What is PGM?
PGM is the greyscale member of the Netpbm family: a three-line header, then one brightness value per pixel with no compression. It is what image-processing courses, OCR pipelines and computer-vision tools pass around when they want a format with no decoder in the way.
What is PNG?
PNG is the web's lossless image format: compression that never degrades the picture, and a real alpha channel for transparency. It is the right choice for screenshots, logos, line art and anything with sharp edges or text.