Form 8-K
8-K — Verrica Pharmaceuticals Inc.
Accession: 0001193125-26-338273
Filed: 2026-08-06
Period: 2026-08-06
CIK: 0001660334
SIC: 2834 (PHARMACEUTICAL PREPARATIONS)
Item: Results of Operations and Financial Condition
Item: Financial Statements and Exhibits
Documents
8-K — d13828d8k.htm (Primary)
EX-99.1 (d13828dex991.htm)
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XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K
8-K (Primary)
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8-K
false 0001660334 0001660334 2026-08-06 2026-08-06
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 6, 2026
Verrica Pharmaceuticals Inc.
(Exact Name of Registrant as Specified in its Charter)
Delaware
001-38529
46-3137900
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
44 W. Gay St., Suite 400
West Chester, PA
19380
(Address of Principal Executive Offices)
(Zip Code)
Registrant’s telephone number, including area code: (484) 453-3300
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
Title of each class
Trading
symbol
Name of each exchange
on which registered
Common Stock
VRCA
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02
Results of Operations and Financial Condition.
On August 6, 2026, Verrica Pharmaceuticals Inc. (the “Registrant”) issued a press release announcing its financial results for the quarter and six months ended June 30, 2026, as well as information regarding a conference call to discuss these financial results and the Registrant’s recent corporate highlights. This press release has been furnished as Exhibit 99.1 to this Current Report on Form 8-K.
In accordance with General Instruction B.2. of Form 8-K, the information in this Item 2.02, and Exhibit 99.1 hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any of the Registrant’s filings under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, regardless of any incorporation language in such a filing, except as expressly set forth by specific reference in such a filing.
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits
Exhibit
Number
Exhibit Description
99.1
Press Release, dated August 6, 2026
104
Cover Page Interactive Data File (formatted as inline XBRL).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Verrica Pharmaceuticals Inc.
Date: August 6, 2026
/s/ John J. Kirby
John J. Kirby
Interim Chief Financial Officer
EX-99.1
EX-99.1
Filename: d13828dex991.htm · Sequence: 2
EX-99.1
Exhibit 99.1
Verrica Pharmaceuticals Reports Second Quarter 2026 Financial Results
– Company reports record demand for YCANTH® as dispensed applicator units
grew to 19,626 in
Q2 2026, up 28.3% over the previous quarter and 46.1% year-over-year –
– Topline data from global Phase 3 program studying common warts currently expected in
mid-2027 –
– The Company’s cash runway could extend into 2028 based on
its current operating plan and
assuming full availability of its new credit facility –
– Company reports total revenue of $5.9 million in Q2 2026, including U.S. YCANTH net product
revenue of $5.1 million, up 18.7% over the previous quarter and 12.3% year-over-year –
– Conference call scheduled for today, August 6, 2026, at 4:30 pm ET –
WEST CHESTER, PA – Aug 6, 2026 (GLOBE NEWSWIRE) – Verrica Pharmaceuticals Inc. (“Verrica” or the “Company”) (Nasdaq:
VRCA), a therapeutics company developing and commercializing medications for the treatment of dermatological diseases, including skin cancers, today announced financial results for the second quarter ended June 30, 2026.
“Demand for YCANTH continues to accelerate, with dispensed applicator units reaching 19,626 for the quarter, up approximately 28% sequentially and 46%
on a year-over-year basis, and representing our highest quarterly total since launch. We believe that our commercial strategy is working well and provides us with a growing confidence that YCANTH can become the standard of care for patients
suffering from molluscum,” said Jayson Rieger, PhD, MBA, President and Chief Executive Officer of Verrica.
“In addition to our commercial
efforts, we also continue to make progress with our work to expand the label for YCANTH to include common warts, an indication that is more than three times the six million patients estimated to be suffering from molluscum. Topline data from our
global Phase 3 program is currently expected in mid-2027, as our studies are recruiting well. We continue to enroll patients in the first pivotal study, COVE-2, and
first patients in the U.S. and Japan were dosed in the second pivotal trial, COVE-3, during the quarter,” Dr. Rieger continued. “With respect to our basal cell carcinoma program, we remain
highly encouraged by the Phase 2 data for our novel oncolytic peptide, VP-315. At the Society for Investigative Dermatology Annual Meeting in May, VP-315 demonstrated a
potential ability to impact both treated lesions, as well as showing evidence of a meaningful abscopal effect in untreated lesions. Based on the unique and promising profile of this Phase 3-ready asset, we are
continuing our Phase 3 readiness activities.”
