PolarityTE Inc

NASDAQ:PTE   3:42:04 PM EDT
2.39
+0.04 (+1.70%)
Earnings Announcements

Polarityte - Doubt Ability To Continue As Going Concern

Published: 03/30/2022 11:49 GMT
PolarityTE Inc (PTE) - Polarityte Inc- As of December 31, 2021, We Had $19.4 Million in Cash and Cash Equivalents and Working Capital of Approximately $17.7 Million.
Polarityte Inc- Do Not Expect Cash, Cash Equivalents Would Be Sufficient to Fund Current Business Plan, Capex Requirements Beyond Q4 2022.
Polarityte Inc- Substantial Doubt About Our Ability to Continue As a Going Concern.
Revenue is expected to be $0.71 Million
Adjusted EPS is expected to be -$1.29

Next Quarter Revenue Guidance is expected to be $0.7 Million
Next Quarter EPS Guidance is expected to be -$1.38

More details on our Analysts Page.