• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Polar Power Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

    5/16/25 9:29:30 AM ET
    $POLA
    Industrial Machinery/Components
    Miscellaneous
    Get the next $POLA alert in real time by email
    false 0001622345 0001622345 2025-05-16 2025-05-16 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

     

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     

    Date of Report (Date of earliest event reported): May 16, 2025

     

    POLAR POWER, INC.

    (Exact Name of Registrant as Specified in Charter)

     

    Delaware   001-37960   33-0479020

    (State or Other Jurisdiction

    of Incorporation)

     

    (Commission

    File Number)

     

    (IRS Employer

    Identification No.)

     

    249 E. Gardena Boulevard, Gardena, California 90248

    (Address of Principal Executive Offices) (Zip Code)

     

    (310) 830-9153

    (Registrant’s telephone number, including area code)

     

    N/A

    (Former name or former address, if changed since last report)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     

    ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
       
    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
       
    ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
       
    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class   Trading Symbol(s)   Name of each exchange on which registered
    Common Stock, par value $0.0001 per share   POLA   The NASDAQ Stock Market, LLC

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

    Emerging growth company ☐

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     

     

     

     

    Item 2.02 Results of Operations and Financial Condition.

     

    On May 16, 2025, Polar Power, Inc. issued a press release announcing its financial results for the three months ended March 31, 2025. A copy of the press release is furnished as Exhibit 99.1 and is incorporated herein by reference.

     

    Item 7.01 Regulation FD Disclosure.

     

    The information contained in Item 2.02 is incorporated herein by reference.

     

    The information contained in Items 2.02 and Item 7.01 (including Exhibit 99.1) is furnished pursuant to Items 2.02 and 7.01 and shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.

     

    The Company does not have, and expressly disclaims, any obligation to release publicly any updates or any changes in the Company’s expectations or any change in events, conditions, or circumstances on which any forward-looking statement is based, except as required by law.

     

    Item 9.01 Financial Statements and Exhibits.

     

    (d) Exhibits.

     

    Exhibit
    No.
      Description
         
    99.1   Press release issued by Polar Power, Inc. dated May 16, 2025
         
    104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

     

     

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

    Date: May 16, 2025

     

      POLAR POWER, INC.
         
      By: /s/ Arthur D. Sams
        Arthur D. Sams President, Chief Executive Officer and Secretary

     

     

     

    Get the next $POLA alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $POLA

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $POLA
    Leadership Updates

    Live Leadership Updates

    See more
    • Polar Power Appoints Michael Field as Independent Director and Compensation Committee Chair

      New Board Member Provides Four Decades of Industrial Global Manufacturing and Team Building Leadership GARDENA, CA, July 30, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. ("Polar Power" or the "Company") (NASDAQ:POLA), a global provider of prime, backup, and solar hybrid power solutions, today announces that Michael Field has been appointed a director of the Company and compensation committee chair. Mr. Field joins the Polar Board with four decades of experience in global manufacturing and equipment spanning engineering and technology development, lean manufacturing, factory and systems integration, product management and channel development. He has held key operating and manageria

      7/30/24 8:00:00 AM ET
      $POLA
      Industrial Machinery/Components
      Miscellaneous

    $POLA
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Polar Power Reports First Quarter 2025 Financial Results

      GARDENA, CA, May 16, 2025 (GLOBE NEWSWIRE) -- Polar Power, Inc. ("Polar Power" or the "Company") (NASDAQ:POLA), a global provider of prime, backup, and solar hybrid DC power solutions, reports its financial results for the three months ended March 31, 2025. Q1 2025 Financial Highlights ●Net sales were $1.7 million, compared to $1.7 million in the same period last year●Gross profit increased to $320,000, or 18.6% of sales, representing an improvement of 180% from a gross loss of $402,000, or (22.6)% of sales, in the same period last year●Operating expenses declined 10% to $1.4 million, compared to $1.5 million in the same period last year●Net loss declined $877,000 to $1.2 million, or $(0.