Dr. Rieger concluded, “Finally, our new credit facility for up to $27.5 million with an
entity controlled by Paul B. Manning, Verrica’s Chairman and largest shareholder, gives us access to additional non-dilutive capital to support YCANTH’s continued commercialization and advance our
ongoing Phase 3 common warts program. Based on our current operating plan, we believe the full $27.5 million that may be available under the facility could extend our cash runway into 2028. We believe this quarter’s progress across our
YCANTH business for molluscum and our pipeline programs, along with this extended cash runway, positions Verrica well to deliver long-term value for patients and shareholders.”
Conference Call and Webcast Information
The Company will
host a conference call on Thursday, August 6, 2026, at 4:30 pm, to discuss its second quarter 2026 financial results and provide a business update. To participate in the conference call, please utilize the following information:
Domestic Dial-In Number: Toll-Free: 1-800-225-9448
International Dial-In Number: 1-203-518-9708
Conference ID: VERRICA
Participants can use Guest dial-in #s above and be answered by an operator.
Webcast:
https://viavid.webcasts.com/starthere.jsp?ei=1766684&tp_key=a08a369194
The call will be broadcast live over the Web and can also be accessed on Verrica Pharmaceuticals’ website: www.verrica.com.
The conference call will also be available for replay for one month on the Company’s website in the Events Calendar of the Investors section.
Business Highlights and Recent Developments
YCANTH® (VP-102)
•
During the second quarter of 2026, YCANTH dispensed applicator units totaled 19,626, representing a
year-over-year increase of approximately 46% from the second quarter of 2025. On a sequential basis, YCANTH dispensed applicator units increased approximately 28% from the prior quarter.
•
On June 22, 2026, the Company announced that the first U.S. patient was dosed in the second pivotal clinical
trial (COVE-3) in its global Phase 3 program evaluating YCANTH® (VP-102) for the treatment of common warts
in the US and Japan. Based upon current projections, the Company expects to present topline data from the program in mid-2027.
VP-315
•
On May 5, 2026, the Company announced the presentation of Phase 2 clinical data highlighting the potential
abscopal effects of its novel oncolytic peptide, VP-315 (ruxotemitide), for the treatment of basal cell carcinoma (BCC) at the 2026 Society for Investigative Dermatology (SID) Annual Meeting.
Corporate
•
On August 6, 2026, the Company announced that it has entered into a credit agreement (the
“Facility”) with an entity controlled by Paul B. Manning, Verrica’s Chairman and largest shareholder for up to $27.5 million.
•
On July 21, 2026, the Company announced an exclusive distribution, marketing and supply agreement with
Medomie Pharma Ltd., regarding commercial rights to YCANTH® for the treatment of molluscum contagiosum in Israel.
Financial Results
Second Quarter 2026 Financial
Results
•
Total revenue for the three months ended June 30, 2026, was $5.9 million compared to total revenue of
$12.7 million for the three months ended June 30, 2025.
•
U.S. YCANTH product revenue, net was $5.1 million for the quarter ended June 30, 2026, compared to net
product revenue of $4.5 million for the quarter ended June 30, 2025. The increase in product revenue, net, was primarily related to increased deliveries of YCANTH to our distribution partners.
•
License and collaboration revenue was $0.8 million for the quarter ended June 30, 2026, consisting
primarily of commercial supply for Torii’s YCANTH launch in Japan, compared to license and collaboration revenue from Torii of $8.2 million for the three months ended June 30, 2025, which included $8.0 million of one-time milestone revenue.
•
Costs of product revenue were $0.4 million for the quarter ended June 30, 2026, compared to
$0.3 million for the quarter ended June 30, 2025, consisting primarily of product costs related to the sale of YCANTH.
