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Gain on
extinguishment of debt
$2,743,546
Total other income
(expense)
$2,654,732
Interest expense
$44,783
Amortization of debt discount
$44,031
Net income (loss)
before income tax...
$2,350,657
Loss from operations
-$304,075
Net income (loss)
$2,226,072
Income tax expense
$124,585
Total operating
expenses
$304,075
Net income (loss)
attributable to common...
$2,226,072
Research and development
expense
$53,966
Professional fees
$83,997
General and
administrative expenses
$24,912
Related party
consulting fees
$74,000
Consulting and advisory
fees
$67,200
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Income Statement
source: myfinsight.com
xeri: the income statement
XERIANT, INC. (XERI)
XERIANT, INC. (XERI)