Company: XERI
Filing Date: 2025-10-02
Form Type: 10-K
Source: 0001477932-25-007303
Chunk: 289

Company: XERIANT, INC.
Filing Date: 2025-10-02
Form: 10-K
Item: Item 1C
Chunk 289
---
   -   -   (1,629,691 )  (17,207 )  (1,646,898 )                                             Balance June 30, 2025  664,996  $7   1,000,000  $10   695,746,625  $6,958  $97,900  $22,410,416  $(28,338,606 ) $(2,877,148 ) $(8,700,463 )

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

 F-5Table of Contents

XERIANT, INC. 

CONSOLIDATED STATEMENTS OF CASH FLOWS

  For the years ended   June 30,   2025  2024        Cash Flows from Operating Activities      Net loss $(1,646,898) $(3,103,101)Adjustments to reconcile net loss to net cash used by operating activities:        Depreciation and amortization  1,599   1,512 Stock issued for services  442,626   374,906 Loss 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