2022 Q4 Form 10-K Financial Statement
#000147793222007622 Filed on October 13, 2022
Income Statement
Concept | 2022 Q4 | 2022 Q2 | 2022 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $342.5K | $1.369M | $4.868M |
YoY Change | -70.65% | 256.79% | 166.59% |
% of Gross Profit | |||
Research & Development | $0.00 | $59.78K | $5.268M |
YoY Change | -100.0% | -83.98% | 1311.8% |
% of Gross Profit | |||
Depreciation & Amortization | $370.00 | $15.25K | $15.58K |
YoY Change | 362.5% | ||
% of Gross Profit | |||
Operating Expenses | $539.0K | $1.429M | $11.01M |
YoY Change | -87.35% | 88.81% | 400.73% |
Operating Profit | -$539.0K | -$11.01M | |
YoY Change | -87.35% | 400.73% | |
Interest Expense | $0.00 | -$1.674M | $138.9K |
YoY Change | -100.0% | 1742.54% | -143.91% |
% of Operating Profit | |||
Other Income/Expense, Net | -$755.3K | $4.870M | |
YoY Change | -40.36% | 867.46% | |
Pretax Income | -$1.294M | -$3.103M | -$15.88M |
YoY Change | -76.58% | 266.05% | 487.66% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$1.294M | -$3.745M | -$15.88M |
YoY Change | -76.58% | 493.38% | 538.89% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$0.05 | ||
Diluted Earnings Per Share | $0.00 | -$10.36K | -$0.05 |
COMMON SHARES | |||
Basic Shares Outstanding | 366.7M shares | 365.2M shares | 345.2M shares |
Diluted Shares Outstanding | 345.2M shares |
Balance Sheet
Concept | 2022 Q4 | 2022 Q2 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $227.5K | $1.124M | $1.124M |
YoY Change | -89.22% | 16.73% | 16.73% |
Cash & Equivalents | $119.6K | $1.066M | |
Short-Term Investments | $107.9K | $57.68K | $57.68K |
Other Short-Term Assets | $23.07K | $13.30K | $13.30K |
YoY Change | 50.1% | -3.48% | -3.48% |
Inventory | |||
Prepaid Expenses | $10.52K | $756.00 | |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $250.6K | $1.137M | $1.137M |
YoY Change | -88.21% | 16.45% | 16.45% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $6.263K | $4.409K | $132.8K |
YoY Change | 27.63% | -97.39% | -21.55% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $60.00K | $60.00K | |
YoY Change | |||
Other Assets | $10.00K | $10.00K | |
YoY Change | |||
Total Long-Term Assets | $112.5K | $132.8K | $132.8K |
YoY Change | -27.05% | -21.55% | -21.55% |
TOTAL ASSETS | |||
Total Short-Term Assets | $250.6K | $1.137M | $1.137M |
Total Long-Term Assets | $112.5K | $132.8K | $132.8K |
Total Assets | $363.1K | $1.270M | $1.270M |
YoY Change | -84.08% | 10.84% | 10.84% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $158.0K | $56.84K | $56.84K |
YoY Change | 565.37% | -22.37% | -22.37% |
Accrued Expenses | $114.7K | $70.96K | $70.96K |
YoY Change | 282.17% | 183.84% | 4.91% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $5.850M | $3.936M | $3.936M |
YoY Change | 711.31% | 2388.11% | 2388.11% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $6.198M | $4.139M | $4.139M |
YoY Change | 655.35% | 1284.05% | 1284.06% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $66.94K | $92.20K | $92.20K |
YoY Change | -43.07% | -34.68% | -34.68% |
Total Long-Term Liabilities | $66.94K | $92.20K | $92.20K |
YoY Change | -43.07% | -34.68% | -34.68% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $6.198M | $4.139M | $4.139M |
Total Long-Term Liabilities | $66.94K | $92.20K | $92.20K |
Total Liabilities | $6.265M | $4.231M | $1.434M |
YoY Change | 567.81% | 861.19% | -299.37% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$22.67M | -$16.57M | |
YoY Change | 126.01% | 406.74% | |
Common Stock | $3.769K | $3.637K | |
YoY Change | 5.37% | 24.34% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$3.089M | -$164.1K | -$164.1K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $363.1K | $1.270M | $1.270M |
YoY Change | -84.08% | 10.84% | 10.84% |
Cashflow Statement
Concept | 2022 Q4 | 2022 Q2 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.294M | -$3.745M | -$15.88M |
YoY Change | -76.58% | 493.38% | 538.89% |
Depreciation, Depletion And Amortization | $370.00 | $15.25K | $15.58K |
YoY Change | 362.5% | ||
Cash From Operating Activities | -$378.5K | -$512.2K | -$6.927M |
YoY Change | -88.48% | -20.22% | 584.38% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $0.00 | $19.99K |
YoY Change | -100.0% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$115.4K | -$115.4K | |
YoY Change | |||
Cash From Investing Activities | $0.00 | -$115.4K | -$135.3K |
YoY Change | -100.0% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $2.079M | ||
YoY Change | 26.12% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 0.000 | 0.000 | $7.166M |
