Palladyne AI (PDYN) Balance Sheet: Assets & Liabilities

Palladyne AI (PDYN) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Palladyne AI reported total assets of $95.71M and total liabilities of $21.04M. Shareholders' equity was $74.67M. Total debt stood at $10.78M against $47.05M in cash and short-term investments, a net cash position of $36.27M. That puts debt-to-equity at 0.14.

Palladyne AI Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Palladyne AI Corp. (PDYN) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Current Assets
Cash and Cash Equivalents	18.22	31.19	23.14	35.16	217.11	33.66
Short-Term Investments	28.84	8.88	15.95	79.34	0.00	0.00
Cash & Short-Term Investments	47.06	40.07	39.09	114.50	217.11	33.66
Accounts Receivable	3.51	1.31	2.59	1.87	0.79	1.27
Inventory	0.34	0.07	1.07	3.56	1.01	0.71
Other Current Assets	1.65	1.28	2.32	5.02	9.20	0.69
Total Current Assets	52.56	42.73	45.06	129.10	228.33	36.33
Non-Current Assets
Property, Plant & Equipment (Net)	17.53	13.09	14.93	18.92	7.05	1.43
Goodwill	14.73	0.00	0.00	0.00	0.00	0.00
Intangible Assets	10.43	0.00	0.00	19.12	0.00	0.00
Other Non-Current Assets	0.46	0.44	0.43	0.49	0.44	0.29
Total Non-Current Assets	43.16	13.52	15.36	38.53	7.49	1.72
Total Assets	95.71	56.25	60.43	167.63	235.82	38.05
Current Liabilities
Accounts Payable	1.06	0.44	1.29	3.62	1.68	0.97
Short-Term Debt	1.06	1.08	1.36	0.89	0.00	1.33
Current Portion of Long-Term Debt	-	-	-	-	-	1.33
Accrued Liabilities	2.74	2.18	5.81	6.03	4.48	1.26
Deferred Revenue	0.82	0.25	0.08	0.00	0.00	0.00
Other Current Liabilities	2.74	2.67	5.73	6.03	1.04	0.32
Total Current Liabilities	5.67	4.43	8.46	10.53	6.16	3.56
Non-Current Liabilities
Long-Term Debt	9.73	9.96	11.04	12.39	0.01	1.31
Other Non-Current Liabilities	5.65	51.40	0.03	0.26	15.70	0.29
Total Non-Current Liabilities	15.37	61.35	11.07	12.64	15.70	1.59
Total Liabilities	21.04	65.79	19.52	23.18	21.86	5.15
Stockholders' Equity
Common Stock	0.01	0.00	0.00	0.00	0.00	0.01
Retained Earnings	-480.79	-490.83	-418.21	-302.62	-145.49	-63.98
Accumulated Other Comprehensive Income	0.01	0.01	0.00	-0.02	0.00	0.00
Additional Paid-in Capital	555.45	481.29	459.11	447.09	359.44	96.88
Minority Interest	0.00	0.00	0.00	0.00	0.00	0.00
Shares Outstanding	46.12	33.88	25.88	25.71	22.95	-
Total Stockholders' Equity	74.68	-9.53	40.91	144.45	213.96	32.91
Total Liabilities & Equity	95.71	56.25	60.43	167.63	235.82	38.05

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Palladyne AI Balance Sheet

How much debt does Palladyne AI have?

Palladyne AI had total debt of $10.78M as of Dec 31, 2025, against $47.05M in cash and short-term investments. Its debt-to-equity ratio was 0.14. Total debt was $11.04M a year earlier.

What are Palladyne AI's total assets?

Palladyne AI reported total assets of $95.71M as of Dec 31, 2025, up 70.1% from $56.25M a year earlier. Total liabilities were $21.04M.

What is Palladyne AI's shareholders' equity?

Palladyne AI's shareholders' equity was $74.67M as of Dec 31, 2025, or about $1.62 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition