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

Note 13 - Income Taxes (Tables)

9 Months Ended

Jun. 30, 2026

	*Three Months Ended*						*Nine Months Ended*
	*June 30,*						*June 30,*
	*2026*			*2025*			*2026*			*2025*

Income tax benefit at U.S. federal statutory rates	$	(1,467,554	)	$	(1,537,851	)	$	(3,236,830	)	$	(3,566,933	)
State income tax benefit, net of federal benefit		(230,616	)		(403,409	)		(508,645	)		(560,518	)
Non-deductible expenses		52,054			58,150			72,650			78,763
U.S. research and development tax credit		(704,711	)		6,722			(959,164	)		(421,986	)
Effect of change in effective tax rate		—			554,430			—			554,430
Change in estimated unrecognized tax benefit		703,833			—			717,240			—
Change in valuation allowance		1,646,994			1,321,958			3,914,749			3,916,244
Income tax expense	$	—		$	—		$	—		$	—