XERI on OTC

XERIANT, INC.

Aircraft company, listed on OTC (XERI). Summary from the record

Price unavailable

Last updated Oct 19, 2026.

Overview

$392.3KNet income, fiscal 2026²

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TickerXERI on OTC¹
IndustryAircraft¹
HeadquartersBoca Raton, Florida¹
Business addressInnovation Centre #1, 3998 Fau Blvd., Suite 309, Boca Raton, Fl 33431³
Filer categoryNon-accelerated filer, Smaller reporting company³

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Xeriant, Inc. (the “Company) is dedicated to the discovery, development, and commercialization of transformative technologies, with a focus on advanced materials that can be successfully integrated and deployed across multiple industrial sectors. Xeriant’s advanced materials line is marketed under the DUREVER™ brand and includes NexBoard™, a high-performance eco-friendly composite construction panel made from recycled plastic and fiber waste, and NexPatch™, its companion fire-resistant joint compound. Both products use the Company’s proprietary fire-retardant technology, called Durazite™. NexBoard™ has shown exceptional resistance to fire, water, mold, insects, cracking, abrasion, compression and puncture, and was designed to become a universal panel to replace products such as drywall, plywood, OSB, MDF, MgO board, cement board and other materials used in construction. Durazite also has…⁴ From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

-$794.8KFree cash flow²

Financial statements

Operating income⁵⁶⁷⁸⁹¹⁰²-$1.1M in 2026+457% since 2019

Net income⁵⁶⁷⁸⁹¹⁰²$392.3K in 2026

Every line of the income statement as filed: the last 2 fiscal years, latest first.²

Period ending	2026-06-30	2025-06-30
Consulting and advisory fees	$293.5K	$328.0K
Related party consulting fees	$296.0K	$438.0K
General and administrative expenses	$185.3K	$309.1K
Professional fees	$183.5K	$221.1K
Research and development expense	$99.9K	$69.3K
Total operating expenses	$1.1M	$1.4M
Loss from operations	-$1.1M	-$1.4M
Amortization of debt discount	-$214.2K	-$51.0K
Interest expense	-$68.5K	-$225.6K
Loss on extinguishment of debt	-$1.1M	-$4.8K
Gain on extinguishment of debt	$2.8M	$0
Total other income (expense), net	$1.5M	-$281.4K
Net income (loss) before income tax expense	$408.2K	-$1.6M
Income tax expense	-$15.9K	$0
Net income (loss)	$392.3K	-$1.6M
Less net loss attributable to noncontrolling interest	$0	-$17.2K
Net income (loss) attributable to common stockholders	$392.3K	-$1.6M
Basic	$0.00	$0.00
Diluted	$0.00	$0.00
Basic	867.8M shares	620.9M shares
Diluted	1.7B shares	620.9M shares

Total assets¹³⁶¹⁴⁸⁹¹⁰²$99.5K in 2026+3184% since 2019

Total liabilities¹³⁶¹⁴⁸⁹¹⁰²$5.0M in 2026+13427% since 2019

Shareholders’ equity⁶¹⁴⁸⁹¹⁰²-$2.0M in 2026+5844% since 2019

Cash⁶¹⁴⁹¹⁰²$87.6K in 2026+2792% since 2019

Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.²

Period ending	2026-06-30	2025-06-30	2024-06-30
Cash	$87.6K	$44.9K	$653.1K
Prepaids	$3.6K	$11.8K
Total current assets	$91.2K	$56.7K
Property & equipment, net	$5.1K	$4.2K
Operating lease right-of-use asset	$3.1K	$7.4K
Total assets	$99.5K	$68.2K
Accounts payable and accrued liabilities	$231.6K	$1.0M
Shares to be issued	$0	$7.0K
Convertible notes payable, net of discount - in default	$754.0K	$7.5M
Convertible notes payable, net of discount	$483.9K	$288.3K
Settlement liability	$3.5M	$0
Taxes payable	$15.9K	$0
Lease liability, current	$3.1K	$4.3K
Total current liabilities	$5.0M	$8.8M
Lease liability, long-term	$0	$3.1K
Total liabilities	$5.0M	$8.8M
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	$10.6K	$7.0K
Common stock to be issued	$101.4K	$97.9K
Additional paid in capital	$25.8M	$22.4M
Accumulated deficit	-$27.9M	-$28.3M
Total stockholders' deficit	-$2.0M	-$5.8M
Non-controlling interest	-$2.9M	-$2.9M
Total stockholders' deficits	-$4.9M	-$8.7M	-$8.6M
Total liabilities and stockholders' deficit	$99.5K	$68.2K
Preferred stock, shares par value	$0.01	$0.01
Preferred stock, shares authorized	100.0M shares	100.0M shares
Common stock, shares par value	$0.00	$0.00
Common stock, shares authorized	5.0B shares	5.0B shares
Common stock, shares issued	1.1B shares	695.7M shares
Common stock, shares outstanding	1.1B shares	695.7M shares

