Palladyne AI Corp. (PDYN) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 50.35M | 52.56M | 60.51M | 65.81M | 50.26M | 42.73M | 24.7M | 30.53M | 35.53M | 45.06M | 61.39M | 85.27M | 110.46M | 129.1M | 146.07M | 164.15M | 207.89M | 228.33M | 242.85M | 25.68M |
| Cash & Short-Term Investments | 43.68M | 47.05M | 57.15M | 62.7M | 46.64M | 40.07M | 21.33M | 25.83M | 31.8M | 39.09M | 55.12M | 75.14M | 94.72M | 114.5M | 135.38M | 152.77M | 198.96M | 217.11M | 239.15M | 19.54M |
| Cash Only | 17.85M | 18.22M | 27.36M | 20.15M | 10.06M | 31.19M | 21.33M | 25.83M | 31.8M | 23.14M | 35.31M | 25.57M | 25.37M | 35.16M | 16.13M | 73.26M | 198.96M | 217.11M | 239.15M | 19.54M |
| Short-Term Investments | 25.82M | 28.84M | 29.79M | 42.55M | 36.58M | 8.88M | 0 | 0 | 0 | 15.95M | 19.81M | 49.58M | 69.35M | 79.34M | 119.25M | 79.51M | 0 | 0 | 0 | 0 |
| Accounts Receivable | 4.21M | 3.51M | 2.15M | 1.73M | 1.93M | 1.31M | 2.2M | 2.82M | 1.96M | 2.59M | 3.02M | 2.81M | 4.75M | 6.03M | 4.42M | 3.97M | 959K | 1.01M | 833K | 709K |
| Days Sales Outstanding | 98.19 | 156.61 | 207.48 | 164.25 | 85.34 | 212.17 | 264.8 | 80.08 | 60.12 | 345.56 | 146.59 | 269.08 | 211.1 | 78.52 | 82.73 | 73.84 | 119.19 | 84.39 | 62.83 | 226.41 |
| Inventory | 989K | 339K | 76K | 76K | 73K | 71K | 0 | 0 | 0 | 1.06M | 1.11M | 3.72M | 6.06M | 3.56M | 3.22M | 1.9M | 1M | 1.01M | 1.31M | 1.26M |
| Days Inventory Outstanding | 24.16 | 13.62 | 15.17 | 14.3 | 18.36 | 11.79 | - | - | - | 91.7 | 181.85 | 471.94 | 242.39 | 70.85 | 65.75 | 41.96 | 185.44 | 100.68 | 127.4 | 679.79 |
| Other Current Assets | 1.47M | 1.65M | 434K | 944K | 1.26M | 908K | 740K | 442K | 310K | 1.45M | 588K | 1.51M | 2.58M | 1.59M | 2.39M | 3.23M | 3.36M | 101K | 689K | 3.55M |
| Total Non-Current Assets | 42.2M | 43.16M | 12.42M | 12.5M | 13.04M | 13.52M | 14.04M | 14.58M | 14.88M | 15.36M | 34.19M | 35.4M | 37.4M | 38.53M | 98.74M | 99.86M | 7.3M | 7.49M | 7.59M | 4.89M |
| Property, Plant & Equipment | 16.96M | 17.53M | 12.09M | 12.13M | 12.63M | 13.09M | 13.57M | 14.08M | 14.47M | 14.93M | 17.09M | 17.45M | 18.62M | 18.92M | 7.64M | 7.78M | 6.84M | 7.05M | 5.24M | 4.4M |
| Fixed Asset Turnover | 0.21x | 0.11x | 0.07x | 0.08x | 0.13x | 0.06x | 0.06x | 0.19x | 0.23x | 0.05x | 0.11x | 0.07x | 0.12x | 0.46x | 0.61x | 0.42x | 0.11x | 0.16x | 0.23x | 0.26x |
| Goodwill | 14.73M | 14.73M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 70.66M | 70.86M | 0 | 0 | 0 | 0 |
