POLA
Polar Power, Inc.
Going-concern doubt
— flagged May 20, 2026
Substantial doubt about the company's ability to continue as a going concern.
“our independent registered public accounting firm, in its audit report to the financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2025, expressed substantial doubt about our ability to continue as a going concern.”View the 10-Q filed May 20, 2026
Company with tickers: POLA
CIK
1622345
CUSIP
73102V204
Shares Outstanding
3,640,159
Website
https://polarpower.com
Investor Relations
https://ir.polarpower.com/
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
| Line Item | Value | Unit | Period End | Form | Filed |
|---|---|---|---|---|---|
| Revenue | — | ||||
| Revenue (ASC 606) | — | ||||
| Cost of Revenue | — | ||||
| Gross Profit | — | ||||
| Operating Expenses | — | ||||
| Research & Development | — | ||||
| Operating Income | — | ||||
| Net Income | — | ||||
| EPS (Basic) | — | ||||
| EPS (Diluted) | — |
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
By Geography (USD)
| Component | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| United States | — | $15,617,000 | $12,073,000 | $12,078,000 | $12,108,000 | $5,889,000 |
| International Sales | $1,522,000 | $1,279,000 | $3,983,000 | $3,215,000 | $1,862,000 | $415,000 |
| United Kingdom Europe And Middle East | — | — | — | — | $358,000 | $309,000 |
| Australia South Pacific Islands | — | — | $3,678,000 | $2,822,000 | $1,359,000 | $41,000 |
| Canada | — | $86,000 | $87,000 | $267,000 | $2,000 | $34,000 |
| Other Asia Pacific | — | $533,000 | $74,000 | — | $31,000 | $31,000 |
| United Kingdom | — | — | — | — | $352,000 | — |
| Japan | — | $565,000 | $16,000 | — | — | — |
| Mexico | — | $4,000 | — | — | — | — |
| Europeand Middle East | — | $91,000 | $128,000 | — | — | — |
| Europe And Middle East | — | — | $128,000 | $85,000 | $6,000 | — |
| South Pacific Islands | — | — | $3,678,000 | — | — | — |
| Africa | — | — | — | $24,000 | $112,000 | — |
| Asia Pacific | — | — | $90,000 | $9,000 | $31,000 | — |
| North America | — | — | — | $8,000 | — | — |
By Product & Service (USD)
| Component | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| DC Power Systems | $8,659,000 | $16,291,000 | $15,219,000 | $14,408,000 | $12,577,000 | $4,485,000 |
| Accessories | $146,000 | $215,000 | $248,000 | $538,000 | $1,009,000 | $1,667,000 |
| Engineering And Tech Support Services | $226,000 | $390,000 | $589,000 | $347,000 | $384,000 | $152,000 |