Veru inc. (VERU)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10
OPERATING ACTIVITIES
Net loss

-9,950

-13,173

-12,017

-16,876

-22,032

-21,830

-23,938

-18,698

-11,557

-9,503

-6,612

-5,683

-4,323

-2,511

344

2,798

3,398

5,031

4,346

3,077

3,065

1,773

2,433

9,589

9,156

12,273

14,342

15,937

17,760

16,173

15,299

11,628

9,495

7,672

5,399

0

0

0

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization

152

157

162

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

288

333

362

373

397

422

449

469

480

494

532

553

573

589

567

568

569

556

538

510

479

461

457

456

459

464

0

0

0

Amortization expense

312

311

309

300

292

283

275

246

217

189

147

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncash change in right-of-use assets

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncash interest expense

-4,475

-4,569

-4,706

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest added to certificate of deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

2

3

0

0

0

Amortization of deferred income from grant

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

24

24

24

24

0

0

0

Share-based compensation

2,288

2,103

1,906

1,940

1,932

1,848

1,638

1,307

953

646

756

662

668

693

499

311

363

413

489

784

834

854

858

770

738

711

727

759

783

834

842

881

900

887

796

0

0

0

Warrants issued

-

-

-

-

-

-

-

-

-

-

542

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-661

-638

-438

4,017

5,308

3,975

630

-3,632

-5,443

-4,960

-2,255

-723

-83

716

2,054

831

850

2,102

1,925

2,001

2,329

1,584

1,012

-4,360

-4,826

-5,260

-5,259

-4,897

-4,903

-4,895

-4,893

0

0

0

-

-

-

0

Loss on settlement of accounts receivable

-

-

-

-

-

-

3,986

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for obsolete inventory

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of derivative liabilities

-721

-1,818

-1,199

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

142

297

121

0

-2

24

67

64

73

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of fixed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0

-0

-0

-0

-3

-3

-3

-3

-0

-0

-0

-0

-0

0

0

0

-

-

-

-

-

-

-

-

Changes in current assets and liabilities:
Increase in accounts receivable

3,134

3,480

1,351

1,256

1,430

-111

-1,874

-4,595

-7,056

-8,134

-7,277

-5,045

-3,429

-1,463

4,524

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in income tax receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-24

-18

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in inventory

3,304

2,135

1,454

680

-448

-255

-375

233

1,395

889

479

278

196

810

738

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in prepaid expenses and other assets

1,593

854

704

-141

201

171

65

158

52

-44

77

283

367

444

77

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in accounts payable

1,710

1,877

-56

-326

-1,014

-567

495

1,545

2,104

1,251

897

-230

-673

-969

-376

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in unearned revenue

-

-

-187

-420

-532

-600

-487

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in accrued expenses and other current liabilities

2,288

2,600

2,190

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in operating lease liabilities

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Decrease) increase in accrued expenses and other current liabilities

-

-

-

-

-

-

-

-

-

-251

-981

-931

-922

756

669

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in current assets and liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,714

597

-31

-759

-1,548

-853

-329

1,263

3,665

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

0

0

0

Net cash used in operating activities

-6,410

-6,489

-5,485

-7,345

-11,365

-13,349

-11,546

-8,153

-2,140

113

982

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

11,390

9,480

6,723

6,968

0

0

0

INVESTING ACTIVITIES
(Increase) decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Proceeds from redemption of certificate of deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

64

0

0

0

-

-

-

-

Capital expenditures

0

0

-

-

-

-

50

61

51

69

133

122

87

69

6

11

111

136

135

138

40

17

97

99

125

315

302

502

704

689

718

516

293

117

46

0

0

0

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6

-11

-111

-136

-135

-138

-40

-17

-97

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

0

0

-

-

-

-

-50

-18

-8

-26

-90

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-452

-229

-53

-46

0

0

0

FINANCING ACTIVITIES
Proceeds from sale of shares in public offering, net of fees

-

-

9,400

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Installment payments on SWK credit agreement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

7

6

9

12

0

0

0

Payment of costs related to public offering

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Installment payments on SWK credit agreement

2,688

2,799

4,935

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from premium finance agreement

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for debt portion of finance lease

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of common stock for treasury shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

395

602

656

462

289

59

4

4

33

0

0

0

Dividends paid on common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

5

2,026

4,048

6,074

8,082

8,065

7,764

7,468

7,171

6,842

6,518

6,192

5,868

5,580

5,570

5,545

0

0

0

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6

-526

-2,637

-4,668

-6,694

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

3,233

1,815

8,129

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-5,934

-5,591

-5,585

-5,591

0

0

0

Net (decrease) increase in cash

-3,339

-4,804

2,535

2,461

-3,075

5,406

481

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash

-

-

-

-

-

-

-

-

-

-

892

-539

-1,549

-186

-1,720

585

-142

-896

-1,690

-1,517

-3,007

-3,422

-3,126

-7,788

-258

3,660

3,626

3,639

-76

-334

1,041

5,002

3,660

1,083

1,330

0

0

0

Supplemental disclosure of noncash activities:
Costs related to public offering in accounts payable

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-assets recorded in exchange for lease liabilities

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock in connection with the APP Acquisition

-

-

-

-

-

-

-

-

-

-

1,826

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of Series 4 Preferred Stock in connection with the APP Acquisition

-

-

-

-

-

-

-

-

-

-

17,981

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Cash paid for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

352

303

307

302

294

459

428

393

773

719

715

761

345

0

0

0

-

-

-

-

-

-

-

-

Shares issued in connection with common stock purchase agreement

-

-

-

-

-

-

347

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reduction of accrued expense upon issuance of shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-

170

170

221

0

0

0

Reduction of accrued expense upon issuance of shares

-

-

-

-

-

-

-

-

-

-

22

0

0

0

-

-

-

-

255

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in other assets from accounts payable and accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Dividends payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Increase in deferred assets from accrued expenses

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-