{"filings":[{"id":1501438,"accession_number":"0001493152-26-032382","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2026-07-07T21:25:42+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Polar Power issues $275K convertible note to Mayers Ventures with 10% OID and board seat","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $275,000 convertible promissory note to Mayers Ventures LLC; consideration $250,000 (10% OID).","Interest 10% per annum, PIK; maturity December 30, 2027; prepayment at 115% of principal.","Conversion price: 90% of lowest daily VWAP in prior 7 trading days, subject to floor price.","Mayers Ventures gets right to designate one board member.","Proceeds for working capital and general corporate purposes; note initially unsecured, may become secured."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1474077,"accession_number":"0001493152-26-032201","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2026-07-06T21:25:16+00:00","items":["3.01"],"status":"ready","headline":"Polar Power gets Nasdaq extension to Oct 28, 2026 to regain stockholders' equity compliance","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Stockholders' equity was only $144,000 as of Dec 31, 2025, triggering Nasdaq Rule 5550(b) deficiency.","Company submitted a compliance plan on June 15, 2026; Nasdaq granted extension on June 29, 2026.","Deadline to evidence compliance is October 28, 2026, via one of two specified public disclosure alternatives.","If compliance not shown by year-end 2026 periodic report, Nasdaq may delist the stock.","Failure to meet extension terms could result in delisting, with right to appeal to a Hearings Panel."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":"2026-07-06","daily_digest_url":"/daily/2026-07-06","daily_digest_rank":6},{"id":788162,"accession_number":"0001493152-26-026770","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2026-06-02T12:30:26+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Polar Power Q1 net loss narrows 86% to $178K; gross margin expands to 65.7%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 net loss of $178K vs $1.265M year ago; loss per share $(0.05) vs $(0.50).","Gross margin 65.7% (included $0.45M warranty reserve adjustment); ~39.7% excluding one-time.","Revenue flat at $1.728M; operating expenses down 22% to $1.111M.","Sales backlog $3.8M as of May 30, 2026; stockholders' equity rose to $2.3M.","New rent settlement reduces monthly rent from $109K to $55K; engaged Mammoth Crest Capital for restructuring."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":612077,"accession_number":"0001493152-26-025091","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2026-05-22T21:29:08+00:00","items":["1.01","1.02","2.03","3.02","5.02","9.01"],"status":"ready","headline":"Polar Power issues $970.6K convertible notes, hires Mammoth Crest for restructuring, settles landlord eviction","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued two 6% convertible notes totaling $970.6K principal; net proceeds $807.1K; conversion at 80% of 10-day VWAP.","Hired Mammoth Crest Capital to lead operational restructuring; pays $500K fee plus 4.5% equity; Board expands to 7 with two MCC appointees.","Paid $755K to settle landlord dispute and regain HQ access; $92.4K/month rent through April 2027; warehouse to vacate by Aug 31, 2026.","Terminated Stone Brothers Capital revolving loan agreement (no loans drawn).","Director Keith Albrecht rescinded resignation; Katherine Koster resigned effective May 19, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":445076,"accession_number":"0001493152-26-023191","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2026-05-14T21:21:18+00:00","items":["1.01","2.03","5.02","9.01"],"status":"ready","headline":"Polar Power gets $2.5M revolving loan at 12%; two directors resign, three lender-nominated directors appointed","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving credit facility up to $2.5M, 12% interest, one-year maturity; lender has sole discretion on draws.","Proceeds for general corporate purposes, including financing a qualified public equity offering up to $6M.","Directors Keith Albrecht and Katherine Koster resign effective May 19, 2026.","Lender-nominated directors David Piedra, Steven Brown, Angel Liriano appointed to board.","Loan default amount set at 105% of outstanding principal and accrued interest."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94145,"accession_number":"0001493152-26-021707","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"Polar Power faces Nasdaq delisting due to stockholders' equity of only $144K vs $2.5M minimum","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Received Nasdaq letter on May 1, 2026 for non-compliance with Listing Rule 5550(b)(1) due to low equity.","Stockholders' equity was $144,000 as of Dec 31, 2025, well below $2.5M requirement.","Company has 45 days to submit a compliance plan; if accepted, 180 days to regain compliance.","Believes preliminary March 31, 2026 equity will be substantially higher, but still subject to change.","No immediate effect on listing; stock continues trading under POLA."