Polar Power, Inc.
POLAOther · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $6.3M | $14.0M | $15.3M | $16.1M | $16.9M | $9.0M |
| Operating income | −$8.4M | −$4.4M | −$6.0M | −$5.5M | −$3.1M | −$13.0M |
| Net income | −$9.1M | −$4.7M | −$6.5M | −$5.6M | −$1.4M | −$10.9M |
| Total assets | $10.4M | $17.5M | $25.3M | $24.2M | $27.2M | $17.8M |
| Total liabilities | $10.3M | $9.0M | $12.1M | $6.0M | $3.9M | $6.3M |
| Equity | $144,000 | $8.5M | $13.2M | $18.2M | $23.3M | $11.5M |
| EPS (diluted) | $-3.59 | $-1.86 | $-3.45 | $-0.43 | $-0.11 | — |
| Shares out. | 2.5M | 17.6M | 12.9M | 12.8M | 12.8M | 10.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −133.6%
- Net margin
- −144.9%
- Return on equity
- −6342.4%
- Return on assets
- −87.5%
- Return on capital (ROCE)
- −5849.3%
- Liabilities / assets
- 98.6%
- Debt / equity
- 71.48×
- Book value / share
- $0.06
- Revenue growth (YoY)
- −54.9%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -17.90distress
- Accruals / assets
- −77.3%clean
- Piotroski F-Score
- 2/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 severe● 5 warning● 1 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 15, 2026
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2026
- NT 10-Qmissed a reporting deadline ↗Nov 17, 2025
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Field Michael GeorgeDirector | Jan 30, 2025 | Grant | 2,679 | $2.93 |
| Zavala LuisOfficer — Chief Financial Officer | Aug 22, 2022 | Grant | 10,770 | $0.00 |
| Sams Arthur D.Officer — President, CEO, Secretary | Aug 22, 2022 | Grant | 16,924 | $0.00 |
| Albrecht KeithDirector | Dec 6, 2021 | Sell | 4,633 | $4.75 |
| Albrecht KeithDirector | Dec 3, 2021 | Sell | 5,000 | $4.65 |
| Albrecht KeithDirector | May 18, 2021 | Sell | 2,320 | $10.15 |
| Sams Arthur D.Officer — President, CEO and Secretary | Nov 9, 2018 | Sell | 1,500 | $6.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 167,570 | 1.0 | -32.6% |
| Apr 30, 2026 | 248,603 | 1.0 | +95.5% |
| Apr 15, 2026 | 127,129 | 1.0 | -71.6% |
| Mar 31, 2026 | 447,867 | 1.0 | -43.1% |
| Mar 13, 2026 | 787,352 | 1.0 | +807.5% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operations · Regulation FD disclosureJun 2, 2026
- Entered a material agreement · Terminated a material agreement · New financial obligation · Unregistered equity sale · Director / officer changeMay 22, 2026
- Entered a material agreement · New financial obligation · Director / officer changeMay 14, 2026
- Delisting / listing-standard noticeMay 7, 2026
- Director / officer change · Shareholder voteDec 16, 2025
- Results of operations · Regulation FD disclosureNov 20, 2025
- Entered a material agreementOct 6, 2025
- Results of operations · Regulation FD disclosureAug 15, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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