Veru Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Nature of Business and Significant Accounting Policies (Policy)
Notes Tables
Notes Details

Goodwill and Intangible Assets (Tables)

v3.8.0.1

Goodwill and Intangible Assets (Tables)

12 Months Ended

Sep. 30, 2017



Balance at September 30, 2016	$	—
Goodwill arising from APP Merger		6,878,932
Balance at September 30, 2017	$	6,878,932

Gross Carrying Amounts of Finite Intangible Assets



	Gross Carrying		Accumulated		Net Book
	Amount		Amortization		Value
Intangible assets with finite lives:
Developed technology - PREBOOST®	$	2,400,000	$	81,533	$	2,318,467
Covenants not-to-compete		500,000		65,476		434,524
Total intangible assets with finite lives		2,900,000		147,009		2,752,991
Acquired in-process research and development assets		18,000,000		—		18,000,000
Total intangible assets	$	20,900,000	$	147,009	$	20,752,991

Estimated Future Amortization Expense



	Estimated
Year Ending September 30,	Amortization Expense
2018	$	275,262
2019		309,234
2020		316,369
2021		323,707
2022		331,316
Thereafter		1,197,103
Total	$	2,752,991

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

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-Publisher FASB
-Name Accounting Standards Codification
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- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267

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- Definition

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+ References

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