Palladyne AI PDYN
Palladyne AI reports $12.01 million net loss
Palladyne AI (PDYN) filed a 10-Q with the SEC on Nov 10, 2026, 7:11 am ET. Source: the filing on SEC EDGAR.
- Form
- 10-Q
- Filed
- Importance
- Notable
- Accession
- 0001193125-26-454426
- Revenue: $8.56 million for the three months ended Sep 30, 2026
- Net loss: $12.01 million for the three months ended Sep 30, 2026
- Diluted EPS: -$0.25 for the three months ended Sep 30, 2026
- Cash and equivalents: $27.17 million at Sep 30, 2026
Written from the 10-Q on EDGAR. AI can make mistakes. Check the filing.
What changed since last quarter
1 new risk factor · 3 removed
Compared with the 10-Q for the period ended Jun 30, 2026.
| This filing | Previous | Change vs prior 10-Q | |
|---|---|---|---|
| Revenue | $8.56M | $5.78M | +48% |
| Operating income and margin | −$13.38M · -156.4% | −$13.41M · -231.9% | +0.2%, margin +75.5 pts |
| Net income | −$12.01M | −$12.33M | +2.5% |
| Operating cash flow | −$7.78M | −$10.16M | +24% |
| Cash | $27.17M | $33.77M | −20% |
| Backlog (remaining performance obligations) | $18.7M | $24.6M | −24% |
New risk factors (1)
- • changes in operating performance and stock market valuations of companies in our industries, such as robotics software, technology, AI or defense companies;
Removed risk factors (3)
- • changes in operating performance and stock market valuations of robotics software or other technology companies, or those in our industry in particular;
- There is no guarantee that the deSPAC Public Warrants or the deSPAC Private Placement Warrants will ever be in the money, and they may expire worthless. +3 more paragraphs
- This choice of forum provision may limit a stockholder's ability to bring a claim in a judicial forum that it finds favorable for disputes with us or any of our directors, officers, other employees or stockholders, which may discourage lawsuits with respect to such claims.