PolyPid Ltd. (PYPD)
PolyPid Ltd. is an advanced-stage biopharmaceutical company specializing in the development, manufacturing, and commercialization of therapeutic solutions. These solutions are based on its proprietary polymer-lipid encapsulation matrix (PLEX) platform, with the goal of addressing significant unmet medical needs. The company's leading product candidate, D-PLEX100, is currently undergoing Phase III clinical trials. It is being evaluated for its efficacy in preventing surgical site infections (SSIs) following both sternal (bone) and abdominal (soft tissue) procedures. Established in 2008, PolyPid Ltd. is headquartered in Petah Tikva, Israel.
Sector: Surgical & Medical Instruments & Apparatus
Industry: Biotechnology
PolyPid Ltd.
NASDAQ:PYPDHealthcare · Biotechnology
-3.58%$5.39
AH$5.45+1.11%vs close
Mkt Cap$112.46M
Float15.52M
O/S20.86M
Vol
$ Vol
RVOL
Inst Own15.8%
SI1.4%
Earnings
Dilution
Financials Summary
Revenue$0
Net Income-$34.17M
Total Assets$22.31M
Free Cash Flow$0
Debt & Equity
Debt 20%
Equity 80%
Total Debt$2.8M
Total Equity$10.97M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:30Reverse splitSep 21, 202330 shares → 1
Balance Sheet Details
Assets$22.31M
Liabilities$11.33M
Accounts Receivable$0
Accounts Payable$2.86M
Inventory$1.11M
PP&E (Net)$6.77M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2013-12-31 | 2012-12-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $0 | $0 | $0 | $1.72M | $1.12M | $1.01M | $947K | $411K | $205K | $127K | $108K | $0 | $0 |
| Gross Profit | $0 | $0 | $0 | -$1.72M | -$1.12M | -$1.01M | -$947K | -$411K | -$205K | -$127K | -$108K | $0 | $0 |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research and Development | $23.81M | $22.81M | $16.15M | $27.99M | $30.42M | $16.95M | $14.08M | $12.55M | $9.74M | $7.71M | $5.63M | $2.64M | $1.38M |
| Selling, General, and Administrative | $9.16M | $5.22M | $6.72M | $10.9M | $12.45M | $9.32M | $3.53M | $5.81M | $4.06M | $2.55M | $2.93M | $938K | $410K |
| Other | $0 | $0 | $0 | -$1.72M | -$848K | -$1.01M | $0 | $0 | $0 | $0 | -$0 | $0 | $0 |
| Total Operating Expenses | $32.97M | $28.03M | $22.87M | $37.17M | $42.03M | $25.26M | $17.61M | $18.36M | $13.8M | $10.26M | $8.57M | $3.58M | $1.79M |
| Operating Income (EBIT) | -$32.97M | -$28.03M | -$22.87M | -$38.89M | -$43.15M | -$26.27M | -$18.56M | -$18.36M | -$13.8M | -$10.26M | -$11.28M | -$3.58M | -$1.79M |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $685K | $1.52M | $1.71M | $1.34M | $0 | $17K | $15K | $42K | $16K | $108K | $1.69M | $0 | $0 |
| Interest Income | $0 | $442K | $548K | $267K | $468K | $474K | $60K | $126K | $90K | $71K | $0 | $0 | $0 |
| Other Income (Expense) | -$1.2M | -$951K | -$929K | -$540K | $544K | -$10.6M | $11.65M | $24.28M | -$40.69M | -$1.13M | -$1.18M | -$305K | -$3K |
| Income Before Tax (EBT) | -$34.16M | -$28.98M | -$23.8M | -$39.43M | -$42.6M | -$36.87M | -$6.91M | $5.92M | -$54.49M | -$11.39M | -$9.75M | -$3.88M | -$1.79M |
| Income Tax Expense | $5K | $42K | $69K | $129K | $0 | $0 | $0 | $0 | $0 | $0 | -$1.53M | $0 | $3K |
| Net Income | -$34.17M | -$29.02M | -$23.86M | -$39.52M | -$40.71M | -$35.32M | -$6.91M | $5.92M | -$54.49M | -$11.39M | -$8.22M | -$3.88M | -$1.79M |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | |||||||||||||
| EPS | -2.09 | -4.91 | -16.99 | -61.20 | -67.80 | -4.48 | -15.03 | 26.70 | -370.58 | -77.48 | -37.62 | -39.58 | -8.08 |
| Diluted EPS | -2.09 | -4.91 | -16.99 | -61.20 | -67.80 | -122.10 | -15.03 | 26.70 | -370.58 | -77.48 | -37.62 | -39.58 | -8.08 |
| Weighted Average OS | 16.35M | 5.91M | 1.40M | 1.30M | 1.25M | 1.28M | 886,430 | 886,430 | 588,148 | 588,148 | 874,148 | 392,438 | 886,430 |
| EBITDA | -$32.02M | -$25.83M | -$20.26M | -$36.37M | -$41.48M | -$35.86M | -$5.94M | -$42.15M | -$13.6M | -$10.13M | -$7.95M | -$3.51M | -$1.73M |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2013-12-31 | 2012-12-31 |
