Balance Sheet PolyPid Ltd.

Equities

PYPD

IL0011326795

Pharmaceuticals

Market Closed - Nasdaq Other stock markets 02:30:00 07/03/2026 am IST			5-day change	1st Jan Change
4.190 ^USD	-0.95%		-1.41%	-3.46%

25/02	PolyPid Ltd. Auditor Raises 'Going Concern' Doubt	CI
11/02	PolyPid Ltd., Q4 2025 Earnings Call, Feb 11, 2026

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Published financial data: POLYPID LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Selling General & Admin Expenses, Total	1.26Cr	1.09Cr	67.19L	52.18L	91.6L
R&D Expenses	3.06Cr	2.8Cr	1.61Cr	2.28Cr	2.38Cr
Other Operating Expenses, Total	4.31Cr	3.89Cr	2.29Cr	2.8Cr	3.3Cr
Operating Income	-4.31Cr	-3.89Cr	-2.29Cr	-2.8Cr	-3.3Cr
Interest Expense, Total	-26T	-10.23L	-16.18L	-15.1L	-9L
Interest And Investment Income	5L	3L	5L	4L	5L
Net Interest Expenses	4L	-8L	-10.7L	-10.68L	-4L
Currency Exchange Gains (Loss)	44T	5L	33T	1L	-3L
Other Non Operating Income (Expenses)	58T	-3L	1L	4T	-2T
EBT, Excl. Unusual Items	-4.26Cr	-3.94Cr	-2.38Cr	-2.9Cr	-3.37Cr
Other Unusual Items	-	-	-	-	-5L
EBT, Incl. Unusual Items	-4.26Cr	-3.94Cr	-2.38Cr	-2.9Cr	-3.42Cr
Income Tax Expense	-	1L	69T	42T	5T
Earnings From Continuing Operations	-4.26Cr	-3.96Cr	-2.39Cr	-2.9Cr	-3.42Cr
Net Income to Company	-4.26Cr	-3.96Cr	-2.39Cr	-2.9Cr	-3.42Cr
Net Income - (IS)	-4.26Cr	-3.96Cr	-2.39Cr	-2.9Cr	-3.42Cr
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-4.26Cr	-3.96Cr	-2.39Cr	-2.9Cr	-3.42Cr
Net Income to Common Excl. Extra Items	-4.26Cr	-3.96Cr	-2.39Cr	-2.9Cr	-3.42Cr
Per Share Items
Net EPS - Basic	-68.27	-61.09	-16.99	-4.91	-2.09
Basic EPS - Continuing Operations	-68.27	-61.09	-16.99	-4.91	-2.09
Basic Weighted Average Shares Outstanding	6L	6L	14.04L	59.13L	1.64Cr
Net EPS - Diluted	-68.27	-61.09	-16.99	-4.91	-2.09
Diluted EPS - Continuing Operations	-68.27	-61.09	-16.99	-4.91	-2.09
Diluted Weighted Average Shares Outstanding	6L	6L	14.04L	59.13L	1.64Cr
Normalized Basic EPS	-42.67	-38.05	-10.59	-3.06	-1.29
Normalized Diluted EPS	-42.67	-38.05	-10.59	-3.06	-1.29
Supplemental Items
EBITDA	-4.2Cr	-3.72Cr	-2.1Cr	-2.64Cr	-3.15Cr
EBITA	-4.31Cr	-3.89Cr	-2.29Cr	-2.8Cr	-3.3Cr
EBIT	-4.31Cr	-3.89Cr	-2.29Cr	-2.8Cr	-3.3Cr
EBITDAR	-4.08Cr	-3.58Cr	-1.99Cr	-2.54Cr	-3.04Cr
Effective Tax Rate - (Ratio)	-	-0.33	-0.29	-0.14	-0.01
Current Foreign Taxes	-	1L	69T	42T	5T
Total Current Taxes	-	1L	69T	42T	5T
Normalized Net Income	-2.66Cr	-2.46Cr	-1.49Cr	-1.81Cr	-2.1Cr
Interest on Long-Term Debt	-	-	-	-	-
Non-Cash Pension Expense	5L	5L	4L	4L	5L
Supplemental Operating Expense Items
Marketing Expenses	26.66L	25.05L	9L	7L	13.27L
Selling and Marketing Expenses	29.83L	28.88L	11.96L	9L	19.77L
General and Administrative Expenses	96.09L	80.1L	55.23L	42.73L	71.83L
Research And Development Expense From Footnotes	3.06Cr	2.8Cr	1.61Cr	2.28Cr	2.38Cr
Net Rental Expense, Total	12.38L	13.44L	11.7L	10.42L	11.03L
Imputed Operating Lease Interest Expense	-	-	11.87L	11.77L	12.43L
Imputed Operating Lease Depreciation	-	-	-17.38T	-1L	-1L
Stock-Based Comp., R&D Exp. (Total)	22.03L	20.81L	17.91L	15.39L	19.31L
Stock-Based Comp., S&M Exp. (Total)	3L	4L	3L	3L	6L
Stock-Based Comp., G&A Exp. (Total)	22.3L	18.43L	12.61L	10L	22.73L
Total Stock-Based Compensation	47.5L	43.07L	33.91L	28.24L	48.54L

