On this page of Benford's Law Stocks.com we present our study of PALATIN TECHNOLOGIES INC. — ticker symbol PTN. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 2/14/2022 to 2/13/2025 for PALATIN TECHNOLOGIES INC. under CIK number 0000911216. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for PTN, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for PALATIN TECHNOLOGIES INC. based on the past PTN filings our system processed in the past.
29.4
16.8
9.3
18.1
6.4
5.5
3.3
2.2
8.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, PTN stockholder letter ]
Total numbers found: 452
Recent share count: 19,548,167 (1's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
452
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 5 numbers to move any given column by a full percentage point.
40

Starting from a possible score of 100, we made the following score deductions:
 • The 4's percentage was higher than the 3's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 4's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 4's percentage was above the company's typical historical range.
 • We deducted point upon observing the 7's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 8's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 8's percentage was below the company's typical historical range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the typical coverage universe range.
Benford's Law Stocks Indicator
PTN
Low score compared to other filers, falling in the bottom quartile.
LXRX
PTPI
HMMR
GXLM
NKTX
USAU
WSR
BIXT
Check our work! We provide our PALATIN TECHNOLOGIES INC. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the PTN filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 133 numbers that start with the digit 1. Here they are:
10000000
17926640
13059777
14338
10,742,266
1,650,700
100,071
163,782
1,032,300
1,032,300
10,691,127
10,853,763
10,000,000
17,926,640
179,266
111,497
10,742,266
10,568,830
1,681,844
10,376,008
1,173,145
10,376,008
107,620
133,656
143,600
12,000
146,947
1,605
12,487
168,841
109,877
10,266,131
13,050,033
12
14,097,757
13,134,228
19,548,167
195,481
17,926,640
179,266
111,497
1,443,277
14,433
14,433
10,266,131
10,266,131
11,946,646
119,466
159,700
159,700
159,700
14,305,137
143,051
11,384,426
11,656,714
116,567
1,979,871
159,700
159,700
159,700
13,050,033
13,050,033
14,305,137
143,051
11,384,426
10,266,131
13,050,033
152,620
172,060
179,677
174,098
12,000
146,947
10,841
1,047,164
1,154,355
186,580
176,913
1,012,197
11,863,319
16,382,079
12,455,275
103
1,495,670
10,882
10,266,131
159,000,000
13,059,777
171,000,000
159,000,000
124,055
147,249
1,153,170
1,509,797
1,771,694
1,650,700
1,448,300
1,032,300
1,032,300
1,032,300
100
1.33
100
100
10,000,006
1,033,491
1,744,542
16,434
126,800
1,565,406
1.88
1,953,839
1.88
1,443,277
12.50
117,925
1,831,503
1,885,632
1.88
1,953,839
1,624,201
1,953,839
177,673
10.76
1,313,387
171,281
185,019
1,374,980
1,139,313
152,432
184,443
1.00
1.00
We found 76 numbers that start with the digit 2. Here they are:
23455846
263400
2358491
279700
26,005,846
253,113
242,272
235,741
257,673
23,455,846
234,558
2,034,113
2,500,000
2,500,000
2,611,323
2,611,323
29,044
2,442,482
20,634,887
20,239,997
2,442,482
2,442,482
23,455,846
234,558
232,941
2,329
23,455,846
234,558
263,400
2,358,491
23,585
2,366,318
2,389,903
263,400
25,467
255
217,027
2,170
2,358,491
23,585
2,366,318
2,389,903
2,500,000
2,616,304
2,710,051
2,534,346
2,992,890
2,500,000
2,500,000
2,389,903
2,442,482
2,253,890
2,034,113
279,700
2,500,000
23,926
253,113
242,272
284,215
201,883
2,480,600
2.12
217,027
217,027
2.65
205,223
2,263,440
2,249,102
2.82
238,838
264,945
232,941
2,726
279,700
274,549
22,343
We found 42 numbers that start with the digit 3. Here they are:
300000000
3907679
3,416,604
3,669,717
388,361
347,644
380,542
300,000,000
3,429,479
3,032,613
3,702,775
306,697
3,803
348,955
348,955
3,907,679
39,077
3,358,946
3,398,023
3,907,679
39,077
3,358,946
3,398,023
37,615
3,398,023
3,252,527
3,416,604
3,416,604
3,005,361
3,000,000
3,005,361
3,005,361
36,003
324,640
351,485
3,907,679
3,419,219
3,233,277
3,907,679
355,407
342,571
370,038
4's 5's 6's
We found 82 numbers that start with the digit 4. Here they are:
4030
4030
4030
4030
4030
40
4030
40
4030
40
4030
40
4,310,018
4,101,929
4,185,046
46,014
4,030
4,030
40
40
445,416,974
441,475,747
452,032,681
441,766,550
4,310,018
4,140,090
4,935,752
4,030
40
441,709,073
449,590,199
4,030
40
445,416,974
452,032,681
4,030
40
441,475,747
441,766,550
4,030
40
445,416,974
452,032,681
4,030
40
410,796,364
417,236,436
423,100
4,030
40
413,552,953
425,080,470
4,030
40
409,933,959
412,030,437
423,100
4,030
40
413,552,953
425,080,470
46,014
452,032,681
4,309,641
4,288,003
4,735,063
4,140,090
4,500,000
417,500
43,314
4,185,046
4,030
403,000
4,573,948
4,849,915
410,540
4.50
418,945
40,707
4,688,000
4,688,000
4,687,786
We found 29 numbers that start with the digit 5. Here they are:
527,321
56,916
56,916
5,554,200
56
51
54,691
547
549,971
549,971
56,146
56,401
529,199
531,369
569,597
56,401
5,531,266
52,494
5,422,474
5,000,000
500,000
500,000
5.46
547,803
52,336
531,369
5.46
59,842
54,691
We found 25 numbers that start with the digit 6. Here they are:
6595422
6,718,233
6,381,109
6,232,857
62,026
696,912
696,912
6,381,109
695,649
697,978
6,381,109
6,320,566
697,978
6,110,792
6,595,422
65,972
61,484
6.825
6,078,561
66,666
6.88
6.83
6.11
6.12
60,566
7's 8's 9's
We found 15 numbers that start with the digit 7. Here they are:
7,823,482
7,823,482
7,391,591
7,844,034
7,685,605
7,844,034
7,844,034
7,391,591
7,823,482
7,989,582
71,097
75,403
75.45
721,061
721,061
We found 10 numbers that start with the digit 8. Here they are:
860,968
8,073,991
8,114,281
896,812
8,875,153
82,500
85,744
88
88
88,911
We found 40 numbers that start with the digit 9. Here they are:
9109117
9,527,396
9,769,668
932,150
944,150
9,558,756
9,657,681
97,637
97,637
9,173,233
9,075,842
9,743
9,017,179
99
98,935
99,482
98,372
984
939,323
940,307
940,307
9,500,000
99,482
9,527,396
9,485,252
9,743
9,558,756
9,089,113
9,500,000
9,089,113
9,089,113
932,150
944,150
91,575
9,224,056
90,909
91,575
935,714
95,167
99,482
While the above PTN 10Q Filed 2/13/2025 is interesting in isolation, we have found that it is also useful to take a look at older PALATIN TECHNOLOGIES INC. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 2/13/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical PTN 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

