VERU INC.
For the period ended Jun 30, 2026. Filed Aug 10, 2026.
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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, 2026 · Filed Aug 10, 2026
VERU$2.12-3.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Statements of Cash Flows
| Nine Months Ended | ||
|---|---|---|
| June 30, | ||
| 2026 | 2025 | |
| OPERATING ACTIVITIES | ||
| Net loss | $(15,062,061) | $(24,179,786) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 84,581 | 123,532 |
| Noncash change in right-of-use assets | 403,828 | 451,795 |
| Noncash interest expense, net of interest paid | — | (168,556) |
| Gain on extinguishment of debt | — | (8,624,778) |
| (Gain) loss on sale of FC2 business | (351,418) | 4,253,405 |
| Gain on sale of ENTADFI® assets | — | (2,154,134) |
| Share-based compensation | 1,738,286 | 6,567,376 |
| Deferred income taxes | — | (1,915) |
| Change in fair value of derivative liabilities | — | 3,138,316 |
| Change in fair value of equity securities | (4,357,467) | 349,078 |
| Other | — | (14,019) |
| Changes in current assets and liabilities: | ||
| Increase in accounts receivable | — | (657,253) |
| Decrease in inventories | — | 863,928 |
| Decrease (increase) in prepaid expenses and other assets | 28,750 | (248,677) |
| Decrease in accounts payable | (2,276,120) | (1,899,508) |
| Decrease in accrued expenses and other liabilities | (325,962) | (1,862,377) |
| Decrease in operating lease liabilities | (434,072) | (488,179) |
| Net cash used in operating activities | (20,551,655) | (24,551,752) |
| INVESTING ACTIVITIES | ||
| Proceeds from sale of FC2 business, net of costs | 351,418 | 16,320,964 |
| Cash proceeds from sale of ENTADFI® assets | — | 2,154,134 |
| Proceeds from sale of equity securities | 4,971,386 | 393,217 |
| Capital expenditures | — | (1,083) |
| Net cash provided by investing activities | 5,322,804 | 18,867,232 |
| FINANCING ACTIVITIES | ||
| Payment on extinguishment of residual royalty agreement liabilities | — | (4,221,611) |
| Proceeds from sale of securities in public offering, net of commissions and costs | 23,366,345 | — |
| Payment of deferred equity financing issuance costs | (52,914) | — |
| Proceeds from exercise of pre-funded warrants | 1,000 | — |
| Net cash provided by (used in) financing activities | 23,314,431 | (4,221,611) |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 8,085,580 | (9,906,131) |
| CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF PERIOD | 15,794,562 | 24,916,285 |
| CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD | $23,880,142 | $15,010,154 |
| Supplemental disclosure of cash flow information: | ||
| Cash paid for interest | $— | $332,826 |
| Schedule of noncash investing and financing activities: | ||
| Deferred equity financing issuance costs in accounts payable and accrued expenses and other current liabilities | $184,535 | $— |
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