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	98.19L	85.52L	53.09L	1.56Cr	64.02L
Short Term Investments	2.24Cr	40.42L	-	-	65.31L
Total Cash And Short Term Investments	3.22Cr	1.26Cr	53.09L	1.56Cr	1.29Cr
Other Receivables	6L	2L	96T	2L	6L
Total Receivables	6L	2L	96T	2L	6L
Inventory	-	-	-	-	11.06L
Prepaid Expenses	14.53L	6L	4L	3L	4L
Restricted Cash	4L	5L	3L	2L	2L
Other Current Assets, Total	2L	3L	10T	3L	27T
Total Current Assets	3.48Cr	1.42Cr	60.67L	1.66Cr	1.52Cr
Gross Property Plant And Equipment	1.3Cr	1.77Cr	1.7Cr	1.78Cr	1.76Cr
Accumulated Depreciation	-42.54L	-59.75L	-77.97L	-94.19L	-1.09Cr
Net Property Plant And Equipment	87.61L	1.17Cr	92.18L	83.7L	67.69L
Long-term Investments	-	-	-	-	-
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	7L	99T	87T	3L	3L
Total Assets	4.42Cr	2.6Cr	1.54Cr	2.52Cr	2.23Cr
Liabilities
Accounts Payable, Total	41.36L	11.41L	8L	24.09L	28.56L
Accrued Expenses, Total	36.66L	24.13L	19.53L	25.43L	27.26L
Current Portion of Long-Term Debt	-	40.24L	40.03L	67.87L	10L
Current Portion of Leases	-	10L	5L	9L	11.61L
Unearned Revenue Current, Total	3L	-	-	-	-
Other Current Liabilities	5T	16T	18T	23T	8T
Total Current Liabilities	80.76L	85.53L	72.86L	1.27Cr	77.39L
Long-Term Debt	-	75.74L	63.79L	6L	-
Long-Term Leases	-	11.73L	9L	12.77L	6L
Unearned Revenue Non Current	-	25.48L	25.48L	25.48L	25.48L
Other Non Current Liabilities	2L	3L	4L	4L	4L
Total Liabilities	82.75L	2.01Cr	1.75Cr	1.75Cr	1.13Cr
Preferred Stock Convertible	-	-	-	-	-
Preferred Stock - Others	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	-	-	-	-	-
Additional Paid In Capital	21Cr	22Cr	24Cr	28Cr	31Cr
Retained Earnings	-17Cr	-21Cr	-24Cr	-27Cr	-30Cr
Total Common Equity	3.6Cr	58.29L	-20.96L	76.84L	1.1Cr
Total Equity	3.6Cr	58.29L	-20.96L	76.84L	1.1Cr
Total Liabilities And Equity	4.42Cr	2.6Cr	1.54Cr	2.52Cr	2.23Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	6L	7L	47.97L	1.02Cr	1.91Cr
ECS Total Common Shares Outstanding	6L	7L	16.54L	1.02Cr	1.82Cr
Book Value / Share	57.52	8.81	-1.27	0.75	0.6
Tangible Book Value	3.6Cr	58.29L	-20.96L	76.84L	1.1Cr
Tangible Book Value Per Share	57.52	8.81	-1.27	0.75	0.6
Total Debt	0	1.37Cr	1.18Cr	96.17L	27.96L
Net Debt	-3.22Cr	11.36L	64.7L	-60.24L	-1.01Cr
Debt Equivalent Oper. Leases	99.04L	1.08Cr	93.6L	83.36L	88.24L
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	69.91L	87.19L	89.15L	89.7L	94.04L
Full Time Employees	75	57	59	57	69
Part Time Employees	4	3	3	3	4

