PDYN (PDYN) financial statements
PDYN reported revenue of $5M in fiscal 2025, down 9.9% a year over 5 years.
Net income was $10M and the operating margin -617.7%, against -238.3% in 2020.
Free cash flow was -$28M.
The diluted share count rose 152% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from PDYN's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $9M | $5M | $15M | $6M | $8M | $5M |
| Cost of revenue | $6M | $4M | $12M | $5M | $3M | $3M |
| Gross profit | $3M | $1M | $3M | $1M | $4M | $3M |
| Research and development | $14M | $18M | $34M | $39M | $10M | $13M |
| Selling, general and admin | $10M | $65M | $73M | $42M | $21M | $22M |
| Operating income | -$21M | -$81M | -$177M | -$121M | -$27M | -$32M |
| Pre-tax income | -$21M | -$82M | -$161M | -$116M | -$73M | $8M |
| Income tax | $1,000 | $1,000 | -$4M | $7,000 | $5,000 | -$3M |
| Net income | -$21M | -$82M | -$157M | -$116M | -$73M | $10M |
| EPS (diluted) | -$1.26 | -$4.32 | -$6.42 | -$4.51 | -$2.71 | $0.24 |
| Diluted shares | 17M | 19M | 24M | 26M | 27M | 42M |
| Gross margin | 36.4% | 23.8% | 20.3% | 18.0% | 55.2% | 48.7% |
| Operating margin | -238.3% | -1595.9% | -1215.2% | -1968.0% | -345.8% | -617.7% |
| Net margin | -237.4% | -1606.1% | -1078.5% | -1880.8% | -932.7% | 191.4% |
Balance sheet
Fiscal years, from PDYN's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $34M | $217M | $114M | $39M | $40M | $47M |
| Receivables | $1M | $788,000 | $2M | $555,000 | $134,000 | $1M |
| Inventory | $707,000 | $1M | $4M | $1M | $71,000 | $339,000 |
| Total current assets | $36M | $228M | $129M | $45M | $43M | $53M |
| Property, plant and equipment | $1M | $7M | $8M | $5M | $4M | $9M |
| Goodwill | — | — | — | — | $0 | $15M |
| Total assets | $38M | $236M | $168M | $60M | $56M | $96M |
| Total current liabilities | $4M | $6M | $11M | $8M | $4M | $6M |
| Total liabilities | $5M | $22M | $23M | $20M | $66M | $21M |
| Shareholders' equity | $33M | $214M | $144M | $41M | -$10M | $75M |
| Net debt | -$34M | -$217M | -$35M | -$23M | -$31M | -$18M |
Cash flow
Fiscal years, from PDYN's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$17M | -$42M | -$65M | -$77M | -$23M | -$28M |
| Capital spending | $950,000 | $5M | $1M | $782,000 | $265,000 | $713,000 |
| Free cash flow | -$18M | -$47M | -$67M | -$77M | -$23M | -$28M |
| Stock-based compensation | $2M | $43M | $36M | $12M | $3M | $4M |
| Net borrowing | — | — | — | — | $0 | -$4M |
| Free cash flow margin | -202.3% | -922.0% | -459.1% | -1259.4% | -294.0% | -540.4% |
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Open PDYN in InvestinglyQuestions
What was PDYN's revenue in 2025?
$5M in fiscal 2025, from its 10-K filing.
How much free cash flow does PDYN generate?
-$28M in fiscal 2025 (operating cash flow minus capital spending).
From PDYN's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.