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122627,"accession_number":"0001493152-25-027972","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2025-12-16T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Shareholders approve 2026 equity plan; say-on-pay frequency set to annual","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["2026 Equity Incentive Plan approved with 862,506 for, 40,576 against, 508 abstain.","Four directors elected: Arthur Sams (895,386 for), Keith Albrecht (886,197), Michael Field (895,517), Katherine Koster (895,509).","Ratification of Weinberg & Company as auditor passed with 1,510,401 votes for.","Non-binding say-on-pay approved (864,824 for); Board set advisory vote frequency to annual.","Proposal to adjourn meeting for proxies if needed passed with 885,702 votes for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122626,"accession_number":"0001493152-25-024433","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2025-11-20T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Polar Power Q3 net loss $4.1M on 74% sales decline; inventory write-down $1.97M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $1.3M, down 74% from $4.9M YoY; gross loss of $2.26M vs. prior gross profit of $1.4M.","Net loss $4.085M ($1.63 per share) vs. net income $13k ($0.01) in Q3 2024.","Inventory write-down of $1.97M on slow-moving Toyota engines; $455k impairment on lease assets.","Backlog rose to $5.3M from $1.2M; secured $0.67M military APU order and $1.7M in EV chargers.","Raised $0.74M in Oct 2025 via 147,144 shares at $5.00; largest customer contract expires end of 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.24,"consensus_revenue_estimate":null,"consensus_revenue_actual":5704000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122625,"accession_number":"0001493152-25-017031","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2025-10-06T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Polar Power enters ATM equity offering up to $2,382,043 with ThinkEquity","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["ATM sales agreement with ThinkEquity LLC allows at-the-market sales of common stock up to $2,382,043.","Fixed commission of 3.0% of gross proceeds; $30,000 expense reimbursement cap for Agent.","Offering conducted via Nasdaq Capital Market under existing S-3 shelf registration statement.","Company not obligated to sell any shares; agreement terminable on 10 days' notice by either party.","Shares issued under Rule 415(a)(4); proceeds for general corporate purposes, unspecified."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139330,"accession_number":"0001641172-25-024254","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2025-08-15T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Polar Power Q2 net loss $271K; revenue down 42% YoY to $2.7M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $271K ($0.11 per share) vs net income of $501K ($0.20 EPS) in Q2 2024.","Revenue fell 42% to $2.7M; gross profit down 49% to $930K.","Telecom customers accounted for 92% of sales; international sales dropped to 3% from 25%.","Aftermarket parts/services revenue rose 288% YoY; company plans Q4 release of 30kW mobile EV charger.","Operating expenses reduced 24% to $1.0M; cash used in operations was $404K."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.61,"consensus_revenue_estimate":null,"consensus_revenue_actual":4431000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156910,"accession_number":"0001641172-25-011189","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2025-05-16T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Polar Power Q1 net loss narrows 41% to $1.2M; gross margin turns positive","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $1.7M flat YoY; net loss $1.2M ($0.50 EPS) vs $2.1M ($0.85) a year ago.","Gross profit $320k (18.6% margin) vs gross loss of $402k (-22.6%) in Q1 2024.","OpEx down 10% to $1.4M; cash used in ops improved to $584k from $989k.","Aftermarket parts & service 28% of sales; telecom customers 82% of net sales.","Plans remote monitoring on 5K legacy units over 12 months to boost service revenue."