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-4.26Cr	-3.96Cr	-2.39Cr	-2.9Cr	-3.42Cr
Depreciation & Amortization - CF	11.18L	17.21L	18.22L	16.22L	14.58L
Depreciation & Amortization, Total	11.18L	17.21L	18.22L	16.22L	14.58L
Stock-Based Compensation (CF)	47.5L	43.07L	33.91L	28.24L	48.54L
Other Operating Activities, Total	-	3L	15.26L	7L	7L
Change In Accounts Receivable	-	-	-	-	-
Change In Inventories	-	-	-	-	-11.06L
Change In Accounts Payable	22.21L	-30.95L	-4L	16.37L	2L
Change in Unearned Revenues	-	25.48L	-	-	-
Change in Other Net Operating Assets	21.26L	-5L	3L	3L	2L
Cash from Operations	-3.24Cr	-3.43Cr	-1.72Cr	-2.2Cr	-2.79Cr
Capital Expenditure	-29.93L	-17.67L	-2L	-76T	-2L
Investment in Marketable and Equity Securities, Total	3.99Cr	1.83Cr	40L	-3L	-64.94L
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	3.69Cr	1.66Cr	38.04L	-3L	-67.04L
Long-Term Debt Issued, Total	-	1.17Cr	-	-	-
Total Debt Issued	-	1.17Cr	-	-	-
Long-Term Debt Repaid, Total	-	-4L	-26.18L	-33.22L	-63.76L
Total Debt Repaid	-	-4L	-26.18L	-33.22L	-63.76L
Issuance of Common Stock	10.34L	47.53L	88.24L	3.88Cr	3.28Cr
Issuance of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	-	4L	37.7L	-30.19L	-10.86L
Cash from Financing	10.34L	1.64Cr	99.76L	3.24Cr	2.54Cr
Net Change in Cash	55.48L	-13.14L	-34.56L	1.01Cr	-92.14L
Supplemental Items
Cash Interest Paid	-	7L	10.38L	10L	6L
Cash Income Tax Paid (Refund)	-	8T	18T	3T	5T
Levered Free Cash Flow	-1.88Cr	-2.42Cr	-1.03Cr	-1.2Cr	-1.58Cr
Unlevered Free Cash Flow	-1.88Cr	-2.35Cr	-92.6L	-1.11Cr	-1.52Cr
Change In Net Working Capital	-53.15L	34.98L	-15T	-20.58L	7L
Net Debt Issued / Repaid	-	1.13Cr	-26.18L	-33.22L	-63.76L

