Palatin Technologies Inc financial data

Symbol
PTN on NYSE
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 - Q4 2024 - Feb 13, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 70 % -42.1%
Quick Ratio 3.72 % -27.2%
Debt-to-equity -337 % +42.1%
Return On Equity 856 % -11.1%
Return On Assets -361 % -95.5%
Operating Margin -501 % +25.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 26M shares +61.2%
Common Stock, Shares, Outstanding 23.5M shares +64%
Entity Public Float 55.7M USD +115%
Common Stock, Value, Issued 235K USD +64%
Weighted Average Number of Shares Outstanding, Basic 20.6M shares +46.4%

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 21M USD -7.89%
General and Administrative Expense 16.6M USD +17.5%
Costs and Expenses 9.22M USD +102%
Operating Income (Loss) -27.9M USD -21.2%
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 -27M USD +14.5%
Earnings Per Share, Basic -0.12 USD/shares +78.6%

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 3.67M USD -70%
Property, Plant and Equipment, Net 236K USD -57.2%
Operating Lease, Right-of-Use Asset 348K USD -50.5%
Other Assets, Noncurrent 56.9K USD 0%
Assets 4.31M USD -68.2%
Accounts Payable, Current 6.72M USD +322%
Accrued Liabilities, Current 1.65M USD -70.6%
Liabilities, Current 9.56M USD -14.6%
Operating Lease, Liability, Noncurrent 100K USD -72%
Other Liabilities, Noncurrent 0 USD -100%
Liabilities 10.7M USD -56.4%
Retained Earnings (Accumulated Deficit) -452M USD -6.34%
Stockholders' Equity Attributable to Parent -6.38M USD +43.9%
Liabilities and Equity 4.31M USD -68.2%

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 23.5M shares +64%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3.42M USD -64%
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%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Property, Plant and Equipment, Gross 3.65M USD +1.18%
Operating Lease, Liability, Current 258K USD -29.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Tax Assets, Operating Loss Carryforwards 40.1M USD -0.06%
Preferred Stock, Shares Authorized 10M shares 0%
Additional Paid in Capital 445M USD +7.71%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 14.4K USD -17.5%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%