PAR Technology Corporation (PAR) Financial Statements (2025 and earlier)

Company Profile

Business Address PAR TECHNOLOGY PARK
NEW HARTFORD, NY 13413
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3578 - Calculating and Accounting Machines, Except Electronic Computers (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments74,563110,618188,419180,68628,0363,485
Cash and cash equivalent37,36970,328188,419180,68628,0363,485
Short-term investments37,19440,290    
Receivables63,38259,96049,97842,98041,77426,219
Inventory, net of allowances, customer advances and progress billings23,59437,59435,07821,63819,32622,737
Inventory23,59437,59435,07821,63819,32622,737
Funds held for clients10,1707,205    
Other current assets8,8908,5729,5323,6254,4273,251
Total current assets:180,599223,949283,007248,92993,56355,692
Noncurrent Assets
Operating lease, right-of-use asset4,0834,0614,3482,569 
Property, plant and equipment15,75512,96113,70913,85614,35112,575
Intangible assets, net (including goodwill)584,506597,859576,06974,33574,33421,910
Goodwill489,654486,762457,30641,21441,38611,051
Intangible assets, net (excluding goodwill)94,852111,097118,76333,12132,94810,859
Other noncurrent assets17,66316,02811,0164,0604,3474,504
Other undisclosed noncurrent assets     3,017 
Total noncurrent assets:622,007630,909605,14294,82096,04938,989
TOTAL ASSETS:802,606854,858888,149343,749189,61294,681
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities40,25129,81443,15228,58727,33020,697
Employee-related liabilities17,26513,1907,7695,940
Accounts payable29,80823,28320,84512,79116,38512,644
Accrued liabilities10,4436,5315,0422,6063,1762,113
Deferred revenue9,30410,56214,3949,50612,084
Debt   7056666307,819
Other liabilities      2,550
Contract with customer, liability9,851
Other undisclosed current liabilities30,67727,4482,2661,2002,060 
Total current liabilities:80,23267,82460,51739,95942,10440,917
Noncurrent Liabilities
Long-term debt and lease obligation377,647389,192308,285107,30662,414 
Long-term debt, excluding current maturities377,647389,192305,845105,84462,414 
Liabilities, other than long-term debt11,66222,64815,0028,07911,2267,818
Deferred revenue4,2045,1257,5973,0823,916
Contract with customer, liability4,407
Other liabilities4,63914,6557,4054,9977,3103,411
Operating lease, liability2,8192,8682,4401,462 
Other undisclosed noncurrent liabilities     1,021 
Total noncurrent liabilities:389,309411,840323,287115,38574,6617,818
Total liabilities:469,541479,664383,804155,344116,76548,735
Equity
Equity, attributable to parent, including:333,065375,194504,345188,40572,84745,946
Common stock584570562459367357
Treasury stock, value(16,778)(14,093)(10,945)(4,987)(6,380)(5,836)
Additional paid in capital625,154595,286640,937243,57594,37250,251
Accumulated other comprehensive loss(939)(1,365)(3,704)(3,936)(5,368)(4,253)
Retained earnings (accumulated deficit)(274,956)(205,204)(122,505)(46,706)(10,144)5,427
Other undisclosed equity, attributable to parent      
Total equity:333,065375,194504,345188,40572,84745,946
TOTAL LIABILITIES AND EQUITY:802,606854,858888,149343,749189,61294,681

Income Statement (P&L) ($ in thousands)

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues415,823355,795282,876213,786187,232201,246
Cost of revenue
(Cost of Product and Service Sold)
(317,513)(266,502)(220,755)(174,461)(148,758)(162,783)
Gross profit:98,31089,29362,12139,32538,47438,463
Operating expenses(158,019)(147,325)(116,002)(63,271)(51,605)(48,361)
Operating loss:(59,709)(58,032)(53,881)(23,946)(13,131)(9,898)
Nonoperating income (expense)(489)(1,224)(1,279)808(1,503)306
Other nonoperating income (expense)(489)   (424)306
Interest and debt expense(635) (11,916)(8,123)(2,000) 
Loss from continuing operations before equity method investments, income taxes:(60,833)(59,256)(67,076)(31,261)(16,634)(9,592)
Other undisclosed income (loss) from continuing operations before income taxes(6,931)(8,811)(18,147)(8,287)(2,571)(387)
Loss from continuing operations before income taxes:(67,764)(68,067)(85,223)(39,548)(19,205)(9,979)
Income tax expense (benefit)(1,988)(1,252)9,4242,9863,634(14,143)
Loss from continuing operations:(69,752)(69,319)(75,799)(36,562)(15,571)(24,122)
Loss before gain (loss) on sale of properties:(75,799)(36,562)(15,571)(24,122)
Net loss:(69,752)(69,319)(75,799)(36,562)(15,571)(24,122)
Other undisclosed net income attributable to parent      
Net loss available to common stockholders, diluted:(69,752)(69,319)(75,799)(36,562)(15,571)(24,122)

Comprehensive Income ($ in thousands)

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net loss:(69,752)(69,319)(75,799)(36,562)(15,571)(24,122)
Comprehensive loss:(69,752)(69,319)(75,799)(36,562)(15,571)(24,122)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent4262,3392321,432(1,115)(823)
Comprehensive loss, net of tax, attributable to parent:(69,326)(66,980)(75,567)(35,130)(16,686)(24,945)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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