•
Selling, general and administrative expenses were $10.3 million for the quarter ended June 30, 2026,
compared to $8.9 million for the same period in 2025. Excluding the impact of stock-based compensation, the increase of $1.3 million was primarily due to increased commercial spend, related to the expansion of the sales force.
•
Research and development expenses were $6.0 million for the quarter ended June 30, 2026, compared to
$1.8 million for the same period in 2025. Excluding the impact of stock-based compensation, the increase of $4.1 million was primarily attributable to costs associated with the Phase 3 program for common warts. The expense for the Phase 3
common warts program did not impact Verrica’s cash balance, as the first $40 million of payments for this program will be made by Torii under the Company’s collaboration and license agreement.
•
Expense of $1.7 million was recognized during the quarter ended June 30, 2026, as an agreement in
principle was reached to settle legal proceedings related to a class action brought against the Company in 2022. The expense represents Verrica’s share of the settlement after the insurance recovery.
•
Interest income was $0.1 million for the quarter ended June 30, 2026, compared to $0.2 million for
the quarter ended June 30, 2025. The decrease in interest income was primarily due to lower cash balances.
•
Interest expense was $0.2 million for the quarter ended June 30, 2026, compared to $2.1 million
for the same period in 2025. The decrease of $2.0 million was related to the settlement and termination of the Company’s OrbiMed debt facility in November 2025.
•
For the quarter ended June 30, 2026, net loss was $13.2 million, or $0.62 per share, compared to a net
income of $0.2 million, or $0.02 per share, for the same period in 2025.
•
For the quarter ended June 30, 2026, non-GAAP net loss was
$10.2 million, or $0.48 per share, compared to a non-GAAP net income of $1.2 million, or $0.12 per share, for the same period in 2025.
Year-to-date Financial Results
•
Product revenue, net was $9.4 million for the six months ended June 30, 2026, compared to
$8.0 million for the six months ended June 30, 2025.
•
License and collaboration revenue was $1.5 million for the six months ended June 30, 2026, compared to
$8.2 million for the six months ended June 30, 2025. License and collaboration revenue for the six months ended June 30, 2026 consisted of supplies and development activity with Torii. License and collaboration revenue for the six
months ended June 30, 2025 consisted of a one-time $8.0 million milestone payment from Torii as well as supplies and development activity.
•
Costs of product revenue were $1.0 million for the six months ended June 30, 2026, compared to
$0.8 million for the six months ended June 30, 2025.
•
Selling, general and administrative expenses were $20.3 million in the six months ended June 30, 2026,
compared to $17.7 million for the same period in 2025. Excluding the impact of stock compensation, the increase of $2.6 million was primarily due to increased commercial spend related to the expansion of the sales force.
•
Research and development expenses were $9.9 million in the six months ended June 30, 2026, compared to
$4.1 million for the same period in 2025. Excluding the impact of stock compensation, the increase of $5.6 million was primarily due to increased costs related to the Program for common warts.
•
Expense of $1.7 million was recognized during the six months ended June 30, 2026, as an agreement in principle
was reached to settle legal proceedings related to a class action brought against the Company in 2022. The expense represents Verrica’s share of the settlement after the insurance recovery.
•
Interest income was $0.3 million for the six months ended June 30, 2026, compared to $0.6 million
for the same period in 2025. The decrease of $0.3 million was primarily due to a lower cash balance.
•
Interest expense was $0.3 million for the six months ended June 30, 2026, and $4.3 million for the
same period in 2025. The decrease of $4.0 million was related to the settlement of the OrbiMed Loan Facility and the termination of the OrbiMed Credit Agreement in November 2025.
•
For the six months ended June 30, 2026, net loss was $22.8 million, or $1.07 per share, compared to a
net loss of $9.5 million, or $1.01 per share, for the same period in 2025.
•
For the six months ended June 30, 2026, non-GAAP net loss was
$19.0 million, or $0.89 per share, compared to a non-GAAP net loss of $7.1 million, or $0.75 per share, for the same period in 2025.
