Polar power, inc. (POLA)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16
Net sales

24,801

24,046

14,418

-

Cost of sales

19,881

16,614

9,657

-

Net Sales

-

-

-

22,801

Cost of Sales

-

-

-

12,619

Gross profit

4,919

7,431

4,761

10,181

Operating Expenses
Sales and Marketing

2,620

2,579

1,348

424

Research and development

2,275

1,907

1,334

213

General and administrative

4,004

4,043

2,880

2,112

Depreciation and amortization

-

-

-

26

Total operating expenses

8,900

8,530

5,563

2,777

Loss from operations

-3,981

-1,098

-801

7,403

Other income (expenses)
Interest and finance costs

103

20

17

112

Interest income

-

-

54

-

Other income (expense), net

40

55

7

-27

Total other income (expense)

-63

35

44

-140

Loss before income taxes

-4,044

-1,063

-

-

Income (loss) before income taxes

-

-

-757

7,263

Income tax benefit

-

215

-

2,861

Net Loss

-4,044

-848

-757

4,402

Net loss per share, basic and diluted

-0.40

-0.08

-0.07

0.58

Weighted average shares outstanding, basic and diluted

10,125

10,143

10,143

7,564