Period ending	2026-06-30	2025-06-30	2024-06-30
Cash	$87.6K	$44.9K	$653.1K
Prepaids	$3.6K	$11.8K
Total current assets	$91.2K	$56.7K
Property & equipment, net	$5.1K	$4.2K
Operating lease right-of-use asset	$3.1K	$7.4K
Total assets	$99.5K	$68.2K
Accounts payable and accrued liabilities	$231.6K	$1.0M
Shares to be issued	$0	$7.0K
Convertible notes payable, net of discount - in default	$754.0K	$7.5M
Convertible notes payable, net of discount	$483.9K	$288.3K
Settlement liability	$3.5M	$0
Taxes payable	$15.9K	$0
Lease liability, current	$3.1K	$4.3K
Total current liabilities	$5.0M	$8.8M
Lease liability, long-term	$0	$3.1K
Total liabilities	$5.0M	$8.8M
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	$10.6K	$7.0K
Common stock to be issued	$101.4K	$97.9K
Additional paid in capital	$25.8M	$22.4M
Accumulated deficit	-$27.9M	-$28.3M
Total stockholders' deficit	-$2.0M	-$5.8M
Non-controlling interest	-$2.9M	-$2.9M
Total stockholders' deficits	-$4.9M	-$8.7M	-$8.6M
Total liabilities and stockholders' deficit	$99.5K	$68.2K
Preferred stock, shares par value	$0.01	$0.01
Preferred stock, shares authorized	100.0M shares	100.0M shares
Common stock, shares par value	$0.00	$0.00
Common stock, shares authorized	5.0B shares	5.0B shares
Common stock, shares issued	1.1B shares	695.7M shares
Common stock, shares outstanding	1.1B shares	695.7M shares

Cash from operations⁵⁶⁷⁸⁹¹⁰²-$791.8K in 2026+2692% since 2019

Capital spending⁷⁸⁹¹⁰²$3.0K in 2026

Free cash flow⁷⁸⁹¹⁰²-$794.8K in 2026−21% since 2021

Every line of the cash flow as filed: the last 2 fiscal years, latest first.²

Period ending	2026-06-30	2025-06-30
Net loss	$392.3K	-$1.6M
Depreciation and amortization	$2.0K	$1.6K
Stock issued for services	$260.0K	$442.6K
Amortization of debt discount	$214.2K	$51.0K
Loss on extinguishment of debt	$1.1M	$4.8K
Gain on extinguishment of debt	-$2.8M	$0
Amortization of right of use asset	$4.3K	$24.9K
Prepaids and deposits	$8.2K	$3.6K
Accounts payable and accrued liabilities	$71.8K	-$53.2K
Accrued liability, related party	$0	-$20.0K
Shares to be issued	-$7.0K	-$68.2K
Taxes payable	$15.9K	$0
Lease liabilities	-$4.3K	-$28.8K
Net cash used in operating activities	-$791.8K	-$1.3M
Purchase of property and equipment	-$3.0K	-$1.8K
Net cash from investing activities	-$3.0K	-$1.8K
Proceeds from convertible bridge loans	$837.5K	$682.0K
Net cash provided by financing activities	$837.5K	$682.0K
Net change in cash	$42.7K	-$608.3K
Cash paid for interest	$0	$0
Cash paid for income taxes	$0	$0
Conversion of convertible notes payable and accrued interest	$1.4M	$1.1M
Warrants issued with convertible notes payable	$358.6K	$35.2K
Stock issued in connection with settlement agreement	$300.0K	$0
Cashless exercise of warrants	$0	$15
Right of use asset	$0	$8.7K
Stock issued for loan extension	$1.1M	$0

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Leadership

Who has led XERIANT, INC., and when. Pick a name to see everywhere that person has worked.

Chief executive

President

Randy S. Bayne2012

201520202025

Chief executive officerBrendan Macpherson Dec 24, 2013 to Jan 9, 2014¹⁵
Chief executive officerBradley W. Miller Feb 17, 2011 to Feb 17, 2011¹⁶
PresidentRandy S. Bayne Apr 6, 2012 to Apr 6, 2012¹⁷

Board members and other officers (7)

Chief Creative OfficerMacpherson Belinda Storelli Dec 24, 2013 to Jan 9, 2014¹⁸
See Remark BelowEman Mark Van Apr 6, 2012 to Apr 6, 2012¹⁹
SecretaryNicole Machelle Stacy Feb 22, 2011 to Feb 22, 2011²⁰
Board memberEdward C. Defeudis Jun 2, 2022 to Jun 2, 2022²¹
Board memberBrendan Macpherson Dec 24, 2013 to Jan 9, 2014¹⁵
Board memberMacpherson Belinda Storelli Dec 24, 2013 to Jan 9, 2014¹⁸
Board memberBradley W. Miller Feb 17, 2011 to Feb 17, 2011¹⁶

