PDYN Q1 2023 Earnings — Palladyne AI Corp. Revenue & Financial Results | Market Cap Arena

PDYNPalladyne AI Corp.

$334M

Q1 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$2M+209.0% YoY

Gross Profit

$510,00022.2% margin

Operating Income

-$23M-1009.9% margin

Net Income

-$21M-935.4% margin

EPS (Diluted)

$-0.84

QoQ Revenue Growth

-62.5%

Cash Flow

Operating Cash Flow

-$20M

Free Cash Flow

-$21M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$148M

Total Liabilities

$22M

Stockholders' Equity

$126M

Cash & Equivalents

$25M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$743,000	+209.0%
Gross Profit	$510,000	$255,000	+100.0%
Operating Income	-$23M	-$26M	+9.5%
Net Income	-$21M	-$19M	-11.8%