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Polar Power (POLA)

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Earnings summaries and quarterly performance for Polar Power.

Recent press releases and 8-K filings for POLA.

Polar Power Reports Q3 2025 Financial Results
POLA
Earnings
Demand Weakening
New Projects/Investments
  • Polar Power reported net sales of $1.3 million for the three months ended September 30, 2025, which is a 74% decline compared to the same period in 2024.
  • The company recorded a net loss of $4.08 million, or $(1.63) per basic and diluted share, for the three months ended September 30, 2025, compared to a net income of $0.01 million in the prior year's period.
  • A gross loss of $2.26 million was reported for Q3 2025, primarily due to $1.97 million in inventory write-downs related to slow-moving Toyota engines.
  • The company's backlog increased to $5.3 million as of September 30, 2025, up from $1.2 million on June 30, 2025, driven by new orders for military auxiliary power units and EV chargers.
Nov 20, 2025, 7:56 PM
Polar Power Secures Military Contract for DC Generators
POLA
New Projects/Investments
Product Launch
  • Polar Power, Inc. has received a $674,000 contract from a military customer for the delivery of compact, lightweight DC generators designed for mobile applications.
  • The newly proposed generator model is approximately 25% smaller and lighter than Polar Power’s smallest generator currently deployed in military and telecom sectors, while maintaining comparable power output.
  • This contract completes Polar Power's DC generator lineup from 2 kW to 50 kW, with a future development target of a 200 kW DC generator for edge computing and small data centers.
Oct 28, 2025, 11:30 AM
Polar Power Enters At-The-Market Sales Agreement
POLA
  • On October 6, 2025, Polar Power, Inc. entered into an at-the-market (ATM) sales agreement with ThinkEquity LLC.
  • This agreement allows the Company to offer and sell shares of its common stock for an aggregate offering price of up to $2,382,043.
  • The sales will be conducted through ThinkEquity LLC on The Nasdaq Capital Market or any other existing trading market.
  • Polar Power, Inc. will pay the Sales Agent a fixed commission rate of 3.0% of the aggregate gross proceeds from the sales.
Oct 6, 2025, 1:05 PM