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.5,"consensus_revenue_estimate":null,"consensus_revenue_actual":1723000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156909,"accession_number":"0001641172-25-002014","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2025-04-01T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Polar Power reports FY 2024 net loss of $4.6M; sales down 6.7% but gross margin improved to 9.4%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Sales $14M, down 6.7% YoY; net loss $4.6M ($1.86/share) vs $6.5M ($3.45/share) in 2023.","Gross profit up 89% to $1.3M (9.4% sales) from $695K (4.5% sales); operating expenses down $1M.","Cash used in ops improved to $536K from $3.4M; inventories reduced $3.5M.","Military/government revenues doubled to ~$1.5M; new UNHCR reference account in Nigeria.","Plan to launch mobile EV charger product line in 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.5,"consensus_revenue_estimate":null,"consensus_revenue_actual":1723000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192243,"accession_number":"0001493152-24-052408","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2024-12-30T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Polar Power regains Nasdaq compliance; delisting hearing cancelled","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Received Nasdaq letter on Dec 23, 2024 confirming compliance with minimum bid price rule.","Previously effected 1:7 reverse stock split on Nov 18, 2024 to address bid price deficiency.","Delisting notice received Nov 19, 2024; company appealed and hearing scheduled for Jan 23, 2025 now cancelled.","Common stock (POLA) to continue trading on Nasdaq Capital Market.","CEO Arthur Sams stated maintaining listing supports growth and shareholder value."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192242,"accession_number":"0001493152-24-047181","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2024-11-21T23:59:59+00:00","items":["3.01","3.03","5.03","8.01","9.01"],"status":"ready","headline":"Polar Power receives Nasdaq delisting notice for bid price non-compliance; 1:7 reverse split effective Nov 18","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Nasdaq notified Polar Power on Nov 19, 2024, of delisting due to failure to meet $1 minimum bid price by deadline.","Company intends to appeal delisting determination to Nasdaq hearings panel by Nov 26, 2024 deadline.","Effected a 1:7 reverse stock split on Nov 18, 2024, to try to regain compliance; shares trade split-adjusted from Nov 19.","Outstanding shares reduced from 17,561,612 to 2,511,350 (after rounding up fractional shares).","Authorized shares remain at 50,000,000; stock symbol unchanged (POLA); new CUSIP 73102V204."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192241,"accession_number":"0001493152-24-045864","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2024-11-14T23:59:59+00:00","items":["2.02","5.07","7.01","9.01"],"status":"ready","headline":"Polar Power Q3 net sales $4.9M (+157% YoY), net income $13k vs loss; shareholders approve reverse split","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales of $4.9M, up 157% YoY, third consecutive quarter of sequential improvement.","Gross profit $1.4M (29% of sales) vs gross loss $108k in Q3 2023.","Net income $13k ($0.00 EPS) vs net loss $1.844M ($0.14 loss per share) YoY.","Working capital $10.1M; backlog $3.1M at Sept 30, 2024.","Shareholders approved reverse stock split at ratio 1:3 to 1:20 to regain Nasdaq compliance."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":11348000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192240,"accession_number":"0001493152-24-043090","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2024-10-30T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Polar Power prelim Q3 revenue $4.7-$5.2M (+147-174% YoY); gross margin 26-32%; near breakeven","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Preliminary Q3 net sales $4.7M-$5.2M, growth of 147%-174% YoY; gross margin improved to 26%-32%.","Net earnings expected approximately breakeven, driven by higher sales, improved margins, lower R&D and G&A.","New customers contributed 18% of diesel product sales and 12% of natural gas product sales in Q3.","Improvements attributed to ERP investments, inventory optimization, and faster reaction time to telecom sector needs.","Full Q3 10-Q filing and final results expected on or before November 14, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":11348000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208726,"accession_number":"0001493152-24-032198","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2024-08-14T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Polar Power swings to Q2 profit with $501K net income; sales up 163% sequentially","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $4.6M, up 163% sequentially from Q1; gross margin improved to 39.3% from 26.4%.","Net income $501K ($0.03 EPS) vs net loss of $436K in Q2 2023; first profitable quarter in over two years.","Backlog $5.7M as of June 30, 2024, including $2.0M in new Q2 bookings; working capital $10.1M.","Received approximately $3.0M in tax refunds and Employee Retention Credits from prior years.","Appointed Mike Field as new Director and Compensation Committee Chairman."