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-44.91	-69.24	-69.14	-86.31	-86.71
Return on Total Capital	-49.6	-87.56	-97.75	-129.84	-132.63
Return On Equity %	-78.36	-189.32	-1.28T	-1.04T	-366.29
Return on Common Equity	-78.36	-189.32	-1.28T	-1.04T	-366.29
Short Term Liquidity
Current Ratio	4.31	1.66	0.83	1.31	1.97
Quick Ratio	4.06	1.5	0.74	1.25	1.75
Operating Cash Flow to Current Liabilities	-4.01	-4.01	-2.37	-1.73	-3.6
Long Term Solvency
Total Debt/Equity	-	235.55	-561.98	125.16	25.48
Total Debt / Total Capital	-	70.2	121.65	55.59	20.31
LT Debt/Equity	-	150.06	-345.23	24.87	5.9
Long-Term Debt / Total Capital	-	44.72	74.73	11.05	4.7
Total Liabilities / Total Assets	18.71	77.56	113.64	69.53	50.81
EBIT / Interest Expense	-1.66T	-38.01	-14.13	-18.56	-37.72
EBITDA / Interest Expense	-1.62T	-35.02	-12.28	-16.8	-34.79
(EBITDA - Capex) / Interest Expense	-1.73T	-36.74	-12.4	-16.85	-35.03
Total Debt / EBITDA	-	-0.38	-0.59	-0.38	-0.09
Net Debt / EBITDA	0.77	-0.03	-0.33	0.24	0.33
Total Debt / (EBITDA - Capex)	-	-0.37	-0.59	-0.38	-0.09
Net Debt / (EBITDA - Capex)	0.72	-0.03	-0.32	0.24	0.33
Growth Over Prior Year
EBITDA, 1 Yr. Growth %	66.38	-11.56	-43.38	25.48	19.32
EBITA, 1 Yr. Growth %	64.22	-9.87	-41.2	22.57	17.62
EBIT, 1 Yr. Growth %	64.22	-9.87	-41.2	22.57	17.62
Earnings From Cont. Operations, 1 Yr. Growth %	15.55	-7.15	-39.67	21.61	17.73
Net Income, 1 Yr. Growth %	15.55	-7.15	-39.67	21.61	17.73
Normalized Net Income, 1 Yr. Growth %	15.55	-7.45	-39.65	21.79	16.12
Diluted EPS Before Extra, 1 Yr. Growth %	-49.19	-10.52	-72.18	-71.11	-57.43
Net Property, Plant and Equip., 1 Yr. Growth %	48.74	33.3	-21.07	-9.2	-19.13
Total Assets, 1 Yr. Growth %	-41.68	-41.29	-40.81	64.06	-11.55
Tangible Book Value, 1 Yr. Growth %	-50.59	-83.79	-135.96	-466.6	42.8
Common Equity, 1 Yr. Growth %	-50.59	-83.79	-135.96	-466.6	42.8
Cash From Operations, 1 Yr. Growth %	49.96	5.96	-49.77	27.43	26.94
Capital Expenditures, 1 Yr. Growth %	154.51	-40.96	-88.91	-61.22	176.32
Levered Free Cash Flow, 1 Yr. Growth %	37.65	28.79	-57.52	17.16	31.26
Unlevered Free Cash Flow, 1 Yr. Growth %	37.64	25.39	-60.67	19.77	37.5
Compound Annual Growth Rate Over Two Years
EBITDA, 2 Yr. CAGR %	54.47	21.3	-29.24	-15.71	22.36
EBITA, 2 Yr. CAGR %	52.47	21.66	-27.2	-15.1	20.07
EBIT, 2 Yr. CAGR %	52.47	21.66	-27.2	-15.1	20.07
Earnings From Cont. Operations, 2 Yr. CAGR %	148.39	3.58	-25.15	-14.35	19.66
Net Income, 2 Yr. CAGR %	148.39	3.58	-25.15	-14.35	19.66
Normalized Net Income, 2 Yr. CAGR %	148.39	3.41	-25.26	-14.27	18.92
