Palatin Technologies Inc financial data

Symbol
PTN on NYSE
Industry
Pharmaceutical Preparations
Location
4 B Cedar Brook Drive, Cranbury, New Jersey
State of incorporation
New Jersey
Fiscal year end
June 30
Former names
INTERFILM INC (to 6/14/1996)
Latest financial report
10-Q - Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 100 % -51.9%
Quick Ratio 4.38 % -24%
Debt-to-equity -387 % -335%
Return On Equity 784 %
Return On Assets -262 % -195%
Operating Margin -423 % +53%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 16.1M shares +40%
Common Stock, Shares, Outstanding 16.1M shares +44.7%
Entity Public Float 25.9M USD -77.7%
Common Stock, Value, Issued 161K USD +44.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 5.9M USD +52.8%
Cost of Revenue 0 USD -100%
Research and Development Expense 25.1M USD +10.9%
General and Administrative Expense 16.6M USD +17.5%
Costs and Expenses 4.57M USD -49.8%
Operating Income (Loss) -25M USD +28.1%
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 -35.5M USD -31.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 21.5M USD +9.44%
Marketable Securities, Current 0 USD
Accounts Receivable, after Allowance for Credit Loss, Current 0 USD -100%
Inventory, Net 0 USD -100%
Assets, Current 10.3M USD -57.6%
Property, Plant and Equipment, Net 465K USD -34.8%
Operating Lease, Right-of-Use Asset 615K USD +2.64%
Other Assets, Noncurrent 56.9K USD 0%
Assets 11.4M USD -55.5%
Accounts Payable, Current 3.44M USD +23.6%
Accrued Liabilities, Current 2.36M USD -57.3%
Liabilities, Current 8.53M USD -28%
Operating Lease, Liability, Noncurrent 262K USD -18.2%
Other Liabilities, Noncurrent 0 USD -100%
Liabilities 9.83M USD -38.6%
Retained Earnings (Accumulated Deficit) -434M USD -7.09%
Stockholders' Equity Attributable to Parent 1.58M USD -76%
Liabilities and Equity 11.4M USD -55.5%

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 16.1M shares +44.7%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 10M USD -49%
Interest Paid, Excluding Capitalized Interest, Operating Activities 10.9K USD +13.3%
Deferred Tax Assets, Valuation Allowance 51.5M USD +12.3%
Deferred Tax Assets, Gross 51.5M USD +12.3%
Operating Lease, Liability 253K USD -79.8%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Property, Plant and Equipment, Gross 3.6M USD +13.7%
Operating Lease, Liability, Current 371K USD +23.3%
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 +13.4%
Preferred Stock, Shares Issued 4.03K shares
Preferred Stock, Shares Authorized 10M shares 0%
Additional Paid in Capital 435M USD +4.98%
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 15.2K USD -58.6%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%