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

Note 13 - Income Taxes (Tables)

6 Months Ended

Mar. 31, 2026

	*Three Months Ended*						*Six Months Ended*
	*March 31,*						*March 31,*
	*2026*			*2025*			*2026*			*2025*

Income tax benefit at U.S. federal statutory rates	$	(649,435	)	$	(1,649,002	)	$	(1,769,276	)	$	(2,029,082	)
State income tax benefit, net of federal benefit		(102,054	)		(127,680	)		(278,029	)		(157,109	)
Non-deductible expenses		18,946			19,874			20,596			20,613
U.S. research and development tax credit		(137,696	)		(197,911	)		(254,453	)		(428,708	)
Other		5,255			—			13,407			—
Change in valuation allowance		864,984			1,954,719			2,267,755			2,594,286
Income tax expense	$	—		$	—		$	—		$	—