Short answer
Palladyne AI Corp. (PDYN) filed an 8-K current report with the SEC on May 5, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item 7.01 (Regulation FD Disclosure), Item EX-99.1 (Exhibit EX-99.1). Q1 2026 results for quarter ended March 31, 2026 announced May 5, 2026.
Palladyne AI Corp. 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q1 2026 results for quarter ended March 31, 2026 announced May 5, 2026
- Full financial details and management commentary contained in Exhibit 99.1
- Investor focus: quarterly performance, outlook, and Palladyne AI’s operating trends in the accompanying release
Item 7.01 · Regulation FD Disclosure
- Palladyne AI identifies SEC filings, websites, press releases, X, and LinkedIn as channels for potentially material investor information
- Investors should monitor these channels for product, business, and corporate developments outside formal filings
- Hyperlinked website and social-media content is not incorporated into this Form 8-K
Item EX-99.1 · Exhibit EX-99.1
- Q1 revenue $3.5M, up 107% YoY, but operating loss widened to $11.9M from $6.9M amid acquisition-related costs and investment
- Backlog approximately $17M, including $7M of new awards, supports revenue visibility with majority expected to convert over 12–18 months
- 2026 revenue guidance reaffirmed at $24M–$27M, implying 357%–415% growth with back-end-weighted acceleration
- Liquidity $43.7M versus $47.1M at December 31, 2025, while operating cash usage reached $10.2M in Q1
- GAAP net loss $12.6M, or $0.28 per share, versus prior-year $22.8M income distorted by a $29.2M warrant-liability gain
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