Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $14.4M | $24.0M | $24.8M | $9.03M | $16.9M | $16.1M | $15.3M | $14.0M | $6.30M |
| Revenue growth | — | — | 66.8% | 3.1% | -63.6% | 87.1% | -5.0% | -4.8% | -8.7% | -54.9% |
| Gross profit | $10.2M | $4.76M | $7.43M | $4.92M | -$5.62M | $3.44M | $2.13M | $695K | $1.31M | -$3.16M |
| Gross margin | — | 33.0% | 30.9% | 19.8% | -62.3% | 20.4% | 13.2% | 4.5% | 9.4% | -50.1% |
| Operating income | $7.40M | -$802K | -$1.10M | -$3.98M | -$13.0M | -$3.10M | -$5.53M | -$5.99M | -$4.38M | -$8.42M |
| Operating margin | — | -5.6% | -4.6% | -16.1% | -143.5% | -18.3% | -34.5% | -39.2% | -31.3% | -133.6% |
| Net income | $4.40M | -$757K | -$848K | -$4.04M | -$10.9M | -$1.41M | -$5.58M | -$6.55M | -$4.68M | -$9.13M |
| Net margin | — | -5.3% | -3.5% | -16.3% | -120.4% | -8.4% | -34.8% | -42.8% | -33.5% | -144.9% |
| EPS (diluted) | $0.58 | -$0.07 | -$0.08 | -$0.40 | -$1.01 | -$0.11 | -$0.43 | -$3.45 | -$1.86 | -$3.59 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $627K | -$1.59M | -$7.85M | -$2.17M | -$6.55M | -$9.38M | -$6.51M | -$3.43M | -$536K | -$1.06M |
| Capital expenditures | $165K | $342K | $575K | $338K | $19.0K | $71.0K | $25.0K | $194K | $19.0K | — |
| Free cash flow | $462K | -$1.93M | -$8.42M | -$2.50M | -$6.57M | -$9.45M | -$6.53M | -$3.62M | -$555K | — |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $16.2M | $14.2M | $5.64M | $2.84M | $1.65M | $5.10M | $211K | $549K | $498K | $200K |
| Total assets | $26.6M | $24.5M | $25.2M | $23.6M | $17.8M | $27.2M | $24.2M | $25.3M | $17.5M | $10.4M |
| Total liabilities | $2.98M | $1.62M | $2.86M | $5.19M | $6.31M | $3.93M | $6.01M | $12.1M | $9.03M | $10.3M |
| Long-term debt | — | $237K | $1.21M | $1.11M | $777K | $510K | $268K | $64.0K | — | — |
| Shareholders' equity | $23.7M | $22.9M | $22.4M | $18.4M | $11.5M | $23.3M | $18.2M | $13.2M | $8.51M | $144K |
| Retained earnings | $4.41M | $3.65M | $2.80M | -$1.24M | -$12.1M | -$13.5M | -$19.1M | -$25.7M | -$30.3M | -$39.5M |
| Shares (wtd avg diluted) | 10.1M | 10.1M | 10.1M | 10.1M | 11.8M | 12.7M | 12.9M | 1.90M | 2.51M | 2.54M |
Every figure is extracted from Polar Power, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.