Polar Power, Inc.
Income Statement
| Line Item | FY2017 | FY2016 |
|---|---|---|
| Revenue | $14.4M | $22.8M |
| Cost of Revenue | $9.7M | $12.6M |
| Gross Profit | $4.8M | $10.2M |
| Gross Margin | 33.0% | 44.7% |
| Operating Expenses | ||
| Research & Development | $1.3M | $213.9K |
| SG&A Expense | $2.9M | $2.1M |
| Operating Income | $-802.0K | $7.4M |
| Operating Margin | -5.6% | 32.5% |
| Interest Expense | $17.8K | $112.6K |
| Pretax Income | $-757.4K | $7.3M |
| Income Tax Expense | — | $2.9M |
| Net Income | $-757.4K | $4.4M |
| Net Margin | -5.3% | 19.3% |
| EPS (Basic) | $-0.07 | $0.58 |
| EPS (Diluted) | $-0.07 | $0.58 |
| Shares Outstanding (Basic) | 10.1M | 10.1M |
| Shares Outstanding (Diluted) | 10.1M | 10.1M |
| Dividends Per Share | — | — |