VERU INC. VERU Income Statement

Veru inc. (VERU)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Jun'10
Net revenues
38,976	36,009	31,803	28,278	24,052	19,649	15,864	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales
11,867	11,727	10,146	9,267	8,539	7,546	7,091	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	13,155	0	0	0
Royalty income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	54	0	0	0
Net revenues
-	-	-	-	-	-	-	-	-	-	-	13,526	14,773	17,140	22,127	25,719	27,971	34,176	32,604	31,003	31,090	24,459	24,490	23,725	23,106	28,236	31,456	36,579	37,955	36,309	35,033	32,231	27,092	23,548	18,565	13,210	0	0	0
Cost of sales
-	-	-	-	-	-	-	-	-	-	-	6,432	6,741	7,540	8,777	10,114	10,967	13,623	13,634	13,270	13,820	11,196	11,369	11,215	11,023	13,020	13,952	15,599	15,424	14,738	14,412	13,133	11,474	10,683	8,699	6,632	0	0	0
Gross profit
27,109	24,281	21,656	19,010	15,513	12,103	8,772	7,380	6,601	6,680	7,019	7,093	8,031	9,599	13,349	15,604	17,003	20,552	18,969	17,733	17,270	13,262	13,121	12,509	12,082	15,216	17,504	20,979	22,530	21,571	20,621	19,098	15,618	12,864	9,865	6,577	0	0	0
Operating expenses:
Research and development
17,701	16,681	13,743	13,166	12,088	11,254	10,850	9,218	5,732	4,863	3,076	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advertising
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Selling, general and administrative
14,791	14,808	14,348	14,601	15,078	15,073	14,807	14,115	13,276	11,999	11,501	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Loss on settlement of accounts receivable
-	-	-	-	-	-	3,986	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business acquisition
-	-	-	-	-	-	-	-	-	-	935	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Total operating expenses
32,493	31,490	28,092	27,763	27,389	26,550	29,644	27,252	22,774	20,736	15,513	13,106	11,930	10,848	10,330	11,531	12,325	12,995	12,351	12,358	11,322	9,468	9,197	6,361	6,871	7,444	7,714	9,746	9,579	9,813	9,681	8,479	0	0	-	0	-	-	0
Operating loss
-5,383	-7,208	-6,435	-8,752	-11,875	-14,447	-20,872	-19,871	-16,173	-14,056	-8,494	-6,013	-3,898	-1,248	3,018	4,072	4,678	7,557	6,618	5,374	5,948	3,794	3,923	6,148	5,210	7,772	9,789	11,232	12,951	11,757	10,939	10,064	7,706	5,644	3,295	1,006	0	0	0
Non-operating (expenses) income:
Interest expense
4,475	4,569	4,706	5,008	0	0	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of derivative liabilities
-721	-1,818	-1,199	-624	0	0	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and other (expense) income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	275	276	-4	0	1	0	-2	-2	7	0	0	0
Foreign currency transaction loss
-	-126	-	-66	-	-91	-126	-139	-157	-103	-61	-59	-79	-114	-147	-123	-79	-7	58	27	7	-44	-83	-91	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-
Income before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-
Other income, net
-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-49	0	0	0
Other income (expense), net
0	-	-	70	0	-	-15	0	0	0	-	-38	-32	-38	-57	-39	-33	-18	10	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency transaction loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	56	89	82	61	0	0	0	0
Total non-operating expenses
-5,197	-6,438	-5,885	-3,797	-4,625	-3,177	-2,199	-2,295	-569	-153	-108	-98	-111	-153	-204	-162	-113	-25	68	33	14	74	33	16	-0	165	144	191	0	0	-	0	-	-	-	-	-	-	-
Loss before income taxes
-10,581	-13,646	-12,321	-12,550	-16,500	-17,625	-23,072	-22,167	-16,742	-14,209	-8,602	-6,111	-4,010	-1,402	2,813	3,910	4,564	7,531	6,687	5,408	5,963	3,869	3,957	5,510	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-
Income before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	0
Income tax (benefit) expense
-631	-473	-303	4,325	5,532	4,204	866	-3,468	-5,184	-4,706	-1,990	-427	313	1,109	2,469	1,112	1,165	2,500	2,341	2,330	2,897	2,095	1,524	-3,424	-3,947	-4,335	-4,408	-4,608	-4,663	-4,553	-4,507	-1,619	-1,877	-2,112	-2,167	-2	0	0	0
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	959	0	0	0
Net loss per basic and diluted common share outstanding
-0.01	-0.05	-0.06	-0.04	-0.06	-0.03	-0.14	-0.15	-0.07	-0.08	-	-0.03	-0.06	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss per basic and diluted common share outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-0.04	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic and diluted weighted average common shares outstanding
65,367	65,038	65,054	62,917	62,767	62,553	55,148	53,789	53,355	53,154	45,611	30,991	30,982	30,976	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) income per basic common share outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.06	0.02	0.00	0.05	0.02	0.04	0.06	0.03	-0.01	0.04	0.01	0.05	0.24	0.03	0.12	0.12	0.29	0.09	0.07	0.10	0.17	0.02	0.00	0.01	0.00
Basic weighted average common shares outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	28,723	28,655	28,652	28,633	28,566	28,538	28,521	28,502	28,486	28,561	28,562	28,479	28,401	28,381	28,389	28,333	28,182	27,554	27,557	27,480	27,300	27,301	27,301	27,245	27,216
Net (loss) income per diluted common share outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.06	0.02	0.00	0.05	0.02	0.04	0.06	0.03	-0.02	0.04	0.01	0.05	0.23	0.03	0.12	0.12	0.28	0.09	0.07	0.09	0.17	0.01	0.00	0.01	0.00
Diluted weighted average common shares outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	28,598	29,054	29,059	28,993	29,349	28,759	28,780	28,778	28,861	28,885	28,915	28,798	28,706	28,750	28,754	28,694	28,700	29,101	29,047	28,883	28,922	28,971	28,992	28,997	28,819
Cash dividends declared per common share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.07	0.14	0.07	0.00	0.07	0.12	0.06	0.00	0.06	0.10	-	-	-	-	-