XERIANT, INC. (XERI)
Xeriant, Inc., which operates under the name Xeriant Aerospace, is an American holding company focused on aerospace technology and advanced materials. Its core activities involve the acquisition, development, and commercialization of innovative solutions, including hybrid-electric and all-electric aircraft equipped with vertical takeoff and landing (VTOL) capabilities, cutting-edge aerospace technologies designed to boost performance, sophisticated advanced materials, and the essential infrastructure required to support these advancements. Furthermore, Xeriant possesses the patent for 'Halo,' a unique VTOL drone/aircraft concept. The company, initially established in 2009 as Banjo & Matilda, Inc., officially rebranded to Xeriant, Inc. in June 2020. Its corporate headquarters are located in Boca Raton, Florida.
Sector: Aircraft
Industry: Aerospace & Defense
Xeriant, Inc.
OTC:XERIIndustrials · Aerospace & Defense
-2.05%$0.0093
Mkt Cap$10.11M
Float1.05B
O/S1.09B
Inst Own0.0%
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income$392K
Total Assets$99K
Free Cash Flow-$795K
Debt & Equity
Total Debt$1.24M
Total Equity-$2.01M
Preferred Stock$16
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in XERI's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$99K
Liabilities$4.99M
Accounts Receivable$0
Accounts Payable$130K
Inventory$0
PP&E (Net)$8K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $80K | $630K | $2.29M | $2.76M | $2.26M | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | -87.4% | -72.4% | -17.1% | 21.7% | - | - | - | - | - |
| Cost of Revenue | $6K | $26K | $52K | $47K | $16K | $0 | $0 | $0 | $22K | $833K | $2.36M | $1.8M | $1.36M | $0 | $0 | $0 | $0 |
| Gross Profit | -$6K | -$26K | -$52K | -$47K | -$16K | $0 | $0 | $0 | $57K | -$203K | -$77K | $960K | $900K | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | - | - | - | - | - | - | 72.1% | -32.2% | -3.4% | 34.8% | 39.7% | - | - | - | - |
| Research and Development | $100K | $69K | $196K | $0 | $5.27M | $373K | $6K | $8K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $369K | $530K | $1.66M | $2.05M | $5.74M | $1.83M | $356K | $174K | $474K | $845K | $1.39M | $1.69M | $1.14M | $36K | $28K | $37K | $95 |
| Other | $583K | $740K | $0 | $0 | $0 | $0 | $0 | $16K | $1K | $3K | $9K | $7K | $13K | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $1.05M | $1.34M | $1.85M | $2.05M | $11.01M | $2.2M | $363K | $190K | $484K | $925K | $1.4M | $1.69M | $1.16M | $36K | $28K | $37K | $95 |
| Operating Income (EBIT) | -$1.06M | -$1.37M | -$1.91M | -$2.05M | -$11.01M | -$2.2M | -$363K | -$190K | -$466K | -$678K | -$823K | -$1.68M | -$362K | -$36K | -$28K | -$37K | -$95 |
| Operating Margin | - | - | - | - | - | - | - | - | -585.1% | -107.6% | -36.0% | -60.8% | -16.0% | - | - | - | - |
| Interest Expense | $283K | $277K | $1.2M | $472K | $4.81M | $316K | $365K | $278K | $320K | $361K | $281K | $473K | $264K | $0 | $0 | $1K | $30 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $1.47M | -$281K | -$1.2M | -$5.05M | -$4.87M | -$503K | -$337K | $7K | -$372K | -$389K | -$293K | -$328K | -$264K | $0 | $0 | -$1K | -$30 |
| Income Before Tax (EBT) | $408K | -$1.65M | -$3.1M | -$7.1M | -$15.88M | -$2.7M | -$700K | -$450K | -$838K | -$1.07M | -$1.12M | -$2M | -$627K | -$36K | -$28K | -$38K | -$125 |
| Income Tax Expense | $16K | $0 | $0 | $0 | $0 | $0 | $0 | $3.92M | $412K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $392K | -$1.63M | -$3.07M | -$7.07M | -$13.3M | -$2.49M | -$700K | -$4.37M | -$838K | -$1.07M | -$1.12M | -$2M | -$627K | -$36K | -$28K | -$38K | -$125 |
| Net Income Margin | - | - | - | - | - | - | - | - | -1052.4% | -169.3% | -48.8% | -72.7% | -27.7% | - | - | - | - |
| Supplementary Data | |||||||||||||||||
| EPS | 0.00 | -0.00 | -0.01 | -0.02 | -0.04 | -0.01 | -0.02 | -0.06 | -0.01 | -0.02 | -0.02 | -0.03 | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | 0.00 | -0.00 | -0.01 | -0.02 | -0.04 | -0.01 | -0.02 | -0.06 | -0.01 | -0.02 | -0.02 | -0.05 | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 |
| Weighted Average OS | 867.84M | 620.88M | 443.26M | 375.10M | 345.16M | 225.50M | 52.43M | 69.58M | 69.58M | 61.15M | 58.77M | 57.91M | 57.91M | 57.50M | 57.50M | 50.23M | 50.00M |
| EBITDA | -$1.05M | -$1.34M | -$1.85M | -$6.58M | -$11.01M | -$187K | $17K | $8K | -$323K | -$669K | -$814K | -$1.48M | -$349K | -$36K | -$28K | -$37K | -$95 |
| EBITDA Margin | - | - | - | - | - | - | - | - | -405.2% | -106.2% | -35.6% | -53.8% | -15.4% | - | - | - | - |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 |
| Assets | |||||||||||||||||
| Current Assets | |||||||||||||||||
| Cash and Cash Equivalents | $88K | $45K | $653K | $62K | $1.07M | $963K | $39K | $3K | $7K | $4K | $11K | $363K | $33K | $0 | $12K | $38K | $20K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $88K | $45K | $653K | $62K | $1.07M | $963K | $39K | $3K | $7K | $4K | $11K | $363K | $33K | $0 | $12K | $38K | $20K |
| Accounts Receivable | $0 | $0 | $8K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $180K | $333K | $0 | $0 | $2K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18K | $102K | $175K | $630K | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5K | $0 | $1K | $363K | $8K | $0 | $0 | $0 | $0 |
| Total Current Assets | $91K | $57K | $664K | $66K | $1.07M | $976K | $53K | $3K | $19K | $23K | $118K | $1.08M | $1M | $0 | $12K | $40K | $30K |
| Long-Term Assets | |||||||||||||||||
| Property, Plant & Equipment Net | $8K | $12K | $36K | $88K | $133K | $169K | $206K | $0 | $5K | $8K | $12K | $12K | $10K | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $38K | $45K | $63K | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $13K | $13 | $58K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $13K | $13K | $0 | $0 | $0 | $0 | $0 | $31K | $114K | $128K | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $8K | $12K | $49K | $101K | $203K | $169K | $206K | $0 | $5K | $8K | $82K | $171K | $201K | $0 | $0 | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $99K | $68K | $713K | $167K | $1.27M | $1.15M | $259K | $3K | $24K | $30K | $199K | $1.25M | $1.21M | $0 | $12K | $40K | $30K |
| Liabilities | |||||||||||||||||
| Current Liabilities | |||||||||||||||||
| Accounts Payable | $130K | $1M | $1.21M | $403K | $57K | $73K | $28K | $377 | $118K | $580K | $593K | $463K | $340K | $7K | $2K | $1K | $0 |
| Short-Term Debt | $1.24M | $7.76M | $7.98M | $6.2M | $3.94M | $158K | $33K | $35K | $1.53M | $1.56M | $1.11M | $1.23M | $911K | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $16K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $214K | $196K | $168K | $91K | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $20K | $0 | $0 | $0 | $1.67M | $0 | $1.09M | $0 | $245K | $19K | $15K | $0 | $0 | $0 |
| Other Current Liabilities | $3.6M | $3K | $75K | $55K | $75K | $25K | $0 | $0 | $1.19M | $757K | $455K | -$135K | $33K | $0 | -$1K | $0 | $0 |
| Total Current Liabilities | $4.99M | $9K | $9.33M | $6.75M | $4.14M | $299K | $106K | $3K | $4K | $3K | $2.36M | $1.71M | $1.29M | $25K | $3K | $3K | $30K |
| Long-Term Liabilities | |||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $325K | $781K | $123K | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | -$0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $3K | -$0 | $36K | $92K | $141K | $184K | $0 | $0 | -$2.91M | $325K | $781K | $123K | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.91M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $4.99M | $8.77M | $9.33M | $6.79M | $4.23M | $440K | $290K | $3.03M | $4.09M | $3.26M | $2.68M | $2.49M | $1.41M | $25K | $3K | $3K | $30K |
| Stockholders' Equity | |||||||||||||||||
| Preferred Stock | $16 | $17 | $17 | $18 | $18 | $18 | $31 | $10M | $10 | $10 | $10 | $10 | $10 | $0 | $0 | $0 | $0 |
| Common Stock | $11K | $7K | $5K | $4K | $4K | $3K | $696 | $695M | $695 | $695 | $588 | $583 | $279 | $115 | $115 | $115 | $100 |
| Retained Earnings | -$27.95M | -$28.34M | -$26.71M | -$23.64M | -$16.57M | -$2.33M | -$784K | -$10.51M | -$6.12M | -$5.28M | -$4.22M | -$3.1M | -$1.1M | -$101K | -$66K | -$38K | -$125 |
| Comprehensive Income & Other | $101K | $98K | $52K | $52K | $52K | $51K | $372K | $100.01B | $100K | $100K | $100K | $100K | $56K | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $25.92M | $22.51M | $20.95M | $19.84M | $16.4M | $4.19M | $752K | -$687.52M | $2.05M | $2.05M | $1.73M | $1.86M | $893K | $76K | $75K | $75K | $0 |
| Total Equity | -$2.01M | -$5.82M | -$5.75M | -$3.79M | -$164K | $1.86M | -$31K | -$3.03M | -$4.07M | -$3.23M | -$2.48M | -$1.24M | -$204K | -$25K | $9K | $37K | -$25 |
