Xeriant Inc. Reports Decreased Net Cash Used in Operations for Fiscal Year Ended June 30, 2025

Reuters
2025/10/03
Xeriant Inc. Reports Decreased Net Cash Used in Operations for Fiscal Year Ended June 30, 2025

For the fiscal year ended June 30, 2025, Xeriant Inc. reported net cash used in operating activities of $1.288 million, compared to $1.430 million used in the previous fiscal year ended June 30, 2024. The change in net cash used was primarily related to a decreased net loss in the prior period of $1.558 million. The company's ability to continue as a going concern is dependent on raising additional capital in the form of equity, debt, or a combination thereof. The unaudited consolidated financial statements do not include adjustments relating to the recoverability and classification of recorded asset amounts or classification of liabilities that might be necessary if the company is unable to continue as a going concern. All estimates and assumptions used in preparing the financial statements are based on historical experience and other factors considered reasonable under the circumstances. Actual results may differ from these estimates depending on changes in assumptions or conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xeriant Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-25-007303), on October 02, 2025, and is solely responsible for the information contained therein.

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