$XERI

XERIANT, INC.

CIK:0001481504|SEC Filings

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Jun. 30, 2026	Jun. 30, 2025
Operating expenses:
Consulting and advisory fees	$ 293,525	$ 327,991
Related party consulting fees	296,000	438,000
General and administrative expenses	185,285	309,107
Professional fees	183,509	221,119
Research and development expense	99,905	69,274
Total operating expenses	1,058,224	1,365,491
Loss from operations	(1,058,224)	(1,365,491)
Other income (expenses):
Amortization of debt discount	(214,194)	(51,006)
Interest expense	(68,525)	(225,566)
Loss on extinguishment of debt	(1,061,176)	(4,835)
Gain on extinguishment of debt	2,810,278	0
Total other income (expense), net	1,466,383	(281,407)
Net income (loss) before income tax expense	408,159	(1,646,898)
Income tax expense	(15,881)	0
Net income (loss)	392,278	(1,646,898)
Less net loss attributable to noncontrolling interest	0	(17,207)
Net income (loss) attributable to common stockholders	$ 392,278	$ (1,629,691)
Basic and diluted earnings per share on net income (loss)
Basic	$ 0.00	$ (0.00)
Diluted	$ 0.00	$ (0.00)
Weighted average shares outstanding
Basic	867,841,393	620,875,226
Diluted	1,730,233,446	620,875,226

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Jun. 30, 2026	Jun. 30, 2025
Cash Flows from Operating Activities
Net loss	$ 392,278	$ (1,646,898)
Adjustments to reconcile net income (loss) to net cash used by operating activities:
Depreciation and amortization	2,010	1,599
Stock issued for services	260,000	442,626
Amortization of debt discount	214,196	51,006
Loss on extinguishment of debt	1,061,176	4,835
Gain on extinguishment of debt	(2,810,278)	0
Amortization of right of use asset	4,280	24,869
Changes in operating assets and liabilities:
Prepaids and deposits	8,207	3,650
Accounts payable and accrued liabilities	71,773	(53,179)
Accrued liability, related party	0	(20,000)
Shares to be issued	(7,000)	(68,200)
Taxes payable	15,881	0
Lease liabilities	(4,279)	(28,813)
Net cash used in operating activities	(791,756)	(1,288,505)
Cash Flows from Investing Activities
Purchase of property and equipment	(3,000)	(1,762)
Net cash from investing activities	(3,000)	(1,762)
Cash Flows from Financing Activities
Proceeds from convertible bridge loans	837,500	682,000
Net cash provided by financing activities	837,500	682,000
Net change in cash	42,744	(608,267)
Cash at beginning of period	44,850	653,117
Cash at end of period	87,594	44,850
Supplemental Cash Flow Information
Cash paid for interest	0	0
Cash paid for income taxes	0	0
Non-cash investing and financing activities:
Conversion of convertible notes payable and accrued interest	1,436,850	1,081,051
Warrants issued with convertible notes payable	358,599	35,212
Stock issued in connection with settlement agreement	300,000	0
Cashless exercise of warrants	0	15
Right of use asset	0	8,719
Stock issued for loan extension	$ 1,061,176	$ 0

CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2026	Jun. 30, 2025
Current assets
Cash	$ 87,594	$ 44,850
Prepaids	3,620	11,827
Total current assets	91,214	56,677
Property & equipment, net	5,148	4,158
Operating lease right-of-use asset	3,105	7,384
Total assets	99,467	68,219
Current liabilities
Accounts payable and accrued liabilities	231,623	1,000,975
Shares to be issued	0	7,000
Convertible notes payable, net of discount - in default	754,000	7,465,000
Convertible notes payable, net of discount	483,918	288,323
Settlement liability	3,500,000	0
Taxes payable	15,881	0
Lease liability, current	3,105	4,279
Total current liabilities	4,988,527	8,765,577
Lease liability, long-term	0	3,105
Total liabilities	4,988,527	8,768,682
Stockholders' deficit
Common stock, $0.00001 par value; 5,000,000,000 shares authorized; 1,059,924,580 and 695,746,625 shares issued and outstanding at June 30, 2026 and 2025, respectively	10,599	6,958
Common stock to be issued	101,400	97,900
Additional paid in capital	25,822,401	22,410,416
Accumulated deficit	(27,946,328)	(28,338,606)
Total stockholders' deficit	(2,011,912)	(5,823,315)
Non-controlling interest	(2,877,148)	(2,877,148)
Total stockholders' deficits	(4,889,060)	(8,700,463)
Total liabilities and stockholders' deficit	99,467	68,219
Series A Preferred Shares [Member]
Stockholders' deficit
Preferred Stock, Value	6	7
Series B Preferred Shares [Member]
Stockholders' deficit
Preferred Stock, Value	$ 10	$ 10