Veru Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Note 3 - Discontinued Operations (Tables)

Note 3 - Discontinued Operations (Tables)

3 Months Ended

Dec. 31, 2025

Disposal Groups, Including Discontinued Operations [Table Text Block]

	*Three Months Ended*
	*December 31,*
	*2025*		*2024*

Net revenues	$	—	$	4,484,591

Cost of sales		—		2,900,514

Gross profit		—		1,584,077

Operating expenses		—		1,101,987

Loss on sale of FC2 business		—		(4,204,435	)

Operating loss		—		(3,722,345	)

Non-operating expenses:
Interest expense		—		(164,270	)
Change in fair value of derivative liabilities		—		(3,138,316	)
Other expense, net		—		(31,960	)
Total non-operating expenses		—		(3,334,546	)

Loss before income taxes		—		(7,056,891	)

Income tax expense		—		78,553

Net loss from discontinued operations, net of taxes	$	—	$	(7,135,444	)

Schedule of Disposal Groups, Including Discontinued Operations, Cash Flow Information [Table Text Block]

	*Three Months Ended*
	*December 31,*
	*2025*		*2024*

Total net cash used in operating activities from discontinued operations	$	—	$	(325,454	)
Total net cash provided by investing activities from discontinued operations	$	—	$	16,156,882

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

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+ Details