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Balance Sheets Overview

Current Ratio
504.15%
Quick Ratio
504.15%
Cash Ratio
400.61%
Debt to Asset Ratio
19.91%
Unit: Dollar
Assets Breakdown
    • Cash and cash equivalents
    • Other receivables
    • Prepaid expenses and other curre...
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Accounts payable
    • Others
Balance Sheets
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
10,159,494
14,476,162
1,273,083
Accounts receivable
-
1,636,325
6,886,441
Other receivables
2,167,215
-
19,786
Prepaid expenses and other current assets
458,539
1,354,992
190,468
Total current assets
12,785,248
17,467,479
8,369,778
Property and equipment, net
135,016
113,485
115,057
Right-of-use assets - operating leases
283,447
346,764
129,825
Other assets
21,626
-
0
Total assets
13,225,337
17,927,728
8,614,660
Accounts payable
1,693,400
5,453,080
7,405,849
Accrued expenses
653,397
659,841
679,966
Short-term operating lease liabilities
189,205
219,727
132,446
Total current liabilities
2,536,002
6,332,648
8,218,261
Long-term operating lease liabilities
97,457
129,061
0
Total liabilities
2,633,459
6,461,709
8,218,261
Series a convertible authorized 4,030 shares as of september 30, 2025 issued and outstanding 4,030 shares as of september 30, 2025 and june 30, 2025-Series AConvertible Preferred Stocks
-
-
40
Preferred stock value-Series AConvertible Preferred Stock
40
40
-
Preferred stock value-Series DConvertible Preferred Stock
34
34
34
Common stock of 0.01 par value authorized 300,000,000 shares issued and outstanding 1,776,275 shares as of march 31, 2026 and 929,597 shares as of june 30, 2025
17,763
17,572
9,734
Additional paid-in capital
473,667,254
473,108,599
454,782,956
Accumulated deficit
-463,093,213
-461,660,226
-454,396,365
Total stockholders equity (deficiency)
10,591,878
11,466,019
396,399
Total liabilities and stockholders equity (deficiency)
13,225,337
17,927,728
8,614,660
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash and cashequivalents$10,159,494 Other receivables$2,167,215 Prepaid expenses andother current assets$458,539 Total current assets$12,785,248 Right-of-use assets -operating leases$283,447 Property and equipment,net$135,016 Other assets$21,626 Total assets$13,225,337 Total liabilities andstockholders equity...$13,225,337 Total stockholdersequity (deficiency)$10,591,878 Total liabilities$2,633,459 Accumulated deficit-$463,093,213 Additional paid-in capital$473,667,254 Total currentliabilities$2,536,002 Long-term operating leaseliabilities$97,457 Common stock of 0.01 parvalue authorized...$17,763 Preferred stockvalue-Series AConvertible...$40 Preferred stockvalue-Series DConvertible...$34 Accounts payable$1,693,400 Accrued expenses$653,397 Short-term operating leaseliabilities$189,205

PALATIN TECHNOLOGIES INC (PTN)

PALATIN TECHNOLOGIES INC (PTN)