Polar Power, Inc.POLA

Market cap
$3.72M
P/E ratio
Dec 31,
2017
Dec 31,
2018
Dec 31,
2019
Dec 31,
2020
Dec 31,
2021
Dec 31,
2022
Dec 31,
2023
Dec 31,
2024
Net Loss-757,416-848,252-4,044,751-11-1-6-7-5
Depreciation and amortization255,631385,583628,10711100
Inventory Write-down---3--01
Accounts receivable-1,345,6805-6,793,08903-2-10
Inventories647,46236-1-062-3
Prepaid expenses58,101231,996910,035-14-1-2-0
Employee retention credit receivable-------2
Income taxes receivable---2-2---1
Operating lease right-of-use asset-------1-1
Deposits------0-
Accounts payable98,398308,662-491,905-00-02-1
Customer deposits--118,303101-1-1
Accrued expenses and other current liabilities-83,498-81,832527,150000-0-0
Operating lease liability-------1-1
Net cash used in operating activities-1,587,130-7,847,693-2,166,684-7-9-7-3-1
Acquisition of property and equipment342,121574,990338,19000000
Net cash used in investing activities-342,121-574,990-338,190-0-0-0-0-0
Net proceeds from sale of common stock---3--2-
Proceeds from notes payable-related party------00
Repayment of notes payable111,744138,402255,14500000
Advances from credit facility, net---3-221
Net cash provided by financing activities-111,744-138,402-295,087513241
Increase (decrease) in cash and cash equivalents----13-50-0
Initial recognition of right-of-use asset and lease liabilities------4-