| Balance Sheets | 2025-09-30 | |||
|---|---|---|---|---|
| Cash, cash equivalents and restricted cash | 15,794,562 | |||
| Investment in equity securities | 2,525,305 | |||
| Prepaid expenses and other current assets | 595,251 | |||
| Current assets of discontinued operations | 0 | |||
| Total current assets | 18,915,118 | |||
| Plant and equipment | 965,443 | |||
| Less accumulated depreciation and amortization | 600,635 | |||
| Property and equipment, net | 364,808 | |||
| Operating lease right-of-use asset | 2,746,014 | |||
| Goodwill | 6,878,932 | |||
| Other assets | 930,847 | |||
| Long-term assets of discontinued operations | 0 | |||
| Total assets | 29,835,719 | |||
| Accounts payable | 3,121,448 | |||
| Accrued compensation | 3,510,237 | |||
| Accrued expenses and other current liabilities | 394,529 | |||
| Residual royalty agreement, short-term portion (note 8) | 0 | |||
| Operating lease liability, short-term portion | 758,946 | |||
| Current liabilities of discontinued operations | 0 | |||
| Total current liabilities | 7,785,160 | |||
| Residual royalty agreement, long-term portion (note 8) | 0 | |||
| Operating lease liability, long-term portion | 2,358,018 | |||
| Other liabilities | 1,359,871 | |||
| Long-term liabilities of discontinued operations | 0 | |||
| Total liabilities | 11,503,049 | |||
| Preferred stock, no shares issued and outstanding at september 30, 2025 and 2024, respectively | 0 | |||
| Common stock, par value 0.01 per share 308,000,000 shares authorized, 14,868,690 and 14,856,762 shares issued and 14,650,320 and 14,638,392 shares outstanding at september 30, 2025 and 2024, respectively | 148,687 | |||
| Additional paid-in-capital | 343,286,502 | |||
| Accumulated other comprehensive loss | 0 | |||
| Accumulated deficit | -317,295,914 | |||
| Treasury stock, 218,370 shares, at cost | 7,806,605 | |||
| Total stockholders' equity | 18,332,670 | |||
| Total liabilities and stockholders' equity | 29,835,719 | |||
VERU INC. (VERU)
VERU INC. (VERU)