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XERI (Xeriant) Intangible Assets : $0.00 Mil (As of Dec. 2024)


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What is Xeriant Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Xeriant's intangible assets for the quarter that ended in Dec. 2024 was $0.00 Mil.


Xeriant Intangible Assets Historical Data

The historical data trend for Xeriant's Intangible Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Xeriant Intangible Assets Chart

Xeriant Annual Data
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Intangible Assets
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Xeriant Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Xeriant Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


Xeriant  (OTCPK:XERI) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Xeriant Intangible Assets Related Terms

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Xeriant Business Description

Traded in Other Exchanges
N/A
Address
3998 FAU Boulevard, Suite 309, Innovation Centre No.1, Boca Raton, FL, USA, 33431
Xeriant Inc is a holding and operating company focused on acquiring, developing, and commercializing revolutionary, eco-friendly technologies with applications in aerospace, including innovative aircraft concepts targeting emerging opportunities within the aviation industry. In 2019, Xeriant acquired a unique, scalable, multi-purpose VTOL aerial platform called Halo, which is protected under a broad utility patent. Xeriant is located at the Research Park at Florida Atlantic University in Boca Raton, Florida adjacent to the Boca Raton Airport.
Executives
Edward C. Defeudis director 604 ARIZONA AVENUE, SANTA MONICA CA 90401
Brendan Macpherson director, 10 percent owner, officer: Chief Executive Officer 76 WILLIAM ST, PADDINGTON C3 2021
Macpherson Belinda Storelli director, 10 percent owner, officer: Chief Creative Officer 76 WILLIAM ST., PADDINGTON C3 2021
Raymond Key 10 percent owner 396 FRANKTON-LADIES MILE HIGHWAY, QUEENSTOWN Q2 9304
Richard C Fox director, officer: Interim CEO: Interim CFO 131 COURT ST. #11, EXETER NH 03833
Randy S Bayne officer: President, Encom Group, Inc.
Aqmen Family Holdings, Llc 10 percent owner 13403 OAK ALLEY LANE, CYPRESS TX 77429
Eman Mark Van 10 percent owner, officer: See Remark Below 13403 OAK ALLEY LANE, CYPRESS TX 77429
Bradley W Miller director, 10 percent owner, officer: CEO BLOCK C FLAT 410, LOTUS HILL GOLF APTS., LOTUS HILL TOWN, PANYU DISTRICT, GUANGZHOU F4 511440
Nicole Machelle Stacy officer: Secretary 3330 EAST 36TH, APT. #18, TULSA OK 74035