Polar Power, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-9.1M | $-4.7M | $-6.5M | $-5.6M | $-1.4M | $-10.9M | $-4.0M | $-848.3K |
| Depreciation & Amortization | $67.0K | $167.0K | $387.0K | $507.0K | $549.0K | $622.0K | $628.0K | $385.6K |
| Depreciation | $65.0K | $160.0K | $374.0K | $489.0K | $530.0K | $595.0K | $586.0K | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | $515.0K | — | — | $78.9K | $327.5K |
| Net Cash from Operating Activities | $-1.1M | $-536.0K | $-3.4M | $-6.5M | $-9.4M | $-6.5M | $-2.2M | $-7.8M |
| Investing Activities | ||||||||
| Capital Expenditures | — | $19.0K | $194.0K | $25.0K | $71.0K | $19.0K | $338.0K | $575.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | $-19.0K | $-194.0K | $-25.0K | $-71.0K | $-19.0K | $-338.0K | $-575.0K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $763.0K | $504.0K | $4.0M | $1.6M | $12.9M | $5.4M | $-295.0K | $-138.4K |
| Net Change in Cash | $-298.0K | $-51.0K | $338.0K | $-4.9M | $3.5M | $-1.2M | $-2.8M | $-8.6M |
| Free Cash Flow | — | $-555.0K | $-3.6M | $-6.5M | $-9.5M | $-6.6M | $-2.5M | $-8.4M |