---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-024433"
form_type: "8-K"
ticker: "POLA"
cik: "0001622345"
company_name: "Polar Power, Inc."
filed_at: "2025-11-20T23:59:59+00:00"
generated_at: "2026-05-16T17:59:35.562625+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Polar Power Q3 net loss $4.1M on 74% sales decline; inventory write-down $1.97M

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-25-024433
- form_type: 8-K
- ticker: POLA
- cik: 0001622345
- company_name: Polar Power, Inc.
- filed_at: 2025-11-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1622345/000149315225024433/0001493152-25-024433-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1622345/000149315225024433/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-024433
- JSON: https://secwatch.observer/filing/0001493152-25-024433.json
- Plain text: https://secwatch.observer/filing/0001493152-25-024433.txt

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