Company: PTPI
Filing Date: 2025-02-19
Form Type: 424B4
Source: 0001410578-25-000164
Chunk: 219

Company: Petros Pharmaceuticals, Inc.
Filing Date: 2025-02-19
Form: 424B4
Chunk 219
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 ​ 
 ​ | ​ |                 ​ 
 December 31, 2023 | ​ | ​ |                 ​ 
 December 31, 2022 |
|:----------------|:--|:--|------------------:|:--|:--|------------------:|
| Raw materials   | ​ | $ |         1,430,139 | ​ | $ |         1,574,683 |
| Finished goods  | ​ |   |           180,252 | ​ |   |           240,430 |
| Total inventory | ​ | $ |         1,610,391 | ​ | $ |         1,815,113 |

Finished goods are net of valuation reserves of $295,411 and $364,300 as of December 31, 2023, and 2022, respectively. Raw materials are net of valuation reserves of $0 and $2,872,977 as of December 31, 2023, and 2022, respectively, which is related to bulk inventory. 5) Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets are comprised of the following:

| ​                                               | ​ 
 ​ | ​ |                 ​ 
 December 31, 2023 | ​ | ​ |                 ​ 
 December 31, 2022 |
|:------------------------------------------------|:--|:--|------------------:|:--|:--|------------------:|
| Prepaid insurance                               | ​ | $ |            45,664 | ​ | $ |           109,414 |
| Prepaid FDA fees                                | ​ |   |           937,652 | ​ |   |                 — |
| Prepaid coupon fees                             | ​ |   |                 — | ​ |   |            71,500 |
| API purchase commitment asset (see Note 14)     | ​ |   |           704,729 | ​ |   |           663,984 |
| Other prepaid expenses                          | ​ |   |           234,459 | ​ |   |           333,158 |
| Other current assets                            | ​ |   |           111,476 | ​ |   |           138,226 |
| Total prepaid expenses and other current assets | ​ | $ |         2,033,980 | ​ | $ |         1,316,282 |

6) Intangible Assets

| ​                            | ​ | ​ |          ​ |
|:-----------------------------|:--