Polar Power Q1 sales +13% to $3.7M; net loss narrows to $1.1M; backlog rises to $13M

Polar Power, Inc.

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.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.