VERU INC
For the period ended Jun 30, 2024. Filed Aug 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 8, 2024
VERU$2.12-3.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unaudited Condensed Consolidated Statements of Stockholders’ Equity
| Accumulated | |||||||
|---|---|---|---|---|---|---|---|
| Additional · Other · Treasury | |||||||
| Common Stock · Paid-in · Comprehensive · Accumulated · Stock, | |||||||
| Shares | Amount | Capital | Loss | Deficit | at Cost | Total | |
| Balance at September 30, 2023 (Restated) | 93,966,402 | $939,664 | $283,894,830 | $(581,519) | $(256,768,209) | $(7,806,605) | $19,678,161 |
| Share-based compensation | — | — | 3,406,949 | — | — | — | 3,406,949 |
| Issuance of shares pursuant to Jefferies Sales Agreement, net of commissions and costs | 90,156 | 902 | 65,649 | — | — | — | 66,551 |
| Shares issued in connection with common stock purchase agreement | 1,800,000 | 18,000 | 1,643,490 | — | — | — | 1,661,490 |
| Amortization of deferred costs | — | — | (164,313) | — | — | — | (164,313) |
| Shares issued in connection with public offering of common stock, net of fees and costs | 52,708,332 | 527,083 | 34,702,332 | — | — | — | 35,229,415 |
| Net loss | — | — | — | — | (8,275,981) | — | (8,275,981) |
| Balance at December 31, 2023 | 148,564,890 | 1,485,649 | 323,548,937 | (581,519) | (265,044,190) | (7,806,605) | 51,602,272 |
| Share-based compensation | — | — | 3,634,171 | — | — | — | 3,634,171 |
| Costs of shares issued in connection with public offering of common stock | — | — | (851) | — | — | — | (851) |
| Net loss | — | — | — | — | (10,025,948) | — | (10,025,948) |
| Balance at March 31, 2024 | 148,564,890 | 1,485,649 | 327,182,257 | (581,519) | (275,070,138) | (7,806,605) | 45,209,644 |
| Share-based compensation | — | — | 3,376,406 | — | — | — | 3,376,406 |
| Issuance of shares pursuant to share-based awards | 2,734 | 27 | 3,253 | — | — | — | 3,280 |
| Net loss | — | — | — | — | (10,968,874) | — | (10,968,874) |
| Balance at June 30, 2024 | 148,567,624 | $1,485,676 | $330,561,916 | $(581,519) | $(286,039,012) | $(7,806,605) | $37,620,456 |
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (CONTINUED)
| Accumulated | |||||||
|---|---|---|---|---|---|---|---|
| Additional · Other · Treasury | |||||||
| Common Stock · Paid-in · Comprehensive · Accumulated · Stock, | |||||||
| Shares | Amount | Capital | Loss | Deficit | at Cost | Total | |
| Balance at September 30, 2022 (Restated) | 82,692,598 | $826,926 | $253,974,032 | $(581,519) | $(163,615,517) | $(7,806,605) | $82,797,317 |
| Share-based compensation | — | — | 4,845,269 | — | — | — | 4,845,269 |
| Issuance of shares pursuant to share-based awards | 114,234 | 1,142 | 255,990 | — | — | — | 257,132 |
| Net loss (Restated) | — | — | — | — | (38,708,957) | — | (38,708,957) |
| Balance at December 31, 2022 (Restated) | 82,806,832 | 828,068 | 259,075,291 | (581,519) | (202,324,474) | (7,806,605) | 49,190,761 |
| Share-based compensation | — | — | 3,837,598 | — | — | — | 3,837,598 |
| Issuance of shares pursuant to share-based awards | 33,891 | 339 | 79,139 | — | — | — | 79,478 |
| Sale of shares under common stock purchase agreement | 1,920,013 | 19,200 | 2,552,351 | — | — | — | 2,571,551 |
| Amortization of deferred costs | — | — | (78,677) | — | — | — | (78,677) |
| Net loss (Restated) | — | — | — | — | (33,788,974) | — | (33,788,974) |
| Balance at March 31, 2023 (Restated) | 84,760,736 | 847,607 | 265,465,702 | (581,519) | (236,113,448) | (7,806,605) | 21,811,737 |
| Share-based compensation | — | — | 4,550,832 | — | — | — | 4,550,832 |
| Sale of shares under common stock purchase agreement | 859,700 | 8,597 | 846,843 | — | — | — | 855,440 |
| Amortization of deferred costs | — | — | (26,172) | — | — | — | (26,172) |
| Issuance of shares in a Private Investment in Public Equity, net of costs | 5,000,000 | 50,000 | 4,919,045 | — | — | — | 4,969,045 |
| Shares issued in connection with common stock purchase agreement | 800,000 | 8,000 | 1,000,000 | — | — | — | 1,008,000 |
| Net loss (Restated) | — | — | — | — | (12,522,646) | — | (12,522,646) |
| Balance at June 30, 2023 (Restated) | 91,420,436 | $914,204 | $276,756,250 | $(581,519) | $(248,636,094) | $(7,806,605) | $20,646,236 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.