Polar Power, Inc. (POLA) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -2.19M | -472K | 399K | -404K | -584K | -382K | -590K | 1.18M | -743K | -346K | -280K | -1.65M | -1.16M | -1.98M | -2.22M | -1.46M | -847K | -2.49M | -759K | -2.75M |
| Operating CF Margin % | -126.79% | -78.67% | 31.34% | -14.92% | -33.89% | -14.57% | -12.01% | 25.3% | -41.86% | -9.6% | -14.65% | -29.5% | -27.59% | -31.02% | -130.11% | -34.25% | -22.84% | -53.86% | -18.35% | -56.74% |
| Operating CF Growth % | -275.17% | -23.56% | 167.63% | -134.27% | 21.4% | -10.4% | -110.71% | 171.54% | 35.73% | 82.48% | 87.39% | -12.57% | -36.48% | 20.68% | -192.62% | 46.76% | 74.95% | -528.79% | 69.4% | -52.35% |
| Net Income | -178K | -3.51M | -4.08M | -271K | -1.26M | -3.05M | 13K | 501K | -2.14M | -3.15M | -1.84M | -436K | -1.11M | -1.34M | -2.38M | -739K | -1.12M | 413K | 942K | -866K |
| Depreciation & Amortization | 16K | 16K | 17K | 17K | 17K | 21K | 25K | 55K | 66K | 78K | 83K | 110K | 116K | 120K | 123K | -37K | 301K | -355K | 296K | 297K |
| Stock-Based Compensation | 0 | 8K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 515K | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -427K | 0 | 2.42M | 0 | 0 | 654K | 0 | 2.25M | 932K | 450K | -1.47M | 1.13M | 1.84M | -515K | 515K | 2.38M | 1.23M | -4M | -1.72M | 907K |
| Working Capital Changes | -1.6M | 3.02M | 2.04M | -150K | 664K | 1.99M | -628K | -1.62M | 1.33M | 2.28M | 1.48M | -1.32M | -159K | -751K | -478K | -688K | -28K | 1.45M | -282K | -2.18M |
| Change in Receivables | -1.18M | 526K | 1.18M | -344K | 466K | 796K | -3.43M | 1.76M | 394K | -94K | 2.14M | -502K | -986K | -1.01M | 2.78M | -377K | 626K | -722K | 1.36M | -2.17M |
| Change in Inventory | -114K | 1.58M | 49K | 142K | -241K | 1.24M | 1.67M | 445K | -626K | 2.29M | -1.47M | -814K | -1.42M | 165K | -3.64M | -1.5M | -1.47M | -419K | -381K | 337K |
| Change in Payables | 111K | 422K | 641K | 149K | 309K | 62K | -251K | -597K | -568K | -226K | 559K | 405K | 794K | -195K | 290K | -409K | 216K | 118K | -163K | -52K |
| Cash from Investing | 0 | 0 | 0 | 0 | 0 | -1K | 0 | -18K | 0 | 194K | 0 | -194K | 0 | -15K | -10K | -7K | -8K | -57K | -14K | 0 |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | -1K | 18K | -18K | 0 | 194K | 0 | -194K | 0 | -15K | -10K | -7K | -8K | -57K | -14K | 0 |
| CapEx % of Revenue | - | - | - | - | - | 0.04% | 0.37% | 0.39% | - | 5.38% | - | 3.47% | - | 0.24% | 0.59% | 0.16% | 0.22% | 1.23% | 0.34% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | -18K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8K | -57K | -14K | 0 |
| Cash from Financing | 2.02M | 668K | -570K | 511K | 154K | 383K | -31K | -254K | 406K | 599K | 284K | 2.02M | 1.06M | 1.82M | -62K | -59K | -60K | -58K | -59K | -70K |
| Debt Issued (Net) | -406K | -89K | -570K | 511K | 154K | -1.86M | -31K | -254K | 406K | -957K | 284K | -1.03M | 1.06M | 1.82M | -62K | -59K | -60K | -58K | -59K | -70K |
| Equity Issued (Net) | 2.42M | 757K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 2.25M | 0 | 0 | 0 | 1.56M | 0 | 3.04M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | -173K | 196K | -171K | 107K | -430K | 0 | -621K | 907K | -337K | 253K | 4K | 173K | -92K | -152K | -2.29M | -1.53M | -915K | -2.6M | -832K | -2.82M |
| Free Cash Flow | -2.19M | -472K | 399K | -404K | -584K | -382K | -590K | -1.08M | -743K | -152K | -280K | -1.84M | -1.16M | -1.99M | -2.23M | -1.47M | -855K | -2.55M | -773K | -2.75M |
| FCF Margin % | -126.79% | -78.67% | 31.34% | -14.92% | -33.89% | -14.57% | -12.01% | -23.28% | -41.86% | -4.22% | -14.65% | -32.97% | -27.59% | -31.26% | -130.7% | -34.42% | -23.05% | -55.09% | -18.69% | -56.74% |
| FCF Growth % | -275.17% | -23.56% | 167.63% | 62.77% | 21.4% | -151.32% | -110.71% | 41.1% | 35.73% | 92.36% | 87.45% | -25.22% | -35.2% | 21.87% | -188.62% | 46.51% | 74.71% | -518.2% | 68.87% | -52.35% |
| FCF per Share | -0.63 | -0.19 | 0.16 | -0.16 | -0.23 | -0.15 | -0.24 | -0.14 | -0.09 | -0.01 | -0.02 | -0.14 | -0.09 | -0.15 | -0.17 | -0.12 | -0.07 | -0.20 | -0.06 | -0.22 |
| FCF Conversion (FCF/Net Income) | 12.31x | 0.13x | -0.10x | 1.49x | 0.46x | 0.13x | -45.38x | 2.35x | 0.35x | 0.11x | 0.15x | 3.78x | 0.91x | 1.42x | 0.93x | 1.94x | 0.75x | -6.03x | -0.81x | 3.18x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |