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VERU INC.: 10-Q filed 2024-08-08

What VERU INC. reported in its quarterly report filed 2024-08-08 (fiscal Q3 2024): 48 published measures, 140 facts as tagged in accession 0001437749-24-025338.

This filing

Form
10-Q (quarterly report)
Filed
2024-08-08
Fiscal period
fiscal Q3 2024
Accession
0001437749-24-025338 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.

PeriodValueUnitDays
At 2024-06-3064,631,654USD
At 2023-09-3050,023,091USD
At 2023-06-3060,204,082USD

Total liabilities

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

PeriodValueUnitDays
At 2024-06-3027,011,198USD
At 2023-09-3030,344,930USD
At 2023-06-3039,557,846USD

Stockholders equity

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

PeriodValueUnitDays
At 2024-06-3037,620,456USD
At 2024-03-3145,209,644USD
At 2023-12-3151,602,272USD
At 2023-09-3019,678,161USD
At 2023-06-3020,646,236USD
At 2023-03-3121,811,737USD
At 2022-12-3149,190,761USD
At 2022-09-3082,797,317USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2024-06-3029,150,879USD
At 2023-09-309,625,494USD

Net income or loss

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

PeriodValueUnitDays
2024-04-01 to 2024-06-30-10,968,874USD91
2023-10-01 to 2024-06-30-29,270,803USD274
2024-01-01 to 2024-03-31-10,025,948USD91
2023-10-01 to 2023-12-31-8,275,981USD92
2023-04-01 to 2023-06-30-12,522,646USD91
2022-10-01 to 2023-06-30-85,020,577USD273
2023-01-01 to 2023-03-31-33,788,974USD90
2022-10-01 to 2022-12-31-38,708,957USD92

Operating cash flow

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

PeriodValueUnitDays
2023-10-01 to 2024-06-30-17,316,239USD274
2022-10-01 to 2023-06-30-78,521,354USD273

Capital expenditure payments

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

PeriodValueUnitDays
2023-10-01 to 2024-06-3095,286USD274
2022-10-01 to 2023-06-30452,826USD273

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2024-04-01 to 2024-06-303,953,870USD91
2023-10-01 to 2024-06-3010,229,897USD274
2023-04-01 to 2023-06-303,341,185USD91
2022-10-01 to 2023-06-3012,434,946USD273

Financing cash flow

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

PeriodValueUnitDays
2023-10-01 to 2024-06-3036,826,910USD274
2022-10-01 to 2023-06-308,996,641USD273

Investing cash flow

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

PeriodValueUnitDays
2023-10-01 to 2024-06-3014,714USD274
2022-10-01 to 2023-06-305,547,174USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2024-06-30-286,039,012USD
At 2023-09-30-256,768,209USD
At 2023-06-30-248,636,094USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2024-04-01 to 2024-06-30146,383,169shares91
2023-10-01 to 2024-06-30131,010,713shares274
2023-04-01 to 2023-06-3088,266,152shares91
2022-10-01 to 2023-06-3083,218,748shares273

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2024-04-01 to 2024-06-30-0.07USD/shares91
2023-10-01 to 2024-06-30-0.22USD/shares274
2023-04-01 to 2023-06-30-0.14USD/shares91
2022-10-01 to 2023-06-30-1.02USD/shares273

Income tax expense or benefit

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

PeriodValueUnitDays
2024-04-01 to 2024-06-30162,422USD91
2023-10-01 to 2024-06-30271,985USD274
2023-04-01 to 2023-06-3057,551USD91
2022-10-01 to 2023-06-30-77,286USD273

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.

PeriodValueUnitDays
At 2024-06-301,491,129USD
At 2023-09-301,652,732USD

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.

PeriodValueUnitDays
2023-10-01 to 2024-06-3010,417,526USD274
2022-10-01 to 2023-06-3013,233,699USD273

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.

PeriodValueUnitDays
2024-04-01 to 2024-06-30-10,938,618USD91
2023-10-01 to 2024-06-30-28,710,107USD274
2023-04-01 to 2023-06-30-13,736,311USD91
2022-10-01 to 2023-06-30-85,606,082USD273

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.

PeriodValueUnitDays
At 2024-06-3038,476,141USD
At 2023-09-3022,933,222USD
At 2023-06-3032,667,682USD

Current liabilities

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

PeriodValueUnitDays
At 2024-06-3010,620,035USD
At 2023-09-3017,810,732USD
At 2023-06-3026,435,863USD

Current accounts payable

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

PeriodValueUnitDays
At 2024-06-303,018,334USD
At 2023-09-3012,931,172USD
At 2023-06-3015,944,004USD

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.

