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Xeriant Inc

xeriant.com

Xeriant Inc (OTCQB: XERI) is a materials and technology development company focused on advanced composite building materials and aerospace-adjacent technologies. The company's primary product in development is NEXBOARD, a nanotechnology-enhanced composite panel designed as a wood substitute for the construction industry, offering fire resistance, durability, and use of recycled materials. As of the 10-K filed October 2, 2025 (fiscal years ended June 30, 2025 and 2024), Xeriant has not generated sufficient revenues to cover operating costs and carries a going-concern qualification from its auditor, Astra Audit & Advisory. The company has no disclosed revenue model in commercial operation. It has filed a trademark application for NEXBOARD with the U.S. Patent and Trademark Office (August 12, 2022) and is pursuing product certification for the construction industry. Capital formation relies on equity issuances, convertible notes, and exploratory discussions around green bond financing. Two Senior Advisors specializing in nanomaterials were appointed in Q1 2025 to expand the company's advanced materials portfolio.

Products & Services

NEXBOARD: a nanotechnology-enhanced composite construction panel designed to replace wood, available in varying thicknesses and sizes including standard 48 x 96 inch sheets (trademark application filed August 12, 2022). The company also holds access to nanotechnologies targeting performance improvements in asphalt, concrete, plastic composites, fuel, and wildfire suppression, added through Senior Advisor appointments in Q1 2025. Aerospace-related technology development is referenced but no specific product is disclosed.

Revenue Model

No commercial revenue model is operational as of the fiscal year ended June 30, 2025. The company is pre-revenue, funding operations through equity issuances, convertible notes, and stock issued for services. No product sales, licensing fees, or royalty income are disclosed in the filing excerpts.

Customers & Markets

Target end market is the construction industry, specifically as a market for sustainable, fire-resistant wood substitute panels. Aerospace is referenced as a secondary end market interest. No customer contracts, customer counts, or revenue from customers are disclosed in the filing excerpts.

Geographic Exposure

United States. Legal proceedings are filed in U.S. federal courts (Southern District of New York, Second Circuit Court of Appeals). No international operations are disclosed.

Financial Snapshot

Revenue
TTM
$0.00
Gross Margin
Last 4 Quarters
N/A
Net Income
TTM
$1.182M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
0.58%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
-$5.795M
Cash
2026 Q1
P/E
TTM
16.00
Free Cash Flow
TTM
-$400.8K

Stock Price

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Market Cap: $18.91 Million

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