POLA
Polar Power, Inc.
Price Chart
Latest Quote
$1.79
+0.07 (+4.07%)
Current Price
| Previous Close | $1.72 |
| Open | $1.70 |
| Day High | $1.80 |
| Day Low | $1.68 |
| Volume | 56,806 |
Stock Information
| Shares Outstanding | 3.64M |
| Total Debt | $4.88M |
| Cash Equivalents | $27K |
| Revenue | $6.31M |
| Net Income | $-8.05M |
| Sector | Industrials |
| Industry | Electrical Equipment & Parts |
| Market Cap | $6.52M |
| EPS (TTM) | $-3.16 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $11.37M |
| Sales | $6.31M |
| Income | $-8.05M |
| Book/sh | $0.66 |
| Cash/sh | $0.01 |
| Employees | 67 |
Financial Ratios
| Quick Ratio | 0.17 |
| Current Ratio | 1.23 |
| Debt/Eq | 204.06 |
Returns & Margins
| ROA | -30.51% |
| ROE | -166.84% |
| Gross Margin | -37.11% |
| Operating Margin | 1.39% |
| Profit Margin | -127.53% |
Ownership
| Insider Ownership | 22.25% |
| Institutional Ownership | 2.33% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | -8.14 |
| P/S | 1.03 |
| P/B | 2.72 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $1.92 |
| SMA50 | $1.84 |
| SMA200 | $2.28 |
| RSI | 36.08 |
| ATR | 0.1714 |
| Shares Float | 2.83M |
| Short Float | 5.29% |
| Short Ratio | 0.81 |
| Volatility | 1.17 |
| Rel Volume | 0.45 |
Performance History
| Week | +5.29% |
| Month | +2.87% |
| Quarter | -1.65% |
| 6 Months | -13.11% |
| YTD | +0.00% |
| Year | +6.55% |
| 3 Years | -81.73% |
| 5 Years | -97.57% |
| 10 Years | -97.16% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $1.79 | 56,800 |
| 2026-06-17 | $1.72 | 104,100 |
| 2026-06-16 | $1.77 | 47,200 |
| 2026-06-15 | $1.79 | 68,100 |
| 2026-06-12 | $1.81 | 117,100 |
| 2026-06-11 | $1.70 | 64,200 |
| 2026-06-10 | $1.69 | 26,900 |
| 2026-06-09 | $1.76 | 76,900 |
| 2026-06-08 | $1.81 | 86,900 |
| 2026-06-05 | $1.88 | 182,500 |
| 2026-06-04 | $2.16 | 156,100 |
| 2026-06-03 | $2.06 | 137,500 |
| 2026-06-02 | $2.08 | 119,800 |
| 2026-06-01 | $2.02 | 143,000 |
| 2026-05-29 | $2.06 | 71,100 |
| 2026-05-28 | $2.06 | 176,300 |
| 2026-05-27 | $1.98 | 137,100 |
| 2026-05-26 | $2.10 | 230,300 |
| 2026-05-22 | $2.06 | 198,300 |
| 2026-05-21 | $2.05 | 317,300 |
| 2026-05-20 | $1.87 | 187,300 |
| 2026-05-19 | $1.74 | 226,400 |
About Polar Power, Inc.
Polar Power, Inc. designs, manufactures, and sells direct current (DC) power generators, renewable energy, and cooling systems in the United States, Canada, Australia, the South Pacific Islands, Asia, Europe, the Middle East, the United Kingdom, and South Africa. The company offers DC base power systems, DC hybrid power systems, and DC solar hybrid power systems; and mobile power systems. It also provides global network management, aftermarket and service parts, and product and warranty services. The company serves telecommunications, military, commercial, industrial, and marine markets. It sells its products through a direct sales force, and independent service providers and dealers. The company was formerly known as Polar Products, Inc. and changed its name to Polar Power, Inc. in October 1991. Polar Power, Inc. was incorporated in 1979 and is based in Gardena, California.
