PolarityTE Inc
NASDAQ:PTE
Income Statement
Earnings Waterfall
PolarityTE Inc
Revenue
|
73k
USD
|
Cost of Revenue
|
-125k
USD
|
Gross Profit
|
-52k
USD
|
Operating Expenses
|
-21.9m
USD
|
Operating Income
|
-21.9m
USD
|
Other Expenses
|
13.6m
USD
|
Net Income
|
-8.3m
USD
|
Income Statement
PolarityTE Inc
Jan-2013 | Apr-2013 | Jul-2013 | Oct-2013 | Jan-2014 | Apr-2014 | Jul-2014 | Oct-2014 | Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
90
N/A
|
69
-23%
|
64
-7%
|
47
-26%
|
46
-3%
|
39
-14%
|
38
-3%
|
34
-10%
|
16
-54%
|
14
-10%
|
13
-13%
|
7
-47%
|
4
-43%
|
2
-60%
|
0
-72%
|
0
N/A
|
(1)
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
+4 200%
|
2
+263%
|
3
+94%
|
4
+30%
|
4
+7%
|
6
+35%
|
5
-10%
|
6
+18%
|
8
+32%
|
10
+26%
|
14
+37%
|
14
+2%
|
12
-16%
|
9
-21%
|
5
-42%
|
3
-45%
|
2
-38%
|
1
-56%
|
0
-91%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(62)
|
(50)
|
(48)
|
(35)
|
(37)
|
(34)
|
(33)
|
(29)
|
(12)
|
(10)
|
(9)
|
(3)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(6)
|
(6)
|
(5)
|
(4)
|
(3)
|
(2)
|
(1)
|
(1)
|
(0)
|
|
Gross Profit |
28
N/A
|
19
-33%
|
16
-12%
|
12
-25%
|
8
-31%
|
5
-35%
|
5
-2%
|
6
+7%
|
4
-36%
|
4
+20%
|
4
-10%
|
3
-18%
|
2
-25%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
+1 900%
|
1
+180%
|
1
+121%
|
2
+44%
|
2
+22%
|
3
+46%
|
3
-9%
|
4
+22%
|
5
+35%
|
6
+19%
|
8
+37%
|
8
+3%
|
7
-19%
|
5
-22%
|
3
-45%
|
1
-60%
|
1
-43%
|
0
-69%
|
(0)
N/A
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(32)
|
(28)
|
(26)
|
(23)
|
(22)
|
(20)
|
(19)
|
(19)
|
(13)
|
(11)
|
(9)
|
(6)
|
(5)
|
(4)
|
(5)
|
(4)
|
(8)
|
(118)
|
(121)
|
(131)
|
(143)
|
(44)
|
(56)
|
(70)
|
(67)
|
(74)
|
(74)
|
(97)
|
(88)
|
(75)
|
(61)
|
(48)
|
(40)
|
(40)
|
(38)
|
(38)
|
(36)
|
(33)
|
(30)
|
(26)
|
(22)
|
|
Selling, General & Administrative |
(24)
|
(21)
|
(19)
|
(17)
|
(17)
|
(16)
|
(16)
|
(16)
|
(12)
|
(10)
|
(9)
|
(6)
|
(5)
|
(4)
|
(5)
|
(4)
|
(8)
|
(13)
|
(15)
|
(19)
|
(24)
|
(25)
|
(36)
|
(51)
|
(55)
|
(58)
|
(60)
|
(79)
|
(70)
|
(58)
|
(45)
|
(33)
|
(28)
|
(27)
|
(24)
|
(23)
|
(21)
|
(19)
|
(17)
|
(15)
|
(11)
|
|
Research & Development |
(8)
|
(7)
|
(7)
|
(6)
|
(5)
|
(4)
|
(3)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(105)
|
(106)
|
(112)
|
(118)
|
(19)
|
(20)
|
(19)
|
(12)
|
(14)
|
(12)
|
(15)
|
(13)
|
(11)
|
(11)
|
(10)
|
(9)
|
(10)
|
(11)
|
(12)
|
(13)
|
(12)
|
(11)
|
(10)
|
(10)
|
|
Depreciation & Amortization |
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(3)
|
(6)
|
(6)
|
(6)
|
(6)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
|
Operating Income |
(5)
N/A
|
(10)
-112%
|
(10)
+0%
|
(11)
-10%
|
(14)
-29%
|
(15)
-9%
|
(14)
+9%
|
(13)
+6%
|
(10)
+25%
|
(7)
+27%
|
(5)
+24%
|
(3)
+43%
|
(3)
+8%
|
(3)
