Xeriant, Inc. has reported its financial results for the six months ending December 31, 2025, revealing a net income of $1.93 million, a significant turnaround from a net loss of $789,491 during the same period in 2024. The company attributed this positive outcome primarily to a gain on extinguishment of debt amounting to $2.74 million. However, for the three months ending December 31, 2025, Xeriant recorded a net loss of $297,593, compared to a loss of $417,269 in the prior year. The total operating expenses for the six months were $535,137, down from $694,378 in the previous year, indicating a reduction in costs.
In terms of balance sheet performance, Xeriant's total assets increased to $103,440,000 as of December 31, 2025, up from $68,219,000 at the end of June 2025. Current assets also rose significantly, reaching $94,916,000 compared to $56,677,000 in the prior period. The company’s liabilities decreased to $5,740,484 from $8,768,682, primarily due to the reduction in accounts payable and accrued liabilities. The stockholders' deficit improved to $5,637,044 from $8,700,463, reflecting a positive shift in the company's financial health.
Strategically, Xeriant has focused on the development and commercialization of advanced materials, particularly through its DUREVER™ brand, which includes the eco-friendly NEXBOARD™ composite construction panel. The company has made significant strides in its product development, including the incorporation of nanotechnology to enhance the properties of its materials. Xeriant has also appointed two Senior Advisors with expertise in nanomaterials to bolster its product portfolio. The company is exploring manufacturing opportunities and has engaged in discussions with potential partners for contract manufacturing to meet anticipated demand.
Operationally, Xeriant has seen an increase in its common stock outstanding, rising to 862,763,035 shares as of December 31, 2025, from 695,746,625 shares in June 2025. The company is actively seeking to expand its market presence and is in the process of obtaining necessary certifications for its products. However, the company has acknowledged the need for additional capital to support its operations and growth initiatives, with plans to raise funds through equity and debt financing. The management has expressed that the ability to secure this funding is critical for the company's future operations and growth trajectory.
Looking ahead, Xeriant's management remains cautiously optimistic about the company's prospects, emphasizing the importance of securing financing to support its operational needs and product development. The company is also focused on establishing its manufacturing capabilities to meet market demand for its advanced materials. However, the ongoing need for capital raises concerns about the company's ability to continue as a going concern, as it has incurred net losses since inception and has a working capital deficit. The management's plans include exploring various financing options to ensure the sustainability of its operations.
About XERIANT, INC.
Xeriant, Inc. develops and commercializes advanced, eco-friendly materials and aerospace technologies. Its core focus includes green construction products under the DUREVER brand, such as fire-resistant composite panels made from recycled materials, and next-generation aerospace systems like VTOL aircraft and autonomous drones. The company seeks strategic partnerships, licensing, and acquisitions to accelerate innovation in sustainable building and aerospace markets.
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