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Balance Sheets Overview

Current Ratio
275.83%
Quick Ratio
275.83%
Cash Ratio
228.60%
Debt to Asset Ratio
36.04%
Unit: Dollar
Assets Breakdown
    • Cash and cash equivalents
    • Accounts receivable
    • Prepaid expenses and other curre...
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Accounts payable
    • Others
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
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash and cashequivalents$14,476,162 Accounts receivable$1,636,325 Prepaid expenses andother current assets$1,354,992 Total current assets$17,467,479 Right-of-use assets -operating leases$346,764 Property and equipment,net$113,485 Total assets$17,927,728 Total liabilities andstockholders equity...$17,927,728 Total stockholdersequity (deficiency)$11,466,019 Total liabilities$6,461,709 Accumulated deficit-$461,660,226 Additional paid-in capital$473,108,599 Total currentliabilities$6,332,648 Long-term operating leaseliabilities$129,061 Common stock of 0.01 parvalue authorized...$17,572 Preferred stockvalue-Series AConvertible...$40 Preferred stockvalue-Series DConvertible...$34 Accounts payable$5,453,080 Accrued expenses$659,841 Short-term operating leaseliabilities$219,727

PALATIN TECHNOLOGIES INC (PTNT)

PALATIN TECHNOLOGIES INC (PTNT)