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

Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

Debt (Tables)

6 Months Ended

Mar. 31, 2024


	March 31,		September 30,
	2024		2023

Residual royalty agreement liability, fair value at inception	$	346,000	$	346,000
Add: accretion of liability using effective interest rate		12,688,216		12,377,949
Less: cumulative payments		(4,620,332)		(4,320,190)
Residual royalty agreement liability, excluding embedded derivative liability		8,413,884		8,403,759
Add: embedded derivative liability at fair value (see Note 3)		1,312,000		1,331,000
Total residual royalty agreement liability		9,725,884		9,734,759
Residual royalty agreement liability, short-term portion		(950,600)		(864,623)
Residual royalty agreement liability, long-term portion	$	8,775,284	$	8,870,136

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details