| Assets | |||||||||||||
| Current Assets | |||||||||||||
| Cash and Cash Equivalents | $6.4M | $15.64M | $5.61M | $8.55M | $9.82M | $4.32M | $3.94M | $7.33M | $3.91M | $10.22M | $1.68M | $1.26M | $977K |
| Short-Term Investments | $6.53M | $0 | $0 | $4.04M | $22.38M | $40.16M | $22.68M | $0 | $14.03M | $7.53M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $12.93M | $15.64M | $5.61M | $12.59M | $32.2M | $44.48M | $26.62M | $7.33M | $17.94M | $17.75M | $1.68M | $1.26M | $977K |
| Accounts Receivable | $0 | $0 | $0 | $298K | $118K | $139K | $18K | $24K | $28K | $28K | $44K | $155K | $87K |
| Inventory | $1.11M | $0 | $0 | $0 | $0 | $0 | $351K | -$24K | $0 | $0 | $0 | $45K | $18K |
| Other Current Assets | $193K | $602K | $106K | $750K | $993K | $673K | $243K | $211K | $459K | $217K | $144K | $220K | $122K |
| Total Current Assets | $15.23M | $16.57M | $6.07M | $14.19M | $34.81M | $47.2M | $27.41M | $8.03M | $18.73M | $18.25M | $1.91M | $1.6M | $1.18M |
| Long-Term Assets | |||||||||||||
| Property, Plant & Equipment Net | $6.77M | $8.37M | $9.22M | $11.68M | $8.76M | $5.89M | $6.12M | $6.19M | $2.93M | $847K | $435K | $328K | $351K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $199K | $219K | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $311K | $277K | $87K | $99K | $663K | $22.76M | $31K | $42K | $1.33M | $136K | $139K | $27K | $14K |
| Total Long-Term Assets | $7.08M | $8.65M | $9.3M | $11.78M | $9.42M | $28.65M | $6.35M | $6.45M | $4.25M | $983K | $574K | $355K | $365K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $22.31M | $25.22M | $15.37M | $25.97M | $44.23M | $75.85M | $33.77M | $14.48M | $22.98M | $19.24M | $2.48M | $1.96M | $1.55M |
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payable | $2.86M | $2.41M | $772K | $1.14M | $4.14M | $974K | $1.58M | $1.13M | $2.02M | $778K | $0 | $234K | $59K |
| Short-Term Debt | $988K | $6.79M | $4M | $4.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $269K | $241K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $23K | $1.01M | $16K | $0 | $0 | $319K | $1.65M | $0 | $377K | $1.09M | $83K | $73K |
| Total Current Liabilities | $7.74M | $12.68M | $7.29M | $8.55M | $8.08M | $2.88M | $2.58M | $3.69M | $3.36M | $1.7M | $1.67M | $502K | $212K |
| Long-Term Liabilities | |||||||||||||
| Long-Term Debt | $0 | $634K | $6.38M | $7.57M | $0 | $0 | $0 | $0 | $0 | $0 | $193K | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $2.55M | $2.55M | $2.55M | $0 | $0 | $0 | $0 | $600K | $600K | $600K | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$193K | $0 | $0 |
| Other Long-Term Liabilities | $2.95M | $396K | $398K | $294K | $199K | $193K | $251K | $92.5M | $107.67M | $50.9M | $437K | $9.52M | $5.89M |
| Total Long-Term Liabilities | $3.6M | $4.86M | $10.18M | $11.59M | $199K | $193K | $251K | $92.5M | $108.27M | $51.5M | $1.04M | $9.52M | $5.89M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $11.33M | $17.54M | $17.47M | $20.14M | $8.28M | $3.07M | $2.83M | $96.19M | $111.63M | $53.2M | $2.71M | $10.02M | $6.1M |
| Stockholders' Equity | |||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $106.31M | $69.35M | $59.98M | $44.03M | $22.93M | $0 | $0 |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $0 | $130K | $130K | $129K | $126K | $126K | $27K | $27K |
| Retained Earnings | -$301.5M | -$267.33M | -$238.31M | -$214.44M | -$174.89M | -$132.29M | -$93.3M | -$86.4M | -$92.31M | -$36.57M | -$25.18M | -$8.43M | -$4.55M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | -$2.12M | -$1.18M | -$766K | -$561K | $2.02M | -$156K | -$85K |
| Other Stockholders' Equity | $312.47M | $275.01M | $236.21M | $220.27M | $210.85M | $205.06M | $124.11M | $4.56M | $3.54M | $2.49M | $24.82M | $346K | -$27K |
