Palladyne AI Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	18.22	31.19	23.14	35.16	217.11
Short-Term Investments	28.84	8.88	15.95	79.34	-
Cash & Short-Term Investments	47.06	40.07	39.09	114.5	217.11
Cash Growth	17.43%	2.52%	-65.86%	-47.27%	544.94%
Accounts Receivable	1.06	1.18	0.56	1.87	0.79
Other Receivables	2.46	0.13	2.03	4.16	0.22
Total Trade Receivables	3.51	1.31	2.59	6.03	1.01
Inventory	0.34	0.07	1.07	3.56	1.01
Other Current Assets	1.65	1.28	2.32	5.02	9.2
Total Current Assets	52.56	42.73	45.06	129.1	228.33
Net Property, Plant & Equipment	17.53	13.09	14.93	18.92	7.05
Other Intangible Assets	10.43	-	-	19.12	-
Goodwill	14.73	-	-	-	-
Other Long-Term Assets	0.46	0.44	0.43	0.49	0.44
Total Assets	95.71	56.25	60.43	167.63	235.82
Accounts Payable	1.06	0.44	1.29	3.62	1.68
Accrued Expenses	3.55	2.92	5.81	6.03	4.48
Current Portion of Leases	1.06	1.08	1.36	0.89	-
Total Current Liabilities	5.67	4.43	8.46	10.53	6.16
Long-Term Leases	9.73	9.96	11.04	12.39	-
Other Long-Term Liabilities	5.65	51.4	0.03	0.26	15.7
Total Long-Term Liabilities	15.37	61.35	11.07	12.64	15.7
Total Liabilities	21.04	65.79	19.52	23.18	21.86
Common Stock	0.01	0	0	0	0
Additional Paid-in Capital	555.45	481.29	459.11	447.09	359.44
Accumulated Other Comprehensive Income	0.01	0.01	0	-0.02	-
Retained Earnings	-480.79	-490.83	-418.21	-302.62	-145.49
Total Common Shareholders' Equity	74.68	-9.53	40.91	144.45	213.95
Shareholders' Equity	74.68	-9.53	40.91	144.45	213.96
Total Liabilities & Equity	95.71	56.25	60.43	167.63	235.82
Total Debt	10.78	11.04	12.4	13.27	0
Net Cash (Debt)	36.27	29.04	26.69	101.22	217.11
Net Cash Growth	24.93%	8.79%	-73.63%	-53.38%	594.32%
Net Cash Per Share	0.86	1.08	1.04	4.14	11.51
Book Value	74.68	-9.53	40.91	144.45	213.95
Book Value Per Share	1.77	-0.36	1.60	5.90	11.34
Tangible Book Value	49.51	-9.53	40.91	125.33	213.95
Tangible Book Value Per Share	1.18	-0.36	1.60	5.12	11.34

Updated Mar 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q