Pioneer Power Solutions (PPSI)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	3.08 mm	3.08 mm	3.08 mm	3.08 mm	3.08 mm	3.08 mm
Cash burn (monthly)	1.14 mm	375.08 k	373.67 k	798.83 k	913.00 k	648.75 k
Cash used (since last report)	5.79 mm	1.90 mm	1.89 mm	4.05 mm	4.62 mm	3.29 mm
Cash remaining	-2.71 mm	1.18 mm	1.19 mm	-965.98 k	-1.54 mm	-205.83 k
Runway (months of cash)	-2.4	3.1	3.2	-1.2	-1.7	-0.3

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

PPSI institutional ownership history Ownership history

8.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	29	20	+45.0%
Opened positions	16	5	+220.0%
Closed positions	7	9	-22.2%
Increased positions	5	5	–
Reduced positions	3	3	–

13F shares	Current	Prev Q	Change
Total value	3.49 bn	3.10 bn	+12.5%
Total shares	908.98 k	770.27 k	+18.0%
Total puts	37.30 k	0.00	NEW
Total calls	68.00 k	0.00	NEW
Total put/call ratio	0.5	–	–

Largest owners	Shares	Value	Change
Vanguard	191.51 k	$790.92 mm	0.0%
Geode Capital Management	99.68 k	$411.77 mm	+2.0%
Manatuck Hill Partners	75.00 k	$309.75 mm	NEW
Gsa Capital Partners	62.08 k	$256.00 k	-41.8%
Dimensional Fund Advisors	49.64 k	$205.01 mm	-16.0%
BlackRock	48.41 k	$199.92 mm	+1.0%
AAFCPAs Wealth Management	44.50 k	$183.79 mm	NEW
NTRS Northern Trust	41.90 k	$173.04 mm	+64.3%
Bridgeway Capital Management	39.20 k	$161.90 mm	0.0%
STT State Street	30.23 k	$170.18 mm	+72.5%

Largest transactions	Shares	Bought/sold	Change
Evernest Financial Advisors	0.00	-82.00 k	EXIT
Manatuck Hill Partners	75.00 k	+75.00 k	NEW
Gsa Capital Partners	62.08 k	-44.54 k	-41.8%
AAFCPAs Wealth Management	44.50 k	+44.50 k	NEW
Insight Advisors, LLC/ PA	0.00	-33.24 k	EXIT
Marshall Wace	25.84 k	+25.84 k	NEW
Susquehanna International	25.01 k	+25.01 k	NEW
Squarepoint Ops	24.74 k	+24.74 k	NEW
Two Sigma Securities	18.93 k	+18.93 k	NEW
Citadel Advisors	18.38 k	+18.38 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

PPSI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
20 Dec 24	Wojciech Michalec	Common Stock, par value $0.001 per share	Sell	Dispose S	No	No	4.09	13,040	53.33 k	300,000
19 Dec 24	Wojciech Michalec	Common Stock, par value $0.001 per share	Sell	Dispose S	No	No	4.12	1,960	8.08 k	313,040
5 Dec 24	Tulkoff Jonathan	Stock Option Common Stock	Grant	Acquire A	No	No	5.92	10,000	59.20 k	10,000
5 Dec 24	Wojciech Michalec	Common Stock, par value $0.001 per share	Grant	Acquire A	No	No	0	50,000	0.00	315,000
5 Dec 24	Tesler David	Stock Option Common Stock	Grant	Acquire A	No	No	5.92	10,000	59.20 k	10,000
5 Dec 24	Cohn Yossi	Common Stock, par value $0.001 per share	Option exercise	Acquire M	No	No	3.17	1,500	4.76 k	23,500
5 Dec 24	Cohn Yossi	Common Stock, par value $0.001 per share	Option exercise	Acquire M	No	No	3.31	10,000	33.10 k	22,000
5 Dec 24	Cohn Yossi	Common Stock, par value $0.001 per share	Option exercise	Acquire M	No	No	1.68	10,000	16.80 k	12,000
5 Dec 24	Cohn Yossi	Common Stock, par value $0.001 per share	Option exercise	Acquire M	No	No	3.68	1,000	3.68 k	2,000
5 Dec 24	Cohn Yossi	Stock Option Common Stock	Grant	Acquire A	No	No	5.92	10,000	59.20 k	10,000