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
- Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Note 10 -Share-based Compensation (Tables)

v3.24.2.u1

Note 10 -Share-based Compensation (Tables)

9 Months Ended

Jun. 30, 2024

Notes Tables

Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]

	*Three Months Ended*				*Nine Months Ended*
	*June 30,*				*June 30,*
	*2024*		*2023*		*2024*		*2023*

Cost of sales	$	103,058	$	112,515	$	294,147	$	263,879
Selling, general and administrative		2,514,816		3,667,599		8,046,144		10,183,510
Research and development		758,532		770,718		2,077,235		2,786,310
Share-based compensation	$	3,376,406	$	4,550,832	$	10,417,526	$	13,233,699

Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

	*Three Months Ended*						*Nine Months Ended*
	*June 30,*						*June 30,*
	*2024*			*2023*			*2024*			*2023*
Weighted Average Assumptions:
Expected volatility		109.64	%		104.96	%		108.86	%		101.37	%
Expected dividend yield		0.00	%		0.00	%		0.00	%		0.00	%
Risk-free interest rate		4.48	%		3.51	%		4.49	%		3.92	%
Expected term (in years)		6.0			6.0			6.0			6.0
Fair value of options granted	$	1.37		$	1.12		$	1.22		$	5.55

Share-Based Payment Arrangement, Option, Activity [Table Text Block]

				*Weighted Average*
						*Remaining*		*Aggregate*
	*Number of*			*Exercise Price*		*Contractual Term*		*Intrinsic*
	*Shares*			*Per Share*		*(years)*		*Value*

Outstanding at September 30, 2023		17,367,643		$	5.28
Granted		2,281,500		$	1.45
Exercised		(2,734	)	$	1.20
Forfeited and expired		(1,050,081	)	$	8.51
Outstanding at June 30, 2024		18,596,328		$	4.63		6.62	$	76,000
Exercisable at June 30, 2024		12,838,518		$	4.42		5.61	$	—

- Definition

Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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