BION ENVIRONMENTAL TECHNOLOGIES INC
For the period ended Mar 31, 2025. Filed May 15, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 15, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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Statement of changes in equity (deficit)
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)
THREE AND NINE MONTHS ENDED MARCH 31, 2025 AND 2024
Three months ended March 31, 2025 and 2024
| Bion's Stockholders' | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Preferred Stock · Series C Preferred Stock · Common Stock · Additional paid-in · Subscription Receivables for · Accumulated · Noncontrolling · Total | |||||||||||
| Shares | Amount | Shares | Amount | Shares | Amount | capital | Shares | deficit | interest | equity/(deficit) | |
| Balances, December 31, 2023 | — | $— | — | $— | 50,611,962 | $— | $132,798,923 | $(504,650) | $(128,700,799) | $37,573 | $3,631,047 |
| Sale of units | — | — | — | — | 190,000 | — | 190,000 | — | — | — | 190,000 |
| Warrants exercised under cashless exercise | — | — | — | — | 5,866,306 | — | — | — | — | — | — |
| Options exercised under cashless exercise | — | — | — | — | 3,661 | — | — | — | — | — | — |
| Issuance of warrants for services | — | — | — | — | 25,770 | — | 30,000 | — | — | — | 30,000 |
| Vesting of options for employees and services | — | — | — | — | — | — | 52,378 | — | — | — | 52,378 |
| Vesting of warrants for employees and services | — | — | — | — | — | — | 3,281 | — | — | — | 3,281 |
| Debt modification | — | — | — | — | — | — | (11,122) | — | — | — | (11,122) |
| Conversion of debt and liabilities | — | — | — | — | 522,231 | — | 49,403 | — | — | — | 49,403 |
| Commission on the sales of units | — | — | — | — | — | — | (14,400) | — | — | — | (14,400) |
| Net Loss | — | — | — | — | — | — | — | — | (538,145) | — | (538,145) |
| Balances, March 31, 2024 | — | $— | — | $— | 57,219,930 | $— | $133,098,463 | $(504,650) | $(129,238,944) | $37,573 | $3,392,442 |
| Balances, December 31, 2024 | — | $— | — | $— | 57,236,479 | $— | $134,469,460 | $(504,650) | $(140,473,767) | $37,573 | $(6,471,384) |
| Issuance of shares for services | — | — | — | — | 149,997 | — | 28,500 | — | — | — | 28,500 |
| Modification of warrants | — | — | — | — | — | — | 178,684 | — | — | — | 178,684 |
| Commission on the sales of units | — | — | — | — | — | — | (5,300) | — | — | — | (5,300) |
| Net loss | — | — | — | — | — | — | — | — | (511,156) | — | (511,156) |
| Balances, March 31, 2025 | — | $— | — | $— | 57,386,476 | $— | $134,671,344 | $(504,650) | $(140,984,923) | $37,573 | $(6,780,656) |
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)
THREE AND NINE MONTHS ENDED MARCH 31, 2025 AND 2024
(CONTINUED)
Nine months ended March 31, 2025 and 2024
| Bion's Stockholders' | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Preferred Stock · Series C Preferred Stock · Common Stock · Additional paid-in · Subscription Receivables for · Accumulated · Noncontrolling · Total | |||||||||||
| Shares | Amount | Shares | Amount | Shares | Amount | capital | Shares | deficit | interest | equity/(deficit) | |
| Balances, July 1, 2023 | — | $— | — | $— | 48,880,237 | $— | 131,935,418 | $(504,650) | $(127,236,663) | $37,573 | $4,231,678 |
| Sale of units | — | — | — | — | 593,589 | — | 610,742 | — | — | — | 610,742 |
| Warrants exercised for common shares | — | — | — | — | 38,000 | — | 28,500 | — | — | — | 28,500 |
| Warrants exercised under cashless exercise | — | — | — | — | 6,131,945 | — | — | — | — | — | — |
| Options exercised under cashless exercise | — | — | — | — | 3,661 | — | — | — | — | — | — |
| Issuance of units for services | — | — | — | — | 82,529 | — | 76,320 | — | — | — | 76,320 |
| Issuance of warrants for services | — | — | — | — | — | — | 35,000 | — | — | — | 35,000 |
| Vesting of options for employees and services | — | — | — | — | — | — | 159,865 | — | — | — | 159,865 |
| Vesting of warrants for employees and services | — | — | — | — | — | — | 9,844 | — | — | — | 9,844 |
| Debt modification | — | — | — | — | — | — | (27,983) | — | — | — | (27,983) |
| Conversion of debt and liabilities | — | — | — | — | 1,489,969 | — | 140,951 | — | — | — | 140,951 |
| Modification of warrants | — | — | — | — | — | — | 150,206 | — | — | — | 150,206 |
| Commission on sale of units | — | — | — | — | — | — | (20,400) | — | — | — | (20,400) |
| Net loss | — | — | — | — | — | — | — | — | (2,002,281) | — | (2,002,281) |
| Balances, March 31, 2024 | — | $— | — | $— | 57,219,930 | $— | $133,098,463 | $(504,650) | $(129,238,944) | $37,573 | $3,392,442 |
| Balances, July 1, 2024 | — | $— | — | $— | 57,227,248 | $— | 133,623,927 | $(504,650) | $(138,927,778) | $37,573 | $(5,770,928) |
| Issuance of units for services | — | — | — | — | 159,228 | — | 34,500 | — | — | — | 34,500 |
| Modification of warrants | — | — | — | — | — | — | 686,089 | — | — | — | 686,089 |
| Modification of options | — | — | — | — | — | — | 332,128 | — | — | — | 332,128 |
| Commission on the sales of units | — | — | — | — | — | — | (5,300) | — | — | — | (5,300) |
| Net loss | — | — | — | — | — | — | — | — | (2,057,145) | — | (2,057,145) |
| Balances, March 31, 2025 | — | $— | — | $— | 57,386,476 | $— | $134,671,344 | $(504,650) | $(140,984,923) | $37,573 | $(6,780,656) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.