Company: BIVIW
Filing Date: 2025-08-08
Form Type: 424B5
Source: 0001520138-25-000247
Chunk: 165

Company: BIOVIE INC.
Filing Date: 2025-08-08
Form: 424B5
Chunk 165
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09, "Income
Taxes (Topic 740): Improvements in Income Tax Disclosures" to enhance the transparency and decision usefulness of income tax disclosures.
This amendment requires public companies to disclose specific categories in the rate reconciliation and provide additional information
for reconciling items that meet a quantitative threshold. Additionally, under the amendment entities are required to disclose the amount
of income taxes paid disaggregated by federal, state and foreign taxes, as well as disaggregated by material individual jurisdictions.
Finally, the amendment requires entities to disclose income from continuing operations before income tax expense disaggregated between
domestic and foreign and income tax expense from continuing operations disaggregated by federal, state and foreign. The new rules are
effective for annual periods beginning after December 15, 2024. We will adopt this standard on a prospective basis as allowed by the standard.
The adoption of this standard is not expected to have a material impact on our financial statements.

F-13

4. Investments in U.S. Treasury Bills available-for-sale

The following is a summary of the U.S. Treasury Bills
held at June 30, 2023:

| Schedule of U.S. treasury bills held |     | Amortized  
 Cost Basis |            |     | Gross           
 Unrealized Gain |         |     | Gross           
 Unrealized loss |   |     | Fair  
 Value |            |     | Total                                  
 Accumulated Other Comprehensive Income |         |
|:-------------------------------------|:----|:-----------|-----------:|:----|:----------------|--------:|:----|:----------------|:--|:----|:------|-----------:|:----|:---------------------------------------|--------:|
| U.S. Treasury                        
 Bills due in 3 - 6 months            |     | $          | 14,301,136 |     | $               | 176,591 |     | $               | — |     | $     | 14,477,726 |     | $                                      | 176,591 |

During the fiscal year ended June 30, 2023, the Company
purchased a total of approximately $46 million of U.S. Treasury Bills. All outstanding investments in U.S. Treasury Bills available-for-sale
held at June 30, 2023 matured during the three months ended September 30, 2023 and were settled, resulting in a realized gain of $223,865
recorded as a component of interest income on the accompanying statement of operations and comprehensive loss.

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