It's actually quite complicated
Whey you spin off an entity, you still have to consolidate it for the period that you owned it. In this case, they owned Nestbuilder through the third month of the quarter, so it's a cumbersome process to produce financials.
I've been a CFO for an early stage growth company, so I can attest to the difficulty of producing financials. It's compounded by the fact that Verus is a public company, even though the financials don't have to be audited for an interim period.
After this quarter, I would hope that management can produce financials on time without excuses. That said, I think the reason for delayed financials since Verus was launched is reasonable.