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $9,460,000 | $12,656,000 | $14,598,000 | $13,931,000 |
| Cost Of Revenue | $9,460,000 | $12,656,000 | $14,598,000 | $13,931,000 |
| Total Revenue | $6,304,000 | $13,970,000 | $15,293,000 | $16,056,000 |
| Operating Revenue | $6,304,000 | $13,970,000 | $15,293,000 | $16,056,000 |
| Expenses | ||||
| Interest Expense | $720,000 | $649,000 | $559,000 | $58,000 |
| Total Expenses | $14,272,000 | $18,345,000 | $21,283,000 | $21,589,000 |
| Other Income Expense | $-445,000 | $126,000 | $1,000 | $7,000 |
| Other Non Operating Income Expenses | $10,000 | $126,000 | $1,000 | $7,000 |
| Net Non Operating Interest Income Expense | $-720,000 | $-428,000 | $-559,000 | $-58,000 |
| Interest Expense Non Operating | $720,000 | $649,000 | $559,000 | $58,000 |
| Operating Expense | $4,812,000 | $5,689,000 | $6,685,000 | $7,658,000 |
| Selling And Marketing Expense | $807,000 | $1,010,000 | $1,172,000 | $1,471,000 |
| General And Administrative Expense | $3,359,000 | $3,908,000 | $4,291,000 | $4,727,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-9,133,000 | $-4,677,000 | $-6,548,000 | $-5,584,000 |
| Net Interest Income | $-720,000 | $-428,000 | $-559,000 | $-58,000 |
| Interest Income | $0 | $221,000 | $0 | - |
| Normalized Income | $-8,678,000 | $-4,677,000 | $-6,548,000 | $-5,584,000 |
| Net Income From Continuing And Discontinued Operation | $-9,133,000 | $-4,677,000 | $-6,548,000 | $-5,584,000 |
| Total Operating Income As Reported | $-8,423,000 | $-4,375,000 | $-5,990,000 | $-5,533,000 |
| Net Income Common Stockholders | $-9,133,000 | $-4,677,000 | $-6,548,000 | $-5,584,000 |
| Net Income | $-9,133,000 | $-4,677,000 | $-6,548,000 | $-5,584,000 |
| Net Income Including Noncontrolling Interests | $-9,133,000 | $-4,677,000 | $-6,548,000 | $-5,584,000 |
| Net Income Continuous Operations | $-9,133,000 | $-4,677,000 | $-6,548,000 | $-5,584,000 |
| Pretax Income | $-9,133,000 | $-4,677,000 | $-6,548,000 | $-5,584,000 |
| Special Income Charges | $-455,000 | $0 | - | - |
| Interest Income Non Operating | $0 | $221,000 | $0 | - |
| Operating Income | $-7,968,000 | $-4,375,000 | $-5,990,000 | $-5,533,000 |
| Gross Profit | $-3,156,000 | $1,314,000 | $695,000 | $2,125,000 |
| Per Share | ||||
| Diluted EPS | $-3.59 | $-1.86 | $-3.45 | $-3.01 |
| Basic EPS | $-3.59 | $-1.86 | $-3.45 | $-3.01 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-7,891,000 | $-3,861,000 | $-5,602,000 | $-5,019,000 |
| Total Unusual Items | $-455,000 | $0 | - | - |
| Total Unusual Items Excluding Goodwill | $-455,000 | $0 | - | - |
| Reconciled Depreciation | $67,000 | $167,000 | $387,000 | $507,000 |
| EBITDA (Bullshit earnings) | $-8,346,000 | $-3,861,000 | $-5,602,000 | $-5,019,000 |
| EBIT | $-8,413,000 | $-4,028,000 | $-5,989,000 | $-5,526,000 |
| Diluted Average Shares | $2,540,666 | $2,508,853 | $1,898,800 | $1,839,764 |
| Basic Average Shares | $2,540,666 | $2,508,853 | $1,898,800 | $1,839,764 |
| Diluted NI Availto Com Stockholders | $-9,133,000 | $-4,677,000 | $-6,548,000 | $-5,584,000 |
| Impairment Of Capital Assets | $455,000 | $0 | - | - |
| Research And Development | $646,000 | $771,000 | $1,222,000 | $1,460,000 |
| Selling General And Administration | $4,166,000 | $4,918,000 | $5,463,000 | $6,198,000 |
| Other Gand A | $3,359,000 | $3,908,000 | $4,291,000 | $4,727,000 |
| Tax Provision | - | - | - | - |
Fetched: 2026-06-22
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $144,000 | $8,512,000 | $13,189,000 | $18,181,000 |
| Total Assets | $10,437,000 | $17,546,000 | $25,259,000 | $24,188,000 |
| Total Non Current Assets | $406,000 | $1,949,000 | $3,270,000 | $871,000 |
| Non Current Prepaid Assets | $0 | $108,000 | $108,000 | $93,000 |
| Current Assets | $10,031,000 | $15,597,000 | $21,989,000 | $23,317,000 |