YoY Change | -100.0% | -100.0% | 270.17% |
NET CHANGE | |||
Cash From Operating Activities | -378.5K | -512.2K | -$6.927M |
Cash From Investing Activities | 0.000 | -115.4K | -$135.3K |
Cash From Financing Activities | 0.000 | 0.000 | $7.166M |
Net Change In Cash | -378.5K | -627.5K | $103.4K |
YoY Change | -120.7% | 15.35% | -88.8% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$378.5K | -$512.2K | -$6.927M |
Capital Expenditures | $0.00 | $0.00 | $19.99K |
Free Cash Flow | -$378.5K | -$512.2K | -$6.947M |
YoY Change | -88.46% | 586.35% |
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|
-2702602 | usd |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
15581 | usd |
CY2021 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
0 | usd |
CY2022 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
3248181 | usd |
CY2021 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
1275703 | usd |
CY2022 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
761954 | usd |
CY2021 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
38332 | usd |
CY2022 | xeri |
Financing Fees1
FinancingFees1
|
178680 | usd |
CY2021 | xeri |
Financing Fees1
FinancingFees1
|
0 | usd |
CY2022 | xeri |
Loss From Joint Venture1
LossFromJointVenture1
|
57678 | usd |
CY2021 | xeri |
Loss From Joint Venture1
LossFromJointVenture1
|
0 | usd |
CY2022 | xeri |
Gain Loss Related To Litigation Settlement1
GainLossRelatedToLitigationSettlement1
|
0 | usd |
CY2021 | xeri |
Gain Loss Related To Litigation Settlement1
GainLossRelatedToLitigationSettlement1
|
-186954 | usd |
CY2022 | xeri |
Amortization Of Debt Premium Discount
AmortizationOfDebtPremiumDiscount
|
4629089 | usd |
CY2021 | xeri |
Amortization Of Debt Premium Discount
AmortizationOfDebtPremiumDiscount
|
303912 | usd |
CY2022 | xeri |
Amortization Of Debt Discount Related Party
AmortizationOfDebtDiscountRelatedParty
|
0 | usd |
CY2021 | xeri |
Amortization Of Debt Discount Related Party
AmortizationOfDebtDiscountRelatedParty
|
5000 | usd |
CY2022 | xeri |
Shares To Be Issued1
SharesToBeIssued1
|
75200 | usd |
CY2021 | xeri |
Shares To Be Issued1
SharesToBeIssued1
|
0 | usd |
CY2022 | xeri |
Operating Lease Right Of Use Assets
OperatingLeaseRightOfUseAssets
|
40867 | usd |
CY2021 | xeri |
Operating Lease Right Of Use Assets
OperatingLeaseRightOfUseAssets
|
-62 | usd |
CY2022 | xeri |
Lease Liabilities
LeaseLiabilities
|
-42643 | usd |
CY2021 | xeri |
Lease Liabilities
LeaseLiabilities
|
0 | usd |
CY2022 | xeri |
Deposits And Prepaids
DepositsAndPrepaids
|
478 | usd |
CY2021 | xeri |
Deposits And Prepaids
DepositsAndPrepaids
|
113 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-12639 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-119553 | usd |
CY2022 | xeri |
Separate Account Liability Period Increase Decrease1
SeparateAccountLiabilityPeriodIncreaseDecrease1
|
-3000 | usd |
CY2021 | xeri |
Separate Account Liability Period Increase Decrease1
SeparateAccountLiabilityPeriodIncreaseDecrease1
|
0 | usd |
CY2022 | xeri |
Accrued Expenses
AccruedExpenses
|
5520 | usd |
CY2021 | xeri |
Accrued Expenses
AccruedExpenses
|
0 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-6927249 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1012203 | usd |
CY2022 | us-gaap |
Increase Decrease Of Restricted Investments
IncreaseDecreaseOfRestrictedInvestments
|
115356 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
19990 | usd |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-135346 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2078500 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1648000 | usd |
CY2022 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
128550 | usd |
CY2021 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
0 | usd |
CY2022 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
4958950 | usd |
CY2021 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
287850 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
7166000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1935850 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
103405 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
923647 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
962540 | usd |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
38893 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1065945 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
962540 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | usd |
CY2022 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | usd |
CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | usd |
CY2022 | xeri |
Conversion Of Convertible Notes Payable And Accrued Interest
ConversionOfConvertibleNotesPayableAndAccruedInterest
|
440995 | usd |
CY2021 | xeri |
Conversion Of Convertible Notes Payable And Accrued Interest
ConversionOfConvertibleNotesPayableAndAccruedInterest
|
187246 | usd |
CY2022 | xeri |
Warrants Issued With Convertible Notes Payable
WarrantsIssuedWithConvertibleNotesPayable
|
2894974 | usd |
CY2021 | xeri |
Warrants Issued With Convertible Notes Payable
WarrantsIssuedWithConvertibleNotesPayable
|
117893 | usd |
CY2022 | xeri |
Beneficial Conversion Feature Arising From Convertible Notes Payable
BeneficialConversionFeatureArisingFromConvertibleNotesPayable
|
2615419 | usd |
CY2021 | xeri |
Beneficial Conversion Feature Arising From Convertible Notes Payable
BeneficialConversionFeatureArisingFromConvertibleNotesPayable
|
171597 | usd |
CY2022Q2 | us-gaap |
Cash
Cash
|
1065945 | usd |
CY2021Q2 | us-gaap |
Cash
Cash
|
962540 | usd |
CY2022Q2 | xeri |
Working Capital
WorkingCapital
|
-3002259 | usd |
CY2021Q2 | xeri |
Working Capital
WorkingCapital
|
677257 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-15882195 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2702602 | usd |
CY2021Q4 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
0.1187 | |
CY2021Q4 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
2777081 | usd |
CY2022Q2 | xeri |
Fair Value Of Beneficial Conversion Feature Associated With Convertible Debt Additional Paid In Capital
FairValueOfBeneficialConversionFeatureAssociatedWithConvertibleDebtAdditionalPaidInCapital
|
2365419 | usd |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The most significant assumptions and estimates relate to the valuation of beneficial conversion features and warrants associated with convertible debt. Actual results could differ from these estimates.</p> | |
CY2020Q3 | xeri |
Stock Issued During Period Share Issued For Services
StockIssuedDuringPeriodShareIssuedForServices
|
4090909 | shares |
CY2020Q3 | xeri |
Payment For Service Performed
PaymentForServicePerformed
|
13500 | usd |
CY2020Q3 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
200454 | usd |
CY2022 | us-gaap |
Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
|
2615419 | usd |
CY2022 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
5267581 | usd |
CY2021 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
373112 | usd |
CY2022 | us-gaap |
Advertising Expense
AdvertisingExpense
|
651567 | usd |
CY2021 | us-gaap |
Advertising Expense
AdvertisingExpense
|
1047120 | usd |
CY2022 | xeri |
Amortization Of Debt Discount
AmortizationOfDebtDiscount
|
4629089 | usd |
CY2021 | xeri |
Amortization Of Debt Discount
AmortizationOfDebtDiscount
|
303942 | usd |
CY2022 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
138943 | usd |
CY2021 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
7409 | usd |
CY2022Q2 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
3936185 | usd |
CY2020Q3 | us-gaap |
Share Price
SharePrice
|
0.049 | |
CY2020Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
186954 | usd |
CY2020Q4 | xeri |
Share Sold During Period
ShareSoldDuringPeriod
|
1700000 | shares |
CY2020Q4 | xeri |
Share Sold During Period Value
ShareSoldDuringPeriodValue
|
25500 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
15882195 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
2702602 | usd |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
345160167 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
225497197 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
345160167 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
225497197 | shares |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.05 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.05 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | |
CY2022 | us-gaap |
Cash Acquired In Excess Of Payments To Acquire Business
CashAcquiredInExcessOfPaymentsToAcquireBusiness
|
811429 | usd |
CY2022 | us-gaap |
Subordinated Borrowing Interest Rate
SubordinatedBorrowingInterestRate
|
0.10 | pure |
CY2022Q2 | us-gaap |
Prepaid Rent
PrepaidRent
|
4659 | usd |
CY2022Q2 | xeri |
Right Of Use Asset Office Lease
RightOfUseAssetOfficeLease
|
220448 | usd |
CY2022Q2 | xeri |
Right Of Use Asset Accumulated Amortization
RightOfUseAssetAccumulatedAmortization
|
-92106 | usd |
CY2022Q2 | xeri |
Operating Lease Right Of Use Assets1
OperatingLeaseRightOfUseAssets1
|
128342 | usd |
CY2022Q2 | xeri |
