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SEGMENT INFORMATION | 9 Months Ended
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Mar. 31, 2026
Segment Reporting [Abstract] |
SEGMENT INFORMATION |
(12) | SEGMENT INFORMATION
The Company views its operations and manages its business in one operating segment: life science. The table below summarizes the significant expense categories for the life science segment regularly provided to the Company’s Chief Financial Officer/Chief Operating Officer (the “CFO/COO”), its Chief Operating Decision Maker (the “CODM”). PALATIN TECHNOLOGIES, INC. and Subsidiary Notes to Consolidated Financial Statements The accounting policies of the Company’s segment are the same as those described in the summary of significant accounting policies. The CODM assesses performance for its segment based on net loss, which is reported on the consolidated statements of operations. The measure of segment assets is reported on the balance sheet as total assets. The CODM uses cash forecast models in deciding how to invest into the segment. The CODM analyzes the Company’s net loss and monitors budget versus actual results to assess the performance of the Company. SCHEDULE OF SEGMENT BASED ON NET LOSS
|  | 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
|  | Three Months Ended March 31, |  |  | Nine Months Ended March 31, |
|  | 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
Total Revenues |  | $ | 3,920,675 |  |  | $ | - |  |  | $ | 12,884,261 |  |  | $ | - |
Less: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Program spend |  |  | 2,012,143 |  |  |  | 1,853,851 |  |  |  | 5,272,845 |  |  |  | 7,822,953 |
Personnel costs |  |  | 2,599,878 |  |  |  | 2,498,518 |  |  |  | 7,894,707 |  |  |  | 6,936,700 |
Administrative costs (a) |  |  | 889,648 |  |  |  | 876,808 |  |  |  | 3,965,198 |  |  |  | 3,345,532 |
Gain on Sale of Vyleesi |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (2,500,000 | )
Gain on Purchase Commitment |  |  | - |  |  |  | (416,000 | ) |  |  | - |  |  |  | (416,000 | )
Other segment items (b) |  |  | (148,007 | ) |  |  | (1,757 | ) |  |  | (229,175 | ) |  |  | (111,634 | )
Segment net loss |  | $ | (1,432,987 | ) |  | $ | (4,811,420 | ) |  | $ | (4,019,314 | ) |  | $ | (15,077,551 | )
(a) |  | Contains depreciation and amortization. Depreciation was $16,952 and $45,727 for the three and nine months ended March 31, 2026, respectively, compared to $53,304 and $205,924 for the three and nine months ended March 31, 2025, respectively.
(b) |  | Other segment items include investment income, interest expense and foreign currency (gain)loss, which are disclosed in the consolidated financial statements.

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