Palladyne AI Corp. (PDYN)

Palladyne AI Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	20.15	31.19	23.14	35.16	217.11	33.66
Short-Term Investments	42.55	8.88	15.95	79.34	-	-
Cash & Short-Term Investments	62.7	40.07	39.09	114.5	217.11	33.66
Cash Growth	142.74%	2.52%	-65.86%	-47.27%	544.94%	266.11%
Receivables	1.73	1.31	2.59	6.09	1.1	1.36
Inventory	0.08	0.07	1.07	3.56	1.01	0.71
Prepaid Expenses	0.79	0.63	1.3	3.76	4.96	0.31
Other Current Assets	0.51	0.65	1.03	1.19	4.15	0.29
Total Current Assets	65.81	42.73	45.06	129.1	228.33	36.33
Property, Plant & Equipment	12.13	13.09	14.93	18.92	7.05	1.43
Other Intangible Assets	-	-	-	19.12	-	-
Long-Term Accounts Receivable	0.03	-	0	0.01	0.04	0.09
Other Long-Term Assets	0.34	0.44	0.43	0.48	0.41	0.2
Total Assets	78.31	56.25	60.43	167.63	235.82	38.05
Accounts Payable	0.32	0.44	1.29	3.62	1.68	0.97
Accrued Expenses	2.58	2.67	5.22	6.03	3.44	1.26
Current Portion of Long-Term Debt	-	-	-	-	-	1.33
Current Portion of Leases	0.95	1.08	1.36	0.89	-	-
Current Unearned Revenue	-	0.25	0.08	-	-	-
Other Current Liabilities	-	-	0.51	-	1.04	-
Total Current Liabilities	3.84	4.43	8.46	10.53	6.16	3.56
Long-Term Debt	-	-	-	-	-	1.07
Long-Term Leases	9.47	9.96	11.04	12.39	0.01	0.24
Other Long-Term Liabilities	11.16	51.4	0.03	0.25	15.69	0.29
Total Liabilities	24.48	65.79	19.52	23.18	21.86	5.15
Common Stock	0	0	0	0	0.01	0.01
Additional Paid-In Capital	529.39	481.29	459.11	447.09	359.44	96.88
Retained Earnings	-475.56	-490.83	-418.21	-302.62	-145.49	-63.98
Comprehensive Income & Other	-0.01	0.01	0	-0.02	-	-
Total Common Equity	53.83	-9.53	40.91	144.45	213.96	32.91
Minority Interest	-	-	-	-	-	-0
Shareholders' Equity	53.83	-9.53	40.91	144.45	213.96	32.9
Total Liabilities & Equity	78.31	56.25	60.43	167.63	235.82	38.05
Total Debt	10.43	11.04	12.4	13.28	0.01	2.63
Net Cash (Debt)	52.28	29.04	26.69	101.22	217.11	31.03
Net Cash Growth	270.94%	8.79%	-73.63%	-53.38%	599.67%	237.47%
Net Cash Per Share	1.64	1.08	1.04	4.14	11.51	1.86
Filing Date Shares Outstanding	41.95	35.22	25.88	25.72	23.82	8.17
Total Common Shares Outstanding	40.37	33.88	25.88	25.71	22.95	8.17
Working Capital	61.97	38.3	36.61	118.57	222.17	32.78
Book Value Per Share	1.33	-0.28	1.58	5.62	9.32	4.03
Tangible Book Value	53.83	-9.53	40.91	125.33	213.96	32.91
Tangible Book Value Per Share	1.33	-0.28	1.58	4.88	9.32	4.03
Machinery	3.43	3.33	4.59	5.16	2.9	1.23
Construction In Progress	-	-	-	-	0.87	0.14
Leasehold Improvements	3.93	3.93	4.46	4.44	3.89	0.15
Order Backlog	-	3	-	-	-	-

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q