| Prepaid Assets | $76,000 | $53,000 | $455,000 | $2,629,000 |
| Inventory | $9,425,000 | $12,893,000 | $16,522,000 | $15,460,000 |
| Receivables | $330,000 | $2,153,000 | $4,463,000 | $5,017,000 |
| Accounts Receivable | $330,000 | $2,153,000 | $1,676,000 | $2,230,000 |
| Cash Cash Equivalents And Short Term Investments | $200,000 | $498,000 | $549,000 | $211,000 |
| Cash And Cash Equivalents | $200,000 | $498,000 | $549,000 | $211,000 |
| Taxes Receivable | - | $0 | $787,000 | $787,000 |
| Cash Financial | - | $498,000 | $549,000 | $211,000 |
| Other Receivables | - | - | $2,000,000 | $2,000,000 |
| Debt | ||||
| Net Debt | $4,886,000 | $4,565,000 | $4,010,000 | $1,941,000 |
| Total Debt | $5,561,000 | $6,919,000 | $7,539,000 | $2,420,000 |
| Long Term Debt And Capital Lease Obligation | $0 | $474,000 | $1,856,000 | $57,000 |
| Current Debt And Capital Lease Obligation | $5,561,000 | $6,445,000 | $5,683,000 | $2,363,000 |
| Current Debt | $5,086,000 | $5,063,000 | $4,559,000 | $2,095,000 |
| Other Current Borrowings | - | - | $64,000 | $211,000 |
| Long Term Debt | - | - | - | $57,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $10,293,000 | $9,034,000 | $12,070,000 | $6,007,000 |
| Total Non Current Liabilities Net Minority Interest | $0 | $474,000 | $1,856,000 | $57,000 |
| Current Liabilities | $10,293,000 | $8,560,000 | $10,214,000 | $5,950,000 |
| Current Deferred Liabilities | $764,000 | $607,000 | $1,618,000 | $2,126,000 |
| Current Notes Payable | $1,050,000 | $266,000 | $321,000 | $211,000 |
| Payables And Accrued Expenses | $3,968,000 | $1,508,000 | $2,913,000 | $1,461,000 |
| Payables | $2,506,000 | $408,000 | $1,762,000 | $230,000 |
| Accounts Payable | $2,506,000 | $408,000 | $1,762,000 | $230,000 |
| Equity | ||||
| Common Stock Equity | $144,000 | $8,512,000 | $13,189,000 | $18,181,000 |
| Total Equity Gross Minority Interest | $144,000 | $8,512,000 | $13,189,000 | $18,181,000 |
| Stockholders Equity | $144,000 | $8,512,000 | $13,189,000 | $18,181,000 |
| Retained Earnings | $-39,469,000 | $-30,336,000 | $-25,659,000 | $-19,111,000 |
| Other | ||||
| Treasury Shares Number | $2,497 | $2,497 | $2,496 | $2,496 |
| Ordinary Shares Number | $2,677,659 | $2,508,853 | $2,508,801 | $1,849,935 |
| Share Issued | $2,680,156 | $2,511,350 | $2,511,297 | $1,852,431 |
| Tangible Book Value | $144,000 | $8,512,000 | $13,189,000 | $18,181,000 |
| Invested Capital | $5,230,000 | $13,575,000 | $17,748,000 | $20,333,000 |
| Working Capital | $-262,000 | $7,037,000 | $11,775,000 | $17,367,000 |
| Capital Lease Obligations | $475,000 | $1,856,000 | $2,980,000 | $268,000 |
| Total Capitalization | $144,000 | $8,512,000 | $13,189,000 | $18,238,000 |
| Treasury Stock | $40,000 | $40,000 | $40,000 | $40,000 |
| Additional Paid In Capital | $39,653,000 | $38,886,000 | $38,886,000 | $37,331,000 |
| Capital Stock | $0 | $2,000 | $2,000 | $1,000 |
| Common Stock | $0 | $2,000 | $2,000 | $1,000 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Long Term Capital Lease Obligation | $0 | $474,000 | $1,856,000 | $0 |
| Current Deferred Revenue | $764,000 | $607,000 | $1,618,000 | $2,126,000 |
| Current Capital Lease Obligation | $475,000 | $1,382,000 | $1,124,000 | $268,000 |
| Line Of Credit | $4,036,000 | $4,797,000 | $4,238,000 | $1,884,000 |
| Current Accrued Expenses | $1,462,000 | $1,100,000 | $1,151,000 | $1,231,000 |
| Net PPE | $406,000 | $1,841,000 | $3,162,000 | $778,000 |
| Accumulated Depreciation | $-7,683,000 | $-6,247,000 | $-4,910,000 | $-6,339,000 |
| Gross PPE | $8,089,000 | $8,088,000 | $8,072,000 | $7,117,000 |
| Leases | $390,000 | $390,000 | $390,000 | $390,000 |
| Other Properties | $3,577,000 | $3,576,000 | $3,578,000 | $2,817,000 |
| Machinery Furniture Equipment | $4,122,000 | $4,122,000 | $4,104,000 | $3,910,000 |
| Properties | $0 | $0 | $0 | $0 |
