Paradium AI, Inc. (PAAI) Balance Sheet
PAAI balance sheet, 2025
December 31, 2025 · U.S. dollars$112.6M assets = $117.4M liabilities + −$4.8M equity
Liabilities exceed assets: shareholders’ equity is negative (−$4.8M).
Both columns are drawn to the same scale: what PAAI owns equals what it owes plus shareholders’ equity. Hover a block for its value.
PAAI financial health
Descriptive bands, not a rating. Fiscal 2025.
PAAI balance sheet trends, 2022–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $203.7M2022 | $112.6M2025 | −17.9%/yr | |
| Total liabilities | $255.9M2022 | $117.4M2025 | −22.9%/yr | |
| Shareholders’ equity | −$52.1M2022 | −$4.8M2025 | — | |
| Cash & short-term investments | $13.9M2022 | $10.3M2025 | −9.3%/yr | |
| Total debt | $121.1M2024 | $97.6M2025 | −19.4%/yr | |
| Net cash (debt) | −$116.7M2024 | −$87.2M2025 | +$29.5M | |
| Working capital | −$137.7M2022 | $18.6M2025 | +$156.3M | |
| Book value per share | −$2.852022 | −$0.102025 | — | |
| Current ratio | 0.362022 | 2.102025 | +1.73 | |
| Shares outstanding | 18.3M2022 | 47.6M2025 | +37.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PAAI assets
PAAI liabilities and equity
PAAI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
PAAI balance sheet
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | $10.3M | $4.4M | $9.3M | $13.9M |
| Cash & equivalents | $10.3M | $4.4M | $9.3M | $13.9M |
| Receivables | $22.3M | $31.1M | $31.7M | $34.0M |
| Inventory | $0 | $0 | $0 | $0 |
| Other current assets | $3.0M | $4.8M | $49.4M | $30.9M |
| Total current assets | $35.6M | $40.2M | $90.4M | $78.7M |
| Property, plant & equipment (net) | $2.1M | $2.5M | $504,000 | $1.1M |
| Goodwill & intangible assets | $74.7M | $73.5M | $78.8M | $108.6M |
| Long-term investments | $0 | $0 | $0 | $0 |
| Other non-current assets | $137,000 | $151,000 | $19.2M | $15.3M |
| Total assets | $112.6M | $116.4M | $188.9M | $203.7M |
| Liabilities | ||||
| Accounts payable | $1.7M | $4.8M | $7.8M | $12.9M |
| Total current liabilities | $17.0M | $122.3M | $236.0M | $216.4M |
| Long-term debt | $97.6M | $121.1M | $0 | $0 |
| Lease obligations | $2.5M | $2.6M | $1.7M | $2.3M |
| Other long-term liabilities | $2.8M | $3.3M | $11.9M | $39.5M |
| Total liabilities | $117.4M | $246.7M | $247.9M | $255.9M |
| Shareholders' equity | ||||
| Retained earnings (deficit) | −$354.5M | −$479.4M | −$378.7M | −$323.1M |
| Total shareholders' equity | −$4.8M | −$130.3M | −$59.0M | −$52.1M |
| Key figures | ||||
| Total debt | $97.6M | $121.1M | — | — |
| Net cash (debt) | −$87.2M | −$116.7M | — | — |
| Working capital | $18.6M | −$82.0M | −$145.6M | −$137.7M |
| Tangible book value | −$79.6M | −$203.8M | −$137.8M | −$160.8M |
| Book value per share | −$0.10 | −$2.74 | −$2.47 | −$2.85 |
| Shares outstanding | 47.6M | 47.6M | 23.8M | 18.3M |
| Current ratio | 2.10 | 0.33 | 0.38 | 0.36 |
| Quick ratio | 1.92 | 0.29 | 0.17 | 0.22 |
| Equity / assets | −4.3% | −112.0% | −31.2% | −25.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $11.2M | $11.2M | $10.3M | $12.5M | $6.8M | $2.9M |
| Cash & equivalents | $11.2M | $11.2M | $10.3M | $12.5M | $6.8M | $2.9M |
| Receivables | $18.5M | $18.1M | $22.3M | $26.2M | $40.1M | $31.6M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $2.8M | $3.1M | $3.0M | $5.9M | $4.6M | $4.7M |
| Total current assets | $32.4M | $32.5M | $35.6M | $44.6M | $51.4M | $39.1M |
