For the quarter ending 2025-12-31, VERU had $17,196,855 increase in cash & cash equivalents over the period. -$6,169,490 in free cash flow.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net income | -5,332,579 | 1,453,507 | -24,179,786 |
| Depreciation and amortization | 28,193 | 28,573 | 123,532 |
| Noncash change in right-of-use assets | 132,094 | 129,658 | 451,795 |
| Noncash interest expense, net of interest paid | 0 | 0 | -168,556 |
| Gain on extinguishment of debt | 0 | 8,624,778 | 8,624,778 |
| Loss on sale of fc2 business | 0 | 149,588 | -4,253,405 |
| Gain on sale of entadfi assets | 0 | 10,780,290 | 2,154,134 |
| Share-based compensation | 757,605 | 1,534,801 | 6,567,376 |
| Deferred income taxes | 0 | -1 | -1,915 |
| Provision for obsolete inventory | - | -72,831 | 0 |
| Change in fair value of derivative liabilities | 0 | 0 | -3,138,316 |
| Change in fair value of equity securities | -120,078 | -323,773 | -349,078 |
| Loss on disposal of fixed assets | - | 0 | - |
| Other | 0 | 72,831 | -14,019 |
| Increase in accounts receivable | 0 | 0 | 657,253 |
| Decrease in inventories | 0 | 0 | -863,928 |
| Increase in prepaid expenses and other assets | 814,821 | -646,250 | 248,677 |
| Decrease in accounts payable | -1,862,659 | -860,779 | -1,899,508 |
| Increase (decrease) in accrued expenses and other liabilities | 942,206 | 514,877 | -1,862,377 |
| Decrease in operating lease liabilities | -139,607 | -137,173 | -488,179 |
| Net cash used in operating activities | -6,169,490 | -5,491,336 | -24,551,752 |
| Proceeds from sale of fc2 business, net of costs | 0 | 149,588 | 16,320,964 |
| Cash proceeds from sale of entadfi assets | 0 | 6,126,156 | 2,154,134 |
| Proceeds from sale of equity securities | 0 | 0 | 393,217 |
| Capital expenditures | 0 | 0 | 1,083 |
| Net cash provided by investing activities | 0 | 6,275,744 | 18,867,232 |
| Proceeds from sale of shares-Common Stock Purchase Agreement | - | 0 | - |
| Installment payments on premium finance agreement | - | 0 | 0 |
| Proceeds from sale of shares-Lincoln Park Purchase Agreement | - | - | 0 |
| Proceeds from stock option exercises | - | 0 | 0 |
| Proceeds from sale of shares-Jefferies Sales Agreement | - | 0 | 0 |
| Payment on extinguishment of residual royalty agreement liabilities | 0 | 0 | 4,221,611 |
| Proceeds from sale of shares-Public Offering | 23,366,345 | 0 | 0 |
| Net cash provided by (used in) financing activities | 23,366,345 | 0 | -4,221,611 |
| Net increase in cash, cash equivalents, and restricted cash | 17,196,855 | 784,408 | -9,906,131 |
| Cash and cash equivalents at beginning of period | 15,794,562 | 24,916,285 | - |
| Cash and cash equivalents at end of period | 32,991,417 | 15,794,562 | - |
VERU INC. (VERU)
VERU INC. (VERU)