| Minority Interest | -$2.88M | -$2.88M | -$2.86M | -$2.83M | -$2.8M | -$1.16M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.98M | $2.95M | $3.57M | $2.99M | $4.07M | $2.3M | $259K | $0 | $24K | $30K | $199K | $1.25M | $1.21M | $0 | $12K | $40K | $30K |
| Supplementary Data | |||||||||||||||||
| Total Debt | $1.24M | $7.76M | $8.02M | $6.29M | $4.08M | $342K | $254K | $1.25M | $1.53M | $1.56M | $1.43M | $1.79M | $1.03M | $0 | $0 | $0 | $0 |
| Net Debt | $1.15M | $8K | $7.37M | $6.23M | $3.01M | -$621K | $215K | $1K | $1.52M | $1.55M | $1.42M | $1.43M | $1M | $0 | -$12K | -$38K | -$20K |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 |
| Operating Activities | |||||||||||||||||
| Net Income | $392K | -$1.63M | -$3.07M | -$7.1M | -$13.3M | -$2.7M | -$700K | -$4.39M | -$838K | -$1.07M | -$1.12M | -$2M | -$627K | -$36K | -$28K | -$38K | -$125 |
| Depreciation & Amortization | $6K | $26K | $52K | $47K | $56K | $2.2M | $351K | $92K | $2K | $9K | $9K | $7K | $13K | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $4.57M | $0 | -$303.91B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $702K | $3.25M | $1.28M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15K | -$21K | $12K | -$314K | $0 | $2K | -$2K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18K | $84K | $72K | $438K | -$283K | $0 | $0 | $0 | $0 |
| Accounts Payable | $72K | -$53K | $1.29M | $146K | -$13K | -$125K | $5K | $122K | $371K | $170K | $403K | $389K | -$46K | $5K | $0 | $0 | $0 |
| Other Working Capital | $13K | -$113K | -$54K | -$55K | $1K | $113 | $22K | $353K | $275K | $288K | $599K | -$355K | $91K | $0 | $0 | $13K | $0 |
| Total Working Capital Change | $85K | -$167K | $1.23M | $91K | -$11K | -$124K | $27K | $476K | $665K | $557K | $1.05M | $484K | -$552K | $5K | $2K | $11K | -$10K |
| Other Non-Cash Items | -$1.27M | $481K | $356K | $510K | $3.08M | $303.91B | -$28K | $3.79M | $119K | $307K | $284K | $320K | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Operating | -$792K | -$1.29M | -$1.43M | -$1.17M | -$6.93M | -$1.01M | -$350K | -$28K | -$52K | -$193K | $230K | -$1.19M | -$1.17M | -$30K | -$26K | -$27K | -$10K |
| Investing Activities | |||||||||||||||||
| Capital Expenditures | -$3K | -$2K | $0 | -$3K | -$20K | $0 | $0 | $0 | $0 | $0 | -$2K | -$4K | -$33K | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | -$198K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | -$198K | -$115K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | -$8K | $198K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$33K | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$3K | -$2K | -$8K | -$200K | -$135K | $0 | $0 | $0 | $0 | $0 | -$2K | -$4K | -$33K | $0 | $0 | $0 | $0 |
| Financing Activities | |||||||||||||||||
| Debt Repaid | - | - | - | - | -$4.96M | -$288K | -$385K | - | - | -$55K | $50K | -$692K | -$767K | - | - | -$5K | -$30K |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $2.21M | $1.65M | $0 | $50K | $0 | $25K | $0 | $370K | $290K | $0 | $0 | $75K | $100 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$196K | -$47K | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $838K | $682K | $2.03M | $370K | $7.17M | $1.94M | $385K | $28K | $48K | $187K | -$580K | $1.53M | $1.22M | $18K | $0 | $45K | $30K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3K | $0 | $0 | $0 | $0 |
| Net Change in Cash | $43K | -$608K | $591K | -$1M | $103K | $924K | $36K | $0 | -$4K | -$7K | -$352K | $329K | $22K | -$12K | -$26K | $18K | $20K |
| Supplementary Data | |||||||||||||||||
| Operating Cash Flow | -$792K | -$1.29M | -$1.43M | -$1.17M | -$6.93M | -$1.01M | -$350K | -$28K | -$52K | -$193K | $230K | -$1.19M | -$1.17M | -$30K | -$26K | -$27K | -$10K |
| Capital Expenditure | -$3K | -$2K | $0 | -$3K | -$20K | $3 | $0 | $0 | $0 | $0 | -$2K | -$4K | -$33K | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$795K | -$1.29M | -$1.43M | -$1.18M | -$6.95M | -$1.01M | -$350K | -$28K | -$52K | -$193K | $228K | -$1.2M | -$1.2M | -$30K | -$26K | -$27K | -$10K |
| Cash at Beginning | $45K | $653K | $62K | $1.07M | $963K | $39K | $3K | $0 | $4K | $11K | $363K | $33K | $11K | $12K | $38K | $20K | $0 |
| Cash at End | $88K | $45K | $653K | $62K | $1.07M | $963K | $39K | $0 | $0 | $4K | $11K | $363K | $33K | $0 | $12K | $38K | $20K |