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":6434000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208725,"accession_number":"0001493152-24-029599","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2024-07-30T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Polar Power appoints Michael Field as independent director and compensation committee chair","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Michael Field appointed to board effective July 25, 2024; fills vacancy from Peter Gross's resignation.","Field to serve as audit committee member, chair of compensation and nominating/corporate governance committees.","Annual director fee of $30,000 paid quarterly; option to receive 18,750 shares per quarter instead of cash in first year.","Field is President and CEO of The Raymond Corporation with 40 years in global manufacturing and engineering.","Appointment brings number of independent directors to three."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208724,"accession_number":"0001493152-24-027050","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2024-07-12T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Polar Power prelim Q2 revenue $4.5-$5.0M; backlog $5.5M; receives $2.9M in tax refunds","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Expects Q2 2024 revenue of $4.5-$5.0M and backlog of ~$5.5M as of June 30, 2024.","Received ~$2.9M in tax refunds and Employee Retention Credits, strengthening balance sheet.","Approximately 62% of backlog attributable to telecom customers globally.","Company plans to file Q2 10-Q and announce full results before August 15, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226461,"accession_number":"0001493152-24-022300","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2024-06-03T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"Polar Power gets 180-day Nasdaq extension to Nov 18, 2024 for $1 bid price rule","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Received Nasdaq notification on May 30, 2024 granting 180 extra days to meet $1.00 minimum bid price.","Compliance deadline extended to November 18, 2024; must close at $1.00+ for 10 consecutive business days.","First deficiency notice was Nov 24, 2023; company met all other listing requirements except bid price.","Plans to actively monitor bid price and consider options to cure the deficiency."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226460,"accession_number":"0001493152-24-019855","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2024-05-15T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Polar Power Q1 net sales drop 57% to $1.8M; net loss widens to $2.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales of $1.8M vs $4.2M in Q1 2023; net loss of $2.1M ($0.12 per share) vs $1.1M ($0.09) a year ago.","Operating expenses were $1.6M vs $1.7M; working capital $9.6M, inventory $16.2M as of March 31.","Backlog of $7.7M includes $5.7M in new Q1 bookings; $2.0M additional orders received in April.","CEO cites delayed international shipments and pushout from top telecom customers to H2 2024.","Diversification: 40% of net sales from non-tier-1 telecom; military orders rose to 25% of revenues vs 5% in Q1 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.12,"consensus_revenue_estimate":null,"consensus_revenue_actual":1775000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226459,"accession_number":"0001493152-24-012371","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2024-04-01T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Polar Power FY2023 net loss widens to $6.5M; Q4 revenue up 90% sequential, Q1 2024 bookings $5.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY2023 net sales $15.3M (down 5% YoY); net loss $6.5M (($0.49)/share) vs. $5.6M loss in FY2022.","Gross profit fell to $0.7M from $2.1M in FY2022; operating expenses reduced to $6.7M from $7.7M.","Q4 2023 revenue $3.6M, ~90% sequential growth from Q3; backlog $3.9M at Dec 31, 2023.","Announced $5.1M in new bookings in Q1 2024; current backlog $7.7M as of April 1, 2024.","Customer base diversification: top two customers decreased from 89% to 68% of sales; international sales >20% for second year."