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

Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Industry Segments and Financial Information About Foreign and Domestic Operations

Note 7 - Industry Segments and Financial Information About Foreign and Domestic Operations

9 Months Ended

Jun. 30, 2011

Segment Reporting Disclosure [Text Block]

NOTE 7 - Industry Segments and Financial Information About Foreign and Domestic Operations

The Company currently operates primarily in one industry segment which includes the development, manufacture and marketing of consumer health care products.

The Company operates in foreign and domestic regions. Information about the Company's operations by geographic area is as follows (in thousands):


	Net Revenues to External Customers For The Nine Months Ended						Long-Lived Assets As of
	June 30,						June 30,		September 30,
	2011			2010			2011		2010
United States	$	1,631	(1)		1,017		$	151	$	274
South Africa		1,126			2,543	(1)		-		-
Singapore		*			*			-		-
Zimbabwe		966			1,105			-		-
Brazil		703			*			-		-
France		672			*			-		-
Mozambique		591			870			-		-
Nigeria		*			810			-		-
Malawi (PFSCM)		*			1,941	(1)		-		-
D. R. of Congo		*			*			-		-
India		*			*			94		110
United Kingdom		*			*			202		224
Malaysia		*			*			1,757		1,969
Other		5,767			6,136			-		-
	$	11,456		$	14,422		$	2,204	$	2,577

* Less than 5 percent of total product sales

(1) Comprised of a single customer considered to be a major customer (exceeds 10 percent of net sales).

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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+ Details