Thu, May 15, 4:25 PM (40 days ago)
### Xeriant, Inc. (XERI) Q1 2025 Financial Summary **Overview:** Xeriant, Inc. (XERI) reported a challenging first quarter of 2025, marked by significant financial losses and ongoing operational uncertainties. The company continues to focus on the development and commercialization of advanced materials and aerospace technologies, with a particular emphasis on eco-friendly construction materials under the DUREVER™ brand, including NEXBOARD™. **Financial Performance:** - **Revenue:** XERI reported no revenue for the quarter, consistent with its development-stage status. - **Net Loss:** The company incurred a net loss of $530,268 for the three months ended March 31, 2025, compared to $384,096 in the same period last year, reflecting an increase of $146,172. - **Operating Expenses:** Total operating expenses were $458,918, up from $352,964 in Q1 2024, driven by increased consulting and advisory fees, related party consulting fees, and general administrative expenses. - **Cash Flow:** Operating activities used $1,116,530 in cash, while financing activities provided $517,000, resulting in a net decrease in cash of $599,530. **Profit Margins:** - **Operating Margin:** The operating margin remained negative, reflecting the company's ongoing investment in research and development without corresponding revenue. - **Net Margin:** The net margin was also negative, highlighting the significant losses incurred. **Cash Flow:** - **Operating Cash Flow:** The company used $1,116,530 in cash from operating activities, indicating a continued drain on liquidity. - **Financing Cash Flow:** Financing activities provided $517,000, primarily from the issuance of convertible debt. **Earnings Changes:** - **Quarterly Comparison:** The net loss increased by $146,172 compared to Q1 2024, primarily due to higher consulting and advisory fees. - **Year-to-Date:** For the nine months ended March 31, 2025, the net loss was $1,319,759, a decrease of $613,244 compared to the same period in 2024, largely due to reduced interest expenses related to convertible notes. **Trends and Uncertainties:** - **Operational Challenges:** XERI faces significant operational challenges, including the need to raise additional capital to fund ongoing operations and development projects. - **Legal Issues:** The company is involved in legal proceedings with Auctus Fund LLC and XTI Aircraft Company, which could impact future financial performance and liquidity. - **Market Uncertainties:** The company's ability to commercialize its technologies and generate revenue remains uncertain, dependent on market conditions and successful execution of its business plan. **Future Operations:** - **Funding Strategy:** XERI plans to continue raising capital through equity and debt issuances to support its operations and development projects. - **Technological Development:** The company is focused on advancing its eco-friendly construction materials and aerospace technologies, with ongoing discussions with potential partners and investors. **Conclusion:** Xeriant, Inc. continues to operate in a challenging financial environment, with significant losses and ongoing uncertainties. The company's ability to raise additional capital and successfully commercialize its technologies will be critical to its future success. Investors should closely monitor the company's progress in resolving legal issues, securing funding, and advancing its technological developments.