Palladyne AI Corp.
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Palladyne AI Corp.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 58% to $6,146,000. The net income raised on -$115,593,000 and profit margin reached -1881%. Total operating expenses were $122,061,000.

Profit Margin

Palladyne AI Corp. (NASDAQ:PDYN): Profit margin
2020 8.81M -20.92M -237.44%
2021 5.07M -81.50M -1606.07%
2022 14.56M -157.13M -1078.52%
2023 6.14M -115.59M -1880.78%

PDYN Income Statement (2020 – 2023)

2023 2022 2021 2020
Revenue
Revenue
6.14M14.56M5.07M8.81M
Cost of revenue
5.04M11.61M3.86M5.60M
Gross profit
1.10M2.95M1.20M3.21M
Operating exp.
Research and development
39.01M34.14M17.51M14.11M
Selling and marketing
10.82M9.94M6.62M2.79M
Total operating expenses
122.06M109.75M82.19M24.21M
Operating income
-83.01M-177.03M-80.99M-20.99M
Other income (expenses), net
-32.57M-56.05M-482K74K
Income before tax
-115.58M-161.02M-81.50M-20.92M
Income tax expense
7K-3.89M1K1K
Net income
-115.59M-157.13M-81.50M-20.92M
Earnings per share
Basic EPS
-4.51-6.42-4.32-1.21
Diluted EPS
-4.51-6.42-4.32-1.21