Polar Power, Inc. (POLA) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 1.73M | 600K | 1.27M | 2.71M | 1.72M | 2.62M | 4.91M | 4.66M | 1.77M | 3.6M | 1.91M | 5.59M |
| Revenue Growth % | 0.29% | -77.12% | -74.09% | -41.89% | -2.93% | -27.27% | 157.14% | -16.59% | -57.64% | -43.37% | 11.95% | 30.72% |
| Cost of Goods Sold | 593K | 2.75M | 3.53M | 1.78M | 1.4M | 4.16M | 3.49M | 2.83M | 2.18M | 5.03M | 2.02M | 4.11M |
| COGS % of Revenue | 34.32% | 457.5% | 277.53% | 65.66% | 81.43% | 158.73% | 71.02% | 60.69% | 122.82% | 139.64% | 105.65% | 73.6% |
| Gross Profit | 1.14M | -2.14M | -2.26M | 930K | 320K | -1.54M | 1.42M | 1.83M | -405K | -1.43M | -108K | 1.48M |
| Gross Margin % | 65.68% | -357.17% | -177.53% | 34.34% | 18.57% | -58.73% | 28.98% | 39.31% | -22.82% | -39.64% | -5.65% | 26.4% |
| Gross Profit Growth % | 254.69% | -39.16% | -258.71% | -49.24% | 179.01% | -7.77% | 1418.52% | 24.2% | -153.64% | -451.97% | 56.28% | 39.02% |
| Operating Expenses | 1.11M | 1.19M | 1.16M | 1.04M | 1.42M | 1.36M | 1.38M | 1.37M | 1.58M | 1.54M | 1.56M | 1.78M |
| OpEx % of Revenue | 64.29% | 198.5% | 91.28% | 38.4% | 82.47% | 51.72% | 28.16% | 29.44% | 88.85% | 42.8% | 81.89% | 31.95% |
| Selling, General & Admin | 942K | 1.01M | 1M | 894K | 1.26M | 1.17M | 1.21M | 1.18M | 1.36M | 1.3M | 1.27M | 1.45M |
| SG&A % of Revenue | 54.51% | 167.83% | 78.95% | 33.01% | 73.19% | 44.66% | 24.66% | 25.26% | 76.45% | 36.17% | 66.25% | 25.9% |
| Research & Development | 169K | 184K | 157K | 146K | 160K | 185K | 172K | 195K | 220K | 239K | 299K | 338K |
| R&D % of Revenue | 9.78% | 30.67% | 12.33% | 5.39% | 9.29% | 7.06% | 3.5% | 4.18% | 12.39% | 6.63% | 15.65% | 6.05% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 24K | -3.33M | -3.42M | -110K | -1.1M | -2.9M | 40K | 460K | -1.98M | -2.97M | -1.67M | -310K |
| Operating Margin % | 1.39% | -555.83% | -268.81% | -4.06% | -63.9% | -110.45% | 0.81% | 9.87% | -111.49% | -82.44% | -87.55% | -5.55% |
| Operating Income Growth % | 102.18% | -15.16% | -8655% | -123.91% | 44.37% | 2.56% | 102.39% | 248.39% | -91.21% | -124.3% | 29.59% | 57.24% |
| EBITDA | 40K | -3.32M | -3.4M | -93K | -1.08M | -2.88M | 65K | 515K | -1.91M | -2.89M | -1.59M | -200K |
| EBITDA Margin % | 2.31% | -553.17% | -267.48% | -3.43% | -62.91% | -109.65% | 1.32% | 11.05% | -107.77% | -80.28% | -83.25% | -3.58% |
| EBITDA Growth % | 103.69% | -15.44% | -5338.46% | -118.06% | 43.34% | 0.66% | 104.09% | 357.5% | -108.16% | -140.17% | 29.35% | 66.44% |
| D&A (Non-Cash Add-back) | 16K | 16K | 17K | 17K | 17K | 21K | 25K | 55K | 66K | 78K | 82K | 110K |
| EBIT | 24K | -3.33M | -3.42M | -100K | -1.1M | -2.9M | 166K | 460K | -1.98M | -2.97M | -1.67M | -310K |
| Net Interest Income | -202K | -177K | -208K | -171K | -164K | -153K | -153K | 41K | -163K | -184K | -171K | -126K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 220K | 0 | 0 | 0 | 0 |
| Interest Expense | 202K | 177K | 208K | 171K | 164K | 153K | 153K | 179K | 163K | 184K | 171K | 126K |
| Other Income/Expense | -202K | -177K | -663K | -161K | -164K | -153K | -27K | 41K | -163K | -183K | -171K | -126K |
| Pretax Income | -178K | -3.51M | -4.08M | -271K | -1.26M | -3.05M | 13K | 501K | -2.14M | -3.15M | -1.84M | -436K |
| Pretax Margin % | -10.3% | -585.33% | -320.9% | -10.01% | -73.42% | -116.29% | 0.26% | 10.75% | -120.68% | -87.52% | -96.49% | -7.8% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -178K | -3.51M | -4.08M | -271K | -1.26M | -3.05M | 13K | 501K | -2.14M | -3.15M | -1.84M | -436K |
| Net Margin % | -10.3% | -585.33% | -320.9% | -10.01% | -73.42% | -116.29% | 0.26% | 10.75% | -120.68% | -87.52% | -96.49% | -7.8% |
| Net Income Growth % | 85.93% | -15.19% | -31523.08% | -154.09% | 40.94% | 3.36% | 100.7% | 214.91% | -68.79% | -126.98% | 22.72% | 42.1% |
| Net Income (Continuing) | -178K | -3.51M | -4.08M | -271K | -1.26M | -3.05M | 13K | 501K | -2.14M | -3.15M | -1.84M | -436K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.05 | -1.36 | -1.63 | -0.11 | -0.50 | -1.22 | 0.01 | 0.06 | -0.27 | -0.24 | -0.14 | -0.03 |
| EPS Growth % | 89.76% | -11.48% | - | -273.5% | -85.19% | -408.33% | 103.71% | 288.13% | -175.51% | -118.18% | 26.32% | 42.78% |
| EPS (Basic) | -0.05 | -1.36 | -1.63 | -0.11 | -0.50 | -1.22 | 0.01 | 0.06 | -0.27 | -0.24 | -0.14 | -0.03 |
| Diluted Shares Outstanding | 3.48M | 2.54M | 2.51M | 2.51M | 2.51M | 2.51M | 2.51M | 7.9M | 7.9M | 13.29M | 12.95M | 12.95M |
| Basic Shares Outstanding | 3.48M | 2.54M | 2.51M | 2.51M | 2.51M | 2.51M | 2.51M | 7.9M | 7.9M | 13.29M | 12.95M | 12.95M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - |