2023 Q4 Form 10-Q Financial Statement
#000121390023086065 Filed on November 13, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
Revenue | $105.0K | $54.00K |
YoY Change | 5150.0% | -37.93% |
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | $54.00K | |
YoY Change | ||
Gross Profit Margin | 100.0% | |
Selling, General & Admin | $2.354M | $2.440M |
YoY Change | -18.72% | -10.95% |
% of Gross Profit | 4518.52% | |
Research & Development | $2.964M | $3.366M |
YoY Change | -35.21% | -25.25% |
% of Gross Profit | 6233.33% | |
Depreciation & Amortization | $61.00K | $67.00K |
YoY Change | -37.11% | -33.0% |
% of Gross Profit | 124.07% | |
Operating Expenses | $2.964M | $3.366M |
YoY Change | -35.21% | -25.25% |
Operating Profit | -$5.213M | -$5.377M |
YoY Change | -21.95% | -22.33% |
Interest Expense | $216.0K | $214.0K |
YoY Change | -201.89% | -210.31% |
% of Operating Profit | ||
Other Income/Expense, Net | $219.0K | $279.0K |
YoY Change | -116.07% | -67.1% |
Pretax Income | -$4.994M | -$5.100M |
YoY Change | -39.5% | -18.65% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$4.905M | -$4.961M |
YoY Change | -39.57% | -18.95% |
Net Earnings / Revenue | -4671.43% | -9187.04% |
Basic Earnings Per Share | -$0.12 | -$0.12 |
Diluted Earnings Per Share | -$0.12 | -$0.12 |
COMMON SHARES | ||
Basic Shares Outstanding | 41.48M shares | 41.35M shares |
Diluted Shares Outstanding | 41.53M shares | 41.33M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $30.62M | $33.61M |
YoY Change | -35.19% | -30.0% |
Cash & Equivalents | $5.468M | $5.253M |
Short-Term Investments | $25.15M | $28.36M |
Other Short-Term Assets | $1.632M | $1.650M |
YoY Change | -43.61% | -3.4% |
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $32.25M | $35.26M |
YoY Change | -35.68% | -29.09% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $788.0K | $768.0K |
YoY Change | 17.09% | 8.63% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $79.00K | $7.000K |
YoY Change | -18.56% | 40.0% |
Total Long-Term Assets | $9.312M | $9.284M |
YoY Change | -4.85% | -7.45% |
TOTAL ASSETS | ||
Total Short-Term Assets | $32.25M | $35.26M |
Total Long-Term Assets | $9.312M | $9.284M |
Total Assets | $41.56M | $44.54M |
YoY Change | -30.64% | -25.46% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.104M | $970.0K |
YoY Change | -12.17% | -27.01% |
Accrued Expenses | $1.012M | $1.024M |
YoY Change | -32.85% | 2.91% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $4.530M | $4.322M |
YoY Change | -14.27% | -13.87% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $24.40M | $23.17M |
YoY Change | 7.61% | 11.81% |
Other Long-Term Liabilities | $6.016M | $6.010M |
YoY Change | -14.08% | -15.51% |
Total Long-Term Liabilities | $30.42M | $29.18M |
YoY Change | 2.49% | 4.84% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $4.530M | $4.322M |
Total Long-Term Liabilities | $30.42M | $29.18M |
Total Liabilities | $34.95M | $33.50M |
YoY Change | -0.04% | 1.98% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$409.5M | -$404.5M |
YoY Change | 6.21% | 7.2% |
Common Stock | $0.00 | $0.00 |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $4.399M | $8.901M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $41.56M | $44.54M |
YoY Change | -30.64% | -25.46% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$4.905M | -$4.961M |
YoY Change | -39.57% | -18.95% |
Depreciation, Depletion And Amortization | $61.00K | $67.00K |
YoY Change | -37.11% | -33.0% |
Cash From Operating Activities | -$3.646M | -$5.857M |
YoY Change | -41.94% | -23.03% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $124.0K | $103.0K |
YoY Change | 82.35% | 41.1% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $4.035M | $5.910M |
YoY Change | 447.49% | -8.6% |
Cash From Investing Activities | $3.921M | $5.802M |
YoY Change | 486.1% | -9.24% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 0.000 | |
YoY Change | -100.0% | |
NET CHANGE | ||
Cash From Operating Activities | -3.646M | -$5.857M |
Cash From Investing Activities | 3.921M | $5.802M |
Cash From Financing Activities | 0.000 | |
Net Change In Cash | 275.0K | -$97.00K |
YoY Change | 235.37% | -92.98% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$3.646M | -$5.857M |
Capital Expenditures | $124.0K | $103.0K |
Free Cash Flow | -$3.770M | -$5.960M |
YoY Change | -40.61% | -22.42% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023Q3 | dei |
Document Type
DocumentType
|
10-Q | |
CY2023Q3 | dei |
Document Quarterly Report
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|
true | |
CY2023Q3 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2023-09-30 | |
CY2023Q3 | dei |
Document Transition Report
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|
false | |
CY2023Q3 | dei |
Entity File Number
EntityFileNumber
|
001-31392 | |
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Entity Registrant Name
EntityRegistrantName
|
PLURI INC. | |
CY2023Q3 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | |
CY2023Q3 | dei |
Entity Tax Identification Number
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98-0351734 | |
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MATAM Advanced Technology Park | |
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Building No. 5 | |
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Haifa | |
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IL | |
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3508409 | |
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Common Shares, par value $0.00001 | |
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PLUR | |
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NASDAQ | |
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CY2022Q3 | us-gaap |
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CY2022Q3 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
166000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-358000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-957000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
-5000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
-5000 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5857000 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-7609000 | usd |
CY2023Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
103000 | usd |
CY2022Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
73000 | usd |
CY2023Q3 | plur |
Proceeds From Withdrawal Of Shortterm Deposits
ProceedsFromWithdrawalOfShorttermDeposits
|
5905000 | usd |
CY2022Q3 | plur |
Proceeds From Withdrawal Of Shortterm Deposits
ProceedsFromWithdrawalOfShorttermDeposits
|
6466000 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
5802000 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
6393000 | usd |
CY2023Q3 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-42000 | usd |
CY2022Q3 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-166000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-97000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1382000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6256000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
11413000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6159000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
10031000 | usd |
CY2023Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
5253000 | usd |
CY2022Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
8744000 | usd |
CY2023Q3 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
295000 | usd |
CY2022Q3 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
653000 | usd |
CY2023Q3 | us-gaap |
Restricted Cash Equivalents
RestrictedCashEquivalents
|
611000 | usd |
CY2022Q3 | us-gaap |
Restricted Cash Equivalents
RestrictedCashEquivalents
|
634000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
6159000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
10031000 | usd |
CY2023Q3 | plur |
Purchase Of Property And Equipment On Credit
PurchaseOfPropertyAndEquipmentOnCredit
|
118000 | usd |
CY2022Q3 | plur |
Purchase Of Property And Equipment On Credit
PurchaseOfPropertyAndEquipmentOnCredit
|
20000 | usd |
CY2023Q3 | plur |
Supplemental Noncash Information Related To Lease Liabilities Arising From Obtaining Rightofuse As
SupplementalNoncashInformationRelatedToLeaseLiabilitiesArisingFromObtainingRightofuseAs
|
25000 | usd |
CY2023Q3 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 24px"> </td> <td style="width: 24px"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>c.</i></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Use of estimates</i></b></span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates, judgments and assumptions that are reasonable based upon information available at the time they are made. These estimates, judgments and assumptions can affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"> </p> | |
CY2020Q2 | plur |
Subsidiary Loan
SubsidiaryLoan
|
50000000 | eur |
CY2021Q2 | plur |
First Tranche Price
FirstTranchePrice
|
20000000 | eur |
CY2021Q2 | plur |
Annual Interest Percentage
AnnualInterestPercentage
|
0.04 | pure |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
1003873 | shares |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
27951 | shares |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
183025 | shares |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
106546 | shares |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
470694 | shares |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
1800517 | shares |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
456779 | shares |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
1770417 | shares |
CY2023Q3 | plur |
Cash And Deposits
CashAndDeposits
|
906000 | usd |
CY2023Q3 | plur |
Percentage Of Qualified Expenditures
PercentageOfQualifiedExpenditures
|
0.50 | pure |
CY2023Q3 | plur |
Royalty Rate Sales
RoyaltyRateSales
|
0.03 | pure |
CY2023Q3 | plur |
Royalty Rate Payable On Grants Received
RoyaltyRatePayableOnGrantsReceived
|
1 | pure |
CY2023Q3 | plur |
Contingent Liability In Respect To Royalties
ContingentLiabilityInRespectToRoyalties
|
27564000 | usd |
CY2020Q2 | plur |
Subsidiary Loan
SubsidiaryLoan
|
50000000 | eur |
CY2023Q3 | plur |
Contractual Interest Rate For Funds Borrowed
ContractualInterestRateForFundsBorrowed
|
0.04 | pure |
CY2023Q3 | plur |
Deferred Interest Rate Percentage
DeferredInterestRatePercentage
|
0.04 | pure |
CY2021Q2 | plur |
First Tranche Price
FirstTranchePrice
|
20000000 | eur |
CY2021Q2 | plur |
Annual Interest Percentage
AnnualInterestPercentage
|
0.04 | pure |
CY2023Q3 | us-gaap |
Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
|
21198000 | usd |
CY2023Q3 | plur |
Accrued Interest
AccruedInterest
|
1974000 | usd |
CY2022Q3 | us-gaap |
Payments For Repurchase Of Initial Public Offering
PaymentsForRepurchaseOfInitialPublicOffering
|
11800000000 | usd |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
1657592 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
1935014 | shares |
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
38000 | usd |
CY2022Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
38000 | usd |
CY2023Q3 | us-gaap |
Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
|
1000 | usd |
CY2023Q3 | plur |
Aggregate Amount
AggregateAmount
|
2500000 | usd |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Offering Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPriceOfferingDate
|
0.80 | pure |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
32562596 | shares |
CY2022Q3 | plur |
Modification Of Warrants To Noncontrolling Interests
ModificationOfWarrantsToNoncontrollingInterests
|
usd | |
CY2022Q3 | plur |
Supplemental Noncash Information Related To Lease Liabilities Arising From Obtaining Rightofuse As
SupplementalNoncashInformationRelatedToLeaseLiabilitiesArisingFromObtainingRightofuseAs
|
usd | |
CY2023Q3 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2023Q3 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--06-30 | |
CY2023Q3 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2023Q3 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | |
CY2023Q3 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001158780 |