Polar Power, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Line of Credit (Details Narrative)

Line of Credit (Details Narrative) - USD ($) $ in Thousands		12 Months Ended
Line of Credit (Details Narrative) - USD ($) $ in Thousands	Jun. 04, 2019	Dec. 31, 2020	Dec. 31, 2019
Proceeds from advanced on revolving credit facility		$ 2,500
Payment of revolving credit facility		2,500
Loan and Security Agreement [Member] \| Pinnacle Bank [Member]
Proceeds from advanced on revolving credit facility		2,500
Payment of revolving credit facility		2,500
Line of credit outstanding balance
Line of credit remaining borrowing capacity		$ 1,070
Line of credit facility, initial expiration date		Sep. 30, 2022
Line of credit facility, additional renewal term		1 year
Line of credit facility, description		The Loan Agreement provides for a revolving credit facility under which Pinnacle may make advances to the Company, subject to certain limitations and adjustments, of up to (a) 85% of the aggregate net face amount of the Company's accounts receivable and other contract rights and receivables, plus (b) the lesser of (i) 35% of the lower of cost or wholesale market value of certain inventory of the Company or (ii) $2,500.
Line of credit facility, maximum borrowing capacity		$ 4,000
Line of credit facility, interest rate description		Interest accrues on the daily balance at a rate of 1.25% above the prime rate (the "Standard Interest Rate"), but in no event shall the Standard Interest Rate be less than 3.75% per annum. Interest on the portion of the daily balance consisting of advances against inventory accrues interest at a rate of 2.25% above the prime rate per annum (the "Inventory Interest Rate"), but in no event shall the Inventory Interest Rate be less than 4.75% per annum.
Line of credit facility,fee percentage		1.125%
Loan and Security Agreement [Member] \| Pinnacle Bank [Member] \| Minimum [Member]
Obligation to pay		$ 6,000
Loan and Security Agreement [Member] \| Pinnacle Bank [Member] \| Standard Interest Rate [Member]
Line of credit facility, interest rate during period		1.25%
Loan and Security Agreement [Member] \| Pinnacle Bank [Member] \| Standard Interest Rate [Member] \| Maximum [Member]
Line of credit facility, interest rate during period		3.75%
Loan and Security Agreement [Member] \| Pinnacle Bank [Member] \| Inventory Interest Rate [Member]
Line of credit facility, interest rate during period		2.25%
Loan and Security Agreement [Member] \| Pinnacle Bank [Member] \| Inventory Interest Rate [Member] \| Maximum [Member]
Line of credit facility, interest rate during period		4.75%
Supplier Agreement [Member]
Description covenant terms	(i) the annual discount rate (which is equal to the 90-day London Inter-bank Offered Rate plus 1.00%) and (ii) the discount acceptance period (which is equal the number of days in the payment terms less the number of days necessary to approve the invoice) divided by 360.
Supplier Agreement [Member] \| Citibank, N.A [Member]
Accounts receivables sold to Citibank		$ 2,621	13,229
Incurred fees		$ 12	$ 52