Company: XERI
Filing Date: 2025-10-02
Form Type: 10-K
Source: 0001477932-25-007303
Chunk: 564

Company: XERIANT, INC.
Filing Date: 2025-10-02
Form: 10-K
Item: Item 6
Chunk 564
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 on extinguishment of debt  4,835   20,298 Gain on extinguishment of debt  -   (28,627)Change in fair value of convertible bridge loans  -   2,448 Amortization of debt discount  51,006   19,189 Amortization of right of use asset  24,869   50,658 Changes in operating assets and liabilities:        Prepaids and deposits  3,650   1,598 Accounts payable and accrued liabilities  (53,179)  1,286,773 Accrued liability, related party  (20,000)  - Shares to be issued  (68,200)  - Lease liabilities  (28,813)  (55,999)Net cash from operating activities  (1,288,505)  (1,430,345)         Cash Flows from Investing Activities        Cash issued for notes receivable  -   (139,947)Cash repayments for notes receivable  -   131,784 Purchase of property and equipment  (1,762)  - Net cash from financing activities  (1,762)  (8,163)         Cash Flows from Financing Activities        Proceeds from convertible bridge loans  682,000   2,030,000 Net cash from financing activities  682,000   2,030,000          Net change in cash  (608,267)  591,492          Cash at beginning of period  653,117   61,625          Cash at end of period $44,850  $653,117          Supplemental Cash Flow Information        Cash paid for interest $-  $- Cash paid for income taxes $-  $-          Non-cash investing and financing activities:        Conversion of convertible notes payable and accrued interest $1,081,051  $669,182 Cashless exercise of warrants $15  $- Warrants issued with convertible notes payable $35,212  $66,660 Right of use asset $8,719  $- 

The accompanying notes are an integral part of these consolidated financial statements.