POLA 最新10-Q变化

相对上期新增的文字 · 来源:10-Q · 2026-05-20

• During the three months ended March 31, 2026 and March 31, 2025, 96% and 82%, respectively, of our total net sales were within the telecommunications market. During the first quarter of 2026, our largest customer, a Tier-1 telecommunications customer in the U.S., represented 72% of our total net sal…

• We also continue to market our DC generators for the military, advanced mobility and marine markets as part of our ongoing customer diversification strategy. The military’s increasing use of robotics, drones, and computerization in the field is driving the demand for battery charging with DC generat…

• The preparation of the Company’s financial statements in conformity with generally accepted accounting principles in the United States (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and…

• Our net sales for the three months ended March 31, 2026 were $1,728, compared to $1,723 for the three months ended March 31, 2025. We reported a net loss of $178 for the three months ended March 31, 2026, as compared to a net loss of $1,265 for the same period in 2025. Cost reductions in operating e…

• We believe revenue during the quarter ended March 31, 2026 continued to be impacted by excess inventory at our customer’s warehouse in addition to economic and geopolitical factors influencing our customers’ buying decisions.

相对上期删除的文字 · 来源:10-Q · 2025-11-19

• During the three months ended September 30, 2025 and 2024, 92% and 91%, respectively, of our total net sales were within the telecommunications market. During the three months ended September 30, 2025 and 2024, sales to international customers accounted for less than 1% and 10% of total net sales, r…

• During the nine months ended September 30, 2025 and 2024, 89% and 90%, respectively, of our total net sales were within the telecommunications market. During the nine months ended September 30, 2025 and 2024, sales to international customers accounted for 7% and 15% of total net sales, respectively;…

• We also continue to market our DC generators for the military, advanced mobility and marine markets as part of our ongoing customer diversification strategy. The military’s increasing use of robotics, drones, and computerization in the field is driving the demand for battery charging with DC generat…

• In 2025, in collaboration with ZQuip, a part of Moog Inc., we designed a DC hybrid power system tailored for construction equipment. The new model is designed for charging electric construction vehicles and ZQuip battery modules or integrated as part of a hybrid AC generator. It addresses the need t…

• We manufacture and assemble our DC power systems at two production facilities located in Gardena, California. We are currently delinquent in rent payments to our landlords for office and warehouse facilities. The landlord for our headquarters and manufacturing facility at 249 E. Gardena Blvd., Garde…

相对上期新增的文字 · 来源:10-Q · 2026-05-20

• 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 …

相对上期新增的文字 · 来源:10-Q · 2026-05-20

• We have been evicted from our headquarters facility and may face eviction from our warehouse facility; it we fail to have appropriate facilities to operate our business, our operations, financial condition and results of operations will be adversely affected.

• On May 11, 2026, we entered into a Settlement Agreement with the landlord for each of our headquarters facility and our warehouse facility that became effective as of May 7, 2026. The Settlement Agreement addressed the matter of delinquent rents and an expired lease. Regarding our headquarters facil…

• On May 19, 2026, the landlord for our headquarters facility evicted us from that facility. The headquarters facility is where we, among other things, have our offices, conduct design work, and assemble and tests our products. We are currently relocating these activities to our warehouse facility. We…

• As of the date hereof, we are pursuing third-party financing that we would use to pay the landlords and certain other expenses. There is no guarantee that we will raise sufficient capital to pay the delinquent rent or that the landlord for the headquarters facility would agree to let us use that fac…

• ● the impact of a global crisis such as the COVID-19 pandemic on the global markets;

相对上期删除的文字 · 来源:10-Q · 2025-11-19

• As a result of our history of losses and negative cash flows from operations, our management has performed an analysis and concluded that substantial doubt exists about our ability to continue as a going concern, and we may need to raise additional financing to continue our operations.

• The accompanying financial statements have been prepared under the assumption that the Company will continue as a going concern. For the nine months ended September 30, 2025, the Company recorded a net loss of $5,621 and used cash in operations of $589. Further, the Company was delinquent in its ren…

• These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the financial statements are issued. In addition, our independent registered public accounting firm, in its audit report to the financial statements included in our An…

• Based on our current operating plan, we may need to raise additional financing to continue our operations for the foreseeable future, and until we become profitable. Our future viability as an ongoing business is dependent on our ability to generate cash from our operating activities or to raise add…

• The perception that we might be unable to continue as a going concern may also make it more difficult to obtain financing for the continuation of our operations on terms that are favorable to us, or at all, and could result in the loss of confidence by investors and employees. Our consolidated finan…