For the quarter ending 2026-03-31, BNET has $71,078 in assets. $6,663,860 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 43,553 | 6,313 | 27,689 | 4,441 |
| Prepaid expenses | 17,496 | 15,864 | 21,845 | 15,602 |
| Deposits and other assets | 10,029 | 12,464 | 5,034 | 9,190 |
| Operating lease right-of-use asset | - | - | - | 0 |
| Total current assets | 71,078 | 34,641 | 54,568 | 29,233 |
| Property and equipment, net (note 3) | 0 | 0 | - | 0 |
| Total assets | 71,078 | 34,641 | 54,568 | 29,233 |
| Operating lease liability, current (note 8) | - | - | - | 0 |
| Accounts payable and accrued expenses | 2,626,928 | 2,654,954 | 2,629,984 | 2,764,769 |
| Deferred compensation (note 4) | 1,254,772 | 1,176,905 | 1,086,612 | 1,173,237 |
| Convertible notes payable - affiliates (note 5) | - | - | - | 1,742,241 |
| Convertible note payable (note 5) | - | - | - | 568,161 |
| Convertible notes payable (note 5) | 1,807,110 | 1,493,930 | 1,314,524 | 0 |
| Convertible bridge note payable (note 5) | 482,206 | 473,256 | 464,106 | 454,957 |
| Note payable - related party (note 5) | 466,521 | 449,463 | 440,213 | 423,053 |
| Demand note payable | 26,323 | 25,713 | 25,089 | - |
| Total current liabilities | 6,663,860 | 6,274,221 | 5,960,528 | 7,126,418 |
| Total liabilities | 6,663,860 | 6,274,221 | 5,960,528 | 7,126,418 |
| Preferred stock, value-Series APreferred Stock | 0 | - | - | 0 |
| Preferred stock, value-Series CPreferred Stock | 0 | - | - | 0 |
| Common stock, no par value, 250,000,000 shares authorized, 58,116,620 and 57,386,476 shares issued, respectively 57,412,311 and 56,682,167 shares outstanding, respectively | 0 | 0 | - | 0 |
| Shares to be issued | 1,540,349 | 1,540,349 | 1,610,349 | - |
| Additional paid-in capital | 134,497,032 | 134,426,650 | 134,335,149 | 134,677,594 |
| Subscription receivable - affiliates (note 7) | 0 | 0 | - | 504,650 |
| Accumulated deficit | -142,667,736 | -142,244,152 | -141,889,031 | -141,307,702 |
| Total bion's stockholders equity (deficit) | -6,630,355 | -6,277,153 | -5,943,533 | -7,134,758 |
| Noncontrolling interest | 37,573 | 37,573 | 37,573 | 37,573 |
| Total equity (deficit) | -6,592,782 | -6,239,580 | -5,905,960 | -7,097,185 |
| Total liabilities and (deficit) | 71,078 | 34,641 | 54,568 | 29,233 |
BION ENVIRONMENTAL TECHNOLOGIES INC (BNET)
BION ENVIRONMENTAL TECHNOLOGIES INC (BNET)