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 - Q3 2025 - Nov 19, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 157 % -23.6%
Quick Ratio 136 % -15.4%
Debt-to-equity 146 % +53.8%
Return On Equity -135 % -235%
Return On Assets -55 % -165%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2.66M shares
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 +0.11%
Weighted Average Number of Shares Outstanding, Diluted 2.51M shares +0.11%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 8.33M USD -44.3%
Research and Development Expense 647K USD -21.7%
Selling and Marketing Expense 905K USD -9.68%
General and Administrative Expense 3.43M USD -15.4%
Operating Income (Loss) -7.98M USD -79.4%
Nonoperating Income (Expense) -686K USD -107%
Net Income (Loss) Attributable to Parent -8.67M USD -81.3%
Earnings Per Share, Basic -3 USD/shares +9.66%
Earnings Per Share, Diluted -3 USD/shares +9.66%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4K USD -99.2%
Accounts Receivable, after Allowance for Credit Loss, Current 856K USD -71%
Inventory, Net 10.9M USD -27.5%
Assets, Current 11.8M USD -36.6%
Property, Plant and Equipment, Net 144K USD -33.6%
Operating Lease, Right-of-Use Asset 380K USD -80.5%
Assets 12.3M USD -41%
Accounts Payable, Current 1.51M USD +336%
Liabilities, Current 9.45M USD +10.9%
Operating Lease, Liability, Noncurrent 76K USD -93.6%
Liabilities 9.45M USD +0.98%
Retained Earnings (Accumulated Deficit) -36M USD -31.8%
Stockholders' Equity Attributable to Parent 2.9M USD -74.9%
Liabilities and Equity 12.3M USD -41%

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 840K USD -61.1%
Depreciation 69K USD -64.8%
Lessee, Operating Lease, Liability, to be Paid 871K USD -61.7%
Property, Plant and Equipment, Gross 4.51M USD 0%
Operating Lease, Liability, Current 840K USD -36.5%
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 31K USD -72.3%
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 72K USD -68%
Deferred Tax Assets, Net of Valuation Allowance 509K USD +28.9%
Share-based Payment Arrangement, Expense 2.15M USD -7.69%
Interest Expense 644K USD +424%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%