| Property, plant & equipment (net) | $1.9M | $2.0M | $2.1M | $2.2M | $2.3M | $2.4M |
| Goodwill & intangible assets | $71.6M | $73.6M | $74.7M | $74.4M | $74.0M | $73.0M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $130,000 | $133,000 | $137,000 | $140,000 | $144,000 | $147,000 |
| Total assets | $106.1M | $108.2M | $112.6M | $121.4M | $127.8M | $114.6M |
| Liabilities | ||||||
| Accounts payable | $2.3M | $3.1M | $1.7M | $2.0M | $3.4M | $3.6M |
| Total current liabilities | $13.7M | $15.5M | $17.0M | $17.8M | $28.2M | $119.8M |
| Long-term debt | $97.6M | $97.6M | $97.6M | $110.5M | $113.2M | $117.6M |
| Lease obligations | $2.3M | $2.4M | $2.5M | $2.4M | $2.3M | $2.3M |
| Other long-term liabilities | $2.4M | $2.6M | $2.8M | $3.4M | $3.7M | $3.4M |
| Total liabilities | $113.7M | $115.7M | $117.4M | $131.8M | $145.1M | $240.8M |
| Shareholders' equity | ||||||
| Retained earnings (deficit) | −$357.3M | −$357.2M | −$354.5M | −$359.8M | −$366.7M | −$475.3M |
| Total shareholders' equity | −$7.5M | −$7.4M | −$4.8M | −$10.4M | −$17.3M | −$126.1M |
| Key figures | ||||||
| Total debt | $97.6M | $97.6M | $97.6M | $110.5M | $113.2M | $117.6M |
| Net cash (debt) | −$86.4M | −$86.4M | −$87.2M | −$98.0M | −$106.4M | −$114.7M |
| Working capital | $18.8M | $17.0M | $18.6M | $26.8M | $23.2M | −$80.6M |
| Tangible book value | −$79.2M | −$81.0M | −$79.6M | −$84.8M | −$91.3M | −$199.1M |
| Book value per share | −$0.16 | −$0.16 | −$0.10 | −$0.22 | −$0.36 | −$2.65 |
| Shares outstanding | 47.6M | 47.6M | 47.6M | 47.6M | 47.6M | 47.6M |
| Current ratio | 2.37 | 2.10 | 2.10 | 2.51 | 1.82 | 0.33 |
| Quick ratio | 2.17 | 1.90 | 1.92 | 2.17 | 1.66 | 0.29 |
| Equity / assets | −7.1% | −6.9% | −4.3% | −8.6% | −13.6% | −110.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed —); data from EODHD.
PAAI financial position
At the end of fiscal 2025 (December 31, 2025), Paradium AI had total assets of $112.6 million (down 3.2% from a year earlier), total liabilities of $117.4 million and shareholders' equity of -$4.8 million. It held $10.3 million in cash and short-term investments against $97.6 million of debt, net debt of $87.2 million. Its current ratio was 2.10. In the latest quarter (ended June 30, 2026) total assets were $106.1 million and equity -$7.5 million.
Related: PAAI income statement, PAAI cash flow statement, PAAI key metrics. See the PAAI stock overview for the latest quote and news.
PAAI balance sheet FAQ
What are Paradium AI's total assets?
Paradium AI reported total assets of $112.6 million at the end of fiscal 2025 (December 31, 2025), compared with $116.4 million a year earlier.
How much debt does Paradium AI have?
Paradium AI had $97.6 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.
How much cash does Paradium AI have?
Paradium AI held $10.3 million in cash and short-term investments at the end of fiscal 2025; with $97.6 million of debt that is net debt of $87.2 million.
What is Paradium AI's book value?
Paradium AI's shareholders' equity (book value) was -$4.8 million at the end of fiscal 2025, or −$0.10 per share.
What is Paradium AI's current ratio?
Paradium AI had current assets of $35.6 million and current liabilities of $17.0 million, a current ratio of 2.10 (it can cover its short-term obligations).
How much goodwill does Paradium AI have?
Paradium AI carried $74.7 million of goodwill and intangible assets, 66.4% of total assets, at the end of fiscal 2025.