Palladyne AI Corp
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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FY2024 · Filed Feb 20, 2025
PDYN$3.02+11.6%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in thousands, except share data)
| As of | ||
|---|---|---|
| December 31, 2024 | December 31, 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $31,188 | $23,139 |
| Marketable securities | 8,883 | 15,947 |
| Accounts receivable, net of allowance for credit losses of $0.3 million and $0.0 million at December 31, 2024 and 2023, respectively | 134 | 555 |
| Unbilled receivables | 1,179 | 2,034 |
| Inventories | 71 | 1,065 |
| Prepaid expenses and other current assets | 1,275 | 2,323 |
| Total current assets | 42,730 | 45,063 |
| Property and equipment, net | 4,244 | 4,842 |
| Operating lease assets | 8,841 | 10,092 |
| Other non-current assets | 438 | 429 |
| Total assets | $56,253 | $60,426 |
| Liabilities and stockholders’ equity (deficit) | ||
| Current liabilities: | ||
| Accounts payable | $435 | $1,291 |
| Accrued liabilities | 2,919 | 5,805 |
| Current operating lease liabilities | 1,079 | 1,360 |
| Total current liabilities | 4,433 | 8,456 |
| Operating lease liabilities | 9,957 | 11,036 |
| Warrant liabilities | 51,396 | 29 |
| Total liabilities | 65,786 | 19,521 |
| Commitments and contingencies (Note 12) | ||
| Stockholders’ equity: | ||
| Common stock, $0.0001 par value, 165,000,000 shares authorized as of December 31, 2024, and December 31, 2023; 33,883,894 and 25,877,865 shares issued and outstanding as of December 31, 2024, and December 31, 2023, respectively | 3 | 3 |
| Additional paid-in capital | 481,289 | 459,113 |
| Accumulated other comprehensive income | 6 | 3 |
| Accumulated deficit | (490,831) | (418,214) |
| Total stockholders’ equity (deficit) | (9,533) | 40,905 |
| Total liabilities and stockholders’ equity (deficit) | $56,253 | $60,426 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.