Xeriant, Inc. 10-Q: $524.85M Assets, $100M Debt
Ticker: XERI · Form: 10-Q · Filed: May 15, 2025 · CIK: 1481504
| Field | Detail |
|---|---|
| Company | Xeriant, Inc. (XERI) |
| Form Type | 10-Q |
| Filed Date | May 15, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, financials, debt, preferred-stock
TL;DR
**XERI 10-Q:** $524.85M assets, $100M debt. Preferred stock & warrants detailed.
AI Summary
Xeriant, Inc. filed its 10-Q for the period ending March 31, 2025. The company, formerly known as Encom Group, Inc., reported significant financial figures, including $524.85 million in total assets and $100 million in long-term debt. The filing also details various classes of preferred stock and warrants.
Why It Matters
This filing provides a snapshot of Xeriant's financial health and capital structure as of Q3 2025, which is crucial for investors assessing the company's stability and future prospects.
Risk Assessment
Risk Level: medium — The company has substantial debt and a complex capital structure involving preferred shares and warrants, indicating potential financial risks.
Key Numbers
- $524.85B — Total Assets (As of March 31, 2025)
- $100.00B — Long-Term Debt (Indicates significant leverage)
- 0.00001 — Earnings Per Share (Basic) (Very low EPS suggests potential dilution or low profitability)
- 0.00001 — Earnings Per Share (Diluted) (Very low EPS suggests potential dilution or low profitability)
- $3,500,000 — Warrants (Represents outstanding warrants)
Key Players & Entities
- XERIANT, INC. (company) — Filer
- Encom Group, Inc. (company) — Former company name
- $524,853,304 (dollar_amount) — Total assets for the period ending March 31, 2025
- $100,000,000 (dollar_amount) — Long-term debt
- March 31, 2025 (date) — End of reporting period
FAQ
What is the total revenue for Xeriant, Inc. for the period ending March 31, 2025?
The provided snippet does not contain specific revenue figures for the period ending March 31, 2025.
How many shares of Series A Preferred Stock were issued as of March 31, 2025?
The filing indicates Series A Preferred Stock shares were outstanding, but the exact number is not detailed in this snippet.
What is the total amount of cash and cash equivalents reported?
The filing snippet does not explicitly state the total amount of cash and cash equivalents.
What is the company's net income or loss for the nine months ended March 31, 2025?
Specific net income or loss figures are not present in the provided data.
What is the maturity date for the $100 million in long-term debt?
The maturity date for the long-term debt is not specified in this excerpt.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 15, 2025 regarding XERIANT, INC. (XERI).