29.4
16.8
9.3
18.1
6.4
5.5
3.3
2.2
8.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 40
XBRL?   [ original filing ]
Total numbers found: 452

= Typical PTN range from 2/14/2022 to 2/13/2025
31.2
17.4
8.5
13.6
5.9
4.3
5.9
7.9
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 63
XBRL?   [ original filing ]
Total numbers found: 507

= Typical PTN range from 2/14/2022 to 2/13/2025
29.2
16.9
13.6
11.7
8.8
5.3
3.1
5.1
6.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 486

= Typical PTN range from 2/14/2022 to 2/13/2025
25.1
14.4
10.1
12.5
7.6
8.3
3.7
9.2
9.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 28
XBRL?   [ original filing ]
Total numbers found: 327

= Typical PTN range from 2/14/2022 to 2/13/2025
25.1
17.8
13.1
13.9
6.0
4.7
8.6
6.3
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 63
XBRL?   [ original filing ]
Total numbers found: 382

= Typical PTN range from 2/14/2022 to 2/13/2025
28.9
16.1
7.5
15.5
10.6
4.3
6.2
2.2
8.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 41
XBRL?   [ original filing ]
Total numbers found: 322

= Typical PTN range from 2/14/2022 to 2/13/2025
34.3
15.3
5.6
13.7
9.6
4.0
4.1
6.2
7.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 46
XBRL?   [ original filing ]
Total numbers found: 531

= Typical PTN range from 2/14/2022 to 2/13/2025
30.4
14.7
13.1
14.4
5.4
4.3
6.5
5.0
6.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 66
XBRL?   [ original filing ]
Total numbers found: 464

= Typical PTN range from 2/14/2022 to 2/13/2025
25.3
16.2
16.9
9.3
9.3
7.5
1.8
3.5
10.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 20
XBRL?   [ original filing ]
Total numbers found: 451

= Typical PTN range from 2/14/2022 to 2/13/2025
29.8
18.4
9.3
12.9
8.9
4.8
4.4
4.6
6.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 65
XBRL?   [ original filing ]
Total numbers found: 526

= Typical PTN range from 2/14/2022 to 2/13/2025
26.2
15.7
7.0
15.7
11.6
4.4
4.1
8.4
7.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 47
XBRL?   [ original filing ]
Total numbers found: 344

= Typical PTN range from 2/14/2022 to 2/13/2025
31.0
14.4
11.7
14.2
4.7
5.5
3.6
7.2
7.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 39
XBRL?   [ original filing ]
Total numbers found: 471

= Typical PTN range from 2/14/2022 to 2/13/2025
21.6
22.3
15.3
15.1
6.5
5.8
5.5
3.8
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 72
XBRL?   [ original filing ]
Total numbers found: 417

= Typical PTN range from 2/14/2022 to 2/13/2025
 

Benford's Law PTN Stock (PALATIN TECHNOLOGIES INC.) | www.Benford'sLawStocks.com
Copyright © 2023 - 2025, All Rights Reserved

Nothing in BenfordsLawStocks.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy.