Company: XERI
Filing Date: 2025-10-02
Form Type: 10-K
Source: 0001477932-25-007303
Chunk: 339

Company: XERIANT, INC.
Filing Date: 2025-10-02
Form: 10-K
Item: Item 2
Chunk 339
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 the results of which form the basis for making judgments about the carrying value of assets and liabilities which are not readily apparent from other sources. Actual results may differ from these estimates based upon different assumptions or conditions; however, we believe that our estimates are reasonable.

Management is aware that certain changes in accounting estimates employed in generating financial statements can have the effect of making the Company look more or less profitable than it actually is. Management does not believe that the Company has made any such changes in accounting estimates.

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Item 8. Financial Statements and Supplementary Data

XERIANT, INC. 

CONSOLIDATED FINANCIAL STATEMENTS 

JUNE 30, 2025 and 2024

INDEX TO CONSOLIDATED FINANCIAL STATEMENTS

Report of Independent Registered Public Accounting Firm (PCAOB ID # 6920) F-1     Consolidated Balance Sheets as of June 30, 2025 and 2024 F-3   Consolidated Statements of Operations for the Years Ended June 30, 2025 and 2024 F-4   Consolidated Statements of Stockholders’ Deficit for the Years Ended June 30, 2025 and 2024 F-5   Consolidated Statements of Cash Flows for the Years Ended June 30, 2025 and 2024 F-6   Notes to Consolidated Financial Statements F-7 

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To the Board of Directors and

Stockholders of Xeriant, Inc.

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of Xeriant, Inc. (the Company) as of June 30,2025 and 2024, and the related statements of operations, stockholders’ deficit, and cash flows for each of the years in the two-year period ended June 30, 2025, and the related notes (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of June 30, 2025 and 2024, and the results of its operations and its cash flows for each of the years in the two-year period ended June 30, 2025, in conformity with accounting principles generally accepted in the United States of America.

Substantial Doubt about the Company’s Ability to Continue as a Going Concern

The accompanying financial statements have been