For the quarter ending 2025-12-31, PTNT had $13,203,079 increase in cash & cash equivalents over the period. -$4,819,661 in free cash flow.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Gain on purchase commitment | - | - | 2,117,900 |
| Net income (loss) | - | 4,677,534 | -17,307,349 |
| Net loss | -2,586,327 | - | - |
| Depreciation and amortization | 14,388 | 14,387 | 258,917 |
| Decrease in right-of-use asset | 31,779 | 31,341 | 366,155 |
| Unrealized foreign currency transaction loss | - | 0 | -50 |
| Stock-based compensation | 310,740 | 167,711 | 1,382,281 |
| Change in fair value of liability classified warrants | - | - | 0 |
| Gain on sale of vyleesi | - | - | 3,130,000 |
| Accounts receivable | -5,250,116 | 6,886,441 | 0 |
| Other receivables | -19,786 | -9,682 | 29,468 |
| Prepaid expenses and other assets | 1,164,524 | -192,143 | 83,423 |
| Inventories | - | - | 0 |
| Accounts payable | -1,952,769 | 407,043 | 2,896,877 |
| Accrued expenses | -20,124 | -201,447 | -3,303,634 |
| Operating lease liabilities | -32,376 | -31,335 | -380,543 |
| Other liabilities | - | - | 141,400 |
| Net cash used in operating activities | -4,806,845 | -1,619,382 | -21,306,637 |
| Maturity of marketable securities | - | - | 0 |
| Proceeds from sale of vyleesi | - | - | 3,130,000 |
| Purchases of property and equipment | 12,816 | - | 0 |
| Net cash (used in) provided by investing activities | -12,816 | - | 3,130,000 |
| Payment of withholding taxes related to restricted stock units | 19,444 | 0 | 99,482 |
| Proceeds from the sale of common stock and warrants, net | 16,911,453 | - | 7,960,765 |
| Payment of finance lease obligations | - | 0 | 46,014 |
| Proceeds from exercise of warrants | 1,130,731 | 328,200 | 3,398,237 |
| Net cash provided by financing activities | 18,022,740 | 328,200 | 11,213,506 |
| Net increase (decrease) in cash and cash equivalents | 13,203,079 | -1,291,182 | -6,963,131 |
| Effect of exchange rate changes on cash | - | - | 0 |
| Cash and cash equivalents at beginning of period | 1,273,083 | 2,564,265 | 9,527,396 |
| Cash and cash equivalents at end of period | 14,476,162 | 1,273,083 | 2,564,265 |
PALATIN TECHNOLOGIES INC (PTNT)
PALATIN TECHNOLOGIES INC (PTNT)