Non-GAAP Financial Measures
In evaluating the operating performance of its business, Verrica’s management considers non-GAAP (loss) income
from operations, non-GAAP net (loss) income and non-GAAP net (loss) income per share. These non-GAAP financial measures exclude
stock-based compensation expense and non-cash interest expense that are required by GAAP. Verrica excludes non-cash stock-based compensation expense from these non-GAAP measures to facilitate comparison to peer companies who also provide similar non-GAAP disclosures and because it reflects how management internally manages the
business. In addition, Verrica excludes non-cash interest expense from these non-GAAP measures to facilitate an understanding of the effects of the debt service
obligations on the Company’s liquidity and comparisons to peer group companies who also provide similar non-GAAP disclosures and because it is reflective of how management internally manages the
business. Verrica also excludes certain other one-time expenses and impacts from change in fair value of derivative liability and legal settlement, net of insurance recovery.
Non-GAAP (loss) income from operations, non-GAAP net (loss) income and non-GAAP
net (loss) income per share should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for, or superior to, GAAP results. Non-GAAP (loss) income from operations, non-GAAP net (loss) income and non-GAAP net (loss) income per share have been reconciled to the
nearest GAAP measure in the tables following the financial statements in this press release.
About
YCANTH® (VP-102)
YCANTH® is a proprietary drug-device combination product that contains a GMP-controlled formulation of cantharidin delivered via a
single-use applicator that allows for precise topical dosing and targeted administration for the treatment of molluscum. YCANTH is the first and only healthcare professional-administered product approved by
the FDA to treat adult and pediatric patients two years of age and older with molluscum contagiosum — a common, highly contagious skin disease that affects an estimated six million people in the United States, primarily children. Approval of
YCANTH was based upon the positive results from two Phase 3 clinical trials in approximately 500 patients which demonstrated that YCANTH was a safe and effective therapeutic for the treatment of molluscum. YCANTH is also approved for the treatment
of molluscum contagiosum in Japan and is being studied in a global phase 3 program in the US and Japan for the treatment of common warts.
Approximately
250 million lives are eligible to receive YCANTH covered by insurance. Commercially insured patients pay just $25 per YCANTH treatment visit, for up to two applicators. Other uninsured patients may be eligible to receive YCANTH at a reduced
cost if certain eligibility requirements are met for patient assistance. Please visit YCANTHPro.com for additional information.
About Verrica
Pharmaceuticals Inc.
Verrica is a therapeutics company developing and commercializing medications for the treatment of dermatological diseases,
including skin cancers. Verrica’s product YCANTH® (VP-102) (cantharidin), is the first and only healthcare professional-administered
treatment approved by the FDA to treat adult and pediatric patients two years of age and older with molluscum contagiosum, a highly contagious viral skin infection affecting approximately 6 million people in the United States, primarily
children. YCANTH® (VP-102) is also in development to treat common warts, the largest remaining unmet need in medical dermatology. Verrica has also
entered a worldwide license agreement with Lytix Biopharma ASA to develop and commercialize VP-315 (ruxotemitide, formerly known as LTX-315 and VP-LTX-315) for non-melanoma skin cancers including basal cell carcinoma and squamous cell carcinoma. For more information,
visit www.verrica.com.
Forward-Looking Statements
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the
Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as “believe,” “expect,” “may,” “plan,” “potential,” “will,” and similar
expressions, and are based on Verrica’s current beliefs and expectations. These forward-looking statements include statements about the commercialization of YCANTH, the clinical development and benefits of Verrica’s product candidates,
including YCANTH (VP-102) and VP-315, the development and regulatory plans for YCANTH, the timing of release of clinical data from the Phase 3 studies of YCANTH for
common warts, Verrica’s ability to borrow funds under the Facility, Verrica’s achievement of milestones set forth in the Facility, and the commercial performance of YCANTH in Israel. These statements involve risks and uncertainties that
could cause actual results to differ materially from those reflected in such statements. Risks and uncertainties that may cause actual results to differ materially include risks and uncertainties related to market conditions, and other risks and
uncertainties that are described in Verrica’s Annual Report on Form 10-K for the year ended December 31, 2025, Verrica’s Quarterly Report on Form 10-Q
for the quarter ended June 30, 2026 to be filed with the SEC on August 6, 2026 and other filings Verrica makes with the SEC. Any forward-looking statements speak only as of the date of this press release and are based on information
available to Verrica as of the date of this release, and Verrica assumes no obligation to, and does not intend to, update any forward-looking statements, whether as a result of new information, future events or otherwise.
