PDYN Q1 2024 Earnings — Palladyne AI Corp. Revenue & Financial Results | Market Cap Arena

PDYNPalladyne AI Corp.

$334M

Q1 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$3M+49.9% YoY

Gross Profit

$2M45.2% margin

Operating Income

-$7M-213.7% margin

Net Income

-$7M-210.1% margin

EPS (Diluted)

$-0.28

QoQ Revenue Growth

+361.3%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$7M

Stock-Based Comp.

$571,000

Balance Sheet

Total Assets

$50M

Total Liabilities

$16M

Stockholders' Equity

$34M

Cash & Equivalents

$32M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$2M	+49.9%
Gross Profit	$2M	$510,000	+204.9%
Operating Income	-$7M	-$23M	+68.3%
Net Income	-$7M	-$21M	+66.3%