Palatin Technologies Inc
NYSE American:PTN

  • LAST PRICE
    1.1000
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
  • Bid / Lots
    1.0900/ 3
  • Ask / Lots
    1.1100/ 3
  • Open / Previous Close
    1.1900 / 1.1000
  • Day Range
    1.0800
    1.1900
  • 52 Week Range
    0.6800
    5.6500
  • Volume
    87,959

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  • Yesterday

  • Nov 14, 2024

      Show headlines and story abstract

    • 7:30AM ET on Thursday Nov 14, 2024 by PR Newswire
      Companies Mentioned: PTN

      -- Obesity programs:

      -- Core focus on obesity includes exploratory co-administration BMT-801 study and two novel development drug candidates

      -- Phase 2 BMT-801 clinical study with MC4R agonist bremelanotide plusGLP-1/GIP dual agonist tirzepatide

    • 7:30AM ET on Thursday Nov 14, 2024 by Dow Jones
      Companies Mentioned: PTN
      common share $ (0.39) $ (0.43) =================================== =============================== Weighted average number of common shares outstanding used in computing basic and diluted net loss per common share 19,845,106 12,170,699 =================================== =============================== PALATIN TECHNOLOGIES, INC. and Subsidiary Consolidated Balance Sheets (unaudited) September 30, 2024 June 30, 2024 ----------------------------- ----------------- ASSETS Current assets: Cash and cash equivalents $ 2,384,214 $ 9,527,396 Prepaid expenses and other current assets 228,435 242,272 ----------------------------- ----------------- Total current assets 2,612,649 9,769,668 Property and equipment, net 307,571 388,361 Right-of-use assets - operating leases 438,123 527,321 Other assets 56,916 56,916 ----------------------------- ----------------- Total assets $ 3,415,259 $ 10,742,266 ============================= ================= LIABILITIES AND STOCKHOLDERS' (DEFICIENCY) EQUITY Current liabilities: Accounts payable $ 3,949,028 $ 4,101,929 Accrued expenses 4,573,292 4,185,046 Short-term operating lease liabilities 319,520 380,542 Short-term finance lease liabilities 18,527 46,014 Other current liabilities 1,001,350 944,150 ----------------------------- ----------------- Total current liabilities 9,861,717 9,657,681 Long-term operating lease liabilities 132,447 163,782 Other long-term liabilities 1,106,700 1,032,300 Total liabilities 11,100,864 10,853,763 ----------------------------- ----------------- Stockholders' deficiency: Preferred stock of $0.01 par value -- authorized 10,000,000 shares: shares issued and outstanding designated as follows: Series A Convertible: authorized 4,030 shares as of September 30, 2024: issued and outstanding 4,030 shares as of September 30, 2024 and June 30, 2024 40 40 Common stock of $0.01 par value -- authorized 300,000,000 shares: issued and outstanding 19,548,167 shares as of September 30, 2024 and 17,926,640 shares as of June 30, 2024 195,481 179,266 Additional paid-in capital 441,709,073 441,475,747 Accumulated deficit (449,590,199) (441,766,550) ----------------------------- ----------------- Total stockholders' deficiency (7,685,605) (111,497) ----------------------------- ----------------- Total liabilities and stockholders' deficiency $ 3,415,259 $ 10,742,266 ============================= =================

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