Company: PTPI
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001410578-25-000047
Chunk: 192

Company: Petros Pharmaceuticals, Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 192
---
 ​ | $            |  33,795,795 | ​ | $            |  32,421,214 |

The accompanying Notes are an integral part of the Consolidated Financial Statements.

F-4

PETROS PHARMACEUTICALS, INC. CONSOLIDATED STATEMENTS OF OPERATIONS

| ​                                            
 ​                                            
 ​                                            
 ​                                            
 Net sales                                    
 Cost of goods sold                           
 Gross profit                                 
 Operating expenses:                          
 Selling, general and administrative          
 Warrant issuance costs                       
 Gain on settlement with Vivus                
 Research and development expense             
 Depreciation and amortization expense        
 Intangible asset impairment                  
 Total operating expenses                     
 ​                                            
 Loss from operations                         
 ​                                            
 Other income (expenses):                     
 Change in fair value of derivative liability 
 Change in fair value of warrant liability    
 Loss on issuance of Series A Preferred Stock 
 Interest income                              
 Interest expense, promissory note            
 ​                                            
 Total other income (expenses)                
 ​                                            | ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ | ​                   
 For the Years Ended 
 December 31,        
 2023                
 ​                   
 ​                   
 ​                   
 ​                   
 ​                   
 ​                   
 ​                   
 ​                   
 ​                   
 ​                   
 ​                   
 ​                   
 ​                   |            ​ 
    5,822,388 
    1,631,220 
    4,191,168 
            ​ 
    9,261,471 
    2,855,000 
            — 
    2,409,094 
    3,282,967 
            — 
   17,808,532 
            ​ 
 (13,617,364) 
            ​ 
            ​ 
    2,590,000 
   13,974,000 
 (11,088,997) 
      515,311 
    (536,138) 
            ​ 
    5,454,176 
            ​ | ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ | ​    
 2022 
 ​    
 ​    
 ​    
 ​    
 ​    
 ​    
 ​    
 ​    
 ​    
 ​    
 ​    
 ​    
 ​    |