Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$1.963M
TTM
Current Assets
Q3 2024
Current Liabilities
Current Ratio
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$8.498M
Q3 2024
Cash
Q3 2024
P/E
-3.690
Nov 29, 2024 EST
Free Cash Flow
-$749.9K
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $0.00 $0.00 $0.00 $0.00 $0.00 $79.67K $630.0K $2.285M $2.760M $2.260M $1.720M
YoY Change -100.0% -87.35% -72.43% -17.2% 22.12% 31.4%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $0.00 $0.00 $0.00 $0.00 $0.00 $79.67K $630.0K $2.285M $2.760M $2.260M $1.720M
Cost Of Revenue $22.20K $193.4K $1.532M $1.800M $1.360M $980.0K
Gross Profit $57.47K $436.6K $753.6K $960.0K $900.0K $750.0K
Gross Profit Margin 72.14% 69.3% 32.97% 34.78% 39.82% 43.6%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Selling, General & Admin $326.0K $4.868M $1.826M $356.4K $173.6K $474.2K $957.4K $1.389M $2.170M $1.140M $530.0K
YoY Change -93.3% 166.59% 412.43% 105.25% -63.39% -50.47% -31.07% -35.99% 90.35% 115.09%
% of Gross Profit 825.09% 219.31% 184.33% 226.04% 126.67% 70.67%
Research & Development $196.4K $0.00 $5.268M $373.1K $6.380K
YoY Change -100.0% 1311.8% 5748.12%
% of Gross Profit
Depreciation & Amortization $0.00 $15.58K $2.140K $9.250K $9.240K $10.00K $10.00K $10.00K
YoY Change -100.0% -76.86% 0.11% -7.6% 0.0% 0.0%
% of Gross Profit 3.72% 2.12% 1.23% 1.04% 1.11% 1.33%
Operating Expenses $1.906M $2.052M $11.01M $2.199M $362.7K $190.0K $483.9K $1.038M $1.547M $2.440M $1.270M $580.0K
YoY Change -7.1% -81.37% 400.73% 506.28% 90.9% -60.73% -53.37% -32.94% -36.59% 92.13% 118.97%
Operating Profit -$1.906M -$2.052M -$11.01M -$2.199M -$426.4K -$601.0K -$793.6K -$1.480M -$370.0K $170.0K
YoY Change -7.1% -81.37% 400.73% -29.05% -24.27% -46.38% 300.0% -317.65%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Interest Expense $1.184M $10.57K $138.9K -$316.4K -$337.7K -$277.5K -$359.8K -$422.5K -$351.0K -$520.0K -$260.0K -$200.0K
YoY Change 11104.67% -92.4% -143.91% -6.31% 21.7% -22.87% -14.84% 20.37% -32.5% 100.0% 30.0%
% of Operating Profit -117.65%
Other Income/Expense, Net -$1.197M -$5.045M $4.870M $503.4K $910.00 $1.010K -$11.70K $28.64K $0.00 $50.00K
YoY Change -76.27% -203.59% 867.46% 55216.59% -108.63% -140.85% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Pretax Income -$7.100M -$15.88M -$2.703M -$699.6K -$449.5K -$838.4K -$1.067M -$1.116M -$2.000M -$630.0K $20.00K
YoY Change -55.3% 487.66% 286.33% 55.62% -46.38% -21.41% -4.41% -44.2% 217.46% -3250.0%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$3.103M -$7.067M -$15.88M -$2.486M -$699.6K -$4.388M -$838.4K -$1.067M -$1.116M -$2.000M -$630.0K $20.00K
YoY Change -56.09% -55.5% 538.89% 255.35% -84.06% 423.39% -21.41% -4.41% -44.2% 217.46% -3250.0%
Net Earnings / Revenue -1052.32% -169.33% -48.83% -72.46% -27.88% 1.16%
Basic Earnings Per Share -$0.05 -$0.01
Diluted Earnings Per Share -$0.02 -$0.05 -$11.02K -$13.34K -$63.06K -$12.05K -$17.44K -$18.99K -$0.05 -$0.03 $0.00

