PALATIN TECHNOLOGIES INC
For the period ended Jun 30, 2026. Filed Sep 28, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2026 · Filed Sep 28, 2026
PTN$7.23+15.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
PALATIN TECHNOLOGIES, INC.
Consolidated Balance Sheets
| June 30, 2026 | June 30, 2025 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $7,492,014 | $2,564,265 |
| Accounts receivable | 300,770 | - |
| Other receivables | - | 29,468 |
| Prepaid expenses and other current assets | 371,703 | 325,695 |
| Total current assets | 8,164,487 | 2,919,428 |
| Property and equipment, net | 118,064 | 129,444 |
| Right-of-use assets - operating leases | 219,677 | 161,166 |
| Other assets | 21,626 | 56,916 |
| Total assets | $8,523,854 | $3,266,954 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIENCY) | ||
| Current liabilities: | ||
| Accounts payable | $1,109,552 | $6,998,806 |
| Accrued expenses | 504,158 | 881,412 |
| Short-term operating lease liabilities | 158,263 | 129,812 |
| Total current liabilities | 1,771,973 | 8,010,030 |
| Long-term operating lease liabilities | 65,416 | 33,969 |
| Total liabilities | 1,837,389 | 8,043,999 |
| Commitments and contingencies (Note 12) | - | - |
| Stockholders’ equity (deficiency): | ||
| Preferred stock of $0.01 par value – authorized 10,000,000 shares: shares issued and outstanding designated as follows: | ||
| Series A Convertible: authorized 4,030 shares as of June 30, 2026: issued and outstanding 4,030 shares as of June 30, 2026 and June 30, 2025 | 40 | 40 |
| Series D Convertible: authorized 3,400 shares as of June 30, 2026: issued and outstanding 3,400 shares as of June 30, 2026 and June 30, 2025 | 34 | 34 |
| Common stock of $0.01 par value – authorized 300,000,000 shares: | ||
| issued and outstanding 1,779,275 shares as of June 30, 2026 and 929,597 shares as of June 30, 2025 | 17,793 | 9,296 |
| Additional paid-in capital | 474,120,392 | 454,287,484 |
| Accumulated deficit | (467,451,794) | (459,073,899) |
| Total stockholders’ equity (deficiency) | 6,686,465 | (4,777,045) |
| Total liabilities and stockholders’ equity (deficiency) | $8,523,854 | $3,266,954 |
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