Parkervision Financials
Financial Health Signals
Parkervision passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Parkervision generates $0.22 in operating cash flow (-$3.2M OCF vs -$14.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
This page shows Parkervision (PRKR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Parkervision generated $0 in revenue in fiscal year 2024. This represents a decrease of 100.0% from the prior year.
Parkervision generated -$3.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 129.8% from the prior year.
Parkervision reported -$14.5M in net income in fiscal year 2024. This represents a decrease of 252.1% from the prior year.
Parkervision earned $-0.16 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 300.0% from the prior year.
Parkervision held $4.9M in cash against $340K in long-term debt as of fiscal year 2024.
Parkervision had 114M shares outstanding in fiscal year 2024. This represents an increase of 30.0% from the prior year.
Parkervision invested $0 in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 100.0% from the prior year.
PRKR Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | $50K-2.0% | $51K-5.6% | $54K-1.8% | $55K-5.2% | $58K-1.7% | $59K-1.7% | $60K-1.6% | $61K |
| Gross Profit | -$50K+2.0% | -$51K+5.6% | -$54K+1.8% | -$55K+5.2% | -$58K+1.7% | -$59K+1.7% | -$60K+1.6% | -$61K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $1.5M-60.9% | $3.8M+209.2% | $1.2M-31.9% | $1.8M+167.3% | $683K-11.6% | $773K+22.7% | $630K-30.3% | $904K |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $66K-2.9% | $68K-6.8% | $73K-14.1% | $85K-18.3% | $104K0.0% | $104K0.0% | $104K-2.8% | $107K |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$2.0M-20.3% | -$1.6M+57.0% | -$3.8M-43.6% | -$2.6M-708.9% | -$327K+52.8% | -$693K+37.6% | -$1.1M+71.7% | -$3.9M |
| EPS (Diluted) | N/A | N/A | N/A | $-0.03 | $0.00+100.0% | $-0.01-200.0% | $0.01+120.0% | $-0.05 |
PRKR Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.9M-38.7% | $3.1M-29.4% | $4.3M-26.0% | $5.9M+146.2% | $2.4M-23.9% | $3.1M-22.0% | $4.0M-12.2% | $4.6M |
| Current Assets | $1.2M-49.8% | $2.3M-35.0% | $3.5M-29.9% | $5.0M+346.1% | $1.1M-38.2% | $1.8M-31.1% | $2.7M-23.1% | $3.5M |
| Cash & Equivalents | $901K-56.0% | $2.0M-37.6% | $3.3M-33.3% | $4.9M+379.8% | $1.0M-40.9% | $1.7M-32.3% | $2.6M-23.2% | $3.3M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $51.7M+0.6% | $51.4M-4.7% | $53.9M+3.2% | $52.3M+22.8% | $42.6M-1.4% | $43.2M-0.9% | $43.5M+0.1% | $43.5M |
| Current Liabilities | $2.9M+19.9% | $2.5M-16.7% | $2.9M+22.5% | $2.4M-0.3% | $2.4M-4.8% | $2.5M+10.8% | $2.3M-10.3% | $2.6M |
| Long-Term Debt | N/A | N/A | N/A | $340K | N/A | N/A | $474K | N/A |
| Total Equity | -$49.8M-3.1% | -$48.3M+2.5% | -$49.6M-6.9% | -$46.4M-15.5% | -$40.2M-0.4% | -$40.0M-1.3% | -$39.5M-1.6% | -$38.9M |
| Retained Earnings | -$455.6M-0.4% | -$453.6M-0.4% | -$452.0M-0.8% | -$448.2M-3.1% | -$434.7M-0.1% | -$434.4M-0.2% | -$433.7M-0.3% | -$432.6M |
PRKR Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.1M+3.5% | -$1.1M+37.5% | -$1.8M-57.8% | -$1.2M-85.3% | -$625K+21.2% | -$793K-7.2% | -$740K-0.7% | -$735K |
| Capital Expenditures | N/A | N/A | N/A | $0 | $0 | $0-100.0% | $1K | $0 |
| Free Cash Flow | N/A | N/A | N/A | -$1.2M-85.3% | -$625K+21.2% | -$793K-7.0% | -$741K-0.8% | -$735K |
| Investing Cash Flow | -$9K0.0% | -$9K+73.5% | -$34K-3500.0% | $1K | $0 | $0+100.0% | -$1K | $0 |
| Financing Cash Flow | -$36K+55.6% | -$81K-136.3% | $223K-95.8% | $5.3M+6354.8% | -$84K-154.5% | -$33K-3.1% | -$32K+75.8% | -$132K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
PRKR Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -104.4%-51.2pp | -53.2%+34.1pp | -87.4%-42.4pp | -45.0%-31.3pp | -13.7%+8.4pp | -22.1%+5.5pp | -27.6%+58.0pp | -85.6% |
| Current Ratio | 0.39-0.5 | 0.94-0.3 | 1.20-0.9 | 2.10+1.6 | 0.47-0.3 | 0.72-0.4 | 1.16-0.2 | 1.35 |
| Debt-to-Equity | -1.04+0.0 | -1.06+0.0 | -1.09-1.1 | -0.01+1.1 | -1.06+0.0 | -1.08-1.1 | -0.01+1.1 | -1.12 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$46.4M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
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Frequently Asked Questions
What is Parkervision's annual revenue?
Parkervision (PRKR) reported $0 in total revenue for fiscal year 2024. This represents a -100.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Parkervision's revenue growing?
Parkervision (PRKR) revenue declined by 100% year-over-year, from $25.0M to $0 in fiscal year 2024.
Is Parkervision profitable?
No, Parkervision (PRKR) reported a net income of -$14.5M in fiscal year 2024.
What is Parkervision's earnings per share (EPS)?
Parkervision (PRKR) reported diluted earnings per share of $-0.16 for fiscal year 2024. This represents a -300.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
How much debt does Parkervision have?
As of fiscal year 2024, Parkervision (PRKR) had $4.9M in cash and equivalents against $340K in long-term debt.
What is Parkervision's free cash flow?
Parkervision (PRKR) generated -$3.2M in free cash flow during fiscal year 2024. This represents a -129.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Parkervision's operating cash flow?
Parkervision (PRKR) generated -$3.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Parkervision's total assets?
Parkervision (PRKR) had $5.9M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Parkervision's capital expenditures?
Parkervision (PRKR) invested $0 in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How many shares does Parkervision have outstanding?
Parkervision (PRKR) had 114M shares outstanding as of fiscal year 2024.
What is Parkervision's current ratio?
Parkervision (PRKR) had a current ratio of 2.10 as of fiscal year 2024, which is generally considered healthy.
What is Parkervision's debt-to-equity ratio?
Parkervision (PRKR) had a debt-to-equity ratio of -0.01 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Parkervision's return on assets (ROA)?
Parkervision (PRKR) had a return on assets of -246.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Parkervision's cash runway?
Based on fiscal year 2024 data, Parkervision (PRKR) had $4.9M in cash against an annual operating cash burn of $3.2M. This gives an estimated cash runway of approximately 18 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Parkervision's debt-to-equity ratio negative or unusual?
Parkervision (PRKR) has negative shareholder equity of -$46.4M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Parkervision's Piotroski F-Score?
Parkervision (PRKR) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Parkervision's earnings high quality?
Parkervision (PRKR) has an earnings quality ratio of 0.22x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.