Document and Entity Information - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Feb. 20, 2026 |
Jun. 30, 2025 |
|
| Document Information [Line Items] | |||
| Document Type | 10-K | ||
| Amendment Flag | false | ||
| Document Period End Date | Dec. 31, 2025 | ||
| Current Fiscal Year End Date | --12-31 | ||
| Document Fiscal Year Focus | 2025 | ||
| Document Fiscal Period Focus | FY | ||
| Entity Central Index Key | 0001826681 | ||
| Entity Registrant Name | Palladyne AI Corp. | ||
| Entity File Number | 001-39897 | ||
| Entity Incorporation, State or Country Code | DE | ||
| Entity Address, Address Line One | 650 South 500 West | ||
| Entity Address, Address Line Two | Suite 150 | ||
| Entity Address, City or Town | Salt Lake City | ||
| Entity Address, State or Province | UT | ||
| Entity Address, Postal Zip Code | 84101 | ||
| City Area Code | 888 | ||
| Local Phone Number | 927-7296 | ||
| Entity Tax Identification Number | 85-2838301 | ||
| Entity Well-known Seasoned Issuer | No | ||
| Entity Voluntary Filers | No | ||
| Entity Current Reporting Status | Yes | ||
| Entity Interactive Data Current | Yes | ||
| Entity Filer Category | Non-accelerated Filer | ||
| Entity Small Business | true | ||
| Entity Emerging Growth Company | true | ||
| Entity Ex Transition Period | false | ||
| ICFR Auditor Attestation Flag | false | ||
| Document Financial Statement Error Correction [Flag] | false | ||
| Entity Shell Company | false | ||
| Document Annual Report | true | ||
| Document Transition Report | false | ||
| Entity Public Float | $ 315.5 | ||
| Entity Common Stock, Shares Outstanding | 46,494,865 | ||
| Documents Incorporated by Reference | DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant's definitive Proxy Statement to be filed with the Securities and Exchange Commission in connection with the registrant's 2026 Annual Meeting of Stockholders, which will be filed subsequent to the date hereof, are incorporated by reference into Part III of this Form 10-K. Such Proxy Statement will be filed with the Securities and Exchange Commission not later than 120 days following the end of the registrant's fiscal year ended December 31, 2025. Except with respect to information specifically incorporated by reference, the Proxy Statement is not deemed to be filed as part of this Annual Report on Form 10-K. |
||
| Auditor Name | KPMG LLP | ||
| Auditor Location | Salt Lake City, Utah | ||
| Auditor Firm ID | 185 | ||
| Auditor Opinion | Opinion on the Consolidated Financial Statements
We have audited the accompanying consolidated balance sheets of Palladyne AI Corp. and subsidiaries (the Company) as of December 31, 2025 and December 31, 2024, the related consolidated statements of operations, comprehensive income (loss), stockholders’ equity (deficit), and cash flows for each of the years in the two-year period ended December 31, 2025, and the related notes (collectively, the consolidated financial statements). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2025 and December 31, 2024, and the results of its operations and its cash flows for each of the years in the two-year period ended December 31, 2025, in conformity with U.S. generally accepted accounting principles. |
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| Common Stock | |||
| Document Information [Line Items] | |||
| Trading Symbol | PDYN | ||
| Title of 12(b) Security | Common Stock, $0.0001 par value per share | ||
| Security Exchange Name | NASDAQ | ||
| Redeemable Warrants, Exercisable for Shares of Common Stock | |||
| Document Information [Line Items] | |||
| Trading Symbol | PDYNW | ||
| Title of 12(b) Security | Redeemable warrants, exercisable for shares of Common Stock at an exercise price of $69.00 per share | ||
| Security Exchange Name | NASDAQ |