Phunware Inc (PHUN)

Name: Phunware Inc Financial Statements
Creator: Quarter Results

Technology | Software Application

Latest reporting period: 2025-03-31

Latest Quarter

2025-03-31

Revenue

$688K

Net Income

-$3.7M

Operating Margin

-699.7%

Free Cash Flow

-$13.3M

Debt / Assets

6.6%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Phunware Inc (PHUN).
Income Statement (Quarterly)	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Revenue	688,000	592,000	665,000	1,011,000
Cost of Revenue	329,000	454,000	343,000	541,000
Gross Profit	359,000	138,000	322,000	470,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	4,360,000	4,356,000	2,900,000	2,908,000
Operating Expenses	5,173,000	5,029,000	3,512,000	3,404,000
Operating Income	-4,814,000	-4,891,000	-2,760,000	-2,934,000
Interest Expense	-9,000	9,000	10,000	8,000
Income Before Tax	-3,723,000	-2,592,000	-2,760,000	-2,631,000
Income Tax Expense	0	41,000	0	0
Net Income	-3,723,000	-2,633,000	-2,760,000	-2,631,000
Per Share
EPS	-0.18	-0.24	-0.25	-0.32
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Phunware Inc (PHUN).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue	2,553,000	3,189,000	4,832,000	21,794,000	10,643,000
Cost of Revenue	1,262,000	1,735,000	3,146,000	16,718,000	7,030,000
Gross Profit	1,291,000	1,454,000	1,686,000	5,076,000	3,613,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	18,647,000	13,078,000	17,109,000	26,368,000	16,278,000
Operating Expenses	21,810,000	15,343,000	47,377,000	32,517,000	20,457,000
Operating Income	-20,519,000	-10,316,000	-45,691,000	-27,441,000	-16,844,000
Interest Expense	32,000	135,000	1,733,000	2,406,000	-4,481,000
Income Before Tax	-11,382,000	-10,275,000	-41,915,000	-50,890,000	-53,096,000
Income Tax Expense	19,000	41,000	29,000	4,000	426,000
Net Income	-11,401,000	-10,316,000	-52,785,000	-50,894,000	-53,522,000
Per Share
EPS	-0.57	-0.94	-22.18	-24.67	-0.71
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Phunware Inc (PHUN).
Balance Sheet (Quarterly)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	112,974,000	3,934,000	1,955,000	23,137,000
Short Term Investments	103,000	75,000	10,137,000	0
Net Receivables	276,000	550,000	958,000	967,000
Inventory	0	2	2,780,000	2,636,000
Total Current Assets	113,759,000	4,961,000	16,863,000	60,007,000
Property Plant Equipment	864,000	1,491,000	3,933,000	1,260,000
Goodwill and Intangibles	0	0	33,637,000	36,473,000
Total Assets	114,781,000	6,728,000	56,795,000	99,294,000
Liabilities
Account Payables	3,754,000	7,836,000	7,699,000	6,589,000
Short Term Debt	626,000	5,565,000	10,621,000	5,303,000
Total Current Liabilities	6,451,000	16,503,000	25,577,000	30,293,000
Long Term Debt	619,000	1,031,000	3,103,000	0
Total Liabilities	7,598,000	18,185,000	31,914,000	34,017,000
Shareholders Equity
Retained Earnings	-313,320,000	-303,004,000	-250,219,000	-199,325,000
Total Shareholders Equity	107,183,000	-11,457,000	24,881,000	65,277,000

Balance sheet annual history for Phunware Inc (PHUN).
Balance Sheet (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Assets
Cash and Cash Equivalents	112,974,000	3,934,000	1,955,000	23,137,000	3,940,000
Short Term Investments	103,000	75,000	10,137,000	0	0
Net Receivables	276,000	550,000	958,000	967,000	664,000
Inventory	0	2	2,780,000	2,636,000	0
Total Current Assets	113,759,000	4,961,000	16,863,000	60,007,000	4,908,000
Property Plant Equipment	864,000	1,491,000	3,933,000	1,260,000	13,000
Goodwill and Intangibles	0	0	33,637,000	36,473,000	26,011,000
Total Assets	114,781,000	6,728,000	56,795,000	99,294,000	31,836,000
Liabilities
Account Payables	3,754,000	7,836,000	7,699,000	6,589,000	9,089,000
Short Term Debt	626,000	5,565,000	10,621,000	5,303,000	4,435,000
Total Current Liabilities	6,451,000	16,503,000	25,577,000	30,293,000	26,463,000
Long Term Debt	619,000	1,031,000	3,103,000	0	3,957,000
Total Liabilities	7,598,000	18,185,000	31,914,000	34,017,000	33,815,000
Shareholders Equity
Retained Earnings	-313,320,000	-303,004,000	-250,219,000	-199,325,000	-145,803,000
Total Shareholders Equity	107,183,000	-11,457,000	24,881,000	65,277,000	-1,979,000

Cash flow quarterly history for Phunware Inc (PHUN).
Cash Flow Statement (Quarterly)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	-10,316,000	-41,944,000	-50,894,000	-53,522,000
Depreciation & Amortization	0	84,000	1,034,000	2,942,000
Stock Based Compensation	1,656,000	4,071,000	3,009,000	4,941,000
Change in Working Capital	-3,746,000	-2,025,000	-2,160,000	-8,219,000
Operating Cash Flow	-13,302,000	-18,435,000	-26,827,000	-22,514,000
Investing Activities
Capital Expenditure	0	0	-1,194,000	0
Investments	0	0	-1,194,000	0
Investing Cash Flow	0	15,382,000	-2,287,000	-46,385,000
Financing Activities
Debt Repayment	0	-5,057,000	-8,066,000	-802,000
Common Stock Issued/Repurchased	122,342,000	10,032,000	4,298,000	94,737,000
Dividends Paid	0	0	0	0
Financing Cash Flow	122,342,000	4,975,000	8,055,000	88,019,000
Summary
Free Cash Flow	-13,302,000	-18,435,000	-28,021,000	-22,514,000
Net Change in Cash	109,040,000	1,979,000	-21,182,000	19,106,000

Cash flow annual history for Phunware Inc (PHUN).
Cash Flow Statement (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Operating Activities
Net Income	-10,316,000	-41,944,000	-50,894,000	-53,522,000	-22,199,000
Depreciation & Amortization	0	84,000	1,034,000	2,942,000	153,000
Stock Based Compensation	1,656,000	4,071,000	3,009,000	4,941,000	4,492,000
Change in Working Capital	-3,746,000	-2,025,000	-2,160,000	-8,219,000	3,303,000
Operating Cash Flow	-13,302,000	-18,435,000	-26,827,000	-22,514,000	-10,973,000
Investing Activities
Capital Expenditure	0	0	-1,194,000	0	0
Investments	0	0	-1,194,000	0	0
Investing Cash Flow	0	15,382,000	-2,287,000	-46,385,000	0
Financing Activities
Debt Repayment	0	-5,057,000	-8,066,000	-802,000	-8,978,000
Common Stock Issued/Repurchased	122,342,000	10,032,000	4,298,000	94,737,000	9,177,000
Dividends Paid	0	0	0	0	0
Financing Cash Flow	122,342,000	4,975,000	8,055,000	88,019,000	14,596,000
Summary
Free Cash Flow	-13,302,000	-18,435,000	-28,021,000	-22,514,000	-10,973,000
Net Change in Cash	109,040,000	1,979,000	-21,182,000	19,106,000	3,669,000