Bion Environmental Technologies Inc (BNET) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
PO BOX 323 OLD BETHPAGE, NY 11804 |
| State of Incorp. | CO |
| Fiscal Year End | June 30 |
| Industry (SIC) | 287 - Agricultural Chemicals (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 6/30/2023 | 12/31/2022 MRQ | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,101,450 | 3,160,442 | 4,216,321 | 560,828 | 41,335 | 22,013 | |||
| Cash and cash equivalents | 1,101,450 | 3,160,442 | 4,216,321 | 560,828 | 41,335 | 22,013 | |||
| Receivables | 1,000 | 1,000 | |||||||
| Prepaid expense | 77,488 | 157,550 | 124,049 | 7,965 | 8,005 | 7,474 | |||
| Deposits current assets | 1,000 | 1,000 | 1,000 | 1,000 | |||||
| Total current assets: | 1,179,938 | 3,318,992 | 4,341,370 | 569,793 | 50,340 | 30,487 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 120,058 | 145,787 | ✕ | ✕ | |||||
| Property, plant and equipment | 3,836,097 | 2,895,558 | 541 | 1,368 | 2,616 | 1,448 | |||
| Total noncurrent assets: | 3,956,155 | 3,041,345 | 541 | 1,368 | 2,616 | 1,448 | |||
| TOTAL ASSETS: | 5,136,093 | 6,360,337 | 4,341,911 | 571,161 | 52,956 | 31,935 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 523,277 | 1,360,644 | 570,050 | 628,926 | 715,554 | 719,633 | |||
| Other undisclosed accounts payable and accrued liabilities | 523,277 | 1,360,644 | 570,050 | 628,926 | 715,554 | 719,633 | |||
| Debt | 14,933 | ||||||||
| Deferred compensation liability | 714,222 | 594,798 | 479,208 | 778,217 | 874,162 | 421,641 | |||
| Financial instruments subject to mandatory redemption, settlement terms, share value, amount | 37,400 | 35,400 | 33,400 | ||||||
| Other undisclosed current liabilities | 9,868,495 | 9,585,883 | 9,303,270 | 9,060,383 | |||||
| Total current liabilities: | 1,237,499 | 1,955,442 | 10,955,153 | 11,043,359 | 10,926,386 | 10,201,657 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 5,300,025 | 5,299,474 | 4,793,097 | 4,615,760 | 3,801,168 | 3,525,216 | |||
| Long-term debt, excluding current maturities | 5,300,025 | 5,170,610 | 4,793,097 | 4,615,760 | 3,801,168 | 3,525,216 | |||
| Other undisclosed long-term debt and lease obligation | |||||||||
| Liabilities, other than long-term debt | 135,443 | ||||||||
| Operating lease, liability | 135,443 | 128,864 | ✕ | ✕ | |||||
| Other undisclosed noncurrent liabilities | (128,864) | ||||||||
| Total noncurrent liabilities: | 5,435,468 | 5,299,474 | 4,793,097 | 4,615,760 | 3,801,168 | 3,525,216 | |||
| Total liabilities: | 6,672,967 | 7,254,916 | 15,748,250 | 15,659,119 | 14,727,554 | 13,726,873 | |||
| Equity | |||||||||
| Equity, attributable to parent | (1,574,447) | (932,152) | (11,445,456) | (15,129,860) | (14,724,006) | (13,749,276) | |||
| Common stock, share subscribed but unissued, subscriptions receivable | (504,650) | (504,650) | (504,650) | (504,650) | (504,650) | (174,650) | |||
| Additional paid in capital | 124,627,172 | 123,620,046 | 121,399,067 | 114,266,683 | 110,126,802 | 108,117,330 | |||
| Accumulated deficit | (125,696,969) | (124,047,548) | (132,339,873) | (128,891,893) | (124,346,158) | (121,691,956) | |||
| Equity, attributable to noncontrolling interest | 37,573 | 37,573 | 39,117 | 41,902 | 49,408 | 54,338 | |||
| Total equity: | (1,536,874) | (894,579) | (11,406,339) | (15,087,958) | (14,674,598) | (13,694,938) | |||
| Other undisclosed liabilities and equity | |||||||||
| TOTAL LIABILITIES AND EQUITY: | 5,136,093 | 6,360,337 | 4,341,911 | 571,161 | 52,956 | 31,935 | |||
Income Statement (P&L) (USD)
| 6/30/2023 | 12/31/2022 TTM | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 547 | 5,625 | ||||||
| Net investment income | 4,648 | 5,625 | ||||||
| Cost of revenue | (47,449,824) | |||||||
| Gross profit: | 4,648 | (47,444,199) | ||||||
| Operating expenses | (1,968,757) | (2,550,176) | (2,827,620) | (4,214,773) | (2,246,075) | (3,522,560) | ||
| Other undisclosed operating income (loss) | (4,648) | 47,444,199 | ||||||
| Operating loss: | (1,968,757) | (2,550,176) | (2,827,620) | (4,214,773) | (2,246,075) | (3,522,560) | ||
| Nonoperating income (expense) | 744,397 | (623,145) | (338,468) | (413,057) | 504,576 | |||
| Investment income, nonoperating | ||||||||
| Interest and debt expense | 10,071,760 | 9,932,842 | (623,145) | (466,891) | (413,057) | (360,492) | ||
| Income (loss) from continuing operations: | 8,847,400 | 7,382,666 | (4,073,910) | (5,020,132) | (3,072,189) | (3,378,476) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | 9,662,679 | 7,382,666 | (4,073,910) | (5,020,132) | (3,072,189) | (3,378,476) | |
| Other undisclosed net income (loss) | (10,123,121) | 908,115 | 623,145 | 466,891 | 413,057 | 360,492 | ||
| Net income (loss): | (1,275,721) | 8,290,781 | (3,450,765) | (4,553,241) | (2,659,132) | (3,017,984) | ||
| Net income attributable to noncontrolling interest | 549 | 1,544 | 2,785 | 7,506 | 4,930 | 2,994 | ||
| Other undisclosed net income (loss) attributable to parent | 50,812 | (1,544) | ||||||
| Net income (loss) attributable to parent: | (1,224,360) | 8,290,781 | (3,447,980) | (4,545,735) | (2,654,202) | (3,014,990) | ||
| Other undisclosed net income available to common stockholders, basic | 549 | 1,544 | ||||||
| Net income (loss) available to common stockholders, basic: | (1,223,811) | 8,292,325 | (3,447,980) | (4,545,735) | (2,654,202) | (3,014,990) | ||
| Other undisclosed net income (loss) available to common stockholders, diluted | (325) | |||||||
| Net income (loss) available to common stockholders, diluted: | (1,223,811) | 8,292,000 | (3,447,980) | (4,545,735) | (2,654,202) | (3,014,990) | ||
Comprehensive Income (USD)
| 6/30/2023 | 12/31/2022 TTM | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,275,721) | 8,290,781 | (3,450,765) | (4,553,241) | (2,659,132) | (3,017,984) | ||
| Comprehensive income (loss): | (1,275,721) | 8,290,781 | (3,450,765) | (4,553,241) | (2,659,132) | (3,017,984) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 549 | 1,544 | 2,785 | 7,506 | 4,930 | 2,994 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,275,172) | 8,292,325 | (3,447,980) | (4,545,735) | (2,654,202) | (3,014,990) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.