Polar Power, Inc. financial data

Symbol
POLA on Nasdaq
Location
Gardena, CA
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 19 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 157% % -24%
Quick Ratio 136% % -15%
Debt-to-equity 146% % 54%
Return On Equity -135% % -235%
Return On Assets -55% % -165%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2,658,676 shares
Common Stock, Shares, Outstanding 2,511,532 shares -86%
Entity Public Float $4,752,158 USD -50%
Common Stock, Value, Issued $2,000 USD 0%
Weighted Average Number of Shares Outstanding, Basic 2,511,532 shares 0.11%
Weighted Average Number of Shares Outstanding, Diluted 2,511,532 shares 0.11%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $8,325,000 USD -44%
Research and Development Expense $647,000 USD -22%
Selling and Marketing Expense $905,000 USD -9.7%
General and Administrative Expense $3,427,000 USD -15%
Operating Income (Loss) $7,984,000 USD -79%
Nonoperating Income (Expense) $686,000 USD -107%
Net Income (Loss) Attributable to Parent $8,670,000 USD -81%
Earnings Per Share, Basic -3 USD/shares 9.7%
Earnings Per Share, Diluted -3 USD/shares 9.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $4,000 USD -99%
Accounts Receivable, after Allowance for Credit Loss, Current $856,000 USD -71%
Inventory, Net $10,892,000 USD -28%
Assets, Current $11,822,000 USD -37%
Property, Plant and Equipment, Net $144,000 USD -34%
Operating Lease, Right-of-Use Asset $380,000 USD -80%
Assets $12,346,000 USD -41%
Accounts Payable, Current $1,507,000 USD 336%
Liabilities, Current $9,447,000 USD 11%
Operating Lease, Liability, Noncurrent $76,000 USD -94%
Liabilities $9,447,000 USD 0.98%
Retained Earnings (Accumulated Deficit) $35,957,000 USD -32%
Stockholders' Equity Attributable to Parent $2,899,000 USD -75%
Liabilities and Equity $12,346,000 USD -41%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $584,000 USD 41%
Net Cash Provided by (Used in) Financing Activities $154,000 USD -76%
Common Stock, Shares Authorized 50,000,000 shares 0%
Common Stock, Shares, Issued 2,514,029 shares -86%
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 $430,000 USD -28%
Interest Paid, Excluding Capitalized Interest, Operating Activities $188,000 USD -6.9%
Deferred Tax Assets, Valuation Allowance $8,250,000 USD 22%
Deferred Tax Assets, Gross $8,759,000 USD 23%
Operating Lease, Liability $840,000 USD -61%
Depreciation $69,000 USD -65%
Lessee, Operating Lease, Liability, to be Paid $871,000 USD -62%
Property, Plant and Equipment, Gross $4,512,000 USD 0%
Operating Lease, Liability, Current $840,000 USD -36%
Lessee, Operating Lease, Liability, to be Paid, Year Two $496,000 USD -66%
Lessee, Operating Lease, Liability, to be Paid, Year One $496,000 USD -66%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $31,000 USD -72%
Deferred Tax Assets, Operating Loss Carryforwards $6,233,000 USD 23%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5,000,000 shares 0%
Additional Paid in Capital $38,896,000 USD 0.03%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization $72,000 USD -68%
Deferred Tax Assets, Net of Valuation Allowance $509,000 USD 29%
Share-based Payment Arrangement, Expense $2,145,000 USD -7.7%
Interest Expense $644,000 USD 424%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%