Annual report [Section 13 and 15(d), not S-K Item 405]

Document And Entity Information

v3.25.1
Document And Entity Information - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Mar. 25, 2025
Jun. 28, 2024
Document Information [Line Items]      
Entity Central Index Key 0001583648    
Entity Registrant Name Palvella Therapeutics, Inc.    
Amendment Flag false    
Current Fiscal Year End Date --12-31    
Document Fiscal Period Focus FY    
Document Fiscal Year Focus 2024    
Document Type 10-K    
Document Annual Report true    
Document Period End Date Dec. 31, 2024    
Document Transition Report false    
Entity File Number 001-37471    
Entity Incorporation, State or Country Code NV    
Entity Tax Identification Number 30-0784346    
Entity Address, Address Line One 125 Strafford Ave, Suite 360    
Entity Address, City or Town Wayne    
Entity Address, State or Province PA    
Entity Address, Postal Zip Code 19087    
City Area Code 484    
Local Phone Number 253-1461    
Title of 12(b) Security Common Stock, par value $0.001 per share    
Trading Symbol PVLA    
Security Exchange Name NASDAQ    
Entity Well-known Seasoned Issuer No    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Entity Interactive Data Current Yes    
Entity Filer Category Non-accelerated Filer    
Entity Small Business true    
Entity Emerging Growth Company false    
ICFR Auditor Attestation Flag false    
Document Financial Statement Error Correction [Flag] false    
Entity Shell Company false    
Entity Public Float     $ 9.2
Entity Common Stock, Shares Outstanding   11,018,747  
Documents Incorporated by Reference

DOCUMENTS INCORPORATED BY REFERENCE

The registrant intends to file a definitive proxy statement pursuant to Regulation 14A within 120 days of the end of the fiscal year ended December 31, 2024. Portions of such definitive proxy statement are incorporated by reference into Part III of this Annual Report on Form 10-K.

   
Auditor Firm ID 42    
Auditor Name Ernst & Young LLP    
Auditor Location Philadelphia, Pennsylvania    
Auditor Opinion

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of Palvella Therapeutics, Inc. (the Company) as of December 31, 2024 and 2023, and the related consolidated statements of operations and comprehensive (loss) income, changes in convertible preferred stock and stockholders' equity (deficit) and cash flows for each of the two years in the period ended December 31, 2024, and the related notes (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the two years in the period ended December 31, 2024, in conformity with U.S. generally accepted accounting principles.