---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-028615"
form_type: "8-K"
ticker: "POLA"
cik: "0001622345"
company_name: "Polar Power, Inc."
filed_at: "2021-11-15T23:59:59+00:00"
generated_at: "2026-06-28T08:25:07.935863+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Polar Power Q3 net sales up 65% to $4.1M; net income $0.9M vs loss

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-21-028615
- form_type: 8-K
- ticker: POLA
- cik: 0001622345
- company_name: Polar Power, Inc.
- filed_at: 2021-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1622345/000149315221028615/0001493152-21-028615-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1622345/000149315221028615/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-028615
- JSON: https://secwatch.observer/filing/0001493152-21-028615.json
- Plain text: https://secwatch.observer/filing/0001493152-21-028615.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.