Polar Power Inc.

NASDAQ: POLA · Real-Time Price · USD
1.91
0.08 (4.35%)
At close: Aug 15, 2025, 1:05 PM

Polar Power Income Statement

Financials in USD. Fiscal year is January - December.
Fiscal Year FY 2024 FY 2023 FY 2022 FY 2021
Period Ending Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue
13.97M 15.29M 16.06M 16.9M
Cost of Revenue
12.66M 14.6M 13.93M 13.45M
Gross Profit
1.31M 695K 2.13M 3.44M
Operating Income
-4.38M -5.99M -5.53M -3.1M
Interest Income
221K n/a n/a n/a
Pretax Income
-4.68M -6.55M -5.58M -1.41M
Net Income
-4.68M -6.55M -5.58M -3.22M
Selling & General & Admin
4.92M 5.46M 6.2M 4.56M
Research & Development
771K 1.22M 1.46M 1.99M
Other Expenses
n/a n/a 7K n/a
Operating Expenses
5.69M 6.68M 7.66M 6.54M
Interest Expense
649K 559K 58K 60K
Selling & Marketing Expenses
1.01M 1.17M 1.47M 1.49M
Cost & Expenses
18.34M 21.28M 21.59M 19.99M
Income Tax Expense
n/a n/a -7K 1.8M
Shares Outstanding (Basic)
2.51M 13.12M 12.88M 12.72M
Shares Outstanding (Diluted)
2.51M 13.12M 12.88M 12.72M
EPS (Basic)
-1.86 -0.5 -0.43 -0.25
EPS (Diluted)
-1.86 -0.5 -0.43 -0.25
EBITDA
-3.86M -5.6M -5.02M -805K
EBIT
-4.03M -5.99M -5.53M -1.35M
Depreciation & Amortization
167K 387K 507K 549K