Palatin Technologies Inc financial data

Symbol
PTN on NYSE
Industry
Pharmaceutical Preparations
Location
4 B Cedar Brook Drive, Cranbury, NJ
State of incorporation
NJ
Fiscal year end
June 30
Former names
INTERFILM INC (to 6/14/1996)
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 88.9 % -42.9%
Quick Ratio 3.72 % -27.2%
Debt-to-equity -320 % -147%
Return On Equity 735 %
Return On Assets -331 % -242%
Operating Margin -501 % +25.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 19.5M shares +63.6%
Common Stock, Shares, Outstanding 19.5M shares +63.6%
Entity Public Float 55.7M USD +115%
Common Stock, Value, Issued 195K USD +63.6%
Weighted Average Number of Shares Outstanding, Basic 19.8M shares +63.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 4.49M USD -7.49%
Cost of Revenue 97.6K USD -76.7%
Research and Development Expense 23.1M USD +6.99%
General and Administrative Expense 16.6M USD +17.5%
Costs and Expenses 9.22M USD +102%
Operating Income (Loss) -24.2M USD +19%
Nonoperating Income (Expense) 507K USD +29.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -7.84M USD -299%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -32.4M USD -54.2%
Earnings Per Share, Basic -0.39 USD/shares +9.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.38M USD -56.8%
Marketable Securities, Current 0 USD -100%
Accounts Receivable, after Allowance for Credit Loss, Current 0 USD -100%
Inventory, Net 0 USD -100%
Assets, Current 2.61M USD -73.4%
Property, Plant and Equipment, Net 308K USD -48.5%
Operating Lease, Right-of-Use Asset 438K USD -44.4%
Other Assets, Noncurrent 56.9K USD 0%
Assets 3.42M USD -69.6%
Accounts Payable, Current 3.95M USD +74%
Accrued Liabilities, Current 4.57M USD -36.1%
Liabilities, Current 9.86M USD -27.5%
Operating Lease, Liability, Noncurrent 132K USD -72.5%
Other Liabilities, Noncurrent 0 USD -100%
Liabilities 11.1M USD -31.2%
Retained Earnings (Accumulated Deficit) -450M USD -6.69%
Stockholders' Equity Attributable to Parent -7.69M USD -21.6%
Liabilities and Equity 3.42M USD -69.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -7.02M USD -18.8%
Net Cash Provided by (Used in) Financing Activities -127K USD -128%
Net Cash Provided by (Used in) Investing Activities 0 USD -100%
Common Stock, Shares Authorized 300M shares 0%
Common Stock, Shares, Issued 19.5M shares +63.6%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.38M USD -56.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 5.94K USD -45.4%
Deferred Tax Assets, Valuation Allowance 62.7M USD +21.7%
Deferred Tax Assets, Gross 62.7M USD +21.7%
Operating Lease, Liability 253K USD -79.8%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Property, Plant and Equipment, Gross 3.65M USD +1.18%
Operating Lease, Liability, Current 320K USD -2.27%
Lessee, Operating Lease, Liability, to be Paid, Year Two 112K USD -73%
Lessee, Operating Lease, Liability, to be Paid, Year One 112K USD -72.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 17.1K USD -92.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 46.6K USD -88.3%
Deferred Tax Assets, Operating Loss Carryforwards 40.1M USD -0.06%
Preferred Stock, Shares Issued 4.03K shares
Preferred Stock, Shares Authorized 10M shares 0%
Additional Paid in Capital 442M USD +6.07%
Preferred Stock, Shares Outstanding 4.03K shares
Depreciation, Depletion and Amortization 59.6K USD +375%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 12.2K USD -42.8%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%