Palladyne AI Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	7.29	6.15	14.57	5.08	8.81	10.15
Revenue Growth (YoY)	-54.78%	-57.81%	187.07%	-42.41%	-13.17%	-
Cost of Revenue	5.14	5.04	11.61	3.87	5.6	5.75
Gross Profit	2.15	1.11	2.96	1.21	3.21	4.4
Selling, General & Admin	34.74	42.28	73.43	64.68	10.09	9.85
Research & Development	32.5	39.01	34.14	17.52	14.12	12.9
Other Operating Expenses	40.03	40.77	72.42	0	0	0
Operating Expenses	107.27	122.06	179.99	82.2	24.21	22.75
Operating Income	-105.12	-120.96	-177.04	-80.99	-21	-18.35
Interest Expense / Income	0	0	0	0.03	-0.04	0
Other Expense / Income	-3.78	-5.37	-16.02	0.48	-0.03	-0.31
Pretax Income	-101.34	-115.59	-161.02	-81.51	-20.93	-18.04
Income Tax	0.01	0.01	-3.89	0	0	0
Net Income	-101.35	-115.59	-157.13	-81.51	-20.93	-18.04
Shares Outstanding (Basic)	26	26	24	19	17	1
Shares Outstanding (Diluted)	26	26	24	19	17	1
Shares Change	1.60%	4.76%	29.73%	13.05%	1351.72%	-
EPS (Basic)	-3.95	-4.51	-6.42	-4.32	-1.26	-15.72
EPS (Diluted)	-3.95	-4.51	-6.42	-4.32	-1.26	-15.72
Free Cash Flow	-64.18	-77.4	-66.89	-46.79	-17.83	-16.68
Free Cash Flow Per Share	-2.48	-3.02	-2.73	-2.48	-1.07	-14.51
Gross Margin	29.49%	17.98%	20.28%	23.80%	36.43%	43.39%
Operating Margin	-1441.79%	-1968.04%	-1215.17%	-1595.88%	-238.27%	-180.77%
Profit Margin	-1390.02%	-1880.78%	-1078.52%	-1606.07%	-237.44%	-177.73%
Free Cash Flow Margin	-880.24%	-1259.39%	-459.12%	-921.99%	-202.34%	-164.34%
EBITDA	-98.01	-111.21	-157.43	-80.94	-20.51	-17.74
EBITDA Margin	-1344.22%	-1809.49%	-1080.58%	-1594.92%	-232.69%	-174.80%
Depreciation & Amortization	3.33	4.38	3.59	0.53	0.46	0.3
EBIT	-101.34	-115.59	-161.02	-81.47	-20.97	-18.04
EBIT Margin	-1389.92%	-1880.67%	-1105.24%	-1605.38%	-237.89%	-177.72%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).