BION ENVIRONMENTAL TECHNOLOGIES INC

For the period ended Mar 31, 2025. Filed May 15, 2025.

About 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

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Contents

Statements of operations

BION ENVIRONMENTAL TECHNOLOGIES, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

THREE AND NINE MONTHS ENDED MARCH 31, 2025

(UNAUDITED)

Three months ended · Nine months ended
	March 31,		March 31,
	2025	2024	2025	2024
Revenue	$—	$—	$—	$—
Operating expenses:
General and administrative (including stock-based compensation)	474,892	526,644	1,770,545	1,828,917
Depreciation	205	331	695	1,251
Research and development (including stock-based compensation)	5,778	6,144	19,389	21,873
Total operating expenses	480,875	533,119	1,790,629	1,852,041
Loss from operations	(480,875)	(533,119)	(1,790,629)	(1,852,041)
Other (income) expense:
Interest income	(16)	(107)	(48)	(611)
Gain (loss) on disposal of assets	—	972	—	972
Interest expense	34,542	4,161	270,809	149,879
Gain on debt forgiveness	(4,245)	—	(4,245)	—
Total other expense	30,281	5,026	266,516	150,240
Net (loss)	(511,156)	(538,145)	(2,057,145)	(2,002,281)
Net (loss) attributable to the noncontrolling interest	—	—	—	—
Net (loss) applicable to Bion's common stockholders	$(511,156)	$(538,145)	$(2,057,145)	$(2,002,281)
Net (loss) applicable to Bion's common stockholders
per basic and diluted common share	$(0.01)	$(0.01)	$(0.04)	$(0.04)
Weighted-average number of common shares outstanding:
Basic and diluted	56,597,169	54,035,865	56,553,015	50,498,173

ContentsView on SEC.gov

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