Presto Automation Inc. (PRST) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1 EAST PUTNAM AVENUE, FLOOR 4 GREENWICH, CT 06830 |
| State of Incorp. | DE |
| Fiscal Year End | June 30 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 6/30/2023 | 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 15,143 | 313 | 1,071 | |||
| Cash and cash equivalent | 15,143 | 313 | 1,071 | |||
| Restricted cash and investments | 10,000 | |||||
| Receivables | 1,831 | |||||
| Inventory, net of allowances, customer advances and progress billings | 629 | |||||
| Inventory | 629 | |||||
| Prepaid expense | 855 | 104 | 29 | |||
| Deferred costs | 2,301 | |||||
| Other undisclosed current assets | 307 | |||||
| Total current assets: | 31,066 | 417 | 1,100 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 909 | |||||
| Long-term investments and receivables | 2,000 | |||||
| Long-term investments | 2,000 | |||||
| Intangible assets, net (including goodwill) | 11,684 | |||||
| Goodwill | 1,156 | |||||
| Intangible assets, net (excluding goodwill) | 10,528 | |||||
| Asset, held-in-trust | 174,266 | 151,500 | ||||
| Deferred costs | 92 | |||||
| Other noncurrent assets | 936 | |||||
| Total noncurrent assets: | 15,621 | 174,266 | 151,500 | |||
| TOTAL ASSETS: | 46,687 | 174,683 | 152,600 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 7,614 | 326 | 18 | |||
| Accounts payable | 3,295 | |||||
| Accrued liabilities | 4,319 | 326 | 18 | |||
| Deferred revenue | 1,284 | |||||
| Debt | 50,639 | |||||
| Due to related parties | ✕ | 120 | 120 | |||
| Other undisclosed current liabilities | 1,676 | |||||
| Total current liabilities: | 61,213 | 446 | 138 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 3,000 | |||||
| Long-term debt, excluding current maturities | 3,000 | |||||
| Liabilities, other than long-term debt | 1,834 | |||||
| Deferred revenue | 299 | |||||
| Other liabilities | 1,535 | |||||
| Other undisclosed noncurrent liabilities | 25,867 | 3,204 | 7,320 | |||
| Total noncurrent liabilities: | 30,701 | 3,204 | 7,320 | |||
| Total liabilities: | 91,914 | 3,650 | 7,458 | |||
| Temporary equity, including noncontrolling interest | 174,225 | 151,500 | ||||
| Equity | ||||||
| Equity, attributable to parent, including: | (45,227) | (3,191) | (6,358) | |||
| Common stock | 0 | 0 | ||||
| Treasury stock, value | ||||||
| Additional paid in capital | 190,031 | |||||
| Accumulated deficit | (235,263) | (3,192) | (6,358) | |||
| Other undisclosed equity, attributable to parent | 5 | |||||
| Total equity: | (45,227) | (3,191) | (6,358) | |||
| TOTAL LIABILITIES AND EQUITY: | 46,687 | 174,683 | 152,600 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 6/30/2023 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|
| Revenues | 26,135 | 4,832 | |||
| Other income | 4,832 | ||||
| Cost of revenue | (25,614) | ||||
| Gross profit: | 521 | 4,832 | |||
| Operating expenses | (56,928) | (991) | (18) | ||
| Other undisclosed operating loss | (4,832) | ||||
| Operating loss: | (56,407) | (991) | (18) | ||
| Nonoperating income (expense) | 21,936 | 41 | (1,345) | ||
| Investment income, nonoperating | 41 | ||||
| Other nonoperating income (expense) | 21,936 | ||||
| Interest and debt expense | 2,000 | ||||
| Loss from continuing operations before equity method investments, income taxes: | (32,471) | (950) | (1,363) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (2,000) | ||||
| Loss from continuing operations before income taxes: | (34,471) | (950) | (1,363) | ||
| Income tax expense (benefit) | (9) | 199 | 4 | ||
| Loss from continuing operations: | (34,480) | (750) | (1,359) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (750) | (1,359) | |
| Other undisclosed net income (loss) | 4,592 | (4) | |||
| Net income (loss) attributable to parent: | (34,480) | 3,841 | (1,363) | ||
| Other undisclosed net loss available to common stockholders, basic | |||||
| Net income (loss) available to common stockholders, diluted: | (34,480) | 3,841 | (1,363) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 6/30/2023 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|
| Net income (loss): | (34,480) | 3,841 | (1,363) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (34,480) | 3,841 | (1,363) | ||
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.