Polar Power, Inc.
For the period ended Mar 31, 2026. Filed May 20, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 20, 2026
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ITEM 1. Legal Proceedings
From time to time, we may be involved in general commercial disputes arising in the ordinary course of our business. Other than as disclosed below, we are not currently involved in legal proceedings that could reasonably be expected to have material adverse effect on our business, prospects, financial condition or results of our operation.
On May 19, 2026, we were evicted from 249 E. Gardena Boulevard, Gardena, California 90248, our headquarters facility, under a writ of possession for the recovery by the landlord of such facility. See “Note 10 – Subsequent Events – Headquarters and Warehouse Facilities” of the Notes to our condensed financial statements.
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