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veru: the income statement
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Net loss
-$22,726,279
(39.88%↑ Y/Y)
Other income, net
$768,380
(-10.82%↓ Y/Y)
Gain on
extinguishment of debt
$8,624,778
Net loss from
discontinued operations, net...
-$7,045,022
Net loss from
continuing operations
-$15,681,257
Total non-operating
income
$9,069,385
(5735.68%↑ Y/Y)
Change in fair value of
equity securities
-$323,773
(-83.88%↓ Y/Y)
Income tax expense
$78,553
(-89.17%↓ Y/Y)
Loss before income
taxes
-$6,966,469
(81.21%↑ Y/Y)
Operating loss
-$24,750,642
(32.95%↑ Y/Y)
Gain on sale of
entadfi assets
$10,780,290
(781.53%↑ Y/Y)
Net revenues
$4,484,591
(-73.44%↓ Y/Y)
Total non-operating
expenses
$3,334,546
Operating loss
-$3,631,923
Total operating
expenses
$35,530,932
(-19.23%↓ Y/Y)
Gross profit
$1,584,077
Cost of sales
$2,900,514
(-73.71%↓ Y/Y)
Other expense, net
$31,960
Change in fair value of
derivative liabilities
$3,138,316
(1413.10%↑ Y/Y)
Interest expense
$164,270
Loss on sale of fc2
business
-$4,103,817
General and
administrative
$19,942,747
Research and development
$15,588,185
(21.70%↑ Y/Y)
Operating expenses
$1,112,183
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Income Statement
source: myfinsight.com
VERU INC. (VERU)
VERU INC. (VERU)