Microcap Ledger

Tickers · $PTN

Palatin Technologies Inc $PTN

By Microcap Ledger desk · CIK 0000911216

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Capital Market
Sector
Pharmaceutical Preparations
Headquarters
Cranbury, NJ
Fiscal year end
June 30
Shares outstanding
1,780,939 [10-K 2026-09-28]
as of 2026-09-25

Sources: [10-K 2026-09-28]

What the company doesAI summary of filing

Palatin Technologies is a clinical-stage biopharmaceutical company developing medicines that modulate the melanocortin receptor system. The company's primary focus is developing MC4R selective agonists for obesity treatment, particularly in rare neuroendocrine diseases such as hypothalamic obesity, Prader-Willi syndrome, and Bardet-Biedl syndrome, with a long-acting peptide candidate planned for Phase 1 in the first half of 2027 and an oral small molecule candidate planned for Phase 1 in the second half of 2027. Palatin is also developing MC1R agonist products for inflammatory and autoimmune diseases, including the oral formulation PL8177 for ulcerative colitis, which reported positive Phase 2 results in early 2025. The company generates revenue through upfront payments, milestone payments, and royalties from licensing collaborations, including recent agreements with Boehringer Ingelheim for retinal disease compounds and Altanispac Labs for the dry eye disease candidate PL9643; the company has a history of operating losses and substantial doubt regarding its ability to continue as a going concern. [10-K 2026-09-28]

Segments: MC4R agonists for obesity and rare metabolic disorders, MC1R agonists for inflammatory and autoimmune diseases, PL9643 for dry eye disease (sublicensed to Altanispac), Retinal disease compounds (licensed to Boehringer Ingelheim)

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
FY ended Jun 2026$8.83M−$8.38M −$13.53M$7.49M[10-K 2026-09-28]
FY ended Jun 2025$0.00−$17.31M −$21.31M$2.56M[10-K 2025-09-23]
Quarterly cash burn
−$3.38M
Cash runway Estimate
~6.6 months

Estimate: cash at the end of the period (FY ended Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-11-1319,548,167[10-Q 2024-11-14]
2025-02-1226,005,846[10-Q 2025-02-13]
2025-05-1446,479,861[10-Q 2025-05-14]
2025-09-19973,291[10-K 2025-09-23]
2025-11-121,702,675[10-Q 2025-11-14]
2026-02-131,772,199[10-Q 2026-02-17]
2026-05-121,779,275[10-Q 2026-05-13]
2026-09-251,780,939[10-K 2026-09-28]
Shelf registration
S-1 filed 2025-10-01; no effectiveness notice found in EDGAR [S-1 2025-10-01]

Listing status

Current status: 4 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2026-05-18. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.

DateEventDetailsDeadlineFiling
2026-05-188-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2026-05-18]
2025-07-098-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-07-09]
2025-05-088-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-05-08]
2025-04-108-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-04-10]

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-07-15Spana Carlother33$11.77[4 2026-07-17]
2026-07-15Spana Carlother119$11.72[4 2026-07-17]
2026-07-15Spana Carlother142$14.34[4 2026-07-17]
2026-07-15Wills Stephen Tother22$11.77[4 2026-07-17]
2026-07-15Wills Stephen Tother79$11.72[4 2026-07-17]
2026-07-15Wills Stephen Tother94$14.34[4 2026-07-17]
2025-12-30Wills Stephen Tother26$21.38[4 2026-01-02]
2025-12-30Wills Stephen Tother91$21.38[4 2026-01-02]
2025-12-30Wills Stephen Tother95$21.38[4 2026-01-02]
2025-12-30Spana Carlother40$21.38[4 2026-01-02]
2025-12-30Spana Carlother138$21.38[4 2026-01-02]
2025-12-30Spana Carlother143$21.38[4 2026-01-02]

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.