For the quarter ending 2025-12-31, PTNT has $17,927,728 in assets. $6,461,709 in debts. $14,476,162 in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Cash and cash equivalents | 14,476,162 | 1,273,083 | 2,564,265 | |
| Accounts receivable | 1,636,325 | 6,886,441 | - | |
| Other receivables | - | 19,786 | 29,468 | |
| Prepaid expenses and other current assets | 1,354,992 | 190,468 | 325,695 | |
| Total current assets | 17,467,479 | 8,369,778 | 2,919,428 | |
| Property and equipment, net | 113,485 | 115,057 | 129,444 | |
| Right-of-use assets - operating leases | 346,764 | 129,825 | 161,166 | |
| Other assets | - | 0 | 56,916 | |
| Total assets | 17,927,728 | 8,614,660 | 3,266,954 | |
| Accounts payable | 5,453,080 | 7,405,849 | 6,998,806 | |
| Accrued expenses | 659,841 | 679,966 | 881,412 | |
| Short-term operating lease liabilities | 219,727 | 132,446 | 129,812 | |
| Short-term finance lease liabilities | - | - | 0 | |
| Other current liabilities | - | - | 0 | |
| Total current liabilities | 6,332,648 | 8,218,261 | 8,010,030 | |
| Long-term operating lease liabilities | 129,061 | 0 | 33,969 | |
| Other long-term liabilities | - | - | 0 | |
| Total liabilities | 6,461,709 | 8,218,261 | 8,043,999 | |
| 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 | 40 | |
| Preferred stock value-Series AConvertible Preferred Stock | 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 1,757,199 shares as of december 31, 2025 and 929,597 shares as of june 30, 2025 | 17,572 | 9,734 | 9,296 | |
| Additional paid-in capital | 473,108,599 | 454,782,956 | 454,287,484 | |
| Accumulated deficit | -461,660,226 | -454,396,365 | -459,073,899 | |
| Total stockholders equity (deficiency) | 11,466,019 | 396,399 | -4,777,045 | |
| Total liabilities and stockholders equity (deficiency) | 17,927,728 | 8,614,660 | 3,266,954 | |
PALATIN TECHNOLOGIES INC (PTNT)
PALATIN TECHNOLOGIES INC (PTNT)