Company: BIVIW
Filing Date: 2025-08-08
Form Type: 424B5
Source: 0001520138-25-000247
Chunk: 215

Company: BIOVIE INC.
Filing Date: 2025-08-08
Form: 424B5
Chunk 215
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 ended March 31, 2025 and 2024
was approximately $95,000 and $46,000, respectively, which is included in the accompanying condensed statements of operations and comprehensive
loss as a component of selling, general and administrative expenses.

F-40

The right-of-use asset, net and current and non-current
portion of the operating lease liabilities included in the accompanying condensed balance sheets are as follows:

| Schedule of right-of-use asset, net and current and non-current 
 portion of the operating lease liabilities                      |     |   | March 31, 2025 |     |   | June 30, 2024 |
|:----------------------------------------------------------------|:----|:--|---------------:|:----|:--|--------------:|
| Assets                                                          |     |   |                |     |   |               |
| Operating lease right-of-use asset, net                         |     | $ |        357,278 |     | $ |       406,726 |
| Liabilities                                                     |     |   |                |     |   |               |
| Current portion of operating lease liability                    |     | $ |         70,713 |     | $ |        60,343 |
| Operating lease liability, net of current portion               |     |   |        295,717 |     |   |       349,894 |
| Total operating lease liability                                 |     | $ |        366,430 |     | $ |       410,237 |

At March 31, 2025, the future estimated minimum lease payments under non-cancelable
operating leases are as follows:

| Schedule of future estimated minimum lease payments under non-cancelable operating leases |     |   |          |   |
|:------------------------------------------------------------------------------------------|:----|:--|---------:|:--|
| Year ending June 30, 2025 (Remaining 3 months)                                            |     | $ |   30,072 |   |
| 2026                                                                                      |     |   |  122,042 |   |
| 2027                                                                                      |     |   |  126,313 |   |
| 2028                                                                                      |     |   |  130,734 |   |
| 2029                                                                                      |     |   |   77,796 |   |
| Total minimum lease payments                                                              |     |   |  486,957 |   |
| Less amount representing interest                                                         |     |   | (120,