Palladyne AI Corp.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $5.2M | $7.8M | $6.1M | $14.6M | $5.1M | $8.8M |
| Cost of Revenue | $2.7M | $3.5M | $5.0M | $11.6M | $3.9M | $5.6M |
| Gross Profit | $2.6M | $4.3M | $1.1M | $3.0M | $1.2M | $3.2M |
| Gross Margin | 48.7% | 55.2% | 18.0% | 20.3% | 23.8% | 36.4% |
| Operating Expenses | ||||||
| Research & Development | $12.9M | $10.4M | $39.0M | $34.1M | $17.5M | $14.1M |
| SG&A Expense | $17.2M | $16.8M | $31.5M | $63.5M | $58.1M | $7.3M |
| Operating Income | $-32.4M | $-26.9M | $-121.0M | $-177.0M | $-81.0M | $-21.0M |
| Operating Margin | -617.7% | -345.8% | -1,968.0% | -1,215.2% | -1,595.9% | -238.3% |
| Interest Expense | — | — | — | — | — | — |
| Pretax Income | $7.5M | $-72.6M | $-115.6M | $-161.0M | $-81.5M | $-20.9M |
| Income Tax Expense | $-2.5M | $5.0K | $7.0K | $-3.9M | $1.0K | $1.0K |
| Net Income | $10.0M | $-72.6M | $-115.6M | $-157.1M | $-81.5M | $-20.9M |
| Net Margin | 191.4% | -932.7% | -1,880.8% | -1,078.5% | -1,606.1% | -237.4% |
| EPS (Basic) | $0.26 | $-2.71 | $-4.51 | $-6.42 | $-0.72 | $-0.21 |
| EPS (Diluted) | $0.24 | $-2.71 | $-4.51 | $-6.42 | $-0.72 | $-0.21 |
| Shares Outstanding (Basic) | 38.8M | 26.8M | 25.6M | 24.5M | 113.2M | 104.0M |
| Shares Outstanding (Diluted) | 42.1M | 26.8M | 25.6M | 24.5M | 113.2M | 104.0M |
| Dividends Per Share | — | — | — | — | — | — |