VERU INC. (VERU)
2025-06-30 | 2024-06-30 | |||
---|---|---|---|---|
Net revenues | - | 3,953,870 | ||
Cost of sales | - | 2,615,855 | ||
Us-gaap_grossprofit | - | 1,338,015 | ||
Selling, general and administrative | 5,010,528 | 7,507,609 | ||
Research and development | 3,020,563 | 4,879,024 | ||
Total operating expenses | 8,031,091 | 12,386,633 | ||
Gain on sale of entadfi assets | 484,615 | 110,000 | ||
Operating loss from continuing operations | -7,546,476 | -10,938,618 | ||
Change in fair value of derivative liabilities | - | 83,000 | ||
Us-gaap_interestexpensenonoperating | - | 127,336 | ||
Other income, net | 223,375 | 294,122 | ||
Gain on extinguishment of debt | - | - | ||
Change in fair value of equity securities | - | -117,620 | ||
Total non-operating income | 223,375 | 132,166 | ||
Net loss from continuing operations | -7,323,101 | - | ||
Net loss from discontinued operations, net of taxes | -9,719 | - | ||
Loss before income taxes | - | -10,806,452 | ||
Income tax expense (benefit) | - | 162,422 | ||
Net income (loss) | -7,332,820 | -10,968,874 | ||
Basic and diluted weighted average common shares outstanding (in shares) | 14,657,777 | 146,383,169 | ||
Us-gaap_earningspersharebasic | -0.5 | -0.07 |