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Palatin Technologies, Inc. Reports Fourth Quarter and Fiscal Year End 2013 Results
Date:9/30/2013

l lease obligations

$
9,909$
22,277Accounts payable 

338,726294,894Accrued expenses

1,701,7272,706,496Accrued compensation

-433,333Total current liabilities

2,060,3623,457,000Capital lease obligations 

-19,909Deferred rent

35,46072,677Total liabilities

2,095,8223,549,586Stockholders' equity:Preferred stock of $0.01 par value – authorized 10,000,000 shares;Series A Convertible; issued and outstanding 4,697 shares as of June 30, 2013 and 4,997 as of June 30, 2012 

4750Common stock of $0.01 par value – authorized 300,000,000 shares;issued and outstanding 39,116,948 shares as of June 30, 2013 and 34,900,591 as of June 30, 2012, respectively

391,169349,006Additional paid-in capital

282,692,520240,725,127Accumulated deficit 

(260,105,459)(239,243,285)Total stockholders' equity

22,978,2771,830,898Total liabilities and stockholders' equity

$
25,074,099$
5,380,484
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SOURCE Palatin Technologies, Inc.
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