Polar Power (NASDAQ: POLA) notifies SEC of delayed 2025 Form 10-K filing

Rhea-AI Filing Summary

Polar Power, Inc. submitted a Form 12b-25 notifying the SEC that it cannot file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 by the prescribed due date due to staffing shortages. The company states it requires additional time to complete financial statements and disclosures and expects to file no later than the fifteenth calendar day following the prescribed due date. The notice is signed by Arthur D. Sams, President and CEO, on March 31, 2026.

Key Figures

SEC File Number: 001-37960 CUSIP: 73102V204 Fiscal period: December 31, 2025 +3 more

6 metrics

SEC File Number 001-37960 cover table on Form 12b-25

CUSIP 73102V204 cover table on Form 12b-25

Fiscal period December 31, 2025 subject Annual Report fiscal year end

Filing relief timeline fifteen calendar days expected filing window after prescribed due date

Signature date March 31, 2026 signed by Arthur D. Sams

Contact phone (310) 830-9153 registrant contact in Part Other Information

Key Terms

Form 12b-25, Form 10-K, Rule 12b-25(b), prescribed due date

4 terms

Form 12b-25 regulatory

"submitted a <b>Form 12b-25</b> notifying the SEC"

Form 12b-25 is a notice a publicly traded company files with the U.S. Securities and Exchange Commission when it cannot deliver a required periodic report (like a quarterly or annual financial report) on time. It explains the reason for the delay and gives the company a short, temporary window to finish the report without being marked as delinquent; investors watch it because late filings can signal accounting, operational, or control issues that may affect a company’s reliability and stock risk, much like a missed homework deadline can raise concerns about a student’s preparedness.

Form 10-K regulatory

"unable to file its Annual Report on <b>Form 10-K</b> for the fiscal year ended"

A Form 10-K is a comprehensive report that publicly traded companies are required to file annually with regulators. It provides a detailed overview of a company's financial health, operations, and risks, similar to a detailed health report. Investors use this information to assess the company's performance and make informed decisions about buying or selling its stock.

Rule 12b-25(b) regulatory

"seeks relief pursuant to <b>Rule 12b-25(b)</b>"

prescribed due date regulatory

"by the <b>prescribed due date</b> and expects to file"

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 12b-25

NOTIFICATION OF LATE FILING

SEC FILE NUMBER

001-37960

CUSIP NUMBER

73102V204

(Check One):☒ Form 10-K    ☐ Form 20-F    ☐ Form 11-K    ☐ Form 10-Q    ☐ Form N-SAR    ☐ Form N-CSR

For Period Ended: December 31, 2025

☐Transition Report on Form 10-K
☐Transition Report on Form 20-F
☐Transition Report on Form 11-K
☐Transition Report on Form 10-Q
☐Transition Report on Form N-SAR

For the Transition Period Ended: __________________________

Read attached instruction sheet before preparing form. Please Print or Type.

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

PART I

REGISTRANT INFORMATION

Polar Power, Inc.

Full Name of Registrant

Former Name if Applicable

249 E. Gardena Boulevard

Address of Principal Executive Office (Street and Number)

Gardena, California 90248

City, State and Zip Code

PART II

RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)

	(a)	The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
☒	(b)	The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K, Form N-SAR or From N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report of transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and
	(c)	The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

PART III

NARRATIVE

State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

Polar Power, Inc. (the “Registrant”) has determined that it is unable, without unreasonable effort or expense, to file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the “Annual Report”) with the U.S. Securities Exchange Commission (the “SEC”) by the prescribed due date. The Registrant has experienced a delay in completing its financial statements and other disclosures in the Annual Report due to staffing shortages. As a result, the Registrant requires additional time for compilation of the required information to complete the Annual Report and ensure adequate disclosure of certain information required to be included in the Annual Report.

The Registrant expects to file the Annual Report no later than the fifteenth calendar day following the prescribed due date.

PART IV

OTHER INFORMATION

(1) Name and telephone number of person to contact in regard to this notification

	Arthur D. Sams		+1		(310) 830-9153
	(Name)		(Area Code)		(Telephone Number)

(2)	Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months (or for such shorter) period that the registrant was required to file such reports) been filed? If answer is no, identify report(s).		☒ Yes    ☐ No
(3)	Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?		☐ Yes    ☒ No
	If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

Polar Power, Inc.

(Name of Registrant as Specified in Charter)

Has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date: March 31, 2026	By:	/s/ Arthur D. Sams
	Name:	Arthur D. Sams
	Title:	President, Chief Executive Officer and Secretary

INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.

Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).

FAQ

Why did POLA file a Form 12b-25 instead of its 10-K?

Because the company cited staffing shortages that delayed completion of financial statements. The notice states Polar Power needs additional time to compile required disclosures and expects to file the Annual Report within fifteen calendar days following the prescribed due date.

When does Polar Power expect to file its Form 10-K for fiscal year ended December 31, 2025?

The company expects to file within fifteen calendar days following the prescribed due date. The Form 12b-25 explicitly states that timeline and attributes the delay to staffing shortages while completing required financial statements and disclosures.

Who signed the Form 12b-25 for POLA and when was it signed?

The Form 12b-25 was signed by Arthur D. Sams, President and CEO, on March 31, 2026. His signature appears on the notice as the authorized executive signing on the company's behalf.

Does the Form 12b-25 state any expected change in results of operations for POLA?

No, the filing indicates no anticipated significant change in results of operations. The form includes the checkbox question and the registered answer indicates that no significant change is anticipated to be reflected in the earnings statements.