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.12,"consensus_revenue_estimate":null,"consensus_revenue_actual":1775000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":245468,"accession_number":"0001493152-24-001711","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2024-01-08T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"Polar Power receives Nasdaq notice for non-compliance with independent director rule","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Nasdaq notified Polar Power on Jan 5, 2024 of non-compliance with Listing Rule 5605 due to director Peter Gross's resignation.","Cure period until earlier of next annual shareholders' meeting or Dec 18, 2024; if meeting before June 17, 2024 then by June 17, 2024.","Company plans to appoint an additional independent director before cure period ends to regain compliance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":262949,"accession_number":"0001493152-23-045601","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2023-12-20T23:59:59+00:00","items":["5.02","5.07"],"status":"ready","headline":"Director Peter Gross resigns; annual meeting elects three directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Peter Gross resigned as director on Dec 18, 2023, for personal reasons; no disagreements with company.","At Dec 20 annual meeting, shareholders elected Arthur D. Sams, Keith Albrecht, and Katherine Koster.","Gross's nomination was withdrawn; board will not name a replacement at this time.","Shareholders ratified Weinberg & Company as independent auditor for FY2023 with over 8.2M votes for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":262948,"accession_number":"0001493152-23-043742","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2023-12-05T23:59:59+00:00","items":["1.01","7.01","8.01","9.01"],"status":"ready","headline":"Polar Power closes public offering of 4.6M shares at $0.40, raising $1.84M gross","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Offering of 4,000,000 shares upsized to 4,600,000 shares after underwriter exercised over-allotment in full.","Gross proceeds of $1,840,000; net proceeds ~$1.5 million after underwriting discounts and expenses.","ThinkEquity LLC acted as sole underwriter; offering closed on December 5, 2023.","Proceeds to be used for general corporate purposes, including working capital, R&D, and potential acquisitions.","Shares sold at $0.40 per share, representing a dilutive equity raise for existing shareholders."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":262947,"accession_number":"0001493152-23-042694","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2023-11-27T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"Polar Power receives Nasdaq deficiency notice for bid price below $1.00","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Common stock bid price closed below $1.00 for 30 consecutive business days, triggering the Bid Price Rule.","180-day compliance period extends to May 22, 2024; stock can regain compliance with 10 consecutive business days at $1.00 or more.","If not compliant by May 22 but meets other initial listing standards, may receive an additional 180 days until November 18, 2024.","Company will monitor bid price and consider options to regain compliance; no assurance of success."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":262946,"accession_number":"0001493152-23-041215","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2023-11-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Polar Power Q3 revenue $1.9M (+12% YoY), net loss narrows to $1.8M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 net sales $1.9M (+12% YoY); net loss $1.8M ($0.14/sh) vs $2.3M loss ($0.19/sh) in Q3 2022.","Gross loss improved to $(108K) from $(247K); operating expenses decreased 26% to $1.5M.","Backlog $5.1M; cash $296K; working capital $13.3M (down from $17.3M at Dec 2022).","Largest Tier-1 telecom customer rescheduled $2.8M deliveries, impacting Q3 revenue.","Launched lower emission natural gas/propane generators; expects 5G upgrade to drive $20M additional sales in 2-3 years."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.26,"consensus_revenue_estimate":null,"consensus_revenue_actual":11688000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":262945,"accession_number":"0001493152-23-039595","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2023-11-06T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"Polar Power exchanges all outstanding warrants for 12,062 shares of common stock with Empery Entities","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Empery Entities hold all 24,122 warrants; exchange at 0.5 shares per warrant, issuing 12,062 shares.","Warrants originally issued July 2020, expiring July 2025; now cancelled; no warrants remain outstanding.","Exchange exempt from registration under Section 3(a)(9); shares issued without restrictive legends.","Transaction negotiated privately; expected close on or about November 7, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":280143,"accession_number":"0001493152-23-032256","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2023-09-11T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Polar Power expands revolving credit facility to $7.5M via Fifth Modification with Pinnacle Bank","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Total advance limit increased from $6.0M to $7.5M under the revolving credit facility.","Inventory advance limit raised from $2.5M to $4.0M; advance rate increased from 35% to 40% of eligible inventory.","AT&T accounts receivable aging period extended from 90 to 120 days for eligibility.","Borrower paid $22,500 fee (1.5% of inventory limit increase) plus $500 documentation fee.","Fifth Modification includes customary terms, reaffirmations, and release of claims by borrower."