The Lemonade Splash Variety Pack features four bold new flavors: Classic Agave, Prickly Pear, Hot Honey and Blueberry. Lightly carbonated, gluten free and with 100 calories or less and no more than 3g of sugar per can, Lone River Lemonade Splash is crafted with quality ingredients you can feel good about. And at 4% ABV, it's the perfect option to responsibly enjoy post-adventure. To celebrate the launch, Lone River is proud to announce partnerships with Strava, the world's leading fitness tracking platform ...

Company Name Change and Stock Information - BitNile Metaverse, Inc. changed its name to RiskOn International, Inc. and its ticker from BNMV to ROI, then to ROII in February 2024[373]. - A 1-for-30 reverse stock split was executed on May 4, 2023, reducing authorized shares from 100,000,000 to 3,333,333, later increased to 500,000,000[376]. - Common Stock was suspended from trading on the Nasdaq Capital Market on February 28, 2024, and was formally delisted on June 13, 2024[387]. Financial Performance - Revenue for FY 2024 was $332,425, a significant increase from $0 in FY 2023, as operations for BNS, RiskOn360, and GuyCare commenced in 2023 and 2024[389]. - Gross loss for FY 2024 was $1,841,629, with cost of revenues amounting to $2,174,054, compared to $0 in FY 2023[389][390]. - Total operating expenses rose to $35 million in FY 2024 from $6 million in FY 2023, primarily due to increased selling, general and administrative expenses, and higher salaries[391]. - Net loss from continuing operations decreased to $25 million in FY 2024 from approximately $34 million in FY 2023, attributed to a $40 million increase in other income[393]. - Net cash used in operating activities was $38 million for FY 2024, a decrease from $50 million in FY 2023, mainly due to a reduction in net loss and changes in assets and liabilities[395]. - Net cash provided by financing activities for FY 2024 was $29 million, compared to $14 million in FY 2023, primarily from proceeds of senior secured convertible notes and common stock sales[397]. Capital and Financing - A $6,875,000 senior secured convertible promissory note financing was closed on April 27, 2023, with 2,100,905 warrants issued at an exercise price of $3.28[376]. - The company has the right to direct Arena to purchase up to $100,000,000 of shares of Common Stock over a 36-month term under the ELOC Purchase Agreement[379]. - As of July 12, 2024, cash and cash equivalents stood at $215,727, which is insufficient for planned operations for the next year, indicating a need for additional capital[398]. - The company expects to require substantial additional capital to develop askROI, further develop the Metaverse, and expand GuyCare clinics[401]. - The 2023 senior secured convertible notes had an outstanding principal of $4 million as of April 27, 2024, and are currently in default, accruing interest at 18% per annum[404]. Operational Developments - The Metaverse platform went live on March 1, 2023, allowing users to engage in social networking and purchase products while playing 3D immersive games[374]. - Revenue from RiskOn360 for FY 2024 was $239,839, while GuyCare generated $28,236 in revenue during the same period[414][416]. Impairment and Intangible Assets - The company acquired amortizable intangible assets as part of the BNC asset purchase, consisting of trade names and developed technology, with an original useful life of 15 years[425]. - The company reviews intangible assets for impairment whenever business circumstances indicate that the carrying amount might not be recoverable, considering factors such as significant underperformance and negative industry trends[426]. - An impairment loss is recognized when estimated undiscounted future cash flows from an asset are less than its carrying amount, based on the excess of the carrying value over its fair value[426]. Regulatory and Reporting Changes - In November 2023, the Financial Accounting Standards Board issued ASU 2023-07, requiring public entities to disclose significant expenses of reportable segments on an interim and annual basis, effective for fiscal years beginning after December 15, 2023[427]. - The company elected to early adopt ASU 2023-07, which will enhance segment reporting disclosures[427]. - The company does not discuss recent pronouncements that are not anticipated to impact its financial condition or results of operations[428]. - As a smaller reporting company, the quantitative and qualitative disclosures about market risk section is not applicable[429]. Inflation Impact - The company reported a significant impact from inflation on employee salaries and benefits in 2023 and continuing into 2024[386]. Shareholders' Equity - As of March 31, 2023, shareholders' equity was approximately $(13.9) million, failing to meet Nasdaq's requirement of at least $2.5 million[379]. Results of Operations - The results of operations for the fiscal year ended March 31, 2024, do not include discontinued operations, making period comparisons less meaningful[388].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Securities registered pursuant to Section 12(b) of the Act: Washington, D.C. 20549 Form 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: December 31, 2023 ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number 001-40701 RISKON INTERNATIONAL, INC. (Exact name of registrant as ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number 001-40701 RISKON INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) | Nevada | | 30-0680177 | | --- | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number 001-40701 BITNILE METAVERSE, INC. (Exact name of registrant as specified in its charter) | Nevada | | 30-0680177 | | --- | --- | - ...

Business Transactions - The Company completed the sale of its oil and gas production business to White River Energy Corp for 1,200 shares of WTRV's non-voting Series A Convertible Preferred Stock, convertible into approximately 42,253,521 shares of WTRV's common stock[277]. - The Company sold its transportation business, Banner Midstream, to Wolf Energy Services for 51,987,832 shares of Wolf Energy common stock[277]. - The Company plans to spin-off all common stock of Wolf Energy and White River in calendar year 2023, although regulatory delays may affect this timeline[290]. Financing Activities - The Company raised approximately $3,500,000 through an At-The-Market Issuance Sales Agreement, which has been terminated as of June 16, 2023[280]. - The Company entered into a Securities Purchase Agreement for the issuance of Senior Secured Convertible Notes with an aggregate principal amount of $6,875,000, convertible into shares of common stock[280]. - The Company entered into an ATM Agreement for up to $3,500,000 in proceeds from the sale of common stock[314]. - The company entered into a $10,000,000 credit facility, borrowing $505,181 in the year ended March 31, 2023, and repaid $810,000 during the same period[317]. - On April 27, 2023, the company issued Senior Secured Convertible Notes with an aggregate principal amount of $6,875,000, convertible into common stock[318]. - The Notes bear no interest unless an event of default occurs and have an original issuance discount of $1,375,000, maturing on April 27, 2024[320]. - The Company anticipates requiring additional financing to support operations and repay liabilities, with no assurance of securing such funds[312]. Preferred Stock and Dividends - The Series B and Series C Preferred Stock have a combined stated value of $100,000,000 and are convertible into up to 13,333,333 shares of the Company's common stock, representing approximately 92.4% of the outstanding common stock on a fully-diluted basis[277]. - The Company is required to maintain a reserve of authorized and unissued shares of common stock equal to 200% of the shares of common stock issuable upon conversion of the Preferred Stock, initially 26,666,667 shares[284]. - The Series B holders are entitled to receive dividends at a rate of 5% per annum from issuance until February 7, 2033, with potential increases to 12% in case of default[276][278]. - The Company is subject to various negative covenants, including restrictions on issuing additional shares and incurring indebtedness, as part of the terms of the Series B and Series C Preferred Stock[279]. Financial Performance - The Company had no revenue in FY 2023, compared to $27,182 in FY 2022, as it shifted focus to hosting operations[298]. - Total operating expenses increased to $27,981,218 in FY 2023 from $15,871,208 in FY 2022, primarily due to higher salaries and stock-based compensation[303]. - Net loss from continuing operations for FY 2023 was ($57,534,854), significantly higher than the loss of ($1,222,234) in FY 2022[305]. - As of July 10, 2023, the Company had only $3,492 in cash and cash equivalents, indicating insufficient funds to conduct planned operations for the next year[310]. Revenue Recognition and Operations - Cost of revenues for FY 2023 was $263,954, up from $183,590 in FY 2022, with expectations of further increases as hosting operations commence[302]. - The Company has not yet met its obligations under the MSA with Ault, including raising at least $5,000,000 for initial infrastructure[316]. - The Company’s metaverse operations via BNC launched in March 2023, with no revenues realized from these operations by the fiscal year-end[301]. - Hosting revenues began in September 2022, with a Master Service Agreement signed on December 7, 2022, for cryptocurrency mining[333]. - The company follows ASC 606 for revenue recognition, ensuring revenue reflects the transfer of promised goods or services[324]. - Revenue is recognized when the company satisfies its performance obligation related to the redemption of coins for cash[349]. - The company intends to recognize revenues on a gross basis, treating the percentage of sales paid to Meet Kai as an expense[351]. Accounting and Financial Instruments - The carrying values of the company's financial instruments approximate their fair values due to their short-term nature[354]. - The company does not currently use derivative instruments but may explore hedging oil prices in the current fiscal year[355]. - Recent accounting standards updates are not expected to have a material impact on the company's consolidated financial statements[357][358].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number 001-40701 ECOARK HOLDINGS, INC. (Exact name of registrant as specified in its charter) | Nevada | 30-0680177 | | --- | --- | ...