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PTE - PolarityTE Non-GAAP EPS of -$0.10 misses by $0.02 revenue of $0.74M beats by $0.01M
PolarityTE Inc.
PolarityTE press release (NASDAQ:PTE): Q1 Non-GAAP EPS of -$0.10 misses by $0.02. Revenue of $0.74M (-84.3% Y/Y) beats by $0.01M. "As of March 31, 2022, we had $18.7M in cash and cash equivalents and working capital of approximately $17.2M. We believe cash and cash equivalents on our balance sheet, together with the net proceeds of the IBEX Property sale, will fund our business activities into the fourth calendar quarter of 2022."