PDYN Q2 2024 Earnings — Palladyne AI Corp. Revenue & Financial Results | Market Cap Arena

PDYNPalladyne AI Corp.

$334M

Q2 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$3M+112.5% YoY

Gross Profit

$2M79.0% margin

Operating Income

-$6M-213.3% margin

Net Income

-$5M-196.2% margin

EPS (Diluted)

$-0.20

QoQ Revenue Growth

-21.2%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$6M

Stock-Based Comp.

$958,000

Balance Sheet

Total Assets

$45M

Total Liabilities

$15M

Stockholders' Equity

$30M

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$1M	+112.5%
Gross Profit	$2M	$334,000	+541.9%
Operating Income	-$6M	-$30M	+80.7%
Net Income	-$5M	-$29M	+81.4%