| Cash Flow | 2025-09-30 |
|---|---|
| Net income | -22,726,279 |
| Depreciation and amortization | 152,105 |
| Gain on sale of entadfi assets | 10,780,290 |
| Loss on sale of fc2 business | -4,103,817 |
| Noncash change in right-of-use assets | 581,453 |
| Noncash interest expense, net of interest paid | -168,556 |
| Gain on extinguishment of debt | 8,624,778 |
| Share-based compensation | 8,102,177 |
| Deferred income taxes | -1,916 |
| Provision for obsolete inventory | -72,831 |
| Change in fair value of derivative liabilities | -3,138,316 |
| Change in fair value of equity securities | -323,773 |
| Loss on disposal of fixed assets | 0 |
| Other | 58,812 |
| (increase) decrease in accounts receivable | 657,253 |
| Decrease in inventories | -863,928 |
| Decrease in prepaid expenses and other assets | -397,573 |
| Decrease in accounts payable | -2,760,287 |
| (decrease) increase in accrued expenses and other current liabilities | -1,347,500 |
| Decrease in operating lease liabilities | -625,352 |
| Net cash used in operating activities | -30,043,088 |
| Proceeds from sale of fc2 business, net of costs | 16,470,552 |
| Cash proceeds from sale of entadfi assets | 8,280,290 |
| Proceeds from sale of equity securities | 393,217 |
| Capital expenditures | 1,083 |
| Net cash provided by investing activities | 25,142,976 |
| Payment on extinguishment of residual royalty agreement liabilities | 4,221,611 |
| Proceeds from sale of shares-Public Offering | 0 |
| Proceeds from stock option exercises | 0 |
| Proceeds from sale of shares-Jefferies Sales Agreement | 0 |
| Proceeds from sale of shares-Common Stock Purchase Agreement | 0 |
| Installment payments on premium finance agreement | 0 |
| Net cash (used in) provided by financing activities | -4,221,611 |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | -9,121,723 |
| Cash and cash equivalents at beginning of period | 24,916,285 |
| Cash and cash equivalents at end of period | 15,794,562 |
VERU INC. (VERU)
VERU INC. (VERU)