Palladyne AI Corp.

For the period ended Jun 30, 2026. Filed Aug 6, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 6, 2026

PDYN$3.57+0.8%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

(in thousands, except share and per share data)

	Three Months Ended June 30,		Six Months Ended June 30,
	2026	2025	2026	2025
Revenue, net	$5,783	$1,015	$9,321	$2,725
Operating expenses:
Cost of revenue (exclusive of items shown separately below)	4,102	474	6,575	827
Research and development	4,326	3,125	8,231	5,995
General and administrative	8,143	4,179	15,020	8,378
Sales and marketing	2,269	1,331	4,116	2,550
Intangible amortization expense	356	—	711	—
Total operating expenses	19,196	9,109	34,653	17,750
Loss from operations	(13,413)	(8,094)	(25,332)	(15,025)
Interest income, net	262	505	587	946
Gain (loss) on warrant liabilities	814	102	(232)	29,351
Other income, net	11	—	43	—
(Loss) income before income tax expense	(12,326)	(7,487)	(24,934)	15,272
Income tax expense	—	—	—	—
Net (loss) income	$(12,326)	$(7,487)	$(24,934)	$15,272
Net (loss) income per share
Basic	$(0.27)	$(0.20)	$(0.55)	$0.42
Diluted	$(0.27)	$(0.20)	$(0.55)	$0.39
Weighted-average shares used in computing net (loss) income per share
Basic	45,986,936	37,746,302	45,531,239	36,231,623
Diluted	45,986,936	37,746,302	45,531,239	39,567,022

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.