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Polar Power Inc
249 E Gardena Blvd
Phone: (310) 830-9153p:310 830-9153 GARDENA, CA  90248-2813  United States Ticker: POLAPOLA
Business Summary
Polar Power, Inc. is a provider of direct current (DC) advanced power and cooling systems. The Company’s product portfolio includes products for telecom, military, renewable energy, marine, automotive, residential, commercial, oil field and mining applications. Its systems can be configured to operate on any energy source, including photovoltaics, diesel, LPG (propane and butane), and renewable fuels. Its telecom power solutions offer cost savings with installation, permitting, site leases, and operation. Its military solutions provide power solutions for robotics, drones, communications, hybrid propulsion, and other applications. Its mobile rapid battery charging technology enables on-demand roadside charging for electric vehicles. Its combined heat and power (CHP) residential systems offer vehicle charging and integrated home power systems via natural gas or propane feedstocks. Its micro/nano-grid solutions provide lower cost energy in bad-grid or no-grid environments.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202412/31/2023YesYes--Yes

Industries
SIC Code Description
3612 Power, distribution, and specialty transformers
3621 Motors and generators
3699 Electrical machinery, equipment, and supplies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, President, Chief Executive Officer, Secretary Arthur D.Sams 73 10/1/2016 8/1/1991
Chief Financial Officer LuisZavala 55 4/1/2018 8/1/2009
Independent Director KeithAlbrecht 73 5/1/2016 5/1/2016
Independent Director Michael G.Field 61 7/25/2024 7/25/2024
Independent Director KatherineKoster 62 12/1/2019 12/1/2019

General Information
Number of Employees: 87 (As of 1/4/2024)
Outstanding Shares: 17,561,612 (As of 8/14/2024)
Shareholders: 21
Stock Exchange: NASD
Federal Tax Id: 330479020


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Wednesday, October 30, 2024