PDYN Q2 2023 Earnings — Palladyne AI Corp. Revenue & Financial Results | Market Cap Arena

PDYNPalladyne AI Corp.

$334M

Q2 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$1M-58.0% YoY

Gross Profit

$334,00026.2% margin

Operating Income

-$30M-2346.0% margin

Net Income

-$29M-2244.3% margin

EPS (Diluted)

$-1.12

QoQ Revenue Growth

-44.4%

Cash Flow

Operating Cash Flow

-$20M

Free Cash Flow

-$20M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$121M

Total Liabilities

$22M

Stockholders' Equity

$99M

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1M	$3M	-58.0%
Gross Profit	$334,000	-$108,000	+409.3%
Operating Income	-$30M	-$29M	-3.4%
Net Income	-$29M	-$23M	-24.0%