Polar Power Inc (POLA)

[southacresdave]

The 3Q 10Q is out:

https://www.sec.gov/Archives/edgar/data/1622345/000161577418012734/s114019_10q.htm

An interesting note in it is:

"Due to an increase in production in the second quarter of 2018, we negotiated a long term supply agreement with our Yanmar engine supplier. This engine is currently used in more than 50% of the generators we ship and is the single most expensive component of our DC power systems bill of materials. The negotiated cost reduction of 25% will effect shipments beginning October 2018. We believe the price reduction for the engines will significantly decrease our cost of overall sales and improve our gross margins as sales volumes increase"

That should help margins. I'm sure this is the order they expected in 2Q that was delayed