VERRICA PHARMACEUTICALS INC.
Selected Statements of Operations Data
(in thousands except share and per share data)
(unaudited)
Three Months Ended June 30,
2026
2025
Revenue
Product revenue, net
$
5,093
$
4,534
License and Collaboration revenue
769
8,168
Total revenue
5,862
12,702
Operating Expenses:
Cost of product revenue
435
340
Cost of collaboration revenue
443
154
Selling, general and administrative
10,349
8,852
Research and development
6,034
1,846
Legal settlement, net of insurance recovery
1,698
—
Total expenses
18,959
11,192
(Loss) income from operations
(13,097
)
1,510
Interest income
111
228
Interest expense
(164
)
(2,131
)
Change in fair value of derivative liability
—
598
Other expense
(3
)
(1
)
Net (loss) income
$
(13,153
)
$
204
Net (loss) income per share
Basic
$
(0.62
)
$
0.02
Weighted average common shares outstanding
Basic
21,305,025
9,488,055
Net (loss) income per share
Diluted
$
(0.62
)
$
0.02
Weighted average common shares outstanding
Diluted
21,305,025
9,490,600
VERRICA PHARMACEUTICALS INC.
Selected Statements of Operations Data
(in thousands except share and per share data)
(unaudited)
Six Months Ended June 30,
2026
2025
Revenue
Product revenue, net
$
9,383
$
7,956
License and Collaboration revenue
1,502
8,185
Total revenue
10,885
16,141
Operating Expenses:
Cost of product revenue
979
763
Cost of collaboration revenue
788
168
Selling, general and administrative
20,338
17,700
Research and development
9,894
4,130
Legal settlement, net of insurance recovery
1,698
—
Total expenses
33,697
22,761
Loss from operations
(22,812
)
(6,620
)
Interest income
312
565
Interest expense
(324
)
(4,334
)
Change in fair value of derivative liability
—
852
Other expense
(11
)
(1
)
Net loss
$
(22,835
)
$
(9,538
)
Net loss per share
Basic and diluted
$
(1.07
)
$
(1.01
)
Weighted average common shares outstanding
Basic and diluted
21,305,025
9,485,907
VERRICA PHARMACEUTICALS INC.
Selected Balance Sheets Data
(in thousands)
(unaudited)
June 30,
2026
December 31,
2025
Cash
$
11,198
$
30,147
Accounts receivable
11,090
5,397
Deferred R&D services, current portion
2,718
1,958
Insurance recovery asset
2,302
—
Inventory
2,712
2,236
Prepaid expenses and other assets
2,619
2,801
Total current assets
32,639
42,539
Deferred R&D services, non-current portion
706
2,354
PP&E, Lease right-of-use asset, other
2,672
2,238
Total assets
$
36,017
$
47,131
Legal settlement liability
4,000
—
R&D funding liability
8,414
5,066
Other current and noncurrent liabilities
19,296
17,322
Total liabilities
31,710
22,388
Total stockholders’ equity
4,307
24,743
Total Liabilities & Stockholders’ Equity
$
36,017
$
47,131
VERRICA PHARMACEUTICALS INC.
Reconciliation of Non-GAAP Financial Measures (unaudited)
(in thousands, except share and per share data)
Three Months Ended June 30, 2026
Loss from
Operations
Net loss
Net loss per
share (basic
and diluted)
GAAP
$
(13,097
)
$
(13,153
)
$
(0.62
)
Non-GAAP Adjustments:
Stock-based compensation - Selling, General & Admin (a)
799
799
0.04
Stock-based compensation - Research & Development (a)
396
396
0.02
Stock-based compensation - Cost of Product (a)
8
8
0.00
Stock-based compensation - Cost of Collaboration (a)
10
10
0.00
Legal settlement, net of insurance recovery (b)
1,698
1,698
0.08
Adjusted
$
(10,186
)
$
(10,242
)
$
(0.48
)
Three Months Ended June 30, 2025
Income from
Operations
Net income
Net income
per share
GAAP
$
1,510
$
204
$
0.02
Non-GAAP Adjustments:
Stock-based compensation - Selling, General & Admin (a)
588
588
0.06
Stock-based compensation - Research & Development (a)
300
300
0.03
Derivative liability change in value (b)
—
(598
)
(0.06
)
Non-cash interest expense (b)
—
691
0.07
Adjusted
$
2,398
$
1,185
$
0.12
(a)
The effects of non-cash stock-based compensation are excluded because
of varying available valuation methodologies and subjective assumptions. Verrica believes this is a useful measure for investors because such exclusion facilitates comparison to peer companies who also provide similar
non-GAAP disclosures and is reflective of how management internally manages the business.
