Below are the financial statements of PAR Technology, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenues, net | — | — | — |
| Subscription service | 207.42a | 122.6a | 97.5a |
| Hardware | 87.04a | 103.39a | 114.41a |
| Professional service | 55.52a | 50.73a | 50.44a |
| Total revenues, net | 349.98a | 276.71a | 262.35a |
| Cost of sales | — | — | — |
| Subscription service | -96.52a | -63.74a | -47.42a |
| Hardware | -65.92a | -80.32a | -92.22a |
| Professional service | -41.42a | -43.21a | -40.98a |
| Total cost of sales | -203.86a | -187.27a | -180.63a |
| Gross margin | 146.12a | 89.45a | 81.72a |
| Operating expenses | — | — | — |
| Sales and marketing | -41.71a | -38.51a | -34.9a |
| General and administrative | -108.9a | -72.14a | -69.77a |
| Research and development | -67.26a | -58.36a | -48.64a |
| Amortization of identifiable intangible assets | -8.45a | -1.86a | -1.86a |
| Adjustment to contingent consideration liability | -0.6a | -9.2a | -4.4a |
| Gain on insurance proceeds | -0.5a | -0.5a | 0a |
| Total operating expenses | -225.22a | -161.17a | -150.78a |
| Operating loss | -79.1a | -71.72a | -69.06a |
| Other income (expense), net | 1.15a | -0.49a | -1.07a |
| Loss on extinguishment of debt | -6.56a | -0.64a | 0a |
| Interest expense, net | -10.17a | -6.93a | -8.81a |
| Loss from continuing operations before income taxes | -94.68a | -79.77a | -78.94a |
| Benefit from (provision for) income taxes | -4.77a | -1.85a | -1.13a |
| Net loss from continuing operations | -89.91a | -81.62a | -80.07a |
| Net income from discontinued operations | 84.92a | 11.87a | 10.75a |
| Net loss | -4.99a | -69.75a | -69.32a |
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