| Total Equity | $10.97M | $7.68M | -$2.1M | $5.83M | $35.96M | $72.78M | $30.93M | -$81.71M | -$88.65M | -$33.96M | -$231K | -$8.06M | -$4.55M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $22.31M | $25.22M | $15.37M | $25.97M | $44.23M | $75.85M | $33.77M | $14.48M | $22.98M | $19.24M | $2.48M | $1.96M | $1.55M |
| Supplementary Data | |||||||||||||
| Total Debt | $2.8M | $9.62M | $11.78M | $13.73M | $0 | $0 | $0 | $0 | $0 | $0 | $193K | $0 | $0 |
| Net Debt | -$3.61M | -$6.02M | $6.17M | $5.18M | -$9.82M | -$4.32M | -$3.94M | -$7.33M | -$3.91M | -$10.22M | -$1.49M | -$1.26M | -$977K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2013-12-31 | 2012-12-31 |
| Operating Activities | |||||||||||||
| Net Income | -$34.17M | -$29.02M | -$23.86M | -$39.56M | -$42.6M | -$36.87M | -$6.91M | $5.92M | -$54.49M | -$11.39M | -$9.75M | -$3.88M | -$1.79M |
| Depreciation & Amortization | $1.46M | $1.62M | $1.82M | $1.72M | $1.12M | $1.01M | $947K | $411K | $205K | $127K | $108K | $71K | $60K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $123K | -$1.92M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $1.64M | -$369K | -$3.1M | $2.22M | -$607K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | $279K | $259K | $2.02M | $2M | $835K | -$1.01M | $472K | -$187K | -$237K | $2.41M | $636K | -$101K |
| Total Working Capital Change | $0 | $1.92M | -$110K | -$1.08M | $4.35M | -$1.69M | -$1.01M | $472K | -$187K | -$237K | $2.41M | $636K | -$101K |
| Other Non-Cash Items | $32.71M | $3.52M | $4.92M | $4.6M | $4.75M | $15.95M | -$10.39M | -$23.48M | $42.16M | $1.77M | $655K | $659K | -$26K |
| Net Cash from Operating | $0 | -$21.96M | -$17.24M | -$34.32M | -$32.39M | -$21.6M | -$17.36M | -$16.68M | -$12.31M | -$9.73M | -$6.57M | -$2.52M | -$1.86M |
| Investing Activities | |||||||||||||
| Capital Expenditures | $0 | -$76K | -$196K | -$1.77M | -$2.99M | -$1.18M | -$879K | -$3.07M | -$1.88M | -$539K | -$113K | -$48K | -$145K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | -$21.35M | -$18.6M | $0 | $0 | -$39.59M | -$22.68M | $0 | -$6.5M | -$7.53M | $0 | $0 | $0 |
| Sales of Investments | $0 | $21.1M | $22.6M | $18.34M | $39.89M | $0 | $0 | $14.03M | $0 | $0 | $11K | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | -$330K | $3.8M | $16.57M | $36.9M | -$40.77M | -$23.56M | $10.96M | -$8.38M | -$8.07M | -$102K | -$48K | -$145K |
| Financing Activities | |||||||||||||
| Debt Repaid | - | $3.32M | $2.62M | -$11.31M | - | - | - | - | - | - | -$2.31M | - | - |
| Common Stock Issuance | $0 | $35.86M | $12.72M | $5.12M | $1.03M | $62.77M | $37.65M | $9.39M | $14.38M | $26.34M | $3.82M | $2.59M | $2.56M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.82M | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | -$125K | -$125K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $57K | $330K | $22K |
| Net Cash from Financing | $0 | $32.42M | $9.98M | $16.43M | $1.03M | $62.77M | $37.65M | $9.39M | $14.38M | $26.34M | $6.19M | $2.92M | $2.58M |
| Forex Effect | -$9.21M | $77K | $2K | $161K | -$41K | $0 | $20K | -$26K | $0 | $0 | $838K | $0 | $401K |
| Net Change in Cash | -$9.21M | $10.2M | -$3.45M | -$1.15M | $5.51M | $410K | -$3.25M | $3.64M | -$6.31M | $8.54M | $351K | $351K | $977K |
| Supplementary Data | |||||||||||||
| Operating Cash Flow | $0 | -$21.96M | -$17.24M | -$34.32M | -$32.39M | -$21.6M | -$17.36M | -$16.68M | -$12.31M | -$9.73M | -$6.57M | -$2.52M | -$1.86M |
| Capital Expenditure | $0 | -$76K | -$196K | -$1.77M | -$2.99M | -$1.18M | -$879K | -$3.07M | -$1.88M | -$539K | -$113K | -$48K | -$145K |
| Free Cash Flow | $0 | -$22.04M | -$17.43M | -$36.08M | -$35.38M | -$22.77M | -$18.24M | -$19.75M | -$14.2M | -$10.27M | -$6.69M | -$2.57M | -$2M |
| Cash at Beginning | $15.81M | $5.61M | $9.06M | $10.22M | $4.71M | $4.3M | $7.55M | $3.91M | $10.22M | $1.68M | $1.33M | $977K | $0 |
| Cash at End | $6.59M | $15.81M | $5.61M | $9.06M | $10.22M | $4.71M | $4.3M | $7.55M | $3.91M | $10.22M | $1.68M | $1.33M | $977K |