Polar Power, Inc. financial data

Symbol
POLA on Nasdaq
Location
249 E. Gardena Boulevard, Gardena, CA
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2025 - Aug 14, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 181 % -12.4%
Quick Ratio 151 % -5.2%
Debt-to-equity 109 % +11.9%
Return On Equity -53.3 % -1.49%
Return On Assets -25.5 % +4.13%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2.51M shares -85.7%
Common Stock, Shares, Outstanding 2.51M shares -85.7%
Entity Public Float 4.75M USD -50.3%
Common Stock, Value, Issued 2K USD 0%
Weighted Average Number of Shares Outstanding, Basic 2.51M shares +0.09%
Weighted Average Number of Shares Outstanding, Diluted 2.51M shares +0.09%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 12M USD +0.13%
Research and Development Expense 662K USD -30.5%
Selling and Marketing Expense 959K USD -6.35%
General and Administrative Expense 3.58M USD -12.3%
Operating Income (Loss) -4.07M USD +34%
Nonoperating Income (Expense) -505K USD -6.09%
Net Income (Loss) Attributable to Parent -4.57M USD +31.1%
Earnings Per Share, Basic -1 USD/shares +54.3%
Earnings Per Share, Diluted -1 USD/shares +54.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 175K USD -84.4%
Accounts Receivable, after Allowance for Credit Loss, Current 2.03M USD -12.1%
Inventory, Net 13M USD -17.6%
Assets, Current 15.2M USD -22.2%
Property, Plant and Equipment, Net 160K USD -33.6%
Operating Lease, Right-of-Use Asset 1.04M USD -53.7%
Assets 16.5M USD -25.4%
Accounts Payable, Current 858K USD +43.7%
Liabilities, Current 9.49M USD +0.5%
Operating Lease, Liability, Noncurrent 76K USD -93.6%
Liabilities 9.56M USD -10.1%
Retained Earnings (Accumulated Deficit) -31.9M USD -16.7%
Stockholders' Equity Attributable to Parent 6.98M USD -39.5%
Liabilities and Equity 16.5M USD -25.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -584K USD +41%
Net Cash Provided by (Used in) Financing Activities 154K USD -76.4%
Common Stock, Shares Authorized 50M shares 0%
Common Stock, Shares, Issued 2.51M shares -85.7%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -430K USD -27.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 188K USD -6.93%
Deferred Tax Assets, Valuation Allowance 8.25M USD +22.5%
Deferred Tax Assets, Gross 8.76M USD +22.8%
Operating Lease, Liability 1.19M USD -51.4%
Depreciation 76K USD -69.8%
Lessee, Operating Lease, Liability, to be Paid 1.24M USD -52.3%
Property, Plant and Equipment, Gross 4.51M USD 0%
Operating Lease, Liability, Current 1.12M USD -11.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 496K USD -65.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 496K USD -65.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 46K USD -67.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 496K USD
Deferred Tax Assets, Operating Loss Carryforwards 6.23M USD +23.1%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Operating Lease, Payments 1.3M USD
Additional Paid in Capital 38.9M USD +0.03%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 80K USD -71.6%
Deferred Tax Assets, Net of Valuation Allowance 509K USD +28.9%
Share-based Payment Arrangement, Expense 501K USD -19.5%
Interest Expense 644K USD +424%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%