Palatin Technologies Inc: Annual report
Palatin Technologies generated collaboration revenue and lowered operating cash burn in fiscal 2026, but warned of substantial doubt regarding its ability to continue as a going concern.
Mixed for the companyWhat the numbers say
Revenue was $13.2M; operating margin was -65.7%; diluted EPS -$2.96 versus -$32.15; operating cash flow -$13.5M (a year earlier -$21.3M); free cash flow -$13.6M (a year earlier -$21.3M); cash rose by $4.9M to $7.5M; diluted share count up 425% (dilution).
What happened
- Recognized $13,185,031 in collaboration and license revenue in fiscal 2026, compared to no revenue in fiscal 2025.
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