VERU INC.: 10-K filed 2018-12-13

Name: VERU INC.: 10-K filed 2018-12-13
Creator: VERU INC.

What VERU INC. reported in its annual report filed 2018-12-13 (fiscal FY 2018): 46 published measures, 90 facts as tagged in accession 0000863894-18-000011.

This filing

Form: 10-K (annual report)
Filed: 2018-12-13
Fiscal period: fiscal FY 2018
Accession: 0000863894-18-000011 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All VERU INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2018-09-30	48,452,639	USD
At 2017-09-30	55,336,366	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2018-09-30	18,971,221	USD
At 2017-09-30	6,883,161	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2018-09-30	29,481,418	USD
At 2017-09-30	48,453,205	USD
At 2016-09-30	33,933,411	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	-23,938,389	USD	365
2016-10-01 to 2017-09-30	-6,612,047	USD	365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	-11,546,191	USD	365
2016-10-01 to 2017-09-30	982,888	USD	365

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	50,654	USD	365
2016-10-01 to 2017-09-30	133,486	USD	365

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	15,864,483	USD	365
2016-10-01 to 2017-09-30	13,655,592	USD	365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	12,078,752	USD	365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	-50,654	USD	365
2016-10-01 to 2017-09-30	-90,368	USD	365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2018-09-30	-58,201,651	USD
At 2017-09-30	-34,263,262	USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	866,102	USD	365
2016-10-01 to 2017-09-30	-1,990,443	USD	365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2018-09-30	404,552	USD
At 2017-09-30	555,539	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	1,638,505	USD	365
2016-10-01 to 2017-09-30	756,275	USD	365

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	-20,872,407	USD	365
2016-10-01 to 2017-09-30	-8,494,112	USD	365

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2018-09-30	11,182,516	USD
At 2017-09-30	10,297,973	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	2,950,501	USD	365

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2018-09-30	13,552,927	USD
At 2017-09-30	5,487,581	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2018-09-30	3,226,036	USD
At 2017-09-30	2,685,718	USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

Period	Value	Unit	Days
At 2018-09-30	6,878,932	USD
At 2017-09-30	6,878,932	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2018-09-30	2,477,729	USD
At 2017-09-30	2,752,991	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2018-09-30	3,972,632	USD
At 2017-09-30	3,418,738	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	29,654,909	USD	365
2016-10-01 to 2017-09-30	15,513,624	USD	365

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2018-09-30	2,302,030	USD
At 2017-09-30	2,767,924	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	8,782,502	USD	365
2016-10-01 to 2017-09-30	7,019,512	USD	365

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	14,817,433	USD	365
2016-10-01 to 2017-09-30	11,501,453	USD	365

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	10,850,958	USD	365
2016-10-01 to 2017-09-30	3,076,390	USD	365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2018-09-30	55,284,956	shares
At 2017-09-30	53,208,489	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2018-09-30	95,496,506	USD
At 2017-09-30	90,550,669	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2018-09-30	-581,519	USD
At 2017-09-30	-581,519	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2018-09-30	3,901,418	USD
At 2017-09-30	3,800,043	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2018-09-30	20,477,729	USD
At 2017-09-30	20,752,991	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2018-09-30	965,152	USD
At 2017-09-30	186,431	USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2018-09-30	30,000	USD
At 2017-09-30	1,263,750	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2018-09-30	1,148,345	USD
At 2017-09-30	833,709	USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

Period	Value	Unit	Days
At 2018-09-30	13,025,342	USD
At 2017-09-30	16,927,000	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	-23,072,287	USD	365
2016-10-01 to 2017-09-30	-8,602,490	USD	365

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	-23,938,389	USD	365
2016-10-01 to 2017-09-30	-8,602,818	USD	365

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	176,786	USD	365
2016-10-01 to 2017-09-30	333,999	USD	365

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	275,262	USD	365
2016-10-01 to 2017-09-30	147,009	USD	365

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	-2,199,880	USD	365
2016-10-01 to 2017-09-30	-108,378	USD	365

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	235,952	USD	365
2016-10-01 to 2017-09-30	264,626	USD	365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	630,150	USD	365
2016-10-01 to 2017-09-30	-2,255,069	USD	365

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	3,000,000	USD	365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	-1,874,555	USD	365
2016-10-01 to 2017-09-30	-7,277,349	USD	365

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	-375,038	USD	365
2016-10-01 to 2017-09-30	479,418	USD	365

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2017-10-01 to 2018-09-30	495,971	USD	365
2016-10-01 to 2017-09-30	897,471	USD	365

Inspect the source

Entity: VERU INC. / CIK 0000863894
Captured: 2026-09-20T04:59:54.691Z
SEC response SHA-256: 23d114489639fedb34a1b529aaa73ec92ee80ac25fefa38a88302937dcad1d3e

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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import json
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with urlopen("https://canlicapital.com/company-data/0000863894.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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