| Intangible Assets | 10.07M | 10.43M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.66M | 17.48M | 18.3M | 19.12M | 19.93M | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 434K | 460K | 330K | 370K | 408K | 438K | 470K | 501K | 410K | 429K | 446K | 463K | 480K | 487K | 511K | 21.23M | 460K | 441K | 2.36M | 491K |
| Total Assets | 92.55M | 95.71M | 72.93M | 78.31M | 63.3M | 56.25M | 38.74M | 45.11M | 50.4M | 60.43M | 95.58M | 120.67M | 147.86M | 167.63M | 244.81M | 264.01M | 215.19M | 235.82M | 250.45M | 30.57M |
| Asset Turnover | 0.04x | 0.02x | 0.01x | 0.01x | 0.03x | 0.02x | 0.02x | 0.06x | 0.06x | 0.01x | 0.02x | 0.01x | 0.01x | 0.03x | 0.02x | 0.01x | 0.00x | 0.00x | 0.01x | 0.04x |
| Asset Growth % | 46.21% | 70.15% | 88.26% | 73.58% | 25.59% | -6.91% | -59.47% | -62.61% | -65.91% | -63.95% | -60.96% | -54.29% | -31.29% | -28.92% | -2.25% | 763.51% | - | - | - | - |
| Total Current Liabilities | 6.42M | 5.67M | 4.46M | 3.84M | 3.14M | 4.43M | 4.92M | 4.72M | 5.22M | 8.46M | 7.95M | 9.69M | 9.4M | 10.53M | 9.84M | 9.78M | 5.5M | 6.16M | 4.73M | 3.88M |
| Accounts Payable | 1.06M | 1.06M | 565K | 316K | 273K | 435K | 178K | 410K | 758K | 1.29M | 2.06M | 4.6M | 2.65M | 3.62M | 2.61M | 1.65M | 1.63M | 1.68M | 1.93M | 2.04M |
| Days Payables Outstanding | 38.54 | 53.25 | 87.91 | 56.54 | 90.25 | 50.9 | 56.47 | 93.4 | 49.43 | 141.25 | 250.44 | 349.77 | 158.03 | 65.1 | 54.72 | 47.37 | 305.23 | 156.83 | 196.97 | 1.1K |
| Short-Term Debt | 1.08M | 1.06M | 976K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 896K | 0 | 0 | 0 | 0 | 0 | 108K | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 496K | 496K | 744K | 0 | 0 | 0 | 75K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 4.27M | 3.55M | 816K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.1M | 0 | 994K | 4.11M | 2.6M | 1.97M | 765K | 286K |
| Current Ratio | 7.85x | 9.28x | 13.56x | 17.12x | 16.03x | 9.64x | 5.02x | 6.47x | 6.81x | 5.33x | 7.72x | 8.80x | 11.75x | 12.26x | 14.84x | 16.79x | 37.83x | 37.06x | 51.34x | 6.63x |
| Quick Ratio | 7.69x | 9.22x | 13.54x | 17.10x | 16.00x | 9.62x | 5.02x | 6.47x | 6.81x | 5.20x | 7.59x | 8.42x | 11.10x | 11.92x | 14.51x | 16.59x | 37.64x | 36.90x | 51.07x | 6.30x |
| Cash Conversion Cycle | 83.82 | 116.98 | 134.74 | 122.01 | 13.44 | 173.06 | - | - | - | 296.01 | 78 | 391.25 | 295.46 | 84.27 | 93.76 | 68.43 | -0.59 | 28.24 | -6.74 | -197.98 |
| Total Non-Current Liabilities | 16.22M | 15.37M | 16.62M | 20.63M | 31.87M | 61.35M | 10.4M | 10.59M | 10.98M | 11.06M | 11.48M | 11.93M | 12.72M | 12.64M | 3.97M | 7.95M | 9.27M | 15.7M | 9.28M | 4.04M |
| Long-Term Debt | 9.45M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.89M | 2M |
