Polar Power, Inc. Research And Development Expense

Quick Answer

Polar Power, Inc. reported Research And Development Expense of $771.0 thousand for the year ending 2024.

  • Polar Power, Inc. showed a decrease of -36.9% in Research And Development Expense from 2023 to 2024.
  • This data is from Polar Power, Inc.'s annual report (Form 10-K), filed with the SEC on March 31, 2025.
  • XBRL data for this metric is available from 2016 to 2024 (9 years of filings). Earlier data may not exist in machine-readable XBRL format as companies adopted electronic filing at different times.
  • Quarterly values from 10-Q filings: Q1 2016: $74.6 thousand | Q2 2016: $47.2 thousand | Q3 2016: $58.6 thousand | Q1 2017: $76.0 thousand | Q2 2017: $391.0 thousand | Q3 2017: $480.4 thousand | Q1 2018: $464.1 thousand | Q2 2018: $336.6 thousand | Q3 2018: $571.3 thousand | Q1 2019: $562.0 thousand | Q2 2019: $541.0 thousand | Q3 2019: $546.0 thousand | Q1 2020: $451.0 thousand | Q2 2020: $368.0 thousand | Q3 2020: $489.0 thousand | Q1 2021: $490.0 thousand | Q2 2021: $463.0 thousand | Q3 2021: $533.0 thousand | Q1 2022: $476.0 thousand | Q2 2022: $350.0 thousand | Q3 2022: $319.0 thousand | Q1 2023: $346.0 thousand | Q2 2023: $338.0 thousand | Q3 2023: $299.0 thousand | Q1 2024: $220.0 thousand | Q2 2024: $195.0 thousand | Q3 2024: $172.0 thousand | Q1 2025: $160.0 thousand | Q2 2025: $146.0 thousand | Q3 2025: $157.0 thousand.
  • Over the full 9 years of available data (2016 to 2024), Polar Power, Inc.'s Research And Development Expense has grown by 260.4%.
  • Historical annual values: Fiscal year 2024: $771.0 thousand | Fiscal year 2023: $1.22 million | Fiscal year 2022: $1.46 million | Fiscal year 2021: $1.99 million | Fiscal year 2020: $1.72 million | Fiscal year 2019: $2.28 million | Fiscal year 2018: $1.91 million | Fiscal year 2017: $1.33 million | Fiscal year 2016: $213.9 thousand.
  • Data sourced from SEC EDGAR public filings as of August 9, 2026.

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