POLARITYTE, INC. PTE Income Statement

Polarityte, inc. (PTE)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Oct'18	Sep'18	Jul'18	Jun'18	Apr'18	Mar'18	Jan'18	Dec'17	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Jul'10
Net revenues
Total net revenues
933	1,466	1,395	1,326	1,465	-	-	725	-	320	-	-	-	13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total net revenues
-	-	-	-	-	673	-	-	416	-	3	3	13	-	-	0	0	0	-	-	412	591	1,040	1,091	1,091	3,471	6,283	2,911	3,240	21,934	10,077	3,998	9,720	23,472	26,562	9,145	30,400	66,180	25,138	19,545	32,142	48,466	12,153
Cost of sales
Total costs of sales
516	462	645	596	776	381	-	667	229	166	1	1	-	1	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales
-	-	-	-	-	-	-	-	-	-	-	-	1	-	-	-	-	0	-	-	1	-	423	249	249	1,407	1,993	1,173	1,673	7,542	4,694	1,666	3,851	8,414	11,155	2,632	9,093	23,838	12,258	8,577	13,281	20,823	7,398
Software development costs and license fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	124	58	152	118	118	707	3,176	597	1,506	11,003	4,637	1,097	2,834	7,906	10,593	2,997	9,136	19,328	5,914	3,015	5,210	8,012	1,975
Total cost of sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	125	-	575	367	367	2,114	5,169	1,770	3,179	18,545	9,331	2,763	6,685	16,320	21,748	5,629	18,229	43,166	20,898	11,592	18,491	28,835	9,373
Gross profit
417	1,004	750	730	689	292	-	58	187	154	2	2	12	12	-	0	0	0	-	-	287	533	465	724	724	1,357	1,114	1,141	61	3,389	746	1,235	3,035	7,152	4,814	3,516	12,171	23,014	4,240	7,953	13,651	19,631	2,780
Operating costs and expenses
Research and development
3,373	3,325	2,956	4,764	5,352	3,458	-	4,111	2,339	2,915	5,621	5,572	6,602	4,930	5,466	1,641	0	0	-55	0	20	35	74	37	37	26	297	377	420	1,246	652	1,352	1,456	2,082	1,894	1,912	1,671	2,307	1,842	1,947	1,973	1,230	720
Research and development - intellectual property acquired
-	-	-	-	-	-	-	-	0	-	0	-	-	-	-	0	104,693	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative
11,057	14,890	16,044	15,060	17,195	12,639	-	15,135	15,239	11,290	5,938	7,573	10,898	7,979	4,272	3,629	5,686	5,225	-222	1,880	1,319	1,122	1,316	1,145	1,145	1,744	2,469	2,004	1,786	2,107	2,328	2,382	2,215	2,251	1,989	2,392	2,679	3,017	2,419	2,484	2,295	3,308	2,004
Sales and marketing
3,694	4,058	4,988	3,981	3,953	2,725	-	1,618	-	-	-	-	-	-	-	-	-	-	-	-	19	23	47	142	142	440	1,130	953	1,125	4,056	1,643	1,015	1,467	3,729	3,801	2,684	4,686	8,986	2,755	2,313	2,630	7,009	1,641
Total operating costs and expenses
18,124	22,273	23,988	23,805	26,500	18,822	-	20,864	17,578	14,205	-	13,145	-	12,909	-	5,270	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating loss
-17,707	-21,269	-23,238	-23,075	-25,811	-18,530	-	-20,806	-17,391	-14,051	-11,619	-13,143	-17,488	-12,897	-9,741	-5,270	-110,376	-5,225	-487	-1,880	-1,078	-654	-1,491	-734	-734	-967	-3,546	-2,310	-3,376	-4,101	-4,462	-3,604	-2,198	-1,972	-2,988	-3,613	2,758	7,555	-2,951	938	5,334	8,039	-1,744
Workforce reduction
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,168	127	127	74	-323	0	0	0	0	0	0	776	-	-	-	-	-	-	-	-	-
Workforce reduction
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-
Loss on impairment of software development costs and license fees - cancelled games
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500	0	0	175	0	0	228	991	-	150	1,362	-	116
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	7	7	7	7	40	441	117	106	81	85	90	95	111	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	141	149	158	-	121	57	45	43
Operating costs and expenses total
-	-	-	-	-	-	-	-	-	-	11,559	-	17,500	-	-	-	110,379	5,225	-333	1,880	1,365	1,187	1,956	1,458	1,458	2,324	4,660	3,451	3,437	7,490	5,208	4,839	5,233	9,124	7,802	7,129	9,413	15,459	7,191	7,015	8,317	11,592	4,524
Other income (expense)
Change in fair value of derivatives
-	-	-	-	-	0	-	0	0	0	440	1,850	3,374	1,964	117	0	0	-8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of warrant liability
-	-	-	-	-	0	-	0	0	0	-520	-520	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) from discontinued operations, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-770	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss before income taxes
-	-	-	-	-	-18,418	-	-	-	-	-	-	-	-10,915	-	-	-	-	-	-	-1,101	-	-2,121	-265	-265	-1,155	-	-2,724	-3,585	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of warrant liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-594	-165	-827	-	-1,258	2,928	416	-183
Loss before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,510	-4,580	-3,638	-2,272	-2,138	-2,835	-3,121	2,723	7,919	-3,889	2,073	2,161	6,913	-1,643
Benefit for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	2	0	0	1	5	3	0	2	6	6	-1	3	-106	-34	20	193	5	184	86	151	-
Gains on asset sales, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of common stock warrant liability
4,532	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-159	26	0	769	0	0	779	0	0	0	0	0	0	0	-17	-	-	-	-	-	-	-	-	-
Interest (expense) income, net
-12	-	-	-	70	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income, net
-	-	27	29	-	80	-	227	146	51	18	36	25	18	13	3	3	4	-	5	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7	-7	-4	-4	60	77	79	43	162	118	34	74	183	193	102	200	463	177	123	245	710	82
