Polar Power, Inc.
Balance Sheet
| Line Item | FY2017 | FY2016 |
|---|---|---|
| Assets | ||
| Cash & Equivalents | $14.2M | $16.2M |
| Accounts Receivable | $3.1M | $4.4M |
| Inventory | $5.5M | $4.8M |
| Total Current Assets | $23.6M | $25.7M |
| Property, Plant & Equipment | $824.1K | $737.6K |
| Goodwill | — | — |
| Intangible Assets (Excl. Goodwill) | — | — |
| Total Assets | $24.5M | $26.6M |
| Liabilities | ||
| Accounts Payable | $757.8K | $659.4K |
| Total Current Liabilities | $1.5M | $2.7M |
| Long-Term Debt | $237.1K | — |
| Total Liabilities | $1.6M | $3.0M |
| Stockholders' Equity | ||
| Retained Earnings | $3.7M | $4.4M |
| Total Stockholders' Equity | $22.9M | $23.7M |