PolarityTE, Inc. is a regenerative medicine company positioned to be the first to successfully regenerate human skin. If clinically successful, the PolarityTE platform will be able to provide medical professionals with a truly new paradigm in wound healing and reconstructive surgery by utilizing a patient's own tissue substrates for the regeneration of skin, bone, muscle, cartilage, fat, blood vessels and nerves. It is because PolarityTE uses a natural and biologically sound platform technology, which is readily adaptable to a wide spectrum of organ and tissue systems, that the company and its world-renowned clinical advisory board, are poised to drastically change the field and future of translational regenerative medicine.

Company Growth (employees)
Salt Lake City, US
Size (employees)
62 (est)
PolarityTE was founded in 1986 and is headquartered in Salt Lake City, US

PolarityTE Office Locations

PolarityTE has an office in Salt Lake City
Salt Lake City, US (HQ)
615 Arapeen Dr

PolarityTE Data and Metrics

PolarityTE Financial Metrics

PolarityTE's revenue was reported to be $1.5 m in FY, 2016 which is a 77% decrease from the previous period.

Revenue (FY, 2016)

1.5 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

1.3 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(4.6 m)

EBIT (FY, 2016)

(4.9 m)

Market capitalization (07-Jun-2017)

66 m

Closing share price (07-Jun-2017)


Cash (31-Oct-2016)

6.5 m
PolarityTE's current market capitalization is $66 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


47.3 m34.4 m6.7 m1.5 m

Revenue growth, %


Cost of goods sold

35.1 m28.7 m3.4 m286 k

Gross profit

12.2 m5.7 m3.3 m1.3 m

Gross profit Margin, %


Operating expense total

24.4 m19 m7.2 m6.2 m


(12.2 m)(13.3 m)(3.9 m)(4.9 m)

EBIT margin, %


Pre tax profit

(12.6 m)(16.2 m)(3.8 m)(4.6 m)

Income tax expense

14 k10 k3 k

Net Income

(12.6 m)(16.2 m)(3.8 m)(4.6 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016


13.4 m7.2 m17.1 m6.5 m

Accounts Receivable

283 k113 k


2.8 m192 k101 k47 k

Current Assets

33.3 m11.3 m17.6 m6.7 m


817 k198 k45 k18 k

Total Assets

37.6 m11.5 m17.7 m6.8 m

Accounts Payable

9 m4.4 m1.7 m1.3 m

Current Liabilities

17.6 m5.9 m2 m1.4 m

Additional Paid-in Capital

124.1 m125.3 m128.5 m123.4 m

Retained Earnings

(103.5 m)(119.7 m)(123.5 m)(128.2 m)
USDFY, 2014FY, 2015FY, 2016

Net Income

(16.2 m)(3.8 m)(4.6 m)

Depreciation and Amortization

745 k61 k27 k

Accounts Receivable

1.3 m170 k


2.8 m91 k54 k

Accounts Payable

(2 m)(2.2 m)(402 k)

Cash From Operating Activities

(3.5 m)(1.6 m)(1.8 m)

Purchases of PP&E

(347 k)

Cash From Investing Activities

(877 k)540 k

Cash From Financing Activities

(1.8 m)10.9 m(8.8 m)

Income Taxes Paid

6 k
USDY, 2016


24.9 k

PolarityTE Market Value History

PolarityTE Online and Social Media Presence

PolarityTE Company Life and Culture

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