Palladyne AI Corp. (PDYN)

Palladyne AI Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	27.17	18.22	31.19	23.14	35.16	217.11
Short-Term Investments	19.79	28.84	8.88	15.95	79.34	-
Cash & Short-Term Investments	46.96	47.06	40.07	39.09	114.5	217.11
Cash Growth	-17.82%	17.43%	2.52%	-65.86%	-47.27%	544.94%
Receivables	6.65	3.55	1.34	2.59	6.09	1.1
Inventory	1.44	0.34	0.07	1.07	3.56	1.01
Prepaid Expenses	1.26	1.62	1.25	1.3	3.76	4.96
Other Current Assets	-	-	-	1.03	1.19	4.15
Total Current Assets	56.32	52.56	42.73	45.06	129.1	228.33
Property, Plant & Equipment	17.61	17.53	13.09	14.93	18.92	7.05
Goodwill	14.73	14.73	-	-	-	-
Other Intangible Assets	9.36	10.43	-	-	19.12	-
Long-Term Accounts Receivable	-	-	-	0	0.01	0.04
Other Long-Term Assets	0.39	0.46	0.44	0.43	0.48	0.41
Total Assets	98.42	95.71	56.25	60.43	167.63	235.82

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1.34	1.06	0.44	1.29	3.62	1.68
Accrued Expenses	5.31	2.57	2.18	5.22	6.03	3.44
Current Portion of Leases	1.23	1.22	1.08	1.36	0.89	-
Current Unearned Revenue	1.12	0.82	0.74	0.08	-	-
Other Current Liabilities	-	-	-	0.51	-	1.04
Total Current Liabilities	8.99	5.67	4.43	8.46	10.53	6.16
Long-Term Debt	1.32	-	-	-	-	-
Long-Term Leases	9.04	10.49	9.96	11.04	12.39	0.01
Other Long-Term Liabilities	3.63	4.89	51.4	0.03	0.25	15.69
Total Liabilities	22.97	21.04	65.79	19.52	23.18	21.86

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.01	0.01	0	0	0	0.01
Additional Paid-In Capital	593.19	555.45	481.29	459.11	447.09	359.44
Retained Earnings	-517.74	-480.79	-490.83	-418.21	-302.62	-145.49
Comprehensive Income & Other	-0.01	0.01	0.01	0	-0.02	-
Total Common Equity	75.44	74.68	-9.53	40.91	144.45	213.96
Shareholders' Equity	75.44	74.68	-9.53	40.91	144.45	213.96
Total Liabilities & Equity	98.42	95.71	56.25	60.43	167.63	235.82

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	11.58	11.71	11.04	12.4	13.28	0.01
Net Cash (Debt)	35.38	35.35	29.04	26.69	101.22	217.11
Net Cash Growth	-24.65%	21.73%	8.79%	-73.63%	-53.38%	599.67%
Net Cash Per Share	0.78	0.84	1.08	1.04	4.14	11.51
Filing Date Shares Outstanding	51.38	46.49	35.22	25.88	25.72	23.82
Total Common Shares Outstanding	51.35	46.12	33.88	25.88	25.71	22.95
Working Capital	47.33	46.89	38.3	36.61	118.57	222.17
Book Value Per Share	1.47	1.62	-0.28	1.58	5.62	9.32
Tangible Book Value	51.35	49.51	-9.53	40.91	125.33	213.96
Tangible Book Value Per Share	1.00	1.07	-0.28	1.58	4.88	9.32
Land	1.88	1.83	-	-	-	-
Machinery	6.78	5.05	3.33	4.59	5.16	2.9
Construction In Progress	0.46	0.68	-	-	-	0.87
Leasehold Improvements	4.19	4.13	3.93	4.46	4.44	3.89
Order Backlog	-	13.9	-	-	-	-

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Nov 10, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 14, 2026

Data Sources Report a data error