Company: PTPI
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001410578-25-000047
Chunk: 82

Company: Petros Pharmaceuticals, Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 82
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          — | ​  | $           | -7,137,132 | ​  | $             |   13,556,498 | ​ | $            |  33,795,795 | ​ |

| (a) | Reclassification of long-term portion of Vivus Promissory Note to current liability upon Vivus Event of Default. |

| (b) | Represents packaged and bulk Stendra® tablets. |

| (c) | Represents API that the Company has title to based on cumulative Promissory Note payments. |

| (d) | Represents API the Company expected to acquire in the next 12 months. |

| (f) | Represents the collateral value of the inventory and API that was applied against the Promissory Note. |

48

Petros Pharmaceuticals, Inc. Consolidated Statements of Operations (Unaudited)

| Net sales                                    
 Cost of goods sold                           
 Gross profit                                 
 Operating expenses:                          
 Selling, general and administrative          
 Research and development expense             
 Depreciation and amortization expense        
 Intangible asset impairment                  
 Total operating expenses                     
 Loss from operations                         
 Other income (expense):                      
 Gain (Loss) on Vivus Settlement              
 Change in fair value of derivative liability 
 Interest income                              
 Interest expense, promissory note            
 Total Other income (expense)                 
 Loss before income taxes                     
 Income tax expense                           | ​ 
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 For the Nine Months Ended 
 September 30,             
 2024                      
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 ​                         |   4,386,640 
     947,946 
   3,438,694 
   7,299,391 
   2,513,105 
   2,175,126 
           — 
  11,987,622 
 (8,548,928) 
   3,550,000 
     347,028 
   (393,450) 
   3,503,578 
 (5,045,350) 
           — | ​ 
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