Veru Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Basis of Presentation (Policy)
Notes Tables
Notes Details

Share-based Compensation (Summary of Stock Options Outstanding and Exercisable) (Details)

v3.20.1

Share-based Compensation (Summary of Stock Options Outstanding and Exercisable) (Details) - Stock Option [Member] - USD ($)	6 Months Ended
	Mar. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares Outstanding at Beginning of Period	7,027,989
Number of Shares Granted	2,228,827
Number of Shares Exercised	(436,748)
Number of Shares Forfeited	(176,028)
Number of Shares Outstanding at End of Period	8,644,040
Number of Shares Exercisable at End of Period	3,342,581
Weighted Average Exercise Price Per Share, Outstanding at Beginning of Period	$ 1.58
Weighted Average Exercise Price Per Share, Granted	1.97
Weighted Average Exercise Price Per Share, Exercised	1.67
Weighted Average Exercise Price Per Share, Forfeited	1.51
Weighted Average Exercise Price Per Share, Outstanding at End of Period	1.68
Weighted Average Exercise Price Per Share, Exercisable at End of Period	$ 1.48
Weighted Average Remaining Contractual Term, Outstanding at End of Period	8 years 3 months
Weighted Average Remaining Contractual Term, Exercisable at End of Period	7 years 4 months 10 days
Aggregate Intrinsic Value, Outstanding at End of Period	$ 13,781,911
Aggregate Intrinsic Value, Exercisable at End of Period	$ 5,973,380

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The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan.

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Gross number of share options (or share units) granted during the period.

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Amount by which the current fair value of the underlying stock exceeds the exercise price of options outstanding.

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Number of options outstanding, including both vested and non-vested options.

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Amount by which current fair value of underlying stock exceeds exercise price of fully vested and expected to vest exercisable or convertible options. Includes, but is not limited to, unvested options for which requisite service period has not been rendered but that are expected to vest based on achievement of performance condition, if forfeitures are recognized when they occur.

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Weighted average price at which option holders acquired shares when converting their stock options into shares.

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Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options.

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Weighted average remaining contractual term for vested portions of options outstanding and currently exercisable or convertible, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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