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PROPERTY AND EQUIPMENT, NET
 12 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

(10) PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net, consists of the following:

 

   June 30,   June 30, 
   2026   2025 
Office equipment  $1,229,300   $1,229,300 
Laboratory equipment   1,271,693    1,220,395 
Leasehold improvements   1,196,706    1,196,706 
Property and equipment, gross   3,697,699    3,646,401 
Less: Accumulated depreciation and amortization   (3,579,635)   (3,516,957)
Property and equipment, net  $118,064   $129,444 

 

 

PALATIN TECHNOLOGIES, INC.

 

and Subsidiary

 

Notes to Consolidated Financial Statements