Palatin Technologies Inc (PTN)

Name: Palatin Technologies Inc Financial Statements
Creator: Quarter Results

Healthcare | Biotechnology

Latest reporting period: 2025-09-30

Latest Quarter

2025-09-30

Revenue

$8.8M

Net Income

$4.7M

Operating Margin

52.7%

Free Cash Flow

-$21.3M

Debt / Assets

246.2%

Values are in USD and rounded to the nearest whole number unless noted.

Swipe horizontally to view all columns.

Income statement quarterly history for Palatin Technologies Inc (PTN).
Income Statement (Quarterly)	2025-09-30	2025-03-31	2024-12-31	2024-09-30
Revenue	8,847,550	0	0	0
Cost of Revenue	0	0	0	0
Gross Profit	8,847,550	0	0	0
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	0	1,474,019	1,681,844	2,020,931
Operating Expenses	4,186,497	5,229,177	2,611,323	7,764,685
Operating Income	4,661,053	-4,813,177	-2,611,323	-7,764,685
Interest Expense	2,002	-1,795	3,803	5,940
Income Before Tax	4,677,534	-4,811,420	-2,442,482	-7,823,649
Income Tax Expense	0	0	0	0
Net Income	4,677,534	-4,811,420	-2,442,482	-7,823,649
Per Share
EPS	4.81	-0.18	-0.12	-0.39
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Palatin Technologies Inc (PTN).
Income Statement (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Revenue	0	4,490,090	4,853,678	1,468,457	-188,597
Cost of Revenue	258,917	97,637	418,470	217,529	147,840
Gross Profit	-258,917	4,392,453	3,775,538	1,250,928	-336,437
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	7,550,428	12,270,046	15,290,836	16,511,942	0
Operating Expenses	22,448,922	26,888,574	36,894,091	37,839,376	30,263,472
Operating Income	-22,707,839	-22,496,121	-32,458,883	-36,588,448	-33,384,101
Interest Expense	15,025	17,114	20,013	29,682	23,440
Income Before Tax	-17,307,349	-29,736,113	-28,711,740	-36,198,299	-33,596,495
Income Tax Expense	0	0	-4,674,999	-390,149	0
Net Income	-17,307,349	-29,736,113	-24,036,741	-35,808,150	-33,596,495
Per Share
EPS	-32.15	-2.02	-2.21	-3.75	-3.55
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Palatin Technologies Inc (PTN).
Balance Sheet (Quarterly)	2025-06-30	2024-06-30	2023-06-30	2022-06-30
Assets
Cash and Cash Equivalents	2,564,265	9,527,396	7,989,582	29,939,154
Short Term Investments	0	0	2,992,890	0
Net Receivables	29,468	0	2,915,760	1,780,020
Inventory	0	0	526,000	944,471
Total Current Assets	2,919,428	9,769,668	16,321,513	34,596,099
Property Plant Equipment	290,610	915,682	1,561,011	1,417,779
Goodwill and Intangibles	0	0	0	0
Total Assets	3,266,954	10,742,266	17,939,440	36,070,794
Liabilities
Account Payables	6,998,806	4,101,929	4,303,527	3,157,617
Short Term Debt	129,812	426,556	460,444	472,045
Total Current Liabilities	8,010,030	9,657,681	15,131,830	16,259,864
Long Term Debt	33,969	163,782	590,337	681,805
Total Liabilities	8,043,999	10,853,763	17,805,367	19,802,919
Shareholders Equity
Retained Earnings	-459,073,899	-441,766,550	-415,535,583	-387,993,696
Total Shareholders Equity	-4,777,045	-111,497	134,073	16,267,875

