PALATIN TECHNOLOGIES, INC. financials
Source: EDGAR filings · Built 2026-10-01T00:23:23Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -13.58M | -21.35M | -31.61M | -29.81M | -30.24M | -99.36K |
| EBITDA | -8.61M | -17.20M | -22.16M | -32.17M | -36.46M | -33.33M |
| Working Capital | 6.39M | -5.09M | 111.99K | 1.19M | 18.34M | 55.40M |
| Net Debt | -7.27M | -2.40M | -8.94M | -9.93M | -29.43M | -58.85M |
| Gross Margin | — | — | 97.83% | 91.38% | 85.19% | 178.39% |
| Operating Margin | -65.74% | — | -501.02% | -668.75% | -2491.63% | 17701.29% |
| Net Margin | -63.54% | — | -662.26% | -495.23% | -2465.06% | 17813.91% |
| Return on Equity (ROE) | -125.30% | 362.30% | 26669.88% | 1214.06% | -222.51% | -67.66% |
| Return on Assets (ROA) | -98.29% | -529.77% | -276.81% | -133.99% | -100.35% | -49.92% |
| Current Ratio | 4.61× | 0.36× | 1.01× | 1.08× | 2.13× | 6.27× |
| Debt-to-Equity | 0.03× | -0.03× | -5.29× | -0.53× | 0.03× | 0.03× |
| Effective Tax Rate | — | — | — | 14.51% | 0.00% | — |
| Cash Conversion Ratio | 1.62× | 1.23× | 1.06× | 1.22× | 0.83× | 0.00× |
| Accruals Ratio | 0.60× | 1.22× | 0.16× | 0.29× | -0.17× | -0.50× |
| SBC % of Revenue | 10.08% | — | 41.71% | 34.50% | 170.62% | -1680.12% |
| CapEx Coverage | -263.81× | -463.05× | -211.27× | -54.73× | -94.14× | -16.36× |
| Free Cash Flow Per Share | $-4.80 | $-39.66 | $-107.54 | $-2.74 | — | $-0.00 |
Income Statement
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 13.19M | — | — | — | — | — |
| Revenues | 7.50M | 0 | 4.49M | 4.85M | 1.47M | -188.60K |
| Cost of Revenue | — | — | 97.64K | 418.47K | 217.53K | 147.84K |
| Research and Development Expense | 12.37M | 14.90M | 22.40M | 22.63M | 21.33M | 12.93M |
| Selling, General and Administrative Expense | — | 7.81M | 12.27M | 15.29M | 16.51M | — |
| Operating Expenses | 21.85M | 17.46M | 26.99M | 37.31M | 38.06M | 33.20M |
| Operating Income (Loss) | -8.67M | -17.46M | -22.50M | -32.46M | -36.59M | -33.38M |
| Income Tax Expense (Benefit) | -8.38M | -17.31M | -29.74M | -4.67M | 0 | — |
| Net Income (Loss) Attributable to Parent | -8.38M | -17.31M | -29.74M | -24.04M | -36.20M | -33.60M |
| Earnings Per Share, Basic | $-2.96 | $-32.15 | $-2.02 | $-2.21 | — | — |
| Weighted Average Number of Shares Outstanding, Basic | 2.83M | 538,348 | 14.70M | 10.89M | — | — |
| Earnings Per Share, Diluted | $-2.96 | $-32.15 | $-101.16 | — | — | — |
| Weighted Average Number of Shares Outstanding, Diluted | 2.83M | 538,348 | 293,951 | — | — | — |
Balance Sheet
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 7.49M | 2.56M | 9.53M | 10.98M | 29.94M | 60.10M |
| Assets, Current | 8.16M | 2.92M | 9.77M | 16.32M | 34.60M | 65.91M |
| Assets | 8.52M | 3.27M | 10.74M | 17.94M | 36.07M | 67.30M |
| Liabilities, Current | 1.77M | 8.01M | 9.66M | 15.13M | 16.26M | 10.51M |
| Liabilities | 1.84M | 8.04M | 10.85M | 19.66M | 19.80M | 17.65M |
| Stockholders' Equity Attributable to Parent | 6.69M | -4.78M | -111.50K | -1.98M | 16.27M | 49.65M |
| Common Stock, Shares, Outstanding | 1.78M | 929,597 | 358,532 | 11.66M | 9.27M | 9.20M |
Cash Flow Statement
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -13.53M | -21.31M | -31.46M | -29.27M | -29.92M | -93.64K |
| Payments to Acquire Property, Plant, and Equipment | 51.30K | 0 | 42.53K | 433.93K | 261.37K | 5.72K |
