---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-002014"
form_type: "8-K"
ticker: "POLA"
cik: "0001622345"
company_name: "Polar Power, Inc."
filed_at: "2025-04-01T23:59:59+00:00"
generated_at: "2026-05-24T00:48:11.587178+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Polar Power reports FY 2024 net loss of $4.6M; sales down 6.7% but gross margin improved to 9.4%

## Summary
- 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.

## SEC filing metadata
- accession: 0001641172-25-002014
- form_type: 8-K
- ticker: POLA
- cik: 0001622345
- company_name: Polar Power, Inc.
- filed_at: 2025-04-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1622345/000164117225002014/0001641172-25-002014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1622345/000164117225002014/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-002014
- JSON: https://secwatch.observer/filing/0001641172-25-002014.json
- Plain text: https://secwatch.observer/filing/0001641172-25-002014.txt

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