Loss from equity method investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-1,873	-1,494	-166	-247	0	0	0	0	-	-	-	-	-	-	-	-	-
Gain on extinguishment of liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	109	415	415	526	128	1,159	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-
Other income, net
147	99	228	254	168	32	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50	50	125	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss from continuing operations
-	-	-	-	-	-18,418	-	-	-17,245	-	-	-	-14,089	-	-	-5,267	-	-5,229	-	-1,716	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-33	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of discontinued operations
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations, net
-	-	-	-	-	-	-	-	0	-	0	-	0	-	0	67	16	-432	-	-770	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-13,040	-21,145	-22,983	-22,792	-25,573	-18,418	-	-20,579	-17,245	-14,000	-11,619	-11,777	-14,089	-10,915	-9,608	-5,200	-110,360	-5,661	-406	-2,486	-1,101	-647	-2,123	-265	-265	-1,156	-5,373	-2,727	-3,585	-4,512	-4,586	-3,644	-2,271	-2,141	-2,729	-3,087	2,703	7,726	-3,894	1,889	2,075	6,762	-1,643
Deemed dividend - accretion of discount on Series F preferred stock
-	-	-	-	-	1	-	0	0	0	-386	-698	-904	-593	-369	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deemed dividend - exchange of Series F preferred stock
-	-	-	-	-	0	-	0	0	0	-7,057	-7,057	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cumulative dividends on Series F preferred stock
-	-	-	-	-	-	-	0	0	0	-98	-191	-275	-	-124	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Special cash dividend attributable to preferred shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,002	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Special cash dividend attributable to preferred stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion features accreted as dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,821	17	17	397	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Beneficial conversion feature accreted as a dividend
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to common stockholders
-	-	-22,983	-22,792	-	-18,418	-	-20,579	-17,245	-14,000	-19,160	-19,723	-15,268	-11,690	-10,101	-5,200	-110,360	-5,661	-406	-2,486	-1,101	-6,649	-3,944	-282	-282	-1,553	-5,373	-2,727	-3,585	-4,512	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss per share, basic and diluted:
Loss from continuing operations
-	-	-	-	-	-0.86	-	-	-0.86	-	-0.89	-	-2.13	-	-0.49	-0.94	-23.51	-1.56	-	-0.65	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations
-	-	-	-	-	-	-	-	0.00	-	0.00	-	0.00	-	0.04	0.01	0.01	-0.13	-	-0.29	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-0.87	-0.92	-	-0.86	-	-0.97	-	-0.74	-	-1.26	-	-1.68	-	-	-	-	-	-	-	-	-	-0.04	-	-	-	-0.44	-0.56	-	-1.39	-0.63	-0.06	-0.05	-0.06	-0.08	0.07	0.19	-0.10	0.05	0.05	0.18	-0.04
Deemed dividend - accretion of discount on Series F preferred stock
-	-	-	-	-	0.00	-	0.01	0.00	0.02	-0.03	-0.07	-0.14	-0.09	-0.07	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deemed dividend - exchange of Series F preferred stock
-	-	-	-	-	0.01	-	0.07	0.00	0.25	-0.54	-0.75	-	-	-	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cumulative dividends on Series F preferred stock
-	-	-	-	-	0.00	-	0.00	0.00	0.01	-0.01	-0.02	-0.04	-0.03	-0.03	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss per share, basic and diluted
-0.39	-0.73	-0.87	-0.92	-1.18	-0.86	-	-0.97	-0.86	-0.74	-1.47	-2.10	-2.31	-1.80	-0.55	-0.93	-23.50	-1.69	-	-	-	-	-	-0.04	-	-	-	-0.44	-0.56	-	-1.39	-0.63	-0.06	-0.05	-0.07	-0.08	0.07	0.19	-0.11	0.05	0.05	0.18	-0.04
Special cash dividend attributable to preferred stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.94	-0.58	-3.97	-0.40	-4.07	-0.22	-0.24	-	-	-	-0.71	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average shares outstanding, basic and diluted
33,019	27,096	26,405	24,768	21,594	21,343	-	21,154	20,092	18,944	13,055	9,377	6,615	6,496	6,083	5,568	4,695	3,346	2,196	2,631	1,882	1,673	1,423	-4,327	1,297	6,519	-	-	-	6,385	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,784	-	-	-	6,206	6,397	-	-63,056	5,802	40,543	40,482	40,443	39,893	39,819	39,736	39,617	38,803	38,051	37,638	36,934
Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,784	-	-	-	6,206	6,397	-	-63,056	5,802	40,543	40,482	40,516	39,893	41,387	41,495	41,018	41,318	40,426	37,732	36,934
Products [Member]
Total net revenues
428	713	839	504	297	-	-	197	-	189	-	-	-	13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total net revenues
-	-	-	-	-	210	-	-	-	-	-	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total costs of sales
340	435	315	342	273	194	-	267	-	125	-	1	-	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Services [Member]
Total net revenues
505	753	556	822	1,168	-	-	528	-	131	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total net revenues
-	-	-	-	-	463	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total costs of sales
176	27	330	254	503	187	-	400	-	41	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-