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Polar Power, Inc.: 10-Q filed 2019-08-14

What Polar Power, Inc. reported in its quarterly report filed 2019-08-14 (fiscal Q2 2019): 35 published measures, 95 facts as tagged in accession 0001213900-19-015855.

This filing

Form
10-Q (quarterly report)
Filed
2019-08-14
Fiscal period
fiscal Q2 2019
Accession
0001213900-19-015855 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Polar Power, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2019-06-3029,561,174USD
At 2018-12-3125,240,106USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2019-06-306,383,775USD
At 2018-12-312,858,085USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2019-06-3023,177,399USD
At 2019-03-3122,531,668USD
At 2018-12-3122,382,021USD
At 2018-06-3022,935,824USD
At 2018-03-3122,608,719USD
At 2017-12-3122,902,802USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2019-06-305,430,916USD
At 2018-12-315,640,078USD
At 2018-06-3011,714,036USD
At 2017-12-3114,201,163USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2019-04-01 to 2019-06-30566,787USD91
2019-01-01 to 2019-06-30637,490USD181
2018-04-01 to 2018-06-30223,441USD91
2018-01-01 to 2018-06-30-95,361USD181

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2019-01-01 to 2019-06-3061,905USD181
2018-01-01 to 2018-06-30-2,293,728USD181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2019-01-01 to 2019-06-30176,483USD181
2018-01-01 to 2018-06-30138,821USD181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2019-04-01 to 2019-06-309,236,548USD91
2019-01-01 to 2019-06-3016,983,333USD181
2018-04-01 to 2018-06-305,815,775USD91
2018-01-01 to 2018-06-3010,687,687USD181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2019-01-01 to 2019-06-30-94,584USD181
2018-01-01 to 2018-06-30-54,578USD181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2019-01-01 to 2019-06-30-176,483USD181
2018-01-01 to 2018-06-30-138,821USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2019-06-303,440,071USD
At 2018-12-312,802,581USD

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2019-06-302,117,906USD
At 2018-12-312,122,757USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2019-01-01 to 2019-06-30128,383USD181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2019-04-01 to 2019-06-30572,578USD91
2019-01-01 to 2019-06-30650,803USD181
2018-04-01 to 2018-06-30238,260USD91
2018-01-01 to 2018-06-30-89,057USD181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2019-06-3024,858,483USD
At 2018-12-3123,023,348USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2019-04-01 to 2019-06-3010,012USD91
2019-01-01 to 2019-06-3020,713USD181
2018-04-01 to 2018-06-302,394USD91
2018-01-01 to 2018-06-305,404USD181

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2019-06-303,573,438USD
At 2018-12-311,933,546USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2019-06-301,367,138USD
At 2018-12-311,066,415USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2019-06-305,900,897USD
At 2018-12-317,726,919USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2019-04-01 to 2019-06-302,389,566USD91
2019-01-01 to 2019-06-304,703,366USD181
2018-04-01 to 2018-06-301,823,929USD91
2018-01-01 to 2018-06-303,634,884USD181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2019-06-3012,125,062USD
At 2018-12-318,471,769USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2019-04-01 to 2019-06-302,962,144USD91
2019-01-01 to 2019-06-305,354,169USD181
2018-04-01 to 2018-06-302,062,189USD91
2018-01-01 to 2018-06-303,545,827USD181

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2019-04-01 to 2019-06-306,274,404USD91
2019-01-01 to 2019-06-3011,629,164USD181
2018-04-01 to 2018-06-303,753,586USD91
2018-01-01 to 2018-06-307,141,860USD181

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2019-04-01 to 2019-06-30541,380USD91
2019-01-01 to 2019-06-301,103,650USD181
2018-04-01 to 2018-06-30336,580USD91
2018-01-01 to 2018-06-30800,681USD181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2019-06-3010,143,158shares
At 2018-12-3110,143,158shares

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2019-06-302,490,784USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2019-06-302,537,585USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2019-06-302,873,230USD
At 2018-12-313,582,860USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2019-06-301,755,324USD
At 2018-12-311,460,103USD

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2019-04-01 to 2019-06-301,152,748USD91
2019-01-01 to 2019-06-302,274,244USD181
2018-04-01 to 2018-06-30847,517USD91
2018-01-01 to 2018-06-301,584,034USD181

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2019-04-01 to 2019-06-30151,959USD91
2019-01-01 to 2019-06-30295,221USD181
2018-04-01 to 2018-06-3078,598USD91
2018-01-01 to 2018-06-30154,947USD181

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2019-04-01 to 2019-06-30-5,791USD91
2019-01-01 to 2019-06-30-13,313USD181
2018-04-01 to 2018-06-30-14,819USD91
2018-01-01 to 2018-06-30-6,304USD181

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2019-01-01 to 2019-06-30-1,826,022USD181
2018-01-01 to 2018-06-301,173,814USD181

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2019-01-01 to 2019-06-303,653,293USD181
2018-01-01 to 2018-06-30797,992USD181

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2019-01-01 to 2019-06-30300,723USD181
2018-01-01 to 2018-06-30-346,997USD181

Inspect the source

Entity
Polar Power, Inc. / CIK 0001622345
Captured
2026-09-21T17:21:52.050Z
SEC response SHA-256
06d5418c20aeefc9c388291c359f6cab2420c618e3f61cf9e31d46e5d407e71b

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001622345.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))