PED (PED) financial statements
PED reported revenue of $46M in fiscal 2025, up 40.5% a year over 8 years.
Net income was -$10M.
The diluted share count rose 1789% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from PED's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $3M | $5M | $13M | $8M | $16M | $30M | $31M | $40M | $46M |
| Selling, general and admin | $4M | $3M | $4M | $6M | $7M | $6M | $6M | $6M | $6M | $17M |
| Operating income | -$6M | -$24M | -$9M | -$10M | -$34M | -$2M | $3M | $1M | $5M | -$8M |
| Interest expense | $14M | $13M | $8M | $824,000 | $2,000 | $1,000 | $0 | — | $0 | $1M |
| Pre-tax income | — | — | — | — | — | — | — | $2M | $5M | -$2M |
| Income tax | — | — | — | — | $0 | $0 | — | $0 | -$7M | $8M |
| Net income | -$20M | -$36M | $54M | -$11M | -$33M | -$1M | $3M | $2M | $12M | -$10M |
| EPS (diluted) | -$80.40 | -$124.40 | $94.80 | -$4.40 | -$9.00 | -$0.40 | $0.60 | $0.40 | $2.76 | -$2.25 |
| Diluted shares | 0M | 0M | 1M | 3M | 4M | 4M | 4M | 4M | 4M | 5M |
| Operating margin | — | -781.8% | -199.1% | -78.8% | -419.7% | -11.8% | 8.8% | 4.0% | 11.9% | -17.2% |
| Net margin | — | -1206.3% | 1185.2% | -85.6% | -405.6% | -8.2% | 9.5% | 5.5% | 31.1% | -22.6% |
Balance sheet
Fiscal years, from PED's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $659,000 | $917,000 | $3M | $22M | $8M | $26M | $29M | $19M | $4M | $3M |
| Receivables | — | — | — | — | — | — | $0 | $42,000 | $293,000 | $26M |
| Inventory | — | — | — | — | — | — | — | — | $0 | $61,000 |
| Total current assets | $1M | $1M | $7M | $27M | $9M | $28M | $32M | $25M | $13M | $38M |
| Total assets | $59M | $36M | $68M | $123M | $80M | $98M | $116M | $123M | $128M | $376M |
| Total current liabilities | $3M | $3M | $9M | $15M | $2M | $5M | $17M | $19M | $7M | $64M |
| Total liabilities | $61M | $74M | $51M | $15M | $4M | $7M | $20M | $21M | $13M | $169M |
| Shareholders' equity | -$2M | -$37M | $17M | $106M | $76M | $91M | $98M | $101M | $116M | $207M |
| Net debt | -$659,000 | -$917,000 | -$3M | -$22M | -$8M | -$26M | -$29M | -$19M | -$4M | -$3M |
Cash flow
Fiscal years, from PED's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$6M | -$236,000 | -$1M | $2M | $12,000 | $6M | $16M | $23M | $13M | $11M |
| Capital spending | — | $0 | $3M | — | — | — | $0 | $45,000 | — | — |
| Free cash flow | — | -$236,000 | -$5M | — | — | — | $16M | $23M | — | — |
| Stock-based compensation | $1M | $655,000 | $862,000 | $2M | $3M | $2M | $2M | $2M | $2M | $3M |
| Share buybacks (net) | -$74,000 | $0 | — | — | — | — | — | — | — | — |
| Net borrowing | — | — | — | $0 | -$370,000 | $0 | — | — | — | — |
| Free cash flow margin | — | -7.8% | -105.3% | — | — | — | 53.2% | 76.1% | — | — |
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What was PED's revenue in 2025?
$46M in fiscal 2025, from its 10-K filing.
From PED's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.