Polar Power Inc.

NASDAQ: POLA · Real-Time Price · USD
2.01
0.18 (9.81%)
At close: Aug 15, 2025, 3:59 PM

Polar Power Income Statement

Financials in USD. Fiscal year is January - December.
Fiscal Year Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022 Q2 2022 Q1 2022 Q4 2021 Q3 2021 Q2 2021 Q1 2021
Period Ending Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Revenue
13.92M 13.97M 14.95M 11.95M 12.88M 15.29M 18.05M 17.85M 16.54M 16.06M 14.31M 16.74M 17.32M 16.9M 14.82M 13.18M 9.46M
Cost of Revenue
11.88M 12.66M 13.53M 12.06M 13.35M 14.6M 15.53M 15.46M 14.56M 13.93M 11.02M 12.24M 12.91M 13.45M 14.99M 17.02M 14.98M
Gross Profit
2.04M 1.31M 1.42M -110K -467K 693K 2.53M 2.39M 1.98M 2.13M 3.29M 4.5M 4.41M 3.44M -178K -3.84M -5.52M
Operating Income
-3.5M -4.38M -4.45M -6.16M -6.93M -5.99M -4.34M -5.05M -5.46M -5.53M -3.78M -2.17M -2.31M -3.1M -7.16M -11.11M -12.54M
Interest Income
221K 221K 220K 220K n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
Pretax Income
-3.8M -4.68M -4.78M -6.64M -7.58M -6.55M -4.74M -5.27M -5.58M -5.58M -3.83M -504K -631K -1.41M -5.48M -11.14M -12.57M
Net Income
-3.8M -4.68M -4.78M -6.64M -7.58M -6.7M -4.94M -5.48M -5.8M -5.66M -3.86M -531K -644K -1.41M -5.48M -11.14M -12.57M
Selling & General & Admin
4.82M 4.92M 5.05M 5.1M 5.37M 5.46M 5.57M 6.12M 6.11M 6.2M 5.42M 4.81M 4.74M 4.56M 5.08M 5.41M 5.26M
Research & Development
712K 772K 826K 953K 1.1M 1.22M 1.3M 1.32M 1.33M 1.46M 1.65M 1.86M 1.97M 1.99M 1.9M 1.86M 1.76M
Other Expenses
n/a n/a n/a n/a n/a n/a n/a 7K 7K 7K 7K n/a 14K 25K 25K 26K 23K
Operating Expenses
5.53M 5.69M 5.88M 6.06M 6.47M 6.68M 6.87M 7.43M 7.44M 7.66M 7.07M 6.67M 6.71M 6.54M 6.98M 7.27M 7.02M
Interest Expense
321K 648K 679K 697K 644K 559K 394K 235K 123K 58K 53K 55K 56K 59K 47K 44K 43K
Selling & Marketing Expenses
1.04M 1.01M 1M 1.02M 1.07M 1.17M 1.25M 1.31M 1.4M 1.47M 1.5M 1.55M 1.52M 1.49M 1.38M 1.45M 1.39M
Cost & Expenses
19.59M 18.34M 17.23M 13.92M 15.62M 19.26M 20.38M 22.9M 22M 21.59M 18.09M 18.91M 19.62M 19.99M 21.98M 24.29M 22M
Income Tax Expense
n/a n/a n/a n/a n/a 156K 202K 207K 221K 78K 32K 27K 13K n/a n/a 12K 12K
Shares Outstanding (Basic)
2.51M 2.51M 2.51M 7.9M 7.9M 13.29M 12.95M 12.95M 12.95M 12.95M 12.53M 12.32M 12.79M 12.79M 12.79M 12.79M 12.51M
Shares Outstanding (Diluted)
2.51M 2.51M 2.51M 7.9M 7.9M 13.29M 12.95M 12.95M 12.95M 12.95M 12.85M 12.79M 12.79M 12.81M 12.81M 12.79M 12.51M
EPS (Basic)
-1.65 -1.42 -0.44 -0.59 -0.68 -0.51 -0.38 -0.43 -0.46 -0.45 -0.31 -0.05 -0.06 -0.12 -0.47 -0.96 -1.12
EPS (Diluted)
-1.65 -1.42 -0.44 -0.59 -0.68 -0.51 -0.38 -0.43 -0.46 -0.45 -0.31 -0.05 -0.06 -0.12 -0.47 -0.96 -1.12
EBITDA
-3.27M -4.08M -4.1M -5.88M -6.6M -5.6M -3.91M -4.57M -4.96M -5.02M -3.39M 112K -143K -747K -4.5M -10.15M -11.27M
EBIT
-2.27M -4.25M -4.32M -6.16M -6.93M -5.99M -4.34M -5.04M -5.45M -5.53M -3.77M -449K -575K -1.35M -5.43M -11.1M -12.53M
Depreciation & Amortization
101K 167K 224K 281K 336K 386K 428K 470K 489K 674K 683K 856K 1.02M 1.03M 1.22M 1.23M 1.25M