Diluted EPS Before Extra, 2 Yr. CAGR %	-69.01	-32.57	-50.11	-71.65	-64.93
Net Property, Plant and Equip., 2 Yr. CAGR %	19.64	40.81	2.57	-15.34	-14.31
Total Assets, 2 Yr. CAGR %	14.48	-41.48	-41.05	-1.46	20.46
Tangible Book Value, 2 Yr. CAGR %	-35.94	-71.7	-75.86	14.81	128.81
Common Equity, 2 Yr. CAGR %	-35.94	-71.7	-75.86	14.81	128.81
Cash From Operations, 2 Yr. CAGR %	36.59	26.06	-27.05	-20	27.18
Capital Expenditures, 2 Yr. CAGR %	84.53	22.58	-74.41	-79.26	3.51
Levered Free Cash Flow, 2 Yr. CAGR %	26.41	33.14	-26.04	-29.46	24.01
Unlevered Free Cash Flow, 2 Yr. CAGR %	26.4	31.37	-29.77	-31.36	28.33
Compound Annual Growth Rate Over Three Years
EBITDA, 3 Yr. CAGR %	32.78	28.26	-5.9	-14.35	-5.36
EBITA, 3 Yr. CAGR %	32.94	27.96	-4.52	-13.39	-5.36
EBIT, 3 Yr. CAGR %	32.94	27.96	-4.52	-13.39	-5.36
Earnings From Cont. Operations, 3 Yr. CAGR %	93.1	78.93	-13.5	-12.01	-4.76
Net Income, 3 Yr. CAGR %	93.1	78.93	-13.5	-12.01	-4.76
Normalized Net Income, 3 Yr. CAGR %	93.1	78.74	-13.58	-12.05	-5.14
Diluted EPS Before Extra, 3 Yr. CAGR %	38.35	-55.87	-49.8	-58.41	-67.54
Net Property, Plant and Equip., 3 Yr. CAGR %	12.28	24.03	16.1	-1.51	-16.62
Total Assets, 3 Yr. CAGR %	45.09	-8.36	-41.26	-17.08	-4.94
Tangible Book Value, 3 Yr. CAGR %	-23.94	-59.48	-69.35	-40.22	23.47
Common Equity, 3 Yr. CAGR %	-23.94	-59.48	-69.35	-40.22	23.47
Cash From Operations, 3 Yr. CAGR %	24.76	25.51	-7.24	-12.14	-6.69
Capital Expenditures, 3 Yr. CAGR %	-0.89	26.21	-44.97	-70.61	-50.83
Levered Free Cash Flow, 3 Yr. CAGR %	13.77	27.16	-9.02	-13.78	-13.23
Unlevered Free Cash Flow, 3 Yr. CAGR %	13.81	26.06	-12.11	-16.1	-13.48
Compound Annual Growth Rate Over Five Years
EBITDA, 5 Yr. CAGR %	32.91	22.28	3.23	8.44	4.52
EBITA, 5 Yr. CAGR %	33.28	23.02	4.48	8.59	4.64
EBIT, 5 Yr. CAGR %	33.28	23.02	4.48	8.59	4.64
Earnings From Cont. Operations, 5 Yr. CAGR %	30.19	-6.2	32.17	33.26	-1.51
Net Income, 5 Yr. CAGR %	30.19	-6.2	32.17	33.26	-1.51
Normalized Net Income, 5 Yr. CAGR %	30.19	-6.27	32.09	33.23	-1.81
Diluted EPS Before Extra, 5 Yr. CAGR %	-37.9	-54.29	-8	-63.03	-56.51
Net Property, Plant and Equip., 5 Yr. CAGR %	59.56	31.89	8.29	6.46	2.82
Total Assets, 5 Yr. CAGR %	18.12	2.47	1.2	-5.66	-21.71
Tangible Book Value, 5 Yr. CAGR %	1.15	-41.98	-51.94	-38.54	-31.5
Common Equity, 5 Yr. CAGR %	1.15	-41.98	-51.94	-38.54	-31.5
Cash From Operations, 5 Yr. CAGR %	27.18	22.75	0.66	4.82	5.24
Capital Expenditures, 5 Yr. CAGR %	40.9	-1.27	-42.34	-38.71	-29.15
Levered Free Cash Flow, 5 Yr. CAGR %	23.74	26.21	-4.25	0.46	2.98
Unlevered Free Cash Flow, 5 Yr. CAGR %	23.72	25.53	-6.18	-1.15	2.25