PeriodValueUnitDays
At 2024-06-306,878,932USD
At 2023-09-306,878,932USD

Net current accounts receivable

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

PeriodValueUnitDays
At 2024-06-301,642,063USD
At 2023-09-304,506,508USD

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.

PeriodValueUnitDays
2024-04-01 to 2024-06-3012,386,633USD91
2023-10-01 to 2024-06-3032,905,245USD274
2023-04-01 to 2023-06-3019,690,552USD91
2022-10-01 to 2023-06-3096,354,453USD273

Net inventory

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

PeriodValueUnitDays
At 2024-06-304,942,246USD
At 2023-09-306,697,117USD

Gross profit

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

PeriodValueUnitDays
2024-04-01 to 2024-06-301,338,015USD91
2023-10-01 to 2024-06-303,166,766USD274
2023-04-01 to 2023-06-301,230,618USD91
2022-10-01 to 2023-06-306,024,748USD273

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.

PeriodValueUnitDays
2024-04-01 to 2024-06-307,507,609USD91
2023-10-01 to 2024-06-3023,389,380USD274
2023-04-01 to 2023-06-3010,902,916USD91
2022-10-01 to 2023-06-3041,283,275USD273

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.

PeriodValueUnitDays
2024-04-01 to 2024-06-304,879,024USD91
2023-10-01 to 2024-06-309,515,865USD274
2023-04-01 to 2023-06-308,787,636USD91
2022-10-01 to 2023-06-3047,259,464USD273

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.

PeriodValueUnitDays
At 2024-06-30146,383,920shares
At 2023-09-3091,782,698shares

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.

PeriodValueUnitDays
At 2024-06-30330,561,916USD
At 2023-09-30283,894,830USD

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.

PeriodValueUnitDays
At 2024-06-30-581,519USD
At 2023-09-30-581,519USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2024-06-303,756,812USD
At 2023-09-304,332,473USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2024-06-305,445,010USD
At 2023-09-305,440,686USD

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.

PeriodValueUnitDays
At 2024-06-303,953,881USD
At 2023-09-303,787,954USD

Other noncurrent assets

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

PeriodValueUnitDays
At 2024-06-301,320,328USD
At 2023-09-301,518,313USD

Other noncurrent liabilities

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

PeriodValueUnitDays
At 2024-06-304,739,375USD
At 2023-09-3029,948USD

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.

PeriodValueUnitDays
At 2024-06-301,615,254USD
At 2023-09-301,097,851USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2024-06-30333,000USD
At 2023-09-30105,000USD

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2024-04-01 to 2024-06-3065,000USD91
2024-01-01 to 2024-06-30197,000USD182
2023-04-01 to 2023-06-3053,000USD91
2023-01-01 to 2023-06-30146,000USD181

Depreciation, depletion and amortization

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

PeriodValueUnitDays
2023-10-01 to 2024-06-30203,033USD274
2022-10-01 to 2023-06-30199,690USD273

Nonoperating interest expense

Interest expense presented outside operating results. It differs from total interest expense when some borrowing cost is classified as operating or capitalized.

PeriodValueUnitDays
2024-04-01 to 2024-06-30127,336USD91
2023-10-01 to 2024-06-30437,603USD274
2023-04-01 to 2023-06-30648,917USD91
2022-10-01 to 2023-06-302,219,840USD273

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2024-04-01 to 2024-06-30294,122USD91
2023-10-01 to 2024-06-30736,440USD274
2023-04-01 to 2023-06-30131,133USD91
2022-10-01 to 2023-06-30409,059USD273

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.

PeriodValueUnitDays
2024-04-01 to 2024-06-30132,166USD91
2023-10-01 to 2024-06-30-288,711USD274
2023-04-01 to 2023-06-301,271,216USD91
2022-10-01 to 2023-06-30508,219USD273

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.

PeriodValueUnitDays
2023-10-01 to 2024-06-30227,931USD274
2022-10-01 to 2023-06-30-213,172USD273

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2023-10-01 to 2024-06-30506,907USD274
2022-10-01 to 2023-06-30387,748USD273

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

PeriodValueUnitDays
2023-10-01 to 2024-06-30797,000USD274
2022-10-01 to 2023-06-30777,000USD273

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.

PeriodValueUnitDays
2023-10-01 to 2024-06-30-2,864,445USD274
2022-10-01 to 2023-06-304,729,697USD273

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.

PeriodValueUnitDays
2023-10-01 to 2024-06-30-488,704USD274
2022-10-01 to 2023-06-30-845,688USD273

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.

PeriodValueUnitDays
2023-10-01 to 2024-06-30-5,173,463USD274
2022-10-01 to 2023-06-30-6,059,390USD273

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.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000863894.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))