Polar Power, Inc. (POLA)

From the record

Polar Power, Inc.'s filings since 2017 show 11 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 7 times, the latest 2026-10-23); a late-report notice (Form NT 10-K or NT 10-Q, 4 times, the latest 2026-08-14) (its current reports).

From the record

Polar Power, Inc.'s 7 filed years say what it did: revenue went from $25 million in fiscal 2019 to $6 million in fiscal 2025, down 20.4% a year; it rose in 1 of 6 years; the deepest fall was 75% from fiscal 2019 to fiscal 2025; net income was positive in 0 of 7 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Polar Power, Inc. lost about 6342 cents for every dollar of shareholders' money, and gross profitability: its products earned less than nothing, about minus 30 cents per dollar of everything the company owns. Leverage: it owed about 99 cents per dollar of assets, and net share issuance: its share count grew 1.3% over the year (the filed statements).

From the record

Polar Power, Inc.'s standing among 39 graded names in its industry family: revenue of $6 million in fiscal 2025 ranks in the bottom 13% by size; a net margin of -144.9% ranks in the bottom 29%; revenue growth of -26.8% a year over the last 3 filed years ranks in the bottom 4% (its annual reports).

From the record

Polar Power, Inc.'s leadership, from its insiders' filings and its current reports: no one files under a chief executive's title, so that part is not read; the 3 officers and directors filing in the last fifteen months have been on the record a median of 2 months (bottom 2%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 3 people in charge now (bottom 5%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Polar Power, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $200 thousand against no long-term debt tagged leaves 1.9% of its assets as net cash, bottom 45% of its family; cash from operations less capital spending is -16.8% of revenue (top 42%); a gross margin of -50.1% (bottom 7%); research spending of 10.2% of revenue (top 41%) (its annual report).

From the record

Polar Power, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -26.8% a year over the last three filed years against -20.4% over all 7, slowing (top 45% of its family); the newest year grew -54.9% (bottom 4%); research spending grew -23.8% a year (bottom 12%); capital spending grew -35.6% a year (bottom 29%) (its annual reports). Polar Power, Inc. reported 3 product lines in fiscal 2025: DC Power Systems at $4 million (71%), Accessories at $2 million (26%), Engineering and Tech Support Services at $152 thousand (2%); 1 of 3 grew against the year before (its annual report).

From the record

Polar Power, Inc.'s newest year against its own record: revenue of $6 million in fiscal 2025 came in 51.6% below the $13 million its prior three years' pace pointed to (bottom 10% of its family); net income of $9 million against a prior three-year average of $6 million (bottom 41%); a net margin of a loss larger than its revenue against -37% before (bottom 16%) (its annual reports).