Stocktoria
Polar Power, Inc. POLA
Nasdaq · XNAS · stock · Miscellaneous Electrical Machinery, Equipment & Supplies · website · IPO 2016-12-07
Polar Power, Inc. financials (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $6.3M | $14.0M | $15.3M | $16.1M | $16.9M |
| Gross profit | -$3.2M | $1.3M | $695,000 | $2.1M | $3.4M |
| R&D expense | $646,000 | $771,000 | $1.2M | $1.5M | $2.0M |
| Operating income | -$8.4M | -$4.4M | -$6.0M | -$5.5M | -$3.1M |
| Interest expense | — | — | $559,000 | $58,000 | $60,000 |
| Net income | -$9.1M | -$4.7M | -$6.5M | -$5.6M | -$1.4M |
| EPS (diluted) | $-3.59 | $-1.86 | $-3.45 | $-0.43 | — |
| Operating cash flow | -$1.1M | -$536,000 | -$3.4M | -$6.5M | -$9.4M |
| Free cash flow | — | -$555,000 | -$3.6M | -$6.5M | -$9.5M |
| Cash & equivalents | $200,000 | $498,000 | $549,000 | $211,000 | $5.1M |
| Inventory | $9.4M | $12.9M | $16.5M | $15.5M | $9.0M |
| Total assets | $10.4M | $17.5M | $25.3M | $24.2M | $27.2M |
| Total liabilities | $10.3M | $9.0M | $12.1M | $6.0M | $3.9M |
| Shareholders' equity | $144,000 | $8.5M | $13.2M | $18.2M | $23.2M |
Source: SEC EDGAR filings · CIK 0001622345 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.