Office Leas
OfficeLeas
|
141160 | usd |
CY2022Q2 | xeri |
Operating Lease Liability Current Portion
OperatingLeaseLiabilityCurrentPortion
|
-48963 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
92197 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
60392 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
62201 | usd |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
37112 | usd |
CY2022Q2 | xeri |
Lease Liabilities Gross
LeaseLiabilitiesGross
|
159705 | usd |
CY2022Q2 | xeri |
Present Value Discount
PresentValueDiscount
|
-18545 | usd |
CY2022Q2 | xeri |
Operating Lease Liabilities
OperatingLeaseLiabilities
|
141160 | usd |
CY2021Q2 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
158196 | usd |
CY2022Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
6050000 | usd |
CY2021Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
167550 | usd |
CY2022Q2 | xeri |
Less Unamortized Discount
LessUnamortizedDiscount
|
-2113815 | usd |
CY2021Q2 | xeri |
Less Unamortized Discount
LessUnamortizedDiscount
|
-9354 | usd |
CY2022Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
3936185 | usd |
CY2021Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
158196 | usd |
CY2021Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
167550 | usd |
CY2021Q4 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
6050000 | usd |
CY2021Q4 | us-gaap |
Accounts Receivable Purchase
AccountsReceivablePurchase
|
5142500 | usd |
CY2021Q4 | xeri |
Amortization Of Debt Discount
AmortizationOfDebtDiscount
|
907500 | usd |
CY2021Q4 | us-gaap |
Professional Fees
ProfessionalFees
|
433550 | usd |
CY2021Q4 | xeri |
Offering Price Per Share
OfferingPricePerShare
|
0.75 | pure |
CY2021Q4 | xeri |
Aggregate Warrant Issued Of Common Stock
AggregateWarrantIssuedOfCommonStock
|
50968828 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
5000000000 | shares |
CY2022Q2 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
0.00001 | |
CY2022Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
365239001 | shares |
CY2021Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
292815960 | shares |
CY2020Q4 | us-gaap |
Share Price
SharePrice
|
0.015 | |
CY2020Q4 | xeri |
Share Sold During Period
ShareSoldDuringPeriod
|
1700000 | shares |
CY2020Q4 | xeri |
Share Sold During Period Value
ShareSoldDuringPeriodValue
|
25500 | usd |
CY2020Q4 | us-gaap |
Share Price
SharePrice
|
0.015 | |
CY2021Q1 | xeri |
Common Stock Issued For Prior Period Conversions Principal And Interest
CommonStockIssuedForPriorPeriodConversionsPrincipalAndInterest
|
19595442 | shares |
CY2021Q1 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
127150 | usd |
CY2021Q1 | us-gaap |
Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
|
2709 | usd |
CY2021Q1 | xeri |
Share Sold During Period
ShareSoldDuringPeriod
|
12075001 | shares |
CY2021Q1 | xeri |
Share Sold During Period Value
ShareSoldDuringPeriodValue
|
1497000 | usd |
CY2021Q1 | us-gaap |
Share Price
SharePrice
|
0.12 | |
CY2021Q1 | xeri |
Share Sold During Period
ShareSoldDuringPeriod
|
50000 | shares |
CY2021Q1 | xeri |
Share Sold During Period Value
ShareSoldDuringPeriodValue
|
13800 | usd |
CY2021Q1 | us-gaap |
Share Price
SharePrice
|
0.28 | |
CY2021Q2 | xeri |
Common Stock Issued For Prior Period Conversions Principal And Interest
CommonStockIssuedForPriorPeriodConversionsPrincipalAndInterest
|
1014798 | shares |
CY2021Q2 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
30000 | usd |
CY2021Q2 | us-gaap |
Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
|
444 | usd |
CY2021Q2 | xeri |
Share Sold During Period
ShareSoldDuringPeriod
|
833333 | shares |
CY2021Q2 | xeri |
Share Sold During Period Value
ShareSoldDuringPeriodValue
|
100000 | usd |
CY2021Q2 | us-gaap |
Share Price
SharePrice
|
0.12 | |
CY2021Q2 | xeri |
Preferred Stock Share Converted
PreferredStockShareConverted
|
44367 | shares |
CY2021Q2 | xeri |
Common Stock Share Converted
CommonStockShareConverted
|
44366919 | shares |
CY2022 | xeri |
Stock Issued During Period Share Issued For Services
StockIssuedDuringPeriodShareIssuedForServices
|
4685615 | shares |
CY2022 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
761954 | usd |
CY2022Q2 | xeri |
Share Sold During Period
ShareSoldDuringPeriod
|
39366666 | shares |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2078500 | usd |
CY2022 | xeri |
Share Issued For Exchange Conversion
ShareIssuedForExchangeConversion
|
7138000 | shares |
CY2022 | xeri |
Conversion Of Series A Preferred To Common Stocks Shares