(b)
The effects of legal settlement, net of insurance recovery, change in derivative liability and non-cash interest expense are excluded because Verrica believes such exclusions facilitate comparisons to peer group companies and is reflective of how management internally manages the business. Verrica also
believes that the exclusion of non-cash interest expense facilitates an understanding of the effects of the debt service obligations on the Company’s liquidity.
VERRICA PHARMACEUTICALS INC.
Reconciliation of Non-GAAP Financial Measures (unaudited)
(in thousands, except share and per share data)
Six Months Ended June 30, 2026
Loss from
Operations
Net loss
Net loss per
share (basic
and diluted)
GAAP
$
(22,812
)
$
(22,835
)
$
(1.07
)
Non-GAAP Adjustments:
Stock-based compensation - Selling, General & Admin (a)
1,392
1,392
0.07
Stock-based compensation - Research & Development (a)
672
672
0.03
Stock-based compensation - Cost of Product (a)
22
22
0.00
Stock-based compensation - Cost of Collaboration (a)
24
24
0.00
Legal settlement, net of insurance recovery (b)
1,698
1,698
0.08
Adjusted
$
(19,004
)
$
(19,027
)
$
(0.89
)
Six Months Ended June 30, 2025
Loss from
Operations
Net loss
Net loss per
share
GAAP
$
(6,620
)
$
(9,538
)
$
(1.01
)
Non-GAAP Adjustments:
Stock-based compensation - Selling, General & Admin (a)
1,373
1,373
0.14
Stock-based compensation - Research & Development (a)
541
541
0.06
Derivative liability change in value (b)
—
(852
)
(0.09
)
Non-cash interest expense (b)
—
1,359
0.14
Adjusted
$
(4,706
)
$
(7,117
)
$
(0.75
)
(a)
The effects of non-cash stock-based compensation are excluded because
of varying available valuation methodologies and subjective assumptions. Verrica believes this is a useful measure for investors because such exclusion facilitates comparison to peer companies who also provide similar
non-GAAP disclosures and is reflective of how management internally manages the business.
(b)
The effects of legal settlement, net of insurance recovery, change in derivative liability and non-cash interest expense are excluded because Verrica believes such exclusions facilitate comparisons to peer group companies and is reflective of how management internally manages the business. Verrica also
believes that the exclusion of non-cash interest expense facilitates an understanding of the effects of the debt service obligations on the Company’s liquidity.
FOR MORE INFORMATION, PLEASE CONTACT:
Investors:
John Kirby
Interim Chief Financial Officer
jkirby@verrica.com
Kevin Gardner
LifeSci Advisors
kgardner@lifesciadvisors.com
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Document and Entity Information
Aug. 06, 2026
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Entity Central Index Key
0001660334
Document Type
8-K
Document Period End Date
Aug. 06, 2026
Entity Registrant Name
Verrica Pharmaceuticals Inc.
Entity Incorporation State Country Code
DE
Entity File Number
001-38529
Entity Tax Identification Number
46-3137900
Entity Address, Address Line One
44 W. Gay St.
Entity Address, Address Line Two
Suite 400
Entity Address, City or Town
West Chester
Entity Address, State or Province
PA
Entity Address, Postal Zip Code
19380
City Area Code
(484)
Local Phone Number
453-3300
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false
Soliciting Material
false
Pre Commencement Tender Offer
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Pre Commencement Issuer Tender Offer
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Security 12b Title
Common Stock
Trading Symbol
VRCA
Security Exchange Name
NASDAQ
Entity Emerging Growth Company
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