Parkervision (PRKR) AI Stock Analysis

• Market Cap: $31.92M
• Dividend Yield: N/A
• Average Volume (3M): 179.17K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.29
• Revenue Growth: N/A
• EPS Growth: 39.36%
• Country: US
• Employees: 7
• Sector: Technology
• Sector Strength: 88
• Industry: Semiconductors
• EPS (TTM): -0.02
• Shares Outstanding: 141,816,880
• 10 Day Avg. Volume: 248,935
• 30 Day Avg. Volume: 179,170
• PEG Ratio: 0.02
• Price to Book (P/B): -1.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -25.14
• Enterprise Value/Market Cap: 1.09
• Enterprise Value/Revenue: 590.68
• Enterprise Value/Gross Profit: -165.95
• Enterprise Value/Ebitda: -3.65
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: $0.22 ▲(14.74% Upside)

The score is held down primarily by very weak financial performance (persistent losses, negative equity, and continued cash burn). Technicals provide a meaningful offset due to an uptrend and positive momentum, while valuation remains challenged because the company is unprofitable (negative P/E) and no dividend support is indicated.

Positive Factors

IP-driven revenue model

A business model focused on licensing and enforcing IP can generate high-margin revenue with low recurring capital needs. Sustainably monetized patents provide scalable income streams and bargaining power versus competitors if legal positions hold, supporting long-term viability.

Accelerated appellate process

A sped-up Federal Circuit appeal is a structural legal development that may materially shorten resolution time. A successful reversal of the district court could restore infringement claims, strengthen licensing leverage, and materially affect long-term revenue prospects from core patents.

Demonstrated access to equity capital

Completed registered direct offerings and a director purchase show the company can raise equity on demand without underwriters. That ability enhances runway for litigation and operations over months, providing a durable funding channel though it may dilute shareholders.

Negative Factors

Deeply negative stockholders' equity

Sustained negative equity weakens financial flexibility, raises refinancing and insolvency risk, and limits borrowing capacity. This structural balance-sheet impairment constrains strategic options, increases cost of capital, and heightens vulnerability if litigation outcomes do not yield cash inflows.

Ongoing cash burn

Material negative operating and free cash flow indicate the company cannot self-fund operations or enforcement activities. Persistent cash burn necessitates recurring external financing, which can be dilutive or costly and undermines long-term sustainability absent a clear path to positive cash generation.

Minimal, volatile revenue and negative gross profit

Very low and highly volatile revenue with negative gross profit shows a lack of scalable commercial product sales and poor operating leverage. Reliance on one-time legal outcomes rather than durable sales undermines margin sustainability and makes earnings durability highly uncertain over months.

Parkervision Business Overview & Revenue Model

Company Description

ParkerVision, Inc. develops and markets radio frequency technologies and integrated circuits for use in wireless communication products. The company was incorporated in 1989 and is headquartered in Jacksonville, Florida.

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

Very weak fundamentals: minimal TTM revenue with negative gross profit, a large net loss, and volatile/non-durable revenue history. Balance sheet is stressed by deeply negative equity despite modest debt, and cash flow remains materially negative (ongoing cash burn) even with some improvement versus the prior year.

Income Statement

TTM (Trailing-Twelve-Months) results show very weak profitability and scale: revenue is minimal ($0.06M) and gross profit is negative, with a deeply negative net margin driven by a large net loss. While the reported revenue growth rate is extremely high off a very small base, the broader trend is highly volatile (a one-time strong year in 2023 followed by zero/near-zero revenue in 2024 and TTM), suggesting limited earnings durability and poor operating leverage.

Balance Sheet

The balance sheet is stressed by consistently negative stockholders’ equity (TTM equity about -$49.8M), which reduces financial flexibility and increases refinancing risk. Total debt is relatively modest in absolute dollars (~$3.1M TTM) and has come down from 2023 levels, but with negative equity and a small asset base (TTM assets ~ $1.9M), the capital structure remains weak and sensitive to continued losses.