Balance sheet annual history for Palatin Technologies Inc (PTN).
Balance Sheet (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Assets
Cash and Cash Equivalents	2,564,265	9,527,396	7,989,582	29,939,154	60,104,919
Short Term Investments	0	0	2,992,890	0	0
Net Receivables	29,468	0	2,915,760	1,780,020	1,580,443
Inventory	0	0	526,000	944,471	1,162,000
Total Current Assets	2,919,428	9,769,668	16,321,513	34,596,099	65,907,041
Property Plant Equipment	290,610	915,682	1,561,011	1,417,779	1,332,630
Goodwill and Intangibles	0	0	0	0	0
Total Assets	3,266,954	10,742,266	17,939,440	36,070,794	67,296,587
Liabilities
Account Payables	6,998,806	4,101,929	4,303,527	3,157,617	640,650
Short Term Debt	129,812	426,556	460,444	472,045	351,853
Total Current Liabilities	8,010,030	9,657,681	15,131,830	16,259,864	10,511,788
Long Term Debt	33,969	163,782	590,337	681,805	900,520
Total Liabilities	8,043,999	10,853,763	17,805,367	19,802,919	17,645,215
Shareholders Equity
Retained Earnings	-459,073,899	-441,766,550	-415,535,583	-387,993,696	-351,795,397
Total Shareholders Equity	-4,777,045	-111,497	134,073	16,267,875	49,651,372

Cash flow quarterly history for Palatin Technologies Inc (PTN).
Cash Flow Statement (Quarterly)	2025-06-30	2024-06-30	2023-06-30	2022-06-30
Operating Activities
Net Income	-17,307,349	-29,736,113	-27,541,887	-36,198,299
Depreciation & Amortization	258,917	339,075	288,331	126,668
Stock Based Compensation	1,382,281	1,872,698	1,410,917	2,505,538
Change in Working Capital	-758,791	-3,406,846	392,272	3,439,421
Operating Cash Flow	-21,306,637	-31,461,441	-28,419,001	-29,922,749
Investing Activities
Capital Expenditure	0	-42,526	-433,927	-261,374
Investments	0	-42,526	-433,927	-261,374
Investing Cash Flow	3,130,000	12,450,364	-3,426,817	-261,374
Financing Activities
Debt Repayment	-46,014	-106,392	-100,922	-56,463
Common Stock Issued/Repurchased	7,960,765	14,666,042	9,997,090	-205,179
Dividends Paid	0	0	0	-221,311
Financing Cash Flow	11,213,506	20,548,891	9,896,246	18,358
Summary
Free Cash Flow	-21,306,637	-31,503,967	-28,852,928	-30,184,123
Net Change in Cash	-6,963,131	1,537,814	-21,949,572	-30,165,765

Cash flow annual history for Palatin Technologies Inc (PTN).
Cash Flow Statement (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Operating Activities
Net Income	-17,307,349	-29,736,113	-27,541,887	-36,198,299	-33,596,495
Depreciation & Amortization	258,917	339,075	288,331	126,668	51,121
Stock Based Compensation	1,382,281	1,872,698	1,410,917	2,505,538	3,168,656
Change in Working Capital	-758,791	-3,406,846	392,272	3,439,421	-11,567,991
Operating Cash Flow	-21,306,637	-31,461,441	-28,419,001	-29,922,749	-22,647,991
Investing Activities
Capital Expenditure	0	-42,526	-433,927	-261,374	-5,722
Investments	0	-42,526	-433,927	-261,374	-5,722
Investing Cash Flow	3,130,000	12,450,364	-3,426,817	-261,374	-5,722
Financing Activities
Debt Repayment	-46,014	-106,392	-100,922	-56,463	0
Common Stock Issued/Repurchased	7,960,765	14,666,042	9,997,090	-205,179	0
Dividends Paid	0	0	0	-221,311	0
Financing Cash Flow	11,213,506	20,548,891	9,896,246	18,358	-93,638
Summary
Free Cash Flow	-21,306,637	-31,503,967	-28,852,928	-30,184,123	-22,653,713
Net Change in Cash	-6,963,131	1,537,814	-21,949,572	-30,165,765	-22,747,351