---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-028511"
form_type: "8-K"
ticker: "POLA"
cik: "0001622345"
company_name: "Polar Power, Inc."
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T11:21:41.529240+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Polar Power Q2 sales $5.5M (+31% YoY), net loss narrows to $0.03 per share

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-23-028511
- form_type: 8-K
- ticker: POLA
- cik: 0001622345
- company_name: Polar Power, Inc.
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1622345/000149315223028511/0001493152-23-028511-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1622345/000149315223028511/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-028511
- JSON: https://secwatch.observer/filing/0001493152-23-028511.json
- Plain text: https://secwatch.observer/filing/0001493152-23-028511.txt

## Key facts
- Earnings Releases
  Polar Power, Inc. reported the three and six months ended June 30, 2023 results: revenue $5.5 million, net income Net loss for Q2 2023 totaled $436,000, or $(0.03) per basic and diluted share, EPS $(0.03) per basic and diluted share.
  - Period: the three and six months ended June 30, 2023
  - Revenue: $5.5 million
  - Net income: Net loss for Q2 2023 totaled $436,000, or $(0.03) per basic and diluted share
  - EPS: $(0.03) per basic and diluted share
  - Result: reported results
  source text: three and six months ended June 30, 2023. Key Q2 2023 Results and Highlights: Financial Results for the Three and Six Months Ended June 30, 2023 ● Net sales for Q2 2023 were $5.5 million, a 31% increase compared to $4.2 million in the same period last year. Net sales for the six months ended June 30, 2023 were $9.7 million, a 22% increase, as compared to $7.9
  evidence_url: https://www.sec.gov/Archives/edgar/data/1622345/000149315223028511/0001493152-23-028511-index.htm

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