| Net Cash Provided by (Used in) Investing Activities | -51.30K | 3.13M | 12.45M | -3.43M | -261.37K | -5.72K |
| Net Cash Provided by (Used in) Financing Activities | 18.51M | 11.21M | 20.55M | 10.75M | 18.36K | -22.65M |
Derived Metrics
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -2.69M | -10.89M | -6.44M | — | -4.09M | -17.26M |
| EBITDA | -4.40M | — | — | 4.68M | -2.22M | — |
| Working Capital | 6.39M | 10.25M | 11.13M | 151.52K | -5.09M | -6.82M |
| Net Debt | -7.27M | -9.87M | -14.13M | -1.14M | -2.40M | -2.26M |
| Operating Margin | -1469.49% | -40.32% | -6315.75% | 52.79% | — | — |
| Net Margin | -1449.14% | -36.55% | -6260.01% | 52.97% | — | — |
| Return on Equity (ROE) | -65.19% | -13.53% | -63.35% | 1180.01% | 46.68% | 75.33% |
| Return on Assets (ROA) | -51.13% | -10.84% | -40.52% | 54.30% | -68.25% | -129.04% |
| Current Ratio | 4.61× | 5.04× | 2.76× | 1.02× | 0.36× | 0.32× |
| Debt-to-Equity | 0.03× | 0.03× | 0.03× | 0.33× | -0.03× | -0.04× |
| Cash Conversion Ratio | 0.62× | 7.57× | 0.88× | -0.35× | 1.83× | 3.58× |
| Accruals Ratio | -0.20× | 0.71× | -0.05× | 0.73× | 0.57× | 3.33× |
| SBC % of Revenue | 143.19% | 22.91% | 412.33% | 1.90% | — | — |
| CapEx Coverage | — | -211.37× | -501.42× | — | — | -374.18× |
| Free Cash Flow Per Share | $-0.95 | $-2.79 | $-2.54 | — | $-7.60 | $-32.77 |
Income Statement
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 300.77K | 3.92M | 116.04K | — | — | — |
| Revenues | — | — | — | 7.50M | 0 | 0 |
| Research and Development Expense | 2.01M | 3.52M | 4.32M | 2.53M | 1.97M | 3.76M |
| Selling, General and Administrative Expense | — | — | — | 1.66M | 2.63M | 1.47M |
| Operating Expenses | 4.72M | 5.50M | 7.44M | 4.19M | 2.27M | 4.81M |
| Operating Income (Loss) | -4.42M | -1.58M | -7.33M | 4.66M | -2.27M | -4.81M |
| Net Income (Loss) Attributable to Parent | -4.36M | -1.43M | -7.26M | 4.68M | -2.23M | -4.81M |
| Earnings Per Share, Basic | $-1.33 | $-0.37 | $-2.86 | $4.81 | $1.74 | $-9.13 |
| Weighted Average Number of Shares Outstanding, Basic | 2.83M | 3.91M | 2.54M | 971,650 | 538,348 | 526,891 |
| Earnings Per Share, Diluted | $-1.33 | $-0.37 | $-2.86 | $4.26 | $1.74 | $-9.13 |
| Weighted Average Number of Shares Outstanding, Diluted | 2.83M | 3.91M | 2.54M | 1.10M | 538,348 | 526,891 |
Balance Sheet
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 7.49M | 10.16M | 14.48M | 1.27M | 2.56M | 2.52M |
| Assets, Current | 8.16M | 12.79M | 17.47M | 8.37M | 2.92M | 3.23M |
| Assets | 8.52M | 13.23M | 17.93M | 8.61M | 3.27M | 3.73M |
| Liabilities, Current | 1.77M | 2.54M | 6.33M | 8.22M | 8.01M | 10.05M |
| Liabilities | 1.84M | 2.63M | 6.46M | 8.22M | 8.04M | 10.12M |
| Stockholders' Equity Attributable to Parent | 6.69M | 10.59M | 11.47M | 396.40K | -4.78M | -6.39M |
| Common Stock, Shares, Outstanding | 1.78M | 1.78M | 1.76M | 973,291 | 929,597 | 28.56M |
Cash Flow Statement
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -2.69M | -10.84M | -6.43M | -1.62M | -4.09M | -17.22M |
| Payments to Acquire Property, Plant, and Equipment | 0 | 51.30K | 12.82K | — | 0 | 0 |
| Net Cash Provided by (Used in) Investing Activities | 0 | -51.30K | -12.82K | — | 630.00K | 2.50M |
| Net Cash Provided by (Used in) Financing Activities | 22.50K | 18.49M | 18.35M | 328.20K | 3.50M | 7.71M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (PTN CIK 0000911216),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.