Palladyne AI Corp. (NASDAQ: PDYN) is a software company focused on autonomy for robotic systems. Its advanced artificial intelligence and machine learning software seeks to revolutionize the capabilities of robots, enabling them to observe, learn, reason, and act in a manner akin to human intelligence. Our AI and ML software platform empowers robots to perceive variations or changes in the real-world environment, enabling them to autonomously maneuver and manipulate objects accurately in response.
![Palladyne AI logo](/files/LOGO/1826681-placeholder.png)
Company profile
Ticker
PDYN
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Rotor Acquisition Corp., Sarcos Technology & Robotics Corp, Sarcos Technology & Robotics Corporation.
SEC CIK
Corporate docs
Subsidiaries
Sarcos Technology • Sarcos Corp. • Sarcos Group • ZeptoVision, Inc. • RE2 LLC ...
PDYN stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
14 Jun 24
10-Q
2024 Q1
Quarterly report
8 May 24
SD
Conflict minerals disclosure
3 May 24
ARS
2023 FY
Annual report to shareholders
23 Apr 24
DEFA14A
Additional proxy soliciting materials
23 Apr 24
DEF 14A
Definitive proxy
23 Apr 24
8-K
Departure of Directors or Certain Officers
22 Apr 24
8-K
Changes in Registrant's Certifying Accountant
9 Apr 24
8-K
Regulation FD Disclosure
8 Apr 24
8-K
Departure of Directors or Certain Officers
26 Mar 24
Transcripts
PDYN
Earnings call transcript
2023 Q3
14 Nov 23
PDYN
Earnings call transcript
2023 Q2
9 Aug 23
PDYN
Earnings call transcript
2023 Q1
10 May 23
PDYN
Earnings call transcript
2022 Q4
16 Mar 23
PDYN
Earnings call transcript
2022 Q3
12 Nov 22
PDYN
Earnings call transcript
2022 Q2
15 Aug 22
PDYN
Earnings call transcript
2022 Q1
12 May 22
PDYN
Earnings call transcript
2021 Q4
30 Mar 22
PDYN
Earnings call transcript
2021 Q3
9 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
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) | 31.80 mm | 31.80 mm | 31.80 mm | 31.80 mm | 31.80 mm | 31.80 mm |
Cash burn (monthly) | (no burn) | (no burn) | 2.45 mm | 8.76 mm | 2.41 mm | 5.31 mm |
Cash used (since last report) | n/a | n/a | 9.48 mm | 33.87 mm | 9.33 mm | 20.54 mm |
Cash remaining | n/a | n/a | 22.32 mm | -2.08 mm | 22.47 mm | 11.26 mm |
Runway (months of cash) | n/a | n/a | 9.1 | -0.2 | 9.3 | 2.1 |
Institutional ownership, Q1 2024
71.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 8 |
Opened positions | 4 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 220.87 mm |
Total shares | 19.06 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
SLB Schlumberger | 7.94 mm | $0.00 |
Dig Investment Xviii Ab | 6.34 mm | $18.59 mm |
Finn Brian D | 2.98 mm | $3.25 mm |
Integrated Core Strategies | 1.61 mm | $0.00 |
Icapital Wealth | 93.77 k | $169.72 mm |
Cowen And | 81.79 k | $4.21 mm |
Lodestar Private Asset Management | 13.14 k | $23.79 mm |
BNP Paribas Arbitrage | 726.00 | $1.31 mm |
Proequities | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Jun 24 | Denis Garagic | Common Stock | Buy | Acquire P | No | No | 1.55 | 1,000 | 1.55 k | 553,743 |
21 Jun 24 | Wolff Benjamin G | Common Stock | Buy | Acquire P | No | No | 1.5 | 2,000 | 3.00 k | 1,306,203 |
17 Jun 24 | Wolff Benjamin G | Common Stock | Buy | Acquire P | No | No | 1.6975 | 2,000 | 3.40 k | 1,304,203 |
14 Jun 24 | Wolff Benjamin G | Common Stock | Buy | Acquire P | No | No | 1.7722 | 9,000 | 15.95 k | 1,302,203 |
12 Jun 24 | Olson Eric T | Stock Option Common Stock | Grant | Acquire A | No | No | 2.09 | 50,000 | 104.50 k | 50,000 |
12 Jun 24 | Finn Brian D | Stock Option Common Stock | Grant | Acquire A | No | No | 2.09 | 50,000 | 104.50 k | 50,000 |