PALI (PALI) financial statements
PALI reported revenue of $0 in fiscal 2025, up 47.8% a year over 7 years.
Net income was -$17M.
The diluted share count rose 500168% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from PALI's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16,246 | $260,000 | $260,000 | $15,394 | $13,520 | — | $0 | $250,000 | $0 | $0 |
| Research and development | $13M | $8M | $4M | $4M | $2M | $2M | $7M | $7M | $9M | $10M |
| Selling, general and admin | $7M | $5M | $5M | $5M | $6M | $9M | $9M | $6M | $6M | $8M |
| Operating income | -$21M | -$13M | -$8M | -$9M | -$9M | -$42M | -$16M | -$13M | -$15M | -$18M |
| Interest expense | $1M | $159,066 | $7,698 | $8,920 | $235,000 | $2M | $13,000 | $15,000 | $12,000 | $10,000 |
| Income tax | $0 | — | — | — | $1,000 | $0 | $0 | $0 | $0 | $0 |
| Net income | -$21M | -$16M | -$5M | -$8M | -$10M | -$27M | -$14M | -$12M | -$14M | -$17M |
| EPS (diluted) | -$1,897.50 | -$900.00 | -$5,655.00 | -$2,850.00 | -$2,790.00 | -$2,546.10 | -$247.95 | -$27.01 | -$10.19 | -$0.30 |
| Diluted shares | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 1M | 56M |
| Operating margin | -127027.2% | -5118.1% | -3176.7% | -56071.8% | -68764.8% | — | — | -5228.0% | — | — |
| Net margin | -129721.8% | -6025.4% | -1894.1% | -54252.6% | -76346.2% | — | — | -4920.0% | — | — |
Balance sheet
Fiscal years, from PALI's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $20M | $12M | $6M | $5M | $11M | $10M | $12M | $12M | $10M | $133M |
| Receivables | $10,491 | $312,802 | $294,057 | $21,064 | $59,000 | $0 | $0 | — | $0 | $0 |
| Total current assets | $21M | $12M | $7M | $6M | $896,000 | $12M | $15M | $13M | $10M | $134M |
| Property, plant and equipment | $269,557 | $172,886 | $90,311 | $41,036 | $5,000 | $3,000 | $10,000 | $10,000 | $3,000 | $0 |
| Total assets | $23M | $14M | $8M | $7M | $3M | $13M | $16M | $14M | $11M | $134M |
| Total current liabilities | $7M | $2M | $1M | $1M | $8M | $2M | $3M | $3M | $3M | $5M |
| Long-term debt | — | — | — | — | $94,000 | $0 | — | — | — | — |
| Total liabilities | $11M | $5M | $2M | $1M | $10M | $5M | $3M | $3M | $3M | $5M |
| Shareholders' equity | $11M | $9M | $6M | -$8M | -$17M | $7M | $12M | $11M | $7M | $129M |
| Net debt | -$11M | -$7M | -$6M | -$5M | -$9M | -$10M | -$12M | -$12M | -$10M | -$133M |
Cash flow
Fiscal years, from PALI's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$16M | -$13M | -$8M | -$7M | -$5M | -$15M | -$13M | -$11M | -$12M | -$11M |
| Capital spending | $98,088 | $11,401 | $1,714 | — | $6,000 | $0 | $10,000 | $4,000 | $0 | — |
| Free cash flow | -$16M | -$13M | -$8M | — | -$5M | -$15M | -$13M | -$11M | -$12M | — |
| Stock-based compensation | $3M | $2M | $634,082 | $880,789 | $2M | $2M | $1M | $624,000 | $652,000 | $4M |
| Net borrowing | -$5M | -$4M | — | — | — | — | — | — | — | — |
| Free cash flow margin | -96726.6% | -5164.4% | -2959.3% | — | -35310.7% | — | — | -4454.8% | — | — |
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What was PALI's revenue in 2025?
$0 in fiscal 2025, from its 10-K filing.
From PALI's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.