$AVAI
AVANT TECHNOLOGIES INC. Stock $avai

$avai Overview Financials Valuation SEC Filings Company Website

2022 Q4 Form 10-Q Financial Statement

#000174079722000016 Filed on November 10, 2022

Income Statement

Concept	2022 Q4	2022 Q3	2021 Q3
Revenue	$142.4K	$6.590K	$58.77K
YoY Change	262.47%	-88.79%	-83.43%
Cost Of Revenue	$213.9K		$152.2K
YoY Change	-35.42%		-43.04%
Gross Profit	$71.54K	$6.592K	-$93.44K
YoY Change	-124.5%	-107.05%	-206.92%
Gross Profit Margin	50.24%	100.03%	-158.99%
Selling, General & Admin	$45.89K	$86.53K	$115.6K
YoY Change	-76.67%	-25.15%	403.27%
% of Gross Profit	64.15%	1312.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.820K	$3.830K	$13.69K
YoY Change	-215.41%	-72.02%	-3.93%
% of Gross Profit	5.34%	58.1%
Operating Expenses	$49.72K	$90.35K	$129.6K
YoY Change	-76.4%	-30.29%	250.14%
Operating Profit	$110.5K	$83.76K	-$223.1K
YoY Change	-121.98%	-137.55%	-542.84%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net	$10.78K	$0.00	$56.74K
YoY Change	-92.97%	-100.0%	62944.44%
Pretax Income	-$110.5K	-$83.76K	-$166.3K
YoY Change	-68.38%	-49.64%	-429.61%
Income Tax			$0.00
% Of Pretax Income
Net Earnings	-$110.5K	-$83.76K	-$166.3K
YoY Change	-68.38%	-49.64%	-429.61%
Net Earnings / Revenue	-77.59%	-1271.05%	-283.0%
Basic Earnings Per Share	$0.00	$0.00	$0.00
Diluted Earnings Per Share	$0.00	-$3.183K	-$6.328K
COMMON SHARES
Basic Shares Outstanding	32.23M shares	32.23M shares	26.28M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2022 Q4	2022 Q3	2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$18.81K	$3.890K	$8.530K
YoY Change	310.7%	-54.4%	-48.83%
Cash & Equivalents	$18.81K	$3.891K	$8.530K
Short-Term Investments
Other Short-Term Assets	$1.610K	$57.15K	$155.5K
YoY Change	-97.91%	-63.24%	-13.27%
Inventory
Prepaid Expenses	$1.505K	$57.05K
Receivables	$64.44K	$6.644K	$61.36K
Other Receivables	$62.32K	$129.4K	$306.7K
Total Short-Term Assets	$147.2K	$197.1K	$532.1K
YoY Change	-49.49%	-62.95%	16.8%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.500K	$1.500K	$18.61K
YoY Change	200.0%	-91.94%	-33.03%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets			$0.00
YoY Change			-100.0%
Total Long-Term Assets	$137.7K	$141.5K	$165.7K
YoY Change	1.46%	-14.59%	-26.12%
TOTAL ASSETS
Total Short-Term Assets	$147.2K	$197.1K	$532.1K
Total Long-Term Assets	$137.7K	$141.5K	$165.7K
Total Assets	$284.9K	$338.6K	$697.8K
YoY Change	-33.3%	-51.47%	2.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$87.00K	$67.72K	$33.17K
YoY Change	425.05%	104.16%	-57.24%
Accrued Expenses	$10.09K	$1.729K	$143.7K
YoY Change	-93.75%	-98.8%	618.04%
Deferred Revenue
YoY Change
Short-Term Debt	$506.8K	$524.7K	$546.2K
YoY Change	-23.91%	-3.93%	12.49%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$824.4K	$758.5K	$763.8K
YoY Change	-2.33%	-0.7%	25.91%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00	$0.00	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$824.4K	$758.5K	$763.8K
Total Long-Term Liabilities	$0.00	$0.00	$0.00
Total Liabilities	$824.4K	$758.5K	$763.8K
YoY Change	-2.33%	-0.7%	25.91%
SHAREHOLDERS EQUITY
Retained Earnings	$719.8K	$609.4K
YoY Change
Common Stock	$32.23K	$32.23K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$539.5K	-$419.8K	-$66.02K
YoY Change
Total Liabilities & Shareholders Equity	$284.9K	$338.6K	$697.8K
YoY Change	-33.3%	-51.47%	2.64%

Cashflow Statement

Concept	2022 Q4	2022 Q3	2021 Q3
OPERATING ACTIVITIES
Net Income	-$110.5K	-$83.76K	-$166.3K
YoY Change	-68.38%	-49.64%	-429.61%
Depreciation, Depletion And Amortization	$3.820K	$3.830K	$13.69K
YoY Change	-215.41%	-72.02%	-3.93%
Cash From Operating Activities	$32.59K	-$109.2K	-$177.8K
YoY Change	-108.24%	-38.6%	70.11%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	$430.00
YoY Change	-100.0%	-100.0%	-130.07%
Cash From Investing Activities	$0.00	$0.00	$850.00
YoY Change	-100.0%	-100.0%	-159.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			-$20.00
YoY Change			-101.71%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-17.66K	90.57K	166.4K
YoY Change	-104.93%	-45.58%	51.61%
NET CHANGE
Cash From Operating Activities	32.59K	-109.2K	-177.8K
Cash From Investing Activities	0.000	0.000	850.0
Cash From Financing Activities	-17.66K	90.57K	166.4K
Net Change In Cash	14.93K	-18.58K	-10.48K
YoY Change	-479.9%	77.29%	-372.21%
FREE CASH FLOW
Cash From Operating Activities	$32.59K	-$109.2K	-$177.8K
Capital Expenditures	$0.00	$0.00
Free Cash Flow	$32.59K	-$109.2K
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Entity Central Index Key EntityCentralIndexKey	0001740797
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--03-31
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
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CY2022Q3	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold		usd
CY2022Q3	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet		usd
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	us-gaap	Increase Decrease In Prepaid Taxes IncreaseDecreaseInPrepaidTaxes		usd
	tren	Development Chatbot DevelopmentChatbot		usd
	tren	Mobileapp Mobileapp		usd
	tren	Vehicles Acquisition VehiclesAcquisition		usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock		usd
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-09-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	333-225433
	dei	Entity Registrant Name EntityRegistrantName	TREND INNOVATIONS HOLDING INC.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	38-4053064
	dei	Entity Address Address Line1 EntityAddressAddressLine1	44A Gedimino avenue
	dei	Entity Address City Or Town EntityAddressCityOrTown	Vilnius
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	01110
	dei	Entity Address Country EntityAddressCountry	LT
	dei	City Area Code CityAreaCode	(540)
	dei	Local Phone Number LocalPhoneNumber	495-0016
	dei	Contact Personnel Email Address ContactPersