---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-008467"
form_type: "8-K"
ticker: "PDYN"
cik: "0001826681"
company_name: "Palladyne AI Corp."
filed_at: "2023-03-16T23:59:59+00:00"
generated_at: "2026-06-18T00:55:56.546845+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sarcos Q4 revenue $6.1M but net loss surges to $92.3M on $70.2M goodwill impairment

## Summary
- Q4 revenue $6.1M (up from $1.0M YoY); full-year revenue $14.6M (up from $5.1M).
- Q4 GAAP net loss $92.3M ($0.61/sh); non-GAAP net loss $18.0M ($0.12/sh).
- Full-year 2022 net loss $157.1M ($1.07/sh) vs $81.5M ($0.72/sh) in 2021.
- Cash $114.5M; FY2023 revenue guidance $23-25M; Q1 2023 rev ~$2.3M.
- Produced 10 Guardian XM units; commercial deliveries expected H1 2023.

## SEC filing metadata
- accession: 0000950170-23-008467
- form_type: 8-K
- ticker: PDYN
- cik: 0001826681
- company_name: Palladyne AI Corp.
- filed_at: 2023-03-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826681/000095017023008467/0000950170-23-008467-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826681/000095017023008467/strc-20230316.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-008467
- JSON: https://secwatch.observer/filing/0000950170-23-008467.json
- Plain text: https://secwatch.observer/filing/0000950170-23-008467.txt

## Key facts
- Earnings Releases
  Palladyne AI Corp. updated its the year and quarter ended December 31, 2022 guidance (reaffirmed).
  - Period: the year and quarter ended December 31, 2022
  - Guidance: reaffirmed
  - Result: reported results
  source text: On March 16, 2023, Sarcos Technology and Robotics Corporation (the “Company”) issued a press release reporting its financial results for the year and quarter ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826681/000095017023008467/0000950170-23-008467-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.