VERU INC.
For the period ended Jun 30, 2025. Filed Aug 12, 2025.
View on SEC.govAbout this filing
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, 2025 · Filed Aug 12, 2025
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 Operations
| Three Months Ended · Nine Months Ended | ||||
|---|---|---|---|---|
| June 30, | June 30, | |||
| 2025 | 2024 | 2025 | 2024 | |
| Operating expenses: | ||||
| Research and development | $3,020,563 | $4,846,156 | $12,669,495 | $9,489,848 |
| Selling, general and administrative | 5,010,528 | 5,809,325 | 15,402,074 | 18,364,622 |
| Total operating expenses | 8,031,091 | 10,655,481 | 28,071,569 | 27,854,470 |
| Gain on sale of ENTADFI® assets | 484,615 | 110,000 | 2,154,134 | 1,028,372 |
| Operating loss from continuing operations | (7,546,476) | (10,545,481) | (25,917,435) | (26,826,098) |
| Non-operating income (expenses): | ||||
| Gain on extinguishment of debt | — | — | 8,624,778 | — |
| Change in fair value of equity securities | — | (117,620) | (349,078) | (689,548) |
| Other income, net | 223,375 | 323,045 | 656,338 | 805,109 |
| Total non-operating income | 223,375 | 205,425 | 8,932,038 | 115,561 |
| Net loss from continuing operations | (7,323,101) | (10,340,056) | (16,985,397) | (26,710,537) |
| Net loss from discontinued operations, net of taxes | (9,719) | (628,818) | (7,194,389) | (2,560,266) |
| Net loss | $(7,332,820) | $(10,968,874) | $(24,179,786) | $(29,270,803) |
| Net loss from continuing operations per basic and diluted common shares outstanding | $(0.50) | $(0.71) | $(1.16) | $(2.04) |
| Net loss from discontinued operations per basic and diluted common shares outstanding | $(0.00) | $(0.04) | $(0.49) | $(0.20) |
| Net loss per basic and diluted common shares outstanding | $(0.50) | $(0.75) | $(1.65) | $(2.23) |
| Basic and diluted weighted average common shares outstanding | 14,657,777 | 14,638,317 | 14,644,927 | 13,101,071 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.