Polar Power Q2 net loss $271K; revenue down 42% YoY to $2.7M

Polar Power, Inc.

2025-Q2 EPS reported -$0.61 revenue$4,431,000

Net loss of $271K ($0.11 per share) vs net income of $501K ($0.20 EPS) in Q2 2024.
Revenue fell 42% to $2.7M; gross profit down 49% to $930K.
Telecom customers accounted for 92% of sales; international sales dropped to 3% from 25%.
Aftermarket parts/services revenue rose 288% YoY; company plans Q4 release of 30kW mobile EV charger.
Operating expenses reduced 24% to $1.0M; cash used in operations was $404K.

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