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.
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.