Welcome to our dedicated page for Polar Power SEC filings (Ticker: POLA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Polar Power, Inc. filings document the public-company record for a manufacturer of DC generators, battery charging systems, EV chargers, microgrids, backup power and related cooling systems. Its 8-K reports include operating results, Regulation FD disclosures, material agreements, equity offering arrangements and Nasdaq continued-listing notices.
Proxy and annual-meeting materials describe board elections, auditor ratification, equity incentive plan approvals and shareholder voting matters. Periodic-report and late-filing notices cover Form 10-K and Form 10-Q reporting obligations, while registration-related documents and at-the-market sales agreements disclose common stock issuance mechanics, capital structure and related governance disclosures.
Polar Power, Inc. filed a Form 12b-25 notifying the SEC that it cannot timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2026. The company attributes the delay to completing financial statements and disclosures and expects to file the Form 10-Q no later than the fifth calendar day following the prescribed due date.
The notice was signed by Arthur D. Sams, President and CEO, on May 15, 2026. The filing cites Rule 12b-25 relief and states the delay could not be eliminated without unreasonable effort or expense.
Polar Power, Inc. entered into a Revolving Loan Agreement with Stone Brothers Capital, creating a revolving credit facility of up to $2,500,000. The lender may, at its sole discretion, advance loans that bear interest at an annual rate of 12% and mature on the first anniversary of the closing date.
The company plans to use loan proceeds for general corporate purposes, including expenses related to a Qualified Public Equity Offering for proceeds up to $6,000,000. As a closing condition, two current directors must resign and three lender‑designated individuals will be appointed to the board. Two independent directors have submitted resignations effective May 19, 2026.
Polar Power, Inc. received a Nasdaq notice that it is not meeting continued listing standards because it reported stockholders’ equity of $144,000 as of December 31, 2025, below the required $2.5 million. The company has 45 days to submit a compliance plan and, if accepted, 180 days from the notice date to regain compliance. The letter does not immediately affect trading, and Polar Power’s shares will continue to trade on Nasdaq under the symbol POLA while it works on a remediation plan.
Polar Power, Inc. reports significant operating losses and liquidity pressures in its annual report, alongside a detailed description of its DC power generation business focused on telecommunications, military, EV charging and mini-grid markets. For 2025, the company recorded a net loss of $9,133 (thousands) and used $1,061 (thousands) of cash in operating activities, leading auditors to raise substantial doubt about its ability to continue as a going concern. Management outlines multiple mitigation steps, including cost reductions, sales diversification and expanded aftermarket parts revenue, but notes that failure to secure sufficient funding may force cuts to operations. Polar highlights heavy dependence on telecommunications customers, especially U.S. Tier‑1 carriers, with 88% of 2025 net sales from this sector, and a sales backlog of $4,306 (thousands) as of December 31, 2025, mostly tied to 5G-related DC power systems. To address liquidity needs, the company entered into an at‑the‑market equity program, selling 166,127 shares in 2025 and 962,500 shares through April 15, 2026 for combined net proceeds of $3,182 (thousands), and also entered into a small high‑cost loan with World Wide Capital Management. Polar is negotiating with landlords over delinquent rents after one initiated, then paused, eviction proceedings, and is operating under a forbearance agreement on its $7,500 (thousands) revolving credit facility after falling out of its minimum tangible net worth covenant.
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.
Bard Associates, Inc. filed an amended Schedule 13G reporting beneficial ownership of 2,928 shares of Polar Power, Inc. common stock, representing 0.1% of the class. Bard reports no sole voting or dispositive power and shared dispositive power over all reported shares.
The firm states that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Polar Power. Bard also confirms it now owns 5% or less of the company’s common stock.
Polar Power, Inc. held its 2025 annual stockholder meeting on December 15, 2025, where stockholders approved all six proposals on the ballot.
Four directors – Arthur D. Sams, Keith Albrecht, Michael Field and Katherine Koster – were elected with roughly 886,000 to 896,000 votes each. Stockholders ratified Weinberg & Company, P.A. as independent auditor with 1,510,401 votes for, and approved the Polar Power 2026 Equity Incentive Plan, which will be effective January 1, 2026, with 862,506 votes for and 40,576 against.
In advisory votes, stockholders approved executive compensation with 864,824 votes for and chose an annual say‑on‑pay frequency, which the board adopted until at least the 2026 annual meeting. They also supported granting the meeting chair discretionary authority to adjourn the meeting, if needed, to solicit additional proxies related to the equity plan.
Polar Power, Inc. (POLA) filed a Form 8-K to announce that it released financial results for the three months ended September 30, 2025. The company issued a press release on November 20, 2025, and attached it as Exhibit 99.1 to this report. The filing states that the earnings information under Items 2.02 and 7.01, including the press release, is being furnished rather than filed, which limits certain legal liabilities under securities laws. The company also notes that it does not undertake to update forward-looking statements except as required by law.
Polar Power, Inc. (POLA) reported a sharp downturn in Q3 2025, with net sales of $1,273 versus $4,914 a year earlier and a net loss of $4,085 versus prior net income of $13. For the nine months ended September 30, 2025, net sales fell to $5,704 from $11,348 and the net loss widened to $5,621 from $1,628.
Gross margin turned negative, driven by a $1,967 inventory write-down and a $455 impairment of lease right-of-use assets and deposits. Cash fell to $4 with a $4,652 line-of-credit balance and total stockholders’ equity of $2,899, leading auditors and management to express substantial doubt about the company’s ability to continue as a going concern.
The company is delinquent on facility rent, faces an eviction summons for its main plant, and is out of compliance with key covenants on its $7,500 Pinnacle Bank revolving credit facility. To bolster liquidity, Polar Power established an ATM equity program for up to $2,382 and had raised about $714 by selling 147,144 shares as of November 19, 2025. Despite current stress, backlog reached $5,283, including a $674 military generator contract, a $1,700 mobile EV charger order and about $850 of new telecom orders.
Polar Power, Inc. filed a Form 12b-25 to notify that it will not submit its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025 by the normal deadline. The company cites delays in completing its financial statements and related disclosures, which it attributes to staffing shortages, and notes that its independent registered public accounting firm also needs more time to complete its review.
Polar Power states that it expects to file the delayed Form 10-Q no later than the fifth calendar day following the prescribed due date, using the standard extension period allowed under SEC rules for late quarterly reports.