| Capital Lease Obligations | 0 | 9.72M | 9.22M | 9.47M | 9.72M | 9.96M | 10.19M | 10.43M | 10.71M | 11.04M | 11.39M | 11.74M | 12.07M | 12.39M | 2.04M | 5K | 6K | 7K | 8K | 244K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 248K | 2.77M | 0 | 0 | 286K | 0 |
| Other Non-Current Liabilities | 6.77M | 5.65M | 7.4M | 11.16M | 22.15M | 51.4M | 204K | 161K | 277K | 29K | 92K | 195K | 651K | 253K | 1.69M | 5.18M | 9.27M | 15.69M | 7.09M | 1.8M |
| Total Liabilities | 22.64M | 21.04M | 21.08M | 24.48M | 35M | 65.79M | 15.32M | 15.3M | 16.2M | 19.52M | 19.43M | 21.62M | 22.13M | 23.18M | 13.82M | 17.73M | 14.77M | 21.86M | 14.01M | 7.92M |
| Total Debt | 10.53M | 10.78M | 10.19M | 10.43M | 10.71M | 11.04M | 11.39M | 11.74M | 12.07M | 12.4M | 12.7M | 12.78M | 12.97M | 13.28M | 2.04M | 5K | 6K | 7K | 2.01M | 2.24M |
| Net Debt | -7.32M | -7.44M | -17.17M | -9.72M | 647K | -20.15M | -9.94M | -14.09M | -19.72M | -10.74M | -22.61M | -12.79M | -12.4M | -21.88M | -14.09M | -73.25M | -198.95M | -217.11M | -237.14M | -17.3M |
| Debt / Equity | 0.15x | 0.14x | 0.20x | 0.19x | 0.38x | - | 0.49x | 0.39x | 0.35x | 0.30x | 0.17x | 0.13x | 0.10x | 0.09x | 0.01x | 0.00x | 0.00x | 0.00x | 0.01x | 0.10x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -6911.00x | -5784.00x | -590.08x |
| Total Equity | 69.92M | 74.67M | 51.85M | 53.83M | 28.3M | -9.53M | 23.42M | 29.81M | 34.2M | 40.91M | 76.16M | 99.05M | 125.73M | 144.45M | 230.99M | 246.28M | 200.43M | 213.96M | 236.44M | 22.66M |
| Equity Growth % | 147.06% | 883.33% | 121.37% | 80.58% | -17.26% | -123.31% | -69.25% | -69.9% | -72.8% | -71.68% | -67.03% | -59.78% | -37.27% | -32.49% | -2.3% | 987.08% | - | - | - | - |
| Book Value per Share | 1.55 | 1.76 | 1.28 | 1.43 | 1.05 | -0.35 | 0.89 | 1.12 | 1.32 | 1.58 | 2.96 | 3.88 | 4.94 | 5.70 | 9.18 | 10.10 | 8.72 | 9.32 | 13.31 | 1.29 |
| Total Shareholders' Equity | 69.92M | 74.67M | 51.85M | 53.83M | 28.3M | -9.53M | 23.42M | 29.81M | 34.2M | 40.91M | 76.16M | 99.05M | 125.73M | 144.45M | 230.99M | 246.28M | 200.43M | 213.96M | 236.44M | 22.66M |
| Common Stock | 5K | 5K | 4K | 4K | 4K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 15K | 3K | 15K | 15K | 14K | 14K | 13K | 8K |
| Retained Earnings | -493.4M | -480.79M | -479.3M | -475.56M | -468.07M | -490.83M | -437.86M | -430.77M | -425.44M | -418.21M | -381.74M | -352.76M | -324.1M | -302.62M | -210.31M | -187.81M | -164.69M | -145.49M | -111.43M | -74.44M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1K | 11K | 14K | -6K | -3K | 6K | 0 | 0 | -1K | 3K | 2K | -12K | 42K | -17K | -134K | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |