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)

v3.21.2

Share-based Compensation (Summary of Stock Options Outstanding and Exercisable) (Details) - Stock Option [Member] - USD ($)	9 Months Ended
	Jun. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares Outstanding at Beginning of Period	8,599,000
Number of Shares Granted	3,228,625
Number of Shares Exercised	(996,102)
Number of Shares Forfeited and expired	(91,269)
Number of Shares Outstanding at End of Period	10,740,254
Number of Shares Exercisable at End of Period	5,933,601
Weighted Average Exercise Price Per Share, Outstanding at Beginning of Period	$ 1.67
Weighted Average Exercise Price Per Share, Granted	5.47
Weighted Average Exercise Price Per Share, Exercised	1.54
Weighted Average Exercise Price Per Share, Forfeited and expired	1.74
Weighted Average Exercise Price Per Share, Outstanding at End of Period	2.83
Weighted Average Exercise Price Per Share, Exercisable at End of Period	$ 1.66
Weighted Average Remaining Contractual Term, Outstanding at End of Period	7 years 10 months 28 days
Weighted Average Remaining Contractual Term, Exercisable at End of Period	7 years 3 days
Aggregate Intrinsic Value Outstanding at End of Period	$ 60,768,816
Aggregate Intrinsic Value Exercisable at End of Period	$ 38,057,411

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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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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The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan.

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For presentations that combine terminations, the number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan or that expired.

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Weighted average price of options that were either forfeited or expired.

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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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Weighted average remaining contractual term for option awards outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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Number of share options (or share units) exercised during the current period.

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