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Cash & Short-Term Investments $60.00K $1.124M $962.5K $38.89K $0.00 $4.490K $11.06K $360.0K $30.00K $10.00K
YoY Change -94.66% 16.73% 2375.03% -100.0% -59.4% -96.93% 1100.0% 200.0%
Cash & Equivalents $0.00 $4.490K $11.06K $360.0K $30.00K $10.00K
Short-Term Investments $57.68K
Other Short-Term Assets $0.00 $13.30K $13.78K $13.89K $0.00 $18.50K $0.00 $1.150K $360.0K $10.00K $80.00K
YoY Change -100.0% -3.48% -0.79% -100.0% -100.0% -99.68% 3500.0% -87.5%
Inventory $0.00 $18.44K $102.4K $170.0K $630.0K $330.0K
Prepaid Expenses
Receivables $0.00 $2.870K $180.0K $330.0K $10.00K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $70.00K $1.137M $976.3K $52.79K $0.00 $18.50K $22.93K $117.5K $1.080M $1.000M $430.0K
YoY Change -93.84% 16.45% 1749.44% -100.0% -19.32% -80.49% -89.12% 8.0% 132.56%
Property, Plant & Equipment $90.00K $132.8K $169.2K $206.1K $5.390K $7.530K $11.98K $10.00K $10.00K $10.00K
YoY Change -32.2% -21.55% -17.9% -28.42% -37.15% 19.8% 0.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $60.00K
YoY Change -100.0%
Other Assets $10.00K $10.00K $31.41K $50.00K
YoY Change 0.0% -37.18%
Total Long-Term Assets $100.0K $132.8K $169.2K $206.1K $0.00 $5.390K $7.530K $81.65K $170.0K $210.0K $190.0K
YoY Change -24.67% -21.55% -17.9% -100.0% -28.42% -90.78% -51.97% -19.05% 10.53%
Total Assets $170.0K $1.270M $1.146M $258.9K $0.00 $23.89K $30.46K $199.2K $1.250M $1.210M $620.0K
YoY Change
Accounts Payable $400.0K $56.84K $73.22K $27.62K $105.7K $1.595M $1.179M $1.009M $630.0K $360.0K $400.0K
YoY Change 603.73% -22.37% 165.1% -73.87% -93.37% 35.27% 16.87% 60.12% 75.0% -10.0%
Accrued Expenses $80.00K $70.96K $67.64K $45.96K $1.425M $708.7K $523.3K $236.4K $70.00K $10.00K $10.00K
YoY Change 12.74% 4.91% 47.17% -96.77% 101.01% 35.44% 121.35% 237.71% 600.0% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $6.200M $3.936M $158.2K $32.73K $615.7K $455.1K $562.6K $557.9K $0.00 $0.00 $0.00
YoY Change 57.51% 2388.11% 383.35% -94.68% 35.3% -19.11% 0.84%
Long-Term Debt Due $637.1K $1.086M $998.4K $555.8K $1.010M $640.0K $90.00K
YoY Change -41.36% 8.82% 79.62% -44.97% 57.81% 611.11%
Total Short-Term Liabilities $6.750M $4.139M $299.1K $106.3K $3.033M $4.095M $3.263M $2.359M $1.710M $1.290M $500.0K
YoY Change 63.08% 1284.06% 181.28% -96.49% -25.93% 25.49% 38.34% 37.95% 32.56% 158.0%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $325.1K $780.0K $120.0K $290.0K
YoY Change -100.0% -58.32% 550.0% -58.62%
Other Long-Term Liabilities $40.00K $92.20K $141.2K $183.8K
YoY Change -56.62% -34.68% -23.2%
Total Long-Term Liabilities $40.00K $92.20K $141.2K $183.8K $0.00 $0.00 $0.00 $325.1K $780.0K $120.0K $290.0K
YoY Change -56.62% -34.68% -23.2% -100.0% -58.32% 550.0% -58.62%
Total Liabilities $3.960M $1.434M -$719.2K $290.1K $3.033M $4.095M $3.263M $2.684M $2.490M $1.410M $800.0K
YoY Change 176.19% -299.37% -347.88% -90.43% -25.93% 25.49% 21.58% 7.79% 76.6% 76.25%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Basic Shares Outstanding 345.2M shares 225.5M shares
Diluted Shares Outstanding 345.2M shares 225.5M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $7.2433 Million

About XERIANT, INC.

Xeriant, Inc. is an aircraft design and development company, which engages in the acquisition, development, and proliferation of next generation hybrid-electric and fully electric aircraft with vertical takeoff and landing capabilities, performance enhancing aerospace technologies and advanced materials, as well as critical support infrastructure. The company is headquartered in Boca Raton, Florida. The company went IPO on 2011-02-09. The firm is focused on the development and commercialization of eco-friendly advanced materials which have applications across a broad range of industries. Its advanced materials line will be marketed under the DUREVER brand, and includes NEXBOARD, an eco-friendly, patent-pending composite building panel made from plastic and cellulose waste and a proprietary flame retardant, primarily designed to be a replacement for traditional building materials such as drywall, plywood, OSB, MDF, MgO board and other materials used in construction. Its Technology focus include Powered Lift Aircraft, Unmanned Aerial Systems, Urban Air Mobility, Propulsion Systems, Advanced Materials, and Artificial Intelligence.

Industry: Aircraft Peers: AIR INDUSTRIES GROUP ASTROTECH Corp CPI AEROSTRUCTURES INC GLOBAL DIGITAL SOLUTIONS INC NextTrip, Inc. GRESHAM WORLDWIDE, INC. Optex Systems Holdings Inc RTX Corp SIFCO INDUSTRIES INC