Company: PTPI
Filing Date: 2025-02-14
Form Type: S-1/A
Source: 0001410578-25-000137
Chunk: 174

Company: Petros Pharmaceuticals, Inc.
Filing Date: 2025-02-14
Form: S-1/A
Chunk 174
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 ​ |    $ | 24,562,529 | ​ |

101

The following table presents a reconciliation of net sales to gross billings for the three and nine months ended September 30, 2024, and 2023:

| ​                         
 ​                         | ​ 
 ​ 
 ​ | For the Three Months Ended 
 ​                          
 2024                       | September 30 | ​ | 2023 |           | ​ 
 ​ | For the Nine Months Ended 
 ​                         
 2024                      | September 30 | ​ | 2023 |            | ​ 
 ​ |
|:--------------------------|:--|:---------------------------|-------------:|:--|:-----|----------:|:--|:--------------------------|-------------:|:--|:-----|-----------:|:--|
| Net Sales                 |   | $                          |    1,576,366 |   | $    | 1,674,657 |   | $                         |    4,386,640 |   | $    |  6,186,638 |   |
| Product Returns           | ​ | ​                          |      354,759 | ​ | ​    |   516,440 | ​ | ​                         |    1,157,728 | ​ | ​    |  1,290,465 | ​ |
| Contract Rebates          | ​ | ​                          |      232,956 | ​ | ​    |   225,085 | ​ | ​                         |      707,957 | ​ | ​    |  1,037,271 | ​ |
| Chargebacks               | ​ | ​                          |       58,300 | ​ | ​    |    42,190 | ​ | ​                         |      168,419 | ​ | ​    |    118,490 | ​ |
| Cash Discounts            | ​ | ​                          |       35,445 | ​ | ​    |    36,266 | ​ | ​                         |      101,940 | ​ | ​    |    125,679 | ​ |
| Distribution Service Fees | ​ | ​                          |      231,677 | ​ | ​    |   216,234 | ​ | ​                         |      803,249 | ​ | ​    |    678,857 | ​ |
| Coupon Redemptions        | ​ | ​                          |      105,982 | ​ | ​    |   146,