Parkervision (PRKR) AI Stock Analysis

• Market Cap: $54.55M
• Dividend Yield: N/A
• Average Volume (3M): 263.07K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.74
• Revenue Growth: -100.00%
• EPS Growth: -235.25%
• Country: US
• Employees: 7
• Sector: Technology
• Sector Strength: 40
• Industry: Semiconductors
• EPS (TTM): -0.15
• Shares Outstanding: 117,317,590
• 10 Day Avg. Volume: 207,535
• 30 Day Avg. Volume: 263,071
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 2.87
• Price to Cash Flow (P/CF): -28.10
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Parkervision's stock is currently facing significant financial challenges, with negative equity and inconsistent revenue performance being major concerns. While recent technical indicators show short-term upward momentum, the stock remains overvalued with a negative P/E ratio. Corporate events, such as management bonuses, highlight efforts to stabilize the company but do not significantly impact the overall score.

Parkervision Business Overview & Revenue Model

Company Description

ParkerVision, Inc. (PRKR) is a technology company that specializes in developing wireless communication technologies and products. The company is primarily involved in the development, marketing, and licensing of its proprietary radio frequency (RF) technologies for mobile and other wireless applications. ParkerVision aims to improve the performance and efficiency of wireless communication devices through its innovative RF solutions.

How the Company Makes Money

ParkerVision generates revenue primarily through the licensing of its proprietary wireless technologies to other companies in the telecommunications and consumer electronics sectors. The company licenses its RF technologies, which are designed to enhance the performance and efficiency of wireless communications, to manufacturers who integrate these technologies into their products. Additionally, ParkerVision may engage in partnerships or collaborations with other technology companies to develop new applications for its RF solutions, potentially leading to joint revenue opportunities. The company's revenue model focuses on leveraging its intellectual property portfolio to secure licensing agreements and partnerships that generate ongoing royalty payments.

Parkervision Financial Statement Overview

Summary

Parkervision is facing significant financial challenges across income, balance sheet, and cash flow statements. Inconsistent revenue and profitability, coupled with high leverage and negative equity, pose substantial risks. Although there are some signs of liquidity improvement, the overall financial health is precarious, requiring strategic interventions to stabilize and improve the financial position.

Income Statement

Parkervision's income statement reveals significant volatility. The company's revenue growth is inconsistent, with a dramatic increase in 2023 followed by a complete drop to zero in 2024. Net profit margins have been negative in recent years, with a notable decline in net income in 2024 compared to 2023. The absence of revenue and gross profit in 2024 highlights substantial operational challenges.

Balance Sheet

The balance sheet shows a highly leveraged position, with negative stockholders' equity and significant total liabilities. The debt-to-equity ratio is unfavorable given the negative equity. The company's equity ratio is concerning, reflecting financial instability. Improvements in cash and short-term investments in 2024 provide some liquidity relief, but overall solvency remains a critical issue.

Cash Flow

Operating cash flow has been negative in 2024, indicating operational difficulties. The company experienced a negative free cash flow, suggesting challenges in generating cash from operations. While financing activities have injected some liquidity, the cash flow situation remains weak, with limited growth potential in free cash flow over the periods analyzed.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
0.00	25.00M	925.00K	144.00K	0.00
	Gross Profit
0.00	24.52M	915.00K	139.00K	-693.00K
	EBIT
0.00	21.13M	-9.80M	-12.08M	-19.66M
	EBITDA
0.00	10.20M	-9.18M	-11.71M	-18.34M
	Net Income Common Stockholders
-14.47M	9.52M	-10.14M	-8.21M	-11.13M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.92M	2.56M	109.00K	1.03M	1.63M
	Total Assets
5.88M	4.02M	1.75M	3.44M	4.46M
	Total Debt
3.52M	5.41M	4.68M	3.76M	4.22M
	Net Debt
-1.40M	2.85M	4.57M	2.73M	2.59M
	Total Liabilities
52.29M	43.54M	52.44M	48.22M	48.28M
	Stockholders Equity
-46.41M	-39.52M	-50.69M	-44.78M	-43.82M
Cash Flow		Free Cash Flow
-3.22M	10.79M	-2.96M	-7.71M	-4.78M
	Operating Cash Flow
-3.22M	10.79M	-2.96M	-7.70M	-4.78M
	Investing Cash Flow
0.00	-2.00K	-4.00K	-3.00K	-1.00K
	Financing Cash Flow
5.57M	-8.34M	2.04M	7.11M	6.35M

Parkervision Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.44
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PRKR, the sentiment is Negative. The current price of 0.44 is below the 20-day moving average (MA) of 0.59, below the 50-day MA of 0.74, and below the 200-day MA of 0.58, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 32.85 is Neutral, neither overbought nor oversold. The STOCH value of 61.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PRKR.

Parkervision Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IDCC	79 Outperform	$5.03B	16.21	49.85%	0.89%	58.03%	80.93%
AVGO	76 Outperform	$724.76B	74.35	14.85%	1.43%	40.30%	-22.79%
QCOM	75 Outperform	$143.47B	13.86	41.96%	2.73%	12.13%	36.17%
SWKS	72 Outperform	$8.20B	16.36	8.34%	5.65%	-12.91%	-42.12%
NXPI	69 Neutral	$41.41B	16.60	28.16%	2.64%	-4.99%	-9.18%
Sector *	57 Neutral	$20.31B	10.03	-14.49%	2.79%	5.15%	-23.76%
PRKR	32 Underperform	$54.55M	―	25.72%	―	-100.00%	-235.25%

Parkervision Corporate Events

Parkervision Awards Bonuses to CEO and CFO

On January 15, 2025, ParkerVision’s Compensation Committee awarded one-time cash bonuses to CEO Jeffrey Parker and CFO Cynthia French, recognizing their significant contributions to the company’s strategic initiatives. These bonuses, $350,000 for Mr. Parker and $100,000 for Ms. French, acknowledge their roles in patent litigation, financial stability, regulatory compliance, and cost reduction, and also compensate for their voluntary salary reductions since mid-2018 to support the company during challenging times.