+2%
|
(4)
-56%
|
(4)
+6%
|
(9)
-112%
|
(118)
-1 260%
|
(121)
-3%
|
(131)
-8%
|
(143)
-9%
|
(44)
+69%
|
(56)
-28%
|
(69)
-24%
|
(66)
+5%
|
(72)
-9%
|
(72)
0%
|
(93)
-29%
|
(85)
+9%
|
(71)
+16%
|
(57)
+21%
|
(43)
+25%
|
(33)
+23%
|
(32)
+1%
|
(31)
+4%
|
(33)
-5%
|
(34)
-3%
|
(32)
+6%
|
(30)
+6%
|
(26)
+12%
|
(22)
+15%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(4)
|
(5)
|
(5)
|
(4)
|
(2)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
3
|
4
|
4
|
0
|
0
|
0
|
0
|
5
|
3
|
4
|
3
|
(6)
|
(2)
|
2
|
5
|
14
|
19
|
15
|
14
|
10
|
|
Non-Reccuring Items |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
1
|
1
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(3)
|
(4)
|
2
|
2
|
3
|
3
|
(1)
|
(1)
|
4
|
4
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
(5)
|
(5)
|
(5)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(5)
N/A
|
(10)
-93%
|
(11)
-5%
|
(13)
-16%
|
(15)
-19%
|
(16)
-9%
|
(15)
+6%
|
(16)
-5%
|
(13)
+21%
|
(11)
+15%
|
(8)
+23%
|
(4)
+55%
|
(3)
+13%
|
(3)
+18%
|
(4)
-53%
|
(4)
+8%
|
(8)
-119%
|
(118)
-1 299%
|
(121)
-3%
|
(130)
-8%
|
(139)
-7%
|
(41)
+71%
|
(53)
-30%
|
(66)
-25%
|
(66)
+0%
|
(71)
-8%
|
(71)
0%
|
(92)
-30%
|
(80)
+14%
|
(70)
+13%
|
(54)
+23%
|
(43)
+21%
|
(47)
-10%
|
(38)
+20%
|
(32)
+16%
|
(30)
+5%
|
(17)
+45%
|
(13)
+19%
|
(16)
-18%
|
(8)
+50%
|
(8)
-6%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
(5)
|
(10)
|
(11)
|
(13)
|
(15)
|
(16)
|
(15)
|
(16)
|
(13)
|
(11)
|
(8)
|
(4)
|
(3)
|
(3)
|
(4)
|
(4)
|
(8)
|
(118)
|
(121)
|
(130)
|
(139)
|
(41)
|
(53)
|
(65)
|
(65)
|
(71)
|
(71)
|
(92)
|
(80)
|
(70)
|
(54)
|
(43)
|
(47)
|
(38)
|
(32)
|
(30)
|
(17)
|
(13)
|
(16)
|
(8)
|
(8)
|
|
Net Income (Common) |
(5)
N/A
|
(10)
-94%
|
(11)
-5%
|
(13)
-17%
|
(15)
-19%
|
(16)
-9%
|
(15)
+6%
|
(16)
-5%
|
(13)
+18%
|
(13)
+1%
|
(11)
+19%
|
(6)
+43%
|
(11)
-84%
|
(9)
+21%
|
(11)
-25%
|
(11)
+3%
|
(10)
+9%
|
(119)
-1 131%
|
(122)
-2%
|
(131)
-8%
|
(141)
-7%
|
(50)
+65%
|
(62)
-24%
|
(74)
-20%
|
(65)
+12%
|
(71)
-8%
|
(71)
-1%
|
(92)
-30%
|
(80)
+14%
|
(70)
+13%
|
(54)
+23%
|
(43)
+21%
|
(47)
-10%
|
(38)
+20%
|
(32)
+16%
|
(30)
+5%
|
(17)
+45%
|
(13)
+19%
|
(16)
-18%
|
(8)
+50%
|
(8)
-6%
|
|
EPS (Diluted) |
-5.47
N/A
|
-10.54
-93%
|
-11.11
-5%
|
-11.81
-6%
|
-14.16
-20%
|
-15.26
-8%
|
-14.97
+2%
|
-14.99
0%
|
-12.14
+19%
|
-11.89
+2%
|
-8.18
+31%
|
-4.26
+48%
|
-6.68
-57%
|
-2.99
+55%
|
-4.19
-40%
|
-9.02
-115%
|
-2.88
+68%
|
-25.3
-778%
|
-21.83
+14%
|
-21.21
+3%
|
-21.28
0%
|
-3.8
+82%
|
-3.07
+19%
|
-3.48
-13%
|
-3.02
+13%
|
-2.86
+5%
|
-2.7
+6%
|
-3.42
-27%
|
-2.42
+29%
|
-1.81
+25%
|
-1.39
+23%
|
-0.95
+32%
|
-0.62
+35%
|
-11.7
-1 787%
|
-9.74
+17%
|
-9.2
+6%
|
-4.91
+47%
|
-2.6
+47%
|
-2.19
+16%
|
-1.08
+51%
|
-1.15
-6%
|