Xeriant Inc (XERI)

Industrials | Aerospace Defense
Income Statement (Quarterly) 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenue 0 0 0 0
Cost of Revenue 0 0 0 13,573
Gross Profit 0 0 0 -13,573
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 173,594 335,568 120,251 844,948
Operating Expenses 458,918 335,583 358,795 894,111
Operating Income -458,918 -335,583 -358,795 -894,111
Interest Expense -66,153 76,851 78,419 304,614
Income Before Tax -530,268 -417,269 -372,222 -1,170,098
Income Tax Expense -2,612 -7,219 -7,376 0
Net Income -527,656 -410,050 -364,846 -1,160,854
Per Share
EPS 0.00 0.00 0.00 0.00
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Revenue 0 0 0 0 0
Cost of Revenue 26,468 52,170 46,900 15,581 0
Gross Profit -26,468 -52,170 -46,900 -15,581 0
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 530,226 1,709,486 2,051,635 5,744,617 1,826,109
Operating Expenses 1,365,491 1,853,738 2,051,635 11,012,198 2,199,221
Operating Income -1,365,491 -1,905,908 -2,051,635 -11,012,198 -2,199,221
Interest Expense 276,572 1,203,074 472,408 4,768,033 316,427
Income Before Tax -1,646,898 -3,103,101 -7,096,639 -15,882,195 -2,702,602
Income Tax Expense -17,207 0 286,576 -2,580,925 0
Net Income -1,629,691 -3,070,454 -7,066,956 -13,301,270 -1,543,225
Per Share
EPS 0.00 -0.01 -0.02 -0.04 -0.01
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Assets
Cash and Cash Equivalents 44,850 653,117 61,625 1,065,945
Short Term Investments 0 0 0 57,678
Net Receivables 0 8,163 0 0
Inventory 0 0 0 0
Total Current Assets 56,677 664,211 66,154 1,136,925
Property Plant Equipment 11,542 36,248 88,418 132,751
Goodwill and Intangibles 0 0 0 0
Total Assets 68,219 713,005 167,118 1,269,676
Liabilities
Account Payables 1,000,975 1,211,533 402,568 56,836
Short Term Debt 7,757,602 8,018,726 6,253,253 3,985,148
Total Current Liabilities 8,765,577 9,325,459 6,751,021 4,139,184
Long Term Debt 3,105 0 36,197 92,197
Total Liabilities 8,768,682 9,325,459 6,787,218 4,231,381
Shareholders Equity
Retained Earnings -28,338,606 -26,708,915 -23,638,461 -16,571,505
Total Shareholders Equity -5,823,315 -5,752,513 -3,792,806 -164,094
Balance Sheet (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Assets
Cash and Cash Equivalents 44,850 653,117 61,625 1,065,945 962,540
Short Term Investments 0 0 0 57,678 0
Net Receivables 0 8,163 0 0 0
Inventory 0 0 0 0 0
Total Current Assets 56,677 664,211 66,154 1,136,925 976,320
Property Plant Equipment 11,542 36,248 88,418 132,751 169,209
Goodwill and Intangibles 0 0 0 0 0
Total Assets 68,219 713,005 167,118 1,269,676 1,145,529
Liabilities
Account Payables 1,000,975 1,211,533 402,568 56,836 73,224
Short Term Debt 7,757,602 8,018,726 6,253,253 3,985,148 200,839
Total Current Liabilities 8,765,577 9,325,459 6,751,021 4,139,184 299,063
Long Term Debt 3,105 0 36,197 92,197 141,160
Total Liabilities 8,768,682 9,325,459 6,787,218 4,231,381 440,223
Shareholders Equity
Retained Earnings -28,338,606 -26,708,915 -23,638,461 -16,571,505 -2,327,544
Total Shareholders Equity -5,823,315 -5,752,513 -3,792,806 -164,094 1,864,683
Cash Flow Statement (Quarterly) 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Operating Activities
Net Income -1,629,691 -3,070,454 -7,096,639 -15,882,195
Depreciation & Amortization 26,468 52,170 46,900 15,581
Stock Based Compensation 0 0 702,116 3,248,181
Change in Working Capital -166,542 1,232,372 90,995 -52,284
Operating Cash Flow -1,288,505 -1,430,345 -1,174,190 -6,927,249
Investing Activities
Capital Expenditure -1,762 0 -2,567 -19,990
Investments -1,762 0 -2,567 -19,990
Investing Cash Flow -1,762 -8,163 -200,130 -135,346
Financing Activities
Debt Repayment 682,000 2,030,000 -321,036 -4,958,950
Common Stock Issued/Repurchased 0 0 0 2,078,500
Dividends Paid 0 0 0 0
Financing Cash Flow 682,000 2,030,000 370,000 7,166,000
Summary
Free Cash Flow -1,290,267 -1,430,345 -1,176,757 -6,947,239
Net Change in Cash -608,267 591,492 -1,004,320 103,405
Cash Flow Statement (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Operating Activities
Net Income -1,629,691 -3,070,454 -7,096,639 -15,882,195 -1,543,225
Depreciation & Amortization 26,468 52,170 46,900 15,581 0
Stock Based Compensation 0 0 702,116 3,248,181 1,275,703
Change in Working Capital -166,542 1,232,372 90,995 -52,284 -124,440
Operating Cash Flow -1,288,505 -1,430,345 -1,174,190 -6,927,249 -1,012,203
Investing Activities
Capital Expenditure -1,762 0 -2,567 -19,990 0
Investments -1,762 0 -2,567 -19,990 0
Investing Cash Flow -1,762 -8,163 -200,130 -135,346 0
Financing Activities
Debt Repayment 682,000 2,030,000 -321,036 -4,958,950 0
Common Stock Issued/Repurchased 0 0 0 2,078,500 1,648,000
Dividends Paid 0 0 0 0 0
Financing Cash Flow 682,000 2,030,000 370,000 7,166,000 1,935,850
Summary
Free Cash Flow -1,290,267 -1,430,345 -1,176,757 -6,947,239 -1,012,203
Net Change in Cash -608,267 591,492 -1,004,320 103,405 923,647