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$6.89-4.7%Stored close · as of Nov 10, 2026
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
| Year Ended June 30, | ||
|---|---|---|
| 2026 | 2025 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net loss | $(8,377,895) | $(17,307,349) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 62,679 | 258,917 |
| Decrease in right-of-use asset | 190,207 | 366,155 |
| Unrealized foreign currency transaction loss | - | 50 |
| Stock-based compensation | 1,329,087 | 1,382,281 |
| Debt cancellation | (3,751,122) | - |
| Gain on sale of Vyleesi | - | (3,130,000) |
| Gain on purchase commitment | - | (2,117,900) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (300,770) | - |
| Other receivables | 29,468 | (29,468) |
| Prepaid expenses and other assets | (10,718) | (83,423) |
| Accounts payable | (2,138,132) | 2,896,877 |
| Accrued expenses | (377,254) | (3,303,634) |
| Operating lease liabilities | (188,820) | (380,543) |
| Other liabilities | - | 141,400 |
| Net cash used in operating activities | (13,533,270) | (21,306,637) |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Proceeds from sale of Vyleesi | - | 3,130,000 |
| Purchases of property and equipment | (51,299) | - |
| Net cash (used in) provided by investing activities | (51,299) | 3,130,000 |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Payment of withholding taxes related to restricted stock units | (19,514) | (99,482) |
| Proceeds from the sale of common stock and warrants, net | 16,910,891 | 7,960,765 |
| Payment of finance lease obligations | - | (46,014) |
| Proceeds from exercise of warrants | 1,620,941 | 3,398,237 |
| Net cash provided by financing activities | 18,512,318 | 11,213,506 |
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 4,927,749 | (6,963,131) |
| CASH AND CASH EQUIVALENTS, beginning of period | 2,564,265 | 9,527,396 |
| CASH AND CASH EQUIVALENTS, end of period | $7,492,014 | $2,564,265 |
| SUPPLEMENTAL CASH FLOW INFORMATION: | ||
| Cash paid for interest | $6,726 | $15,025 |
| Right-of-use assets obtained in exchange for new operating lease obligation | 248,718 | - |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.