Cash Flow

Cash generation remains a key concern: TTM operating cash flow and free cash flow are both materially negative (about -$5.2M), indicating ongoing cash burn. Cash flow did improve versus the prior year (positive free cash flow growth in TTM), but the company is still not self-funding and would likely rely on external capital or cost reductions to sustain operations if losses persist.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	59.00K	0.00	25.00M	925.00K	144.00K	0.00
Gross Profit	-210.00K	-460.00K	24.77M	915.00K	139.00K	-693.00K
EBITDA	-9.54M	-13.85M	10.20M	-9.18M	-11.71M	-18.34M
Net Income	-10.04M	-14.47M	9.52M	-10.14M	-8.21M	-11.13M
Balance Sheet
Total Assets	1.88M	5.88M	4.02M	1.75M	3.44M	4.46M
Cash, Cash Equivalents and Short-Term Investments	901.00K	4.92M	2.56M	109.00K	1.03M	1.63M
Total Debt	3.13M	3.86M	5.41M	5.15M	3.76M	4.22M
Total Liabilities	48.77M	52.29M	43.54M	52.44M	48.22M	48.28M
Stockholders Equity	-49.84M	-46.41M	-39.52M	-50.69M	-44.78M	-43.82M
Cash Flow
Free Cash Flow	-5.20M	-3.22M	10.79M	-2.96M	-7.71M	-4.78M
Operating Cash Flow	-5.23M	-3.22M	10.79M	-2.96M	-7.70M	-4.78M
Investing Cash Flow	-51.00K	0.00	-2.00K	-4.00K	-3.00K	-1.00K
Financing Cash Flow	5.36M	5.57M	-8.34M	2.04M	7.11M	6.35M

Parkervision Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.19
• 50DMA: Positive
• 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 Neutral. The current price of 0.19 is below the 20-day moving average (MA) of 0.24, below the 50-day MA of 0.23, and below the 200-day MA of 0.30, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 50.42 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PRKR.

Parkervision Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
MX	50 Neutral	$102.91M	-2.70	-8.46%	―	-7.79%	10.04%
PXLW	49 Neutral	$38.01M	-1.27	―	―	-38.72%	16.01%
PRKR	48 Neutral	$31.92M	-2.73	―	―	―	39.36%
GCTS	44 Neutral	$71.37M	-1.65	―	―	-46.98%	-186.82%
SQNS	43 Neutral	$59.72M	―	-18.19%	―	2.80%	―
MOBX	42 Neutral	$23.24M	-0.24	-936.03%	―	―	―

Parkervision Corporate Events

ParkerVision Raises $3.46 Million in Stock Sale

On November 24, 2025, ParkerVision, Inc. completed the sale of 16,481,579 shares of its common stock to accredited investors, raising approximately $3.46 million. This transaction, part of a registered direct offering under the company’s shelf registration, contributes to a total of $4.46 million raised, including a previous sale to a director. The sale supports ParkerVision’s ongoing operations and patent enforcement efforts.

ParkerVision Announces $3.46M Direct Stock Offering

On November 21, 2025, ParkerVision, Inc. entered into subscription agreements with accredited investors to sell 16,481,579 shares of its common stock at $0.21 per share, totaling approximately $3.46 million. The transaction, expected to close on November 24, 2025, was conducted as a registered direct offering without an underwriter, utilizing the company’s existing shelf registration statement filed with the SEC.

ParkerVision Completes Direct Stock Offering to Director

On November 17, 2025, ParkerVision, Inc. completed a direct offering of 4,761,905 shares of its common stock to Lewis H. Titterton, Jr., a director of the company, for $1,000,000. The shares were sold at $0.21 each, matching the last reported sale price on the OTCQB Venture Market. This transaction, conducted under the company’s shelf registration statement, marks the only use of the shelf to date and highlights ParkerVision’s strategic financial maneuvers to bolster its capital without incurring additional costs from intermediaries.

ParkerVision Enters Subscription Agreement with Director

On November 14, 2025, ParkerVision, Inc. entered into a subscription agreement with Lewis H. Titterton, Jr., a director of the company, for the purchase of 4,761,905 shares of common stock at $0.21 per share, totaling $1,000,000. This transaction, expected to close by November 18, 2025, was approved by disinterested board members and is part of the company’s existing shelf registration, potentially impacting its financial standing and shareholder dynamics.