PRME (PRME) financial statements
PRME reported revenue of $5M in fiscal 2025, down 2.3% a year over 5 years.
Net income was -$201M and the operating margin -4498.1%, against -17.9% in 2020.
Free cash flow was -$167M.
The diluted share count rose 5535% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from PRME's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $5M | $0 | $0 | $0 | $3M | $5M |
| Research and development | $3M | $71M | $87M | $148M | $155M | $161M |
| Selling, general and admin | $3M | $14M | $30M | $43M | $50M | $52M |
| Operating income | -$932,000 | -$84M | -$117M | -$205M | -$202M | -$208M |
| Income tax | $2M | -$486,000 | -$948,000 | -$279,000 | $0 | $0 |
| Net income | -$3M | -$165M | -$122M | -$198M | -$196M | -$201M |
| EPS (diluted) | -$1.91 | -$14.19 | -$4.19 | -$2.18 | -$1.65 | -$1.35 |
| Diluted shares | 3M | 13M | 34M | 91M | 119M | 149M |
| Operating margin | -17.9% | — | — | — | -6787.4% | -4498.1% |
| Net margin | -65.5% | — | — | — | -6566.6% | -4342.4% |
Balance sheet
Fiscal years, from PRME's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $37M | $254M | $294M | $122M | $190M | $178M |
| Total current assets | — | $271M | $297M | $143M | $212M | $181M |
| Property, plant and equipment | — | $5M | $19M | $23M | $24M | $21M |
| Total assets | — | $302M | $360M | $194M | $298M | $343M |
| Total current liabilities | — | $58M | $27M | $56M | $38M | $37M |
| Total liabilities | — | $62M | $44M | $61M | $144M | $222M |
| Shareholders' equity | $2M | -$156M | $316M | $133M | $153M | $121M |
| Net debt | -$37M | -$185M | -$188M | -$42M | -$182M | -$63M |
Cash flow
Fiscal years, from PRME's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$6M | -$34M | -$132M | -$165M | -$123M | -$163M |
| Capital spending | $639,000 | $4M | $16M | $9M | $7M | $5M |
| Free cash flow | -$6M | -$38M | -$148M | -$174M | -$130M | -$167M |
| Stock-based compensation | $391,000 | $2M | $6M | $14M | $26M | $29M |
| Free cash flow margin | -118.7% | — | — | — | -4363.4% | -3607.4% |
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Open PRME in InvestinglyQuestions
What was PRME's revenue in 2025?
$5M in fiscal 2025, from its 10-K filing.
How much free cash flow does PRME generate?
-$167M in fiscal 2025 (operating cash flow minus capital spending).
From PRME's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.