POLA
Polar Power, Inc.
NASDAQ · Industrials · Electrical Equipment & Parts · US
$1.38
−0.72%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 4.6M | 6.3M | 14.0M | 15.3M | 16.1M |
| Cost of Revenue | 8.2M | 9.5M | 12.7M | 14.6M | 13.9M |
| Gross Profit | (3.6M) | (3.2M) | 1.3M | 695.0K | 2.1M |
| Operating Expenses | |||||
| R&D Expense | 638.0K | 646.0K | 771.0K | 1.2M | 1.5M |
| SG&A Expense | 4.2M | 4.2M | 4.9M | 5.5M | 6.2M |
| General & Admin Expense | 3.5M | 3.4M | 3.9M | 4.3M | 4.7M |
| Selling & Marketing Expense | 649.0K | 807.0K | 1.0M | 1.2M | 1.5M |
| Other Expenses | — | — | — | — | 7.0K |
| Total Operating Expenses | 4.8M | 4.8M | 5.7M | 6.7M | 7.7M |
| Cost and Expenses | 13.0M | 14.3M | 18.3M | 21.3M | 21.6M |
| Operating Income (EBIT) | (8.4M) | (8.0M) | (4.4M) | (6.0M) | (5.5M) |
| Non-Operating | |||||
| Interest Income | — | — | 221.0K | — | — |
| Interest Expense | 1.0M | 720.0K | 649.0K | 559.0K | 58.0K |
| Net Interest Income | (1.0M) | (720.0K) | (428.0K) | (559.0K) | (58.0K) |
| Other Non-Op Income/Expense | (1.2M) | (1.2M) | (302.0K) | (558.0K) | (51.0K) |
| Non-Operating Income (excl Interest) | — | 445.0K | (347.0K) | (1.0K) | (7.0K) |
| EBT (Pre-Tax Income) | (9.6M) | (9.1M) | (4.7M) | (6.5M) | (5.6M) |
| Income Tax Expense | — | — | — | — | — |
| Bottom Line | |||||
| Net Income | (9.6M) | (9.1M) | (4.7M) | (6.5M) | (5.6M) |
| Earnings from Cont. Ops | (9.6M) | (9.1M) | (4.7M) | (6.5M) | (5.6M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (9.6M) | (9.1M) | (4.7M) | (6.5M) | (5.6M) |
| Per Share | |||||
| Basic EPS | ($3.53) | ($3.59) | ($1.86) | ($3.45) | ($3.04) |
| Diluted EPS | ($3.53) | ($3.59) | ($1.86) | ($3.45) | ($3.04) |
| Revenue Per Share | $1.24 | $2.48 | $5.57 | $8.05 | $8.73 |
| Shares | |||||
| Basic Shares Outstanding | 3.7M | 2.5M | 2.5M | 1.9M | 1.8M |
| Diluted Shares Outstanding | 3.7M | 2.5M | 2.5M | 1.9M | 1.8M |
| Profitability Metrics | |||||
| EBITDA | (8.3M) | (8.3M) | (3.9M) | (5.6M) | (5.0M) |
| D&A | 65.0K | 67.0K | 167.0K | 387.0K | 507.0K |
| EBIT | (8.4M) | (8.4M) | (4.0M) | (6.0M) | (5.5M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026