Company: XERI
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001477932-25-003761
Chunk: 42

Company: XERIANT, INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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            Consulting and advisory fees $141,600  $39,650  $266,720  $193,995 Related party consulting fees  113,500   89,500   364,500   264,000 General and administrative expenses  102,087   68,309   304,153   193,557 Professional fees  71,507   87,981   161,123   212,986 Research and development expense  30,224   67,524   56,800   147,259 Total operating expenses  458,918   352,964   1,153,296   1,011,797                  Loss from operations  (458,918)  (352,964)  (1,153,296)  (1,011,797)                 Other income (expenses):                Amortization of debt discount  (5,197)  (2,569)  (47,471)  (2,569)Interest expense  (66,153)  (28,563)  (179,149)  (895,891)Gain (loss) on extinguishment of debt  -   -   60,157   (20,298)Change in fair value of convertible bridge loans  -   -   -   (2,448)Total other expense, net  (71,350)  (31,132)  (166,463)  (921,206)                 Net loss before income tax expense  (530,268)  (384,096)  (1,319,759)  (1,933,003)                 Income tax expense  -   -   -   -                  Net loss  (530,268)  (384,096)  (1,319,759)  (1,933,003)                 Less net loss attributable to noncontrolling interest  (2,612)  (7,769)  (17,207)  (23,403)                 Net loss attributable to common stockholders $(527,656) $(376,