Polar Power (POLA)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	498.00 k	498.00 k	498.00 k	498.00 k	498.00 k	498.00 k
Cash burn (monthly)	207.00 k	(no burn)	(no burn)	370.92 k	196.67 k	62.17 k
Cash used (since last report)	829.12 k	n/a	n/a	1.49 mm	787.73 k	249.00 k
Cash remaining	-331.12 k	n/a	n/a	-987.68 k	-289.73 k	249.00 k
Runway (months of cash)	-1.6	n/a	n/a	-2.7	-1.5	4.0

Beta Read what these cash burn values mean

Financial data from Polar Power earnings reports.

Institutional ownership, Q2 2024

POLA institutional ownership history Ownership history

46.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	7	25	-72.0%
Opened positions	0	23	EXIT
Closed positions	18	0	NEW
Increased positions	1	0	NEW
Reduced positions	1	1	–

13F shares	Current	Prev Q	Change
Total value	70.66 mm	1.78 bn	-96.0%
Total shares	1.18 mm	4.32 mm	-72.8%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Lind Global Fund II	1.00 mm	$461.00 k	0.0%
Geode Capital Management	80.49 k	$32.13 mm	+27.9%
Renaissance Technologies	61.96 k	$24.72 mm	-10.6%
Trellis Wealth Advisors	17.39 k	$6.94 mm	0.0%
Claudia M.P. Batlle, CRP	16.00 k	$6.38 mm	0.0%
CoreCap Advisors	48.00	$19.00 k	0.0%
VisionPoint Advisory	10.00	$4.00 k	0.0%
Proequities	0.00	$0.00

Largest transactions	Shares	Bought/sold	Change
Bard Associates	0.00	-2.79 mm	EXIT
BLK BlackRock	0.00	-85.90 k	EXIT
Vanguard	0.00	-80.11 k	EXIT
Citadel Advisors	0.00	-49.64 k	EXIT
Jane Street	0.00	-32.29 k	EXIT
STT State Street	0.00	-31.55 k	EXIT
Virtu Financial	0.00	-24.56 k	EXIT
Two Sigma Securities	0.00	-20.88 k	EXIT
HRT Financial	0.00	-17.82 k	EXIT
Geode Capital Management	80.49 k	+17.56 k	+27.9%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

News

From Benzinga Pro

12 Industrials Stocks Moving In Thursday's Pre-Market Session

2 Jan 25

12 Industrials Stocks Moving In Monday's Pre-Market Session

25 Nov 24

Polar Power Plans To Effect A Reverse Stock Split Of Its Common Stock At A Ratio Of 1 Post-split Share For Every 7 Pre-split Shares

15 Nov 24

The Company's common stock will continue to be traded on the Nasdaq Capital Market under the symbol "POLA" and will begin trading on a split-adjusted basis when the market opens on November 19, 2024. The reverse stock

Press releases

From Benzinga Pro

Polar Power Announces Receipt of Letter from Nasdaq Acknowledging Listing Compliance

30 Dec 24

GARDENA, CA, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ:POLA) ("Polar Power"), a global provider of prime, backup, solar hybrid power, and microgrid solutions, is pleased to announce that it has

Polar Power Announces Reverse Stock Split

15 Nov 24

GARDENA, CA, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ:POLA) ("Polar Power"), a global provider of prime, backup, solar hybrid power, and microgrid solutions, today announced that it intends to effect