| Finished Goods | $721,000 | $991,000 | $2,209,000 | $3,183,000 |
| Raw Materials | $8,704,000 | $11,902,000 | $14,313,000 | $12,277,000 |
| Buildings And Improvements | - | - | $3,578,000 | $2,817,000 |
Fetched: 2026-06-22
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-1,061,000 | $-555,000 | $-3,624,000 | $-6,532,000 |
| Operating Activities | ||||
| Operating Cash Flow | $-1,061,000 | $-536,000 | $-3,430,000 | $-6,507,000 |
| Cash Flow From Continuing Operating Activities | $-1,061,000 | $-536,000 | $-3,430,000 | $-6,507,000 |
| Operating Gains Losses | - | - | - | - |
| Investing Activities | ||||
| Investing Cash Flow | $0 | $-19,000 | $-194,000 | $-25,000 |
| Cash Flow From Continuing Investing Activities | $0 | $-19,000 | $-194,000 | $-25,000 |
| Capital Expenditure | - | $-19,000 | $-194,000 | $-25,000 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $757,000 | $0 | $1,556,000 | $0 |
| Financing Cash Flow | $763,000 | $504,000 | $3,962,000 | $1,642,000 |
| Cash Flow From Continuing Financing Activities | $763,000 | $504,000 | $3,962,000 | $1,642,000 |
| Net Common Stock Issuance | $757,000 | $0 | $1,556,000 | $0 |
| Common Stock Issuance | $757,000 | $0 | $1,556,000 | $0 |
| Other | ||||
| Repayment Of Debt | $-761,000 | $-64,000 | $-205,000 | $-242,000 |
| Issuance Of Debt | $767,000 | $568,000 | $2,611,000 | $1,884,000 |
| Interest Paid Supplemental Data | $670,000 | $598,000 | - | - |
| Income Tax Paid Supplemental Data | $0 | $0 | - | - |
| End Cash Position | $200,000 | $498,000 | $549,000 | $211,000 |
| Beginning Cash Position | $498,000 | $549,000 | $211,000 | $5,101,000 |
| Changes In Cash | $-298,000 | $-51,000 | $338,000 | $-4,890,000 |
| Net Issuance Payments Of Debt | $6,000 | $504,000 | $2,406,000 | $1,642,000 |
| Net Short Term Debt Issuance | $6,000 | $504,000 | $2,406,000 | $1,884,000 |
| Short Term Debt Payments | $-761,000 | $-64,000 | $-205,000 | - |
| Short Term Debt Issuance | $767,000 | $568,000 | $2,611,000 | $1,884,000 |
| Net PPE Purchase And Sale | $0 | $-19,000 | $-194,000 | $-25,000 |
| Purchase Of PPE | $0 | $-19,000 | $-194,000 | $-25,000 |
| Change In Working Capital | $5,575,000 | $3,074,000 | $2,281,000 | $-1,945,000 |
| Change In Other Working Capital | $158,000 | $-1,011,000 | $-508,000 | $1,229,000 |
| Change In Other Current Liabilities | $-804,000 | $-1,124,000 | $-864,000 | $-722,000 |
| Change In Other Current Assets | $1,022,000 | $1,173,000 | $1,000,000 | $674,000 |
| Change In Payables And Accrued Expense | $1,898,000 | $-1,405,000 | $1,452,000 | $-73,000 |
| Change In Accrued Expense | $377,000 | $-51,000 | $-80,000 | $25,000 |
| Change In Interest Payable | $15,000 | - | - | - |
| Change In Payable | $1,521,000 | $-1,354,000 | $1,532,000 | $-98,000 |
| Change In Account Payable | $1,521,000 | $-1,354,000 | $1,532,000 | $-98,000 |
| Change In Prepaid Assets | $-23,000 | $402,000 | $2,159,000 | $1,377,000 |
| Change In Inventory | $1,501,000 | $2,729,000 | $-1,512,000 | $-6,443,000 |
| Change In Receivables | $1,823,000 | $2,310,000 | $554,000 | $2,013,000 |
| Changes In Account Receivables | $1,823,000 | $-477,000 | $554,000 | $2,013,000 |
| Stock Based Compensation | $8,000 | - | $0 | $515,000 |
| Asset Impairment Charge | $2,422,000 | $900,000 | $450,000 | $0 |
| Depreciation Amortization Depletion | $67,000 | $167,000 | $387,000 | $507,000 |
| Depreciation And Amortization | $67,000 | $167,000 | $387,000 | $507,000 |
| Net Income From Continuing Operations | $-9,133,000 | $-4,677,000 | $-6,548,000 | $-5,584,000 |
| Net Long Term Debt Issuance | - | - | $52,000 | $-242,000 |
| Long Term Debt Payments | - | - | $-205,000 | $-242,000 |
| Long Term Debt Issuance | - | - | $257,000 | $0 |
| Proceeds From Stock Option Exercised | - | - | - | $0 |
| Other Non Cash Items | - | - | - | - |
Fetched: 2026-06-22