ConversionOfSeriesAPreferredToCommonStocksShares
|
7138 | shares |
CY2022 | xeri |
Common Stock Issued For Prior Period Conversions Principal And Interest
CommonStockIssuedForPriorPeriodConversionsPrincipalAndInterest
|
10598544 | shares |
CY2022 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
167550 | usd |
CY2022 | us-gaap |
Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
|
4985 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
535 | usd |
CY2022 | xeri |
Common Stock Share Issued For Conversion
CommonStockShareIssuedForConversion
|
4229680 | shares |
CY2022Q2 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
250000 | usd |
CY2022 | us-gaap |
Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
|
3749 | usd |
CY2022 | xeri |
Additional Common Shares Issued As Financing Costs
AdditionalCommonSharesIssuedAsFinancingCosts
|
845936 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
|
134927 | usd |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
21250000 | shares |
CY2022Q2 | us-gaap |
Share Price
SharePrice
|
0.12 | |
CY2022Q2 | xeri |
Fair Value Of Stock Option
FairValueOfStockOption
|
3964207 | usd |
CY2022 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
3248181 | usd |
CY2022Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
702166 | usd |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
9375000 | shares |
CY2022 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P2Y1M6D | |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
21250000 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.12 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
0 | |
CY2022Q2 | xeri |
Outstanding At Ending
OutstandingAtEnding
|
21250000 | usd |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.12 | |
CY2022 | xeri |
Outstanding At Ending3
OutstandingAtEnding3
|
P2Y1M6D | |
CY2022Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
|
0 | usd |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
9375000 | shares |
CY2022Q2 | xeri |
Outstanding At Ending1
OutstandingAtEnding1
|
0.12 | |
CY2022 | xeri |
Exercisable At Ending3
ExercisableAtEnding3
|
P2Y1M6D | |
CY2022Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
0 | usd |
CY2022 | xeri |
Scheduleofblackscholes Processtabletextblock
ScheduleofblackscholesProcesstabletextblock
|
<table cellpadding="0" style="border-spacing:0;font-size:10pt;width:100%"><tbody><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Quoted market price on valuation date</p></td><td style="width:1%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:9%;vertical-align:bottom;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">$0.169 - $0.23</p></td><td style="width:1%;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Exercise prices</p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:9%;vertical-align:bottom;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">$0.12</p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Range of expected term</p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:9%;vertical-align:bottom;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">1.55 Years – 2.49 Years</p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Range of market volatility:</p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:9%;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Range of equivalent volatility</p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:9%;vertical-align:bottom;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">215.12% - 275.73%</p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Range of interest rates</p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:9%;vertical-align:bottom;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">0.20% - 0.47%</p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"> </p></td></tr></tbody></table> | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
5860409 | usd |
CY2021Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
3237960 | usd |
CY2021Q2 | xeri |
Book To Tax Differences In Intangible Assets
BookToTaxDifferencesInIntangibleAssets
|
0 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
5860409 | usd |
CY2021Q2 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
3237960 | usd |
CY2022Q2 | xeri |
Less Valuation Allowance
LessValuationAllowance
|
-5860409 | usd |
CY2021Q2 | xeri |
Less Valuation Allowance
LessValuationAllowance
|
-3237960 | usd |
CY2022Q2 | xeri |
Total Deferred Income Tax Asset
TotalDeferredIncomeTaxAsset
|
0 | usd |
CY2021Q2 | xeri |
Total Deferred Income Tax Asset
TotalDeferredIncomeTaxAsset
|
0 | usd |