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    PAR Technology Corp (PAR)

    Financials

    Updated May 9, 2025, 12:17 PM UTC
    Income Statement - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Total revenues, net (USD, thousands)107,708.00415,823105,49742,726.0096,754.00---
    Gross margin (USD, thousands)26,401.0098,31028,56329,523.0043,031.00---
    Operating loss (USD, thousands)(15,005.00)(59,709)(24,671)(22,807.00)(15,194.00)---
    Other expense, net (USD, thousands)(152.00)(489)--(1,400.00)---
    Other (expense) income, net (USD, thousands)--306-----
    Interest expense, net (USD, thousands)(1,779.00)(6,931)(1,708)(1,630.00)(3,417.00)---
    Loss from continuing operations before income taxes (USD, thousands)(17,571.00)(67,764)(26,073)(25,053.00)(20,011.00)---
    Benefit from (provision for) income taxes (USD, thousands)(1,058.00)(1,988)7,785(612.00)(653.00)---
    Net loss from continuing operations (USD, thousands)(18,629.00)(69,752)(18,288)(25,665.00)(20,664.00)---
    Net income from discontinued operations (USD, thousands)----832.00---
    Net income (loss) (USD, thousands)(18,629.00)(69,752)(18,288)54,190.00(19,832.00)---
    Balance Sheet - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Cash and Cash Equivalents (USD, thousands)37,36937,36950,780114,928105,804--91,652
    Cash Held on Behalf of Customers (USD, thousands)10,17010,17012,55812,80415,266--18,059
    Short-term Investments (USD, thousands)37,19437,19421,73027,52712,578--531
    Accounts Receivable - Net (USD, thousands)63,38263,38269,95850,20360,298--70,008
    Inventories (USD, thousands)23,59423,59425,05425,52623,915--23,217
    Other Current Assets (USD, thousands)8,8908,89014,2059,42714,743--16,430
    Total Current Assets (USD, thousands)180,599180,599194,285246,797232,604--219,897
    Property, Plant and Equipment - Net (USD, thousands)15,75515,75515,35614,45214,865--13,872
    Goodwill (USD, thousands)489,654489,654619,632623,875803,084--890,493
    Intangible Assets - Net (USD, thousands)94,85294,852157,713148,292226,051--234,057
    Lease Right-of-Use Assets (USD, thousands)4,0834,0833,6274,7407,651--7,719
    Other Assets (USD, thousands)17,66317,66318,30017,68915,019--15,511
    Total Assets (USD, thousands)802,606802,6061,008,9131,056,6841,299,274--1,381,549
    Accounts Payable (USD, thousands)29,80829,80839,83230,68235,186--32,222
    Accrued Salaries and Benefits (USD, thousands)19,14119,14114,26413,95417,959--12,101
    Accrued Expenses (USD, thousands)10,44310,44311,1534,0478,309--11,490
    Customers Payable (USD, thousands)10,17010,17012,55812,80415,266--18,059
    Lease Liabilities - Current Portion (USD, thousands)1,3661,3661,2011,2882,178--2,222
    Customer Deposits and Deferred Service Revenue (USD, thousands)9,3049,30414,71014,29430,444--31,410
    Total Current Liabilities (USD, thousands)80,23280,23293,71879,102109,342--107,504
    Lease Liabilities - Net of Current Portion (USD, thousands)2,8192,8192,5193,5405,559--5,608
    Deferred Service Revenue - Noncurrent (USD, thousands)4,2044,2043,2962,8761,733--1,454
    Long-term Debt (USD, thousands)377,647377,647378,155378,672466,735--392,270
    Other Long-term Liabilities (USD, thousands)4,6394,6394,8254,17323,198--22,718
    Total Liabilities (USD, thousands)469,541469,541482,513468,363606,567--529,554
    Preferred Stock (USD, thousands)--------
    Common Stock (USD, thousands)584584703,584705,584749,584--833
    Additional Paid in Capital (USD, thousands)625,154625,154844,210852,406972,811--1,201,016
    Accumulated Deficit (USD, thousands)(274,956)(274,956)(293,244)(239,054)(258,886)--(304,293)
    Accumulated Other Comprehensive Loss (USD, thousands)(939)(939)(3,653)(3,908)(118)--(16,697)
    Treasury Stock, at Cost (USD, thousands)(16,778)(16,778)(21,616)(21,828)(21,849)--(28,864)
    Total Shareholders’ Equity (USD, thousands)333,065333,065526,400588,321692,707--851,995
    Total Liabilities and Shareholders’ Equity (USD, thousands)802,606802,6061,008,9131,056,6841,299,274--1,381,549
    Cash Flow - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Net income (loss) [USD, thousands](18,629.00)(69,752)(18,288)54,190.00(19,832.00)---
    Net income from discontinued operations [USD, thousands]----(832.00)---
    Depreciation and amortization [USD, thousands]7,001.0027,4817,2268,901.0010,575.00---
    Accretion of debt in interest expense, net [USD, thousands]611.002,205508517.00730.00---
    Accretion of discount on held to maturity investments in interest expense, net [USD, thousands]-(1,886)(397)662.0018.00---
    Current expected credit losses [USD, thousands](204.00)579564989.00886.00---
    Provision for obsolete inventory [USD, thousands](644.00)(1,915)108576.00(698.00)---
