Polar Power, Inc. files 10-Q

Polar Power, Inc. reported a net loss of $178,000 for the first quarter of 2026, an improvement from a $1,265,000 net loss in the same period of 2025, driven by reduced cost of sales and operating expenses. However, the company faces significant going concern risks due to ongoing rent delinquencies, eviction from its headquarters, and a potential default on its credit facility.