For the quarter ending 2026-03-31, VERU had -$5,394,597 decrease in cash & cash equivalents over the period. -$8,914,925 in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | -2,741,132 | -5,332,579 | 1,453,507 | -24,179,786 |
| Depreciation and amortization | 28,194 | 28,193 | 28,573 | 123,532 |
| Noncash change in right-of-use assets | 134,572 | 132,094 | 129,658 | 451,795 |
| Noncash interest expense, net of interest paid | 0 | 0 | 0 | -168,556 |
| Gain on extinguishment of debt | 0 | 0 | 0 | 8,624,778 |
| (gain) loss on sale of fc2 business | 351,418 | 0 | 149,588 | -4,253,405 |
| Change in fair value of equity securities | - | -120,078 | 25,305 | -349,078 |
| Gain on sale of entadfi assets | 0 | 0 | 8,626,156 | 2,154,134 |
| Share-based compensation | 402,712 | 757,605 | 1,534,801 | 6,567,376 |
| Deferred income taxes | 0 | 0 | -1 | -1,915 |
| Provision for obsolete inventory | - | - | -72,831 | 0 |
| Change in fair value of derivative liabilities | 0 | 0 | 0 | -3,138,316 |
| Loss on disposal of fixed assets | - | - | 0 | - |
| Change in fair value of equity securities | 3,811,338 | - | - | - |
| Other | 0 | 0 | 72,831 | -14,019 |
| Increase in accounts receivable | 0 | 0 | 0 | 657,253 |
| Decrease in inventories | 0 | 0 | 0 | -863,928 |
| Increase in prepaid expenses and other assets | 310,553 | 814,821 | -646,250 | 248,677 |
| Decrease in accounts payable | 298,223 | -1,862,659 | -860,779 | -1,899,508 |
| Decrease in accrued expenses and other liabilities | -2,300,096 | 942,206 | 514,877 | -1,862,377 |
| Decrease in operating lease liabilities | -144,011 | -139,607 | -137,173 | -488,179 |
| Net cash used in operating activities | -8,914,925 | -6,169,490 | -5,491,336 | -24,551,752 |
| Proceeds from sale of fc2 business, net of costs | 351,418 | 0 | 149,588 | 16,320,964 |
| Cash proceeds from sale of entadfi assets | 0 | 0 | 6,126,156 | 2,154,134 |
| Proceeds from sale of equity securities | 3,168,910 | 0 | 0 | 393,217 |
| Capital expenditures | 0 | 0 | 0 | 1,083 |
| Net cash provided by investing activities | 3,520,328 | 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 | 0 | 4,221,611 |
| Proceeds from sale of shares | 0 | 23,366,345 | 0 | 0 |
| Net cash provided by (used in) financing activities | 0 | 23,366,345 | 0 | -4,221,611 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | -5,394,597 | 17,196,855 | 784,408 | -9,906,131 |
| Cash, cash equivalents, and restricted cash at beginning of period | 32,991,417 | 15,794,562 | 24,916,285 | - |
| Cash, cash equivalents, and restricted cash at end of period | 27,596,820 | 32,991,417 | 15,794,562 | - |
VERU INC. (VERU)
VERU INC. (VERU)