    Stock-based compensation [USD, thousands]3,785.0014,4274,4106,286.005,887.00---
    Impairment loss [USD, thousands]--------
    Adjustment to contingent consideration liability [USD, thousands](1,700.00)(9,200)--0.00---
    Cash used in operating activities - continuing operations [USD, thousands]----8,597.00---
    Cash provided by (used in) operating activities - discontinued operations [USD, thousands]----204.00---
    Net cash used in operating activities [USD, thousands]1,413.00(17,075)(23,576)(13,846.00)8,801.00---
    Cash paid for acquisition, net of cash acquired [USD, thousands]-(1,900)(166,292)0.00(127,278.00)---
    Capital expenditures [USD, thousands](496.00)(5,517)(45)(362.00)(384.00)---
    Capitalization of software costs [USD, thousands](1,982.00)(5,346)(1,385)(1,283.00)(1,336.00)---
    Proceeds from sale of held to maturity investments [USD, thousands]-85,97818,98018,773.0015,524.00---
    Purchases of held to maturity investments [USD, thousands](40,706.00)(80,996)(3,119)(25,232.00)0.00---
    Cash used in investing activities - continuing operations [USD, thousands]----(110,208.00)---
    Cash provided by (used in) investing activities - discontinued operations [USD, thousands]----5,024.00---
    Net cash used in investing activities [USD, thousands](2,969.00)(7,781)(151,861)78,947.00(105,184.00)---
    Proceeds from private placement of common stock, net of issuance costs [USD, thousands]--194,4900.000.00---
    Proceeds from debt issuance, net of original issue discount [USD, thousands]--------
    Treasury stock acquired from employees upon vesting or forfeiture of restricted stock [USD, thousands]58.00(2,685)(4,838)(212.00)(21.00)---
    Proceeds from employee stock purchase plan [USD, thousands]----0.00---
    Proceeds from exercise of stock options [USD, thousands]157.001,0691,105432.00502.00---
    Cash provided by (used in) financing activities - continuing operations [USD, thousands]----87,814.00---
    Net cash provided by (used in) financing activities [USD, thousands]215.00(1,616)190,757746.0087,814.00---
    Effect of exchange rate changes on cash and cash equivalents [USD, thousands](3,014.00)(3,522)479(611.00)1,065.00---
    Net increase (decrease) in cash and cash equivalents and cash held on behalf of customers [USD, thousands](4,355.00)(29,994)15,79965,236.00(7,504.00)---
    Cash paid for interest [USD, thousands]3,978.008,000--0.00---
    Cash paid for income taxes [USD, thousands]831.003,223340452.00751.00---
    Deferred income tax [USD, thousands]197197(8,049)(7,037)(8,288)---
    Accounts receivable [USD, thousands](4,155)(4,155)(5,090)(7,963)(11,696)---
    Inventories [USD, thousands]16,01216,012(1,605)(2,672)(314)---
    Other current assets [USD, thousands](348)(348)(4,552)(541)(3,935)---
    Other assets [USD, thousands](1,602)(1,602)(724)(125)1,315---
    Accounts payable [USD, thousands]6,3096,3099,5214,6574,960---
    Accrued salaries and benefits [USD, thousands]168168(5,160)(466)3,490---
    Accrued expenses [USD, thousands]3,3953,395(3,376)(2,975)(1,848)---
    Customer deposits and deferred service revenue [USD, thousands](2,179)(2,179)(945)(4,017)6,279---
    Customers payable [USD, thousands]2,9662,9662,3882,6345,096---
    Other long-term liabilities [USD, thousands](412)(412)(115)(327)(2,253)---
    Cash and cash equivalents and cash held on behalf of customers at beginning of period [USD, thousands]77,53377,53347,53947,53947,539---
    Cash and cash equivalents and cash held on behalf of customers at end of period [USD, thousands]47,53947,53963,338128,574121,070---
    Cash and cash equivalents [USD, thousands]37,36937,36950,780115,770105,804---
    Cash held on behalf of customers [USD, thousands]10,17010,17012,55812,80415,266---
    Total cash and cash equivalents and cash held on behalf of customers [USD, thousands]47,53947,53963,338128,574121,070---
    Revenue by Segment - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Restaurant/Retail69.89276.770.07---350.0-
    - Hardware24.43103.418.2320.122.6526.0287.0-
    - Subscription Service32.86122.638.3844.959.9164.21207.4-
    - Professional Service12.5950.713.4713.214.2014.6355.5-
    - Core--------
    - Brink--------
    - SureCheck--------
    Government37.83139.135.42-----
    - Mission Systems8.235.68.25-----
    - ISR Solutions29.17102.226.76-----
    - Commercial Software0.461.40.42-----
    Product--------
    Service--------
    Contract--------
    Total Revenue107.72415.8105.5078.296.7569.55350.0-
    Revenue by Geography - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    United States100.68392.299.9673.1881.63851.36306.135-
    International7.0123.65.544.9715.11618.2243.847-
    - Other Countries--------
    Total Revenue107.69415.8105.5078.1596.75469.58349.982-