source | 165,000Source | 2,183,000Source | 2,156,000Source | — | — |
| Research and Development ExpenseUSD | — | — | 157,000Source | 172,000Source | 128,000Source | 146,000Source | 169,000Source | 160,000Source | 646,000Source | 771,000Source | 1,222,000Source | 1,460,000Source |
| Selling and Marketing ExpenseUSD | — | — | 198,000Source | 252,000Source | 126,000Source | 184,000Source | 159,000Source | 260,000Source | 807,000Source | 1,010,000Source | 1,172,000Source | 1,471,000Source |
| Other Cost and Expense, Operating | — | — | — | — | —Source | —Source | —Source | —Source | — | — | — | — |
Offerings
Registration 333-298541
Registration 333-297749
Filing attachments
ex99-1.htm · 8-K · 2026-11-04
Exhibit 99.1 FOR IMMEDIATE RELEASE Polar Power Receives Nasdaq Confirmation of Stockholders’ Equity Compliance; Advances Next Phase of Restructuring Following $1.03 million in completed annualized cost reductions, Polar targets approximately $2 million in total annualized savings, inclusive of Phase 1 of its Restructuring, while positioning operations to support scalable revenue growth GARDENA, Calif., November 4, 2026 - Polar Power, Inc. (NASDAQ: POLA) (the “Company” and “Polar”), a provide…
Read attachment ↗ex99-1.htm · 8-K · 2026-10-13
Exhibit 99.1 POLAR POWER ANNOUNCES MANAGEMENT RESTRUCTURING WITH NEW CEO ALIGNMENT GARDENA, Calif., Oct. 12, 2026 (GLOBE NEWSWIRE) - Polar Power, Inc. (NASDAQ: POLA) (the “Company” or “Polar Power”), a global provider of prime, backup and solar hybrid power solutions, today announced a new management structure for office of the CEO. The Company will now operate with the public company and market facing responsibilities being assigned to Chris Mayer as Co-CEO. Arthur Sams will remain with the C…
Read attachment ↗ex99-1.htm · 8-K · 2026-09-29
Exhibit 99.1 Polar Power Receives Trial Order for 50 Propane-Fueled DC Generators from Major Southeast Asian Telecom Operator Initial order potential first step to a multi-year deployment program. GARDENA, Calif. - September 29, 2026 - Polar Power, Inc. (Nasdaq: POLA) (“Polar” or the “Company”), a designer and manufacturer of high-efficiency DC power systems for telecom and other mission-critical applications, today announced it has received a trial order for 50 propane-fueled DC generators f…
Read attachment ↗ex99-1.htm · 8-K · 2026-09-28
Exhibit 99.1 Polar Power CEO Arthur Sams Converts $614,700 of Debt Into Preferred Equity, Strengthening Balance Sheet GARDENA, Calif., Sept. 24, 2026. Polar Power, Inc. (NASDAQ: POLA) today announced that Arthur D. Sams, the Company’s Founder, President and Chief Executive Officer, has agreed to convert $614,700 of debt owed to him by the Company into 683 Series A Convertible Preferred shares of Polar Power. The conversion eliminates $614,700 of debt from the Company’s balance sheet, increase…
Read attachment ↗ex107.htm · S-1/A · 2026-09-14
Calculation of Filing Fee Tables S-1 Polar Power, Inc. ──────────────────────────────────── Table 1: Newly Registered and Carry Forward Securities ☐Not Applicable ─────────────────────────────────────────────────────────────────────────────── Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Pr…
Read attachment ↗ex107.htm · S-1 · 2026-08-24
Calculation of Filing Fee Tables S-1 Polar Power, Inc. ──────────────────────────────────── Table 1: Newly Registered and Carry Forward Securities ☐Not Applicable ─────────────────────────────────────────────────────────────────────────────── Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Pr…
Read attachment ↗