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":280142,"accession_number":"0001493152-23-028511","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2023-08-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Polar Power Q2 sales $5.5M (+31% YoY), net loss narrows to $0.03 per share","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net sales $5.5M, up 31% from $4.2M; gross profit $1.4M (+39%), margin 26.4% vs 24.8% YoY.","Net loss of $436k ($0.03/share) vs $739k ($0.06) in Q2 2022; six-month loss $1.5M ($0.12) vs $1.8M ($0.15).","Backlog $5.9M at June 30, 68% U.S. telecom; international telecom sales surged ~2100% YoY.","Cash $292k; inventory $17.7M, working capital $15.4M; launched Toyota 1KS engine platform.","Mobile EV chargers with CCS standard expected by Q1 2024; order taking underway."],"consensus_eps_estimate":null,"consensus_eps_actual":0.12,"consensus_revenue_estimate":null,"consensus_revenue_actual":9777000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":298657,"accession_number":"0001493152-23-019368","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2023-05-26T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Polar Power increases revolving credit facility to $6M and obtains $146K term loan","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Third Modification adds $146,000 term loan from Pinnacle Bank dated April 13, 2023.","Fourth Modification raises revolving credit facility limit from $4M to $6M as of May 25, 2023.","Concentration percentage for AT&T and Verizon accounts increased from 50% to 75%.","Line increase fee of $30,000 (1.5% of $2M) paid to Pinnacle Bank."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":298656,"accession_number":"0001493152-23-017400","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2023-05-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Polar Power Q1 revenue up 13% to $4.1M, net loss flat at $1.1M; Toyota generator launched","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $4.1M (+13% YoY); net loss $1.1M ($0.09/share), identical to prior-year loss.","Gross profit fell to $755K from $905K due to higher labor/material costs and product mix.","Cash at $119K (down from $211K Dec 2022); inventory $16.8M; backlog $8.9M.","After 2.5-year delay, began shipments of Toyota 1KS generator line; expects production ramp.","September 2022 price increases expected to improve net sales and gross margins as supply chain eases."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":4190000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":318850,"accession_number":"0001493152-23-001182","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K/A","filed_at":"2023-01-11T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Polar Power board adopts triennial say-on-pay frequency after shareholder vote","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Annual meeting shareholders indicated preference for say-on-pay vote every three years on non-binding basis.","Board of Directors determined future say-on-pay vote will be held every three years until next frequency vote.","Decision consistent with board's prior recommendation and stockholder voting results from Dec 21, 2022 meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":337085,"accession_number":"0001493152-22-036139","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2022-12-21T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Polar Power shareholders elect four directors, ratify auditor, approve say-on-pay","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elected Arthur D. Sams, Keith Albrecht, Peter Gross, Katherine Koster as directors; each received over 6.4M votes for.","Ratified Weinberg & Company as independent auditor for FY 2022 with 9.1M votes for vs 70k against.","Advisory vote on executive compensation (say-on-pay) approved with 6.4M votes for.","Advisory vote on frequency of say-on-pay chose three-year interval with 5.7M votes.","All proposals passed; broker non-votes were 2.7M for director election and say-on-pay."