Polar Power(POLA) - 2024 Q1 - Quarterly Results

Exhibit 99.1 Polar Power Reports First Quarter 2024 Financial Results ● Net sales of 4.2 million in the same period in 2023 ● Operating expenses of 1.7 million in the same period in 2023 ● Net loss was (0.12) per basic and diluted share, compared to a net loss of (0.09) per basic and diluted share in the same period in 2023 ● Working capital of 16.2 million in inventory ● Backlog ...