| Income Statement | 2025-09-30 | 2024-09-30 | ||
|---|---|---|---|---|
| Net revenues | - | 16,886,419 | ||
| Cost of sales | - | 11,032,442 | ||
| Us-gaap_grossprofit | - | 5,853,977 | ||
| Research and development | 15,588,185 | 12,808,185 | ||
| Selling, general and administrative | - | 31,184,097 | ||
| General and administrative | 19,942,747 | - | ||
| Total operating expenses | 35,530,932 | 43,992,282 | ||
| Gain on sale of entadfi assets | 10,780,290 | 1,222,908 | ||
| Operating loss | -24,750,642 | -36,915,397 | ||
| Change in fair value of derivative liabilities | - | -239,000 | ||
| Gain on extinguishment of debt | 8,624,778 | - | ||
| Change in fair value of equity securities | -323,773 | -176,077 | ||
| Us-gaap_interestexpensenonoperating | - | 607,470 | ||
| Other income, net | 768,380 | 861,619 | ||
| Total non-operating income | 9,069,385 | -160,928 | ||
| Net loss from continuing operations | -15,681,257 | - | ||
| Net revenues | 4,484,591 | - | ||
| Cost of sales | 2,900,514 | - | ||
| Gross profit | 1,584,077 | - | ||
| Operating expenses | 1,112,183 | - | ||
| Loss on sale of fc2 business | -4,103,817 | - | ||
| Operating loss | -3,631,923 | - | ||
| Loss before income taxes | - | -37,076,325 | ||
| Interest expense | 164,270 | - | ||
| Change in fair value of derivative liabilities | 3,138,316 | - | ||
| Other expense, net | 31,960 | - | ||
| Total non-operating expenses | 3,334,546 | - | ||
| Loss before income taxes | -6,966,469 | - | ||
| Income tax expense | 78,553 | 725,101 | ||
| Net loss from discontinued operations, net of taxes | -7,045,022 | - | ||
| Net loss | -22,726,279 | -37,801,426 | ||
| Basic and diluted weighted average common shares outstanding (in shares) | 14,646,294 | 134,875,016 | ||
| Us-gaap_earningspersharebasic | -1.55 | -0.28 | ||
VERU INC. (VERU)
VERU INC. (VERU)