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":337084,"accession_number":"0001493152-22-032069","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2022-11-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Polar Power Q3 net sales down 59% to $1.7M; net loss $2.3M vs income of $942K last year","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $1.7M in Q3 2022, down 59% from $4.1M in Q3 2021 due to supply chain constraints.","Net loss of $2.3M ($0.19 per share) vs net income of $942K ($0.07) in Q3 2021.","Gross loss of $247K vs gross profit of $966K in prior year; operating expenses rose to $2.1M.","Cash and equivalents $363K at Sep 30, 2022, down from $5.1M at Dec 31, 2021; working capital $18.4M.","Sales backlog $13.6M; $3.3M in new purchase orders received post-quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.33,"consensus_revenue_estimate":null,"consensus_revenue_actual":9690000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":354446,"accession_number":"0001493152-22-022926","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2022-08-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Polar Power Q2 net sales $4.2M, down 12% YoY; net loss narrows to $739K","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $4.2M vs $4.8M in Q2 2021, a 12% decline; 6-month sales $7.9M down 2%.","Net loss $739K ($0.06/share) vs $866K ($0.07) in Q2 2021; gross profit up 10% to $1.0M.","Sales backlog $14.0M at June 30, 2022; 97% from telecom customers; $9.9M in new orders during Q2.","Cash and equivalents $2.6M vs $5.1M at Dec 31, 2021; working capital $20.1M; credit line $2.8M.","Supply chain and labor shortages pushed ~12% of expected Q2 shipments into H2 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":0.15,"consensus_revenue_estimate":null,"consensus_revenue_actual":7983000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":372412,"accession_number":"0001493152-22-013796","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2022-05-16T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Polar Power Q1 sales +13% to $3.7M; net loss narrows to $1.1M; backlog rises to $13M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $3.7M (+13% YoY); gross profit $905K vs. gross loss $58K; net loss $1.1M ($0.10/shr) vs. $1.9M ($0.15).","Backlog $9.0M at Q1 end, increased to $13.0M as of Apr 16, 2022; 66% from U.S. telecom, 31% international telecom.","Received $4.0M PO from South Pacific Islands telecom for DC generators; deliveries start mid-2022, fulfill by year-end.","EPA certification on 4Y Toyota engine for natural gas/LPG expands power range to 35 kW; targets micro-grids and EV charging."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":3709000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":391254,"accession_number":"0001493152-22-001153","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2022-01-13T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Polar Power COO Rajesh Masina resigns; EVP Balwinder Samra assumes duties","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Rajesh Masina resigned as COO effective January 21, 2022, not due to any disagreement with the company.","Balwinder Samra, Executive Vice President, will take over business activities managed by Masina.","No further details on a permanent replacement or search process were disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":391253,"accession_number":"0001493152-22-000007","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2022-01-03T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Polar Power shareholders elect four directors and ratify auditor at 2021 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All four director nominees elected: Arthur D. Sams (6,237,888 for), Keith Albrecht (6,235,733), Peter Gross (6,234,632), Katherine Koster (6,235,682).","Ratification of Weinberg & Company as independent auditor approved: 6,240,026 for, 212,493 against, 3,330 abstain.","Broker non-votes reported as zero for director election and N/A for auditor ratification.","Meeting held December 31, 2021; all proposals passed with substantial majority."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":409435,"accession_number":"0001493152-21-028615","cik":1622345,"company_name":"Polar Power, Inc.","ticker":"POLA","form_type":"8-K","filed_at":"2021-11-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Polar Power Q3 net sales up 65% to $4.1M; net income $0.9M vs loss","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales Q3 2021 $4.1M, up 65% YoY; nine-month $12.2M, up 89% YoY.","Backlog $11.4M at end Q3, up 72% from Q2; $7.5M for 5G DC power systems.","Net income Q3 $0.9M ($0.07 EPS) vs net loss $4.7M ($0.42 loss) in Q3 2020.","Gross profit $0.9M vs gross loss $2.6M last year; operating expenses down to $1.7M.","PPP loan forgiveness of $1.7M recognized as non-cash gain; cash $7.7M vs $1.6M year-end 2020."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":12273000.0,"consensus_period":"2021-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":7316719.7727272725,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}