Palladyne AI Corp.
PDYNNasdaqTechnology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $5.2M | $7.8M | $6.1M | $14.6M | $5.1M | $8.8M |
| Operating income | −$32.4M | −$26.9M | −$121.0M | −$177.0M | −$81.0M | −$21.0M |
| Net income | $10.0M | −$72.6M | −$115.6M | −$157.1M | −$81.5M | −$1,450 |
| Total assets | $95.7M | $56.3M | $60.4M | $167.6M | $235.8M | $137,336 |
| Total liabilities | $21.0M | $65.8M | $19.5M | $23.2M | $21.9M | $113,786 |
| Equity | $74.7M | −$9.5M | $40.9M | $144.4M | $214.0M | $23,550 |
| EPS (diluted) | $0.24 | $-2.71 | $-4.51 | $-6.42 | $-0.72 | — |
| Shares out. | 35.2M | 25.9M | 154.3M | 142.9M | 21.5M | 104.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −617.7%
- Net margin
- 191.4%
- Return on equity
- 13.4%
- Return on assets
- 10.5%
- Return on capital (ROCE)
- −36.0%
- Liabilities / assets
- 22.0%
- Debt / equity
- 0.28×
- Book value / share
- $2.12
- Revenue growth (YoY)
- −32.6%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -11.71distress
- Accruals / assets
- 39.4%high accruals
- Beneish M-Score
- 9.70elevated
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 5 warning● 1 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Revenue declined year-over-year
- Negative operating cash flow
- High accruals — earnings-quality risk
- Beneish M-Score elevated — earnings-manipulation screen flag
- Conservative leverage (liabilities < 50% of assets)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 18, 2021
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Kerber William Xavier IiiActivist (13D)May 14, 2026
- Blackrock Portfolio Management LlcPassive (13G)Jan 21, 2026
- Blackrock, Inc.Passive (13G)Apr 25, 2025
- Schlumberger Limited/NvPassive (13G)Feb 12, 2025
- Smith FraserActivist (13D)Dec 31, 2024
- Olivier MarcActivist (13D)Dec 31, 2024
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 6.8M | 4.3 | -0.8% |
| Apr 30, 2026 | 6.8M | 6.1 | -1.2% |
| Apr 15, 2026 | 6.9M | 6.7 | +4.4% |
| Mar 31, 2026 | 6.6M | 2.4 | +7.6% |
| Mar 13, 2026 | 6.2M | 1.0 | -18.9% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operations · Regulation FD disclosureMay 5, 2026
- Results of operations · Regulation FD disclosureMar 5, 2026
- Director / officer change · Regulation FD disclosureFeb 18, 2026
- Regulation FD disclosureJan 14, 2026
- Results of operations · Regulation FD disclosure · Other material eventJan 13, 2026
- Regulation FD disclosureNov 17, 2025
- Unregistered equity sale · Director / officer change · Regulation FD disclosure · Other material eventNov 17, 2025
- Results of operations · Regulation FD disclosureNov 12, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (3)
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