Polar Power, Inc. (POLA)

Polar Power Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	0.32	0.66	0.3	5.19	1.74	2.93
Cash & Cash Equivalents	0.32	0.66	0.3	5.19	1.74	2.93
Cash Growth	50.94%	116.12%	-94.15%	198.51%	-40.70%	-48.83%
Receivables	1.28	1.68	2.23	4.24	1.19	0.93
Inventory	16.22	16.52	15.46	9.02	9.09	13.91
Other Current Assets	3.12	3.13	5.32	6.7	2.62	1.4
Total Current Assets	20.95	21.99	23.32	25.15	14.65	19.18
Property, Plant & Equipment	2.81	3.16	0.78	1.93	3.06	4.29
Other Long-Term Assets	0.11	0.11	0.09	0.09	0.09	0.09
Total Long-Term Assets	2.92	3.27	0.87	2.03	3.15	4.38
Total Assets	23.86	25.26	24.19	27.18	17.8	23.56
Accounts Payable	1.19	1.76	0.23	0.33	0.31	0.58
Current Debt	6.41	5.68	2.36	0.96	2.37	0.95
Other Current Liabilities	3.68	2.77	3.36	2.1	1.85	1.23
Total Current Liabilities	11.28	10.21	5.95	3.39	4.52	2.75
Long-Term Debt	1.54	1.86	0.06	0.54	1.79	2.44
Total Long-Term Liabilities	1.54	1.86	0.06	0.54	1.79	2.44
Total Liabilities	12.82	12.07	6.01	3.93	6.31	5.19
Total Debt	7.95	7.54	2.42	1.5	4.15	3.38
Debt Growth	39.83%	211.53%	61.44%	-63.90%	22.70%	180.15%
Retained Earnings	-27.8	-25.66	-19.11	-13.53	-12.11	-1.24
Shareholders' Equity	11.05	13.19	18.18	23.25	11.49	18.38
Net Cash / Debt	-7.63	-6.88	-2.12	3.7	-2.41	-0.45
Net Cash Per Share	-0.43	-0.52	-0.16	0.29	-0.22	-0.04
Working Capital	9.67	11.78	17.37	21.76	10.12	16.43
Book Value Per Share	0.63	0.99	1.41	1.83	1.06	1.81

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).