      5/16/25 9:29:00 AM ET
      $POLA
      Industrial Machinery/Components
      Miscellaneous
    • Polar Power Reports Full Year and Fourth Quarter 2024 Financial Results

      GARDENA, CA, April 01, 2025 (GLOBE NEWSWIRE) -- Polar Power, Inc. ("Polar Power" or the "Company") (NASDAQ:POLA), a global provider of prime, backup, and solar hybrid DC power solutions, reports its financial results for the three months and full year ended December 31, 2024. 2024 Financial Highlights Sales of $14 million represent a 6.7% decline from 2023Gross profit increased 89% to $1.3 million, or 9.4% of sales, compared with $695,000, or 4.5% of sales, in 2023Operating expenses declined $1 million to $5.7 million compared to $6.7 million in the prior yearNet loss declined $1.9 million to $4.6 million, or $(1.86) per basic and diluted share in 2024, compared to a net loss of $6.5 mil

      4/1/25 9:00:00 AM ET
      $POLA
      Industrial Machinery/Components
      Miscellaneous
    • Polar Power Announces Receipt of Letter from Nasdaq Acknowledging Listing Compliance

      GARDENA, CA, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ:POLA) ("Polar Power"), a global provider of prime, backup, solar hybrid power, and microgrid solutions, is pleased to announce that it has successfully regained compliance with the minimum bid price requirement set forth by The Nasdaq Stock Market LLC ("Nasdaq"). The Company has received notification from Nasdaq confirming its compliance with Listing Rule 5550(a)(2), thereby meeting Nasdaq's maintenance requirements for listing. As a result, the scheduled hearing before the hearings panel on January 23, 2025 has been canceled. Arthur Sams, CEO and Chairman of Polar Power commented, "Maintaining our Nasdaq listing wa

      12/30/24 9:15:00 AM ET
      $POLA
      Industrial Machinery/Components
      Miscellaneous

    $POLA
    Financials

    Live finance-specific insights

    See more
    • Polar Power Announces Preliminary 2024 Third Quarter Financial Results: Expected Net Sales of $4.7 - $5.2 Million and Gross Margin of 26%-32%

      GARDENA, CA, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. ("Polar Power" or the "Company") (NASDAQ:POLA), a global provider of prime, backup, and solar hybrid power solutions, today announces preliminary third quarter net sales between $4.7 million and $5.2 million, representing growth of 147% to 174%, gross margin in the range of 26% to 32%, and breakeven net earnings. Recovering net sales benefitting from strength across both diesel- and natural gas-powered product lines, with new customers accounting for 18% and 12% of total sales, respectivelySubstantial year-over-year improvement in gross margin attributable to higher revenues, lower labor costs and improved factory overhead a

      10/29/24 7:30:00 AM ET
      $POLA
      Industrial Machinery/Components
      Miscellaneous

    $POLA
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Polar Power Inc.

      SC 13G/A - Polar Power, Inc. (0001622345) (Subject)

      11/6/24 4:16:59 PM ET
      $POLA
      Industrial Machinery/Components
      Miscellaneous
    • SEC Form SC 13G/A filed by Polar Power Inc. (Amendment)

      SC 13G/A - Polar Power, Inc. (0001622345) (Subject)

      2/13/24 8:10:57 PM ET
      $POLA
      Industrial Machinery/Components
      Miscellaneous
    • SEC Form SC 13G filed by Polar Power Inc.

      SC 13G - Polar Power, Inc. (0001622345) (Subject)

      1/4/24 11:28:05 AM ET
      $POLA
      Industrial Machinery/Components
      Miscellaneous

    $POLA
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Field Michael George was granted 2,679 shares (SEC Form 4)

      4 - Polar Power, Inc. (0001622345) (Issuer)

      3/11/25 9:01:03 AM ET
      $POLA
      Industrial Machinery/Components
      Miscellaneous
    • SEC Form 3 filed by new insider Field Michael George

      3 - Polar Power, Inc. (0001622345) (Issuer)

      3/11/25 9:00:04 AM ET
      $POLA
      Industrial Machinery/Components
      Miscellaneous
    • SEC Form 4: Zavala Luis was granted 10,770 shares, increasing direct ownership by 23% to 58,139 units

      4 - Polar Power, Inc. (0001622345) (Issuer)

      8/24/22 9:36:17 PM ET
      $POLA
      Industrial Machinery/Components
      Miscellaneous

    $POLA
    SEC Filings

    See more
    • Polar Power Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - Polar Power, Inc. (0001622345) (Filer)

      5/16/25 9:29:30 AM ET
      $POLA
      Industrial Machinery/Components
      Miscellaneous
    • SEC Form 10-Q filed by Polar Power Inc.

      10-Q - Polar Power, Inc. (0001622345) (Filer)

      5/15/25 4:06:17 PM ET
      $POLA
      Industrial Machinery/Components
      Miscellaneous
    • Polar Power Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - Polar Power, Inc. (0001622345) (Filer)

      4/1/25 9:10:07 AM ET
      $POLA
      Industrial Machinery/Components
      Miscellaneous