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-K - Q2 2024 - Sep 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 97.9 % -45.4%
Quick Ratio 3.72 % -27.2%
Debt-to-equity -378 % -232%
Return On Equity 733 %
Return On Assets -253 % -172%
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 17.9M shares +53.8%
Entity Public Float 55.7M USD +115%
Common Stock, Value, Issued 179K USD +53.8%

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 22.4M USD -1.02%
General and Administrative Expense 16.6M USD +17.5%
Costs and Expenses 4.57M USD -49.8%
Operating Income (Loss) -22.5M USD +30.7%
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 -29.7M USD -23.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 9.53M USD -13.2%
Marketable Securities, Current 0 USD -100%
Accounts Receivable, after Allowance for Credit Loss, Current 0 USD -100%
Inventory, Net 0 USD -100%
Assets, Current 9.77M USD -40.1%
Property, Plant and Equipment, Net 388K USD -43.3%
Operating Lease, Right-of-Use Asset 527K USD -39.8%
Other Assets, Noncurrent 56.9K USD 0%
Assets 10.7M USD -40.1%
Accounts Payable, Current 4.1M USD -4.68%
Accrued Liabilities, Current 4.19M USD -35.7%
Liabilities, Current 9.66M USD -36.2%
Operating Lease, Liability, Noncurrent 164K USD -69.9%
Other Liabilities, Noncurrent 0 USD -100%
Liabilities 10.9M USD -44.8%
Retained Earnings (Accumulated Deficit) -442M USD -7.22%
Stockholders' Equity Attributable to Parent -111K USD +94.4%
Liabilities and Equity 10.7M USD -40.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -5.91M USD +31.2%
Net Cash Provided by (Used in) Financing Activities 449K USD
Net Cash Provided by (Used in) Investing Activities 2.99M USD
Common Stock, Shares Authorized 300M shares 0%
Common Stock, Shares, Issued 17.9M shares +53.8%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 9.53M USD +19.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 10.9K USD +13.3%
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 381K USD +7.48%
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 441M USD +7.69%
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 17.1K USD -14.5%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%