Former names

Banjo & Matilda, Inc.Nov 13, 2013 to Sep 29, 2020³
EASTERN WORLD SOLUTIONS, INC.Nov 16, 2012 to Oct 1, 2013³
Encom Group, Inc.Apr 5, 2012 to Nov 15, 2012³
Eastern World Solutions Inc.Jan 25, 2010 to Apr 20, 2012³

Timeline

Dec 24, 2013New chief executive Brendan Macpherson becomes CEO¹⁵
Feb 17, 2011New chief executive Bradley W. Miller becomes CEO¹⁶

Filings

48 filings to the SEC since October 2021: 7 annual reports, 16 quarterly reports, 11 major events, 1 insider forms, 13 other. The latest 20:

Sep 28, 202610-K EDGAR
May 15, 202610-Q EDGAR
Feb 17, 202610-Q EDGAR
Nov 19, 202510-Q EDGAR
Nov 14, 2025NT 10-Q EDGAR
Nov 12, 20258-K EDGAR
Oct 2, 202510-K EDGAR
Sep 29, 2025NT 10-K EDGAR
May 15, 202510-Q EDGAR
Apr 2, 20258-K EDGAR
Feb 14, 202510-Q EDGAR
Jan 23, 20258-K EDGAR
Nov 14, 202410-Q EDGAR
Oct 8, 202410-K EDGAR
Sep 30, 2024NT 10-K EDGAR
Aug 5, 20248-K EDGAR
May 14, 202410-Q EDGAR
Mar 8, 2024SEC STAFF ACTION EDGAR
Feb 14, 202410-Q EDGAR
Dec 12, 20238-K EDGAR

The 48 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

7 open-market trades by officers, directors and large owners since October 2021: 0 buys and 7 sales. Grants, option exercises and gifts are left out.

Date	Who	Trade	Shares	Price	Value	Filing
Mar 24, 2022	DeFeudis Edward C.Director	Sale	75,000	$0.12	$9.0K	Form 4
Mar 23, 2022	DeFeudis Edward C.Director	Sale	41,871	$0.12	$5.0K	Form 4
Mar 22, 2022	DeFeudis Edward C.Director	Sale	50,000	$0.12	$6.0K	Form 4
Mar 18, 2022	DeFeudis Edward C.Director	Sale	15,000	$0.12	$1.8K	Form 4
Mar 15, 2022	DeFeudis Edward C.Director	Sale	75,000	$0.12	$9.0K	Form 4
Mar 14, 2022	DeFeudis Edward C.Director	Sale	60,000	$0.12	$7.2K	Form 4
Mar 10, 2022	DeFeudis Edward C.Director	Sale	15,999	$0.12	$1.9K	Form 4

From Forms 4 filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

Fund	Shares	Value	Share of the fund	Change
Williams Jones Wealth Management, LLC.	150,288	$2.1K	0.0%	No change

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARXERIANT, INC. filings on SEC EDGAR
2
SEC EDGARXERIANT, INC. 10-K for fiscal 2026
3
SEC EDGARXERIANT, INC. filings on SEC EDGAR
4
SEC EDGARXERIANT, INC. annual report, Item 1 (Business)
5
SEC EDGARXERIANT, INC. 10-K for fiscal 2019
6
SEC EDGARXERIANT, INC. 10-K for fiscal 2020
7
SEC EDGARXERIANT, INC. 10-K for fiscal 2021
8
SEC EDGARXERIANT, INC. 10-K for fiscal 2022
9
SEC EDGARXERIANT, INC. 10-K for fiscal 2023
10
SEC EDGARXERIANT, INC. 10-K for fiscal 2024
11
SEC EDGARXERIANT, INC. 10-Q for fiscal 2025
12
SEC EDGARXERIANT, INC. 10-Q for fiscal 2026
13
SEC EDGARXERIANT, INC. 10-K for fiscal 2019
14
SEC EDGARXERIANT, INC. 10-K for fiscal 2021
15
SEC EDGARBrendan Macpherson, Chief executive officer
16
SEC EDGARBradley W. Miller, Chief executive officer
17
SEC EDGARRandy S. Bayne, President
18
SEC EDGARMacpherson Belinda Storelli, Chief Creative Officer
19
SEC EDGAREman Mark Van, See Remark Below
20
SEC EDGARNicole Machelle Stacy, Secretary
21
SEC EDGAREdward C. Defeudis, Board member