Polar Power, Inc.

POLA · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$13,970$15,293$16,056$16,896
% Growth-8.7%-4.8%-5%
Cost of Goods Sold$12,656$14,598$13,931$13,451
Gross Profit$1,314$695$2,125$3,445
% Margin9.4%4.5%13.2%20.4%
R&D Expenses$771$1,222$1,460$1,986
G&A Expenses$3,908$4,291$4,727$3,069
SG&A Expenses$4,918$5,463$6,198$4,557
Sales & Mktg Exp.$1,010$1,172$1,471$1,488
Other Operating Expenses$0$0$7$0
Operating Expenses$5,689$6,685$7,658$6,543
Operating Income-$4,375-$5,990-$5,533-$3,098
% Margin-31.3%-39.2%-34.5%-18.3%
Other Income/Exp. Net-$302-$558-$51$1,684
Pre-Tax Income-$4,677-$6,548-$5,584-$1,414
Tax Expense$0$0$0$0
Net Income-$4,677-$6,548-$5,577-$3,218
% Margin-33.5%-42.8%-34.7%-19%
EPS-1.86-0.5-0.43-0.25
% Growth-272%-16.3%-72%
EPS Diluted-1.86-0.5-0.43-0.25
Weighted Avg Shares Out2,50913,12112,87812,720
Weighted Avg Shares Out Dil2,50913,12112,87812,720
Supplemental Information
Interest Income$221$0$0$0
Interest Expense$649$559$58$60
Depreciation & Amortization$167$387$507$549
EBITDA-$3,861-$5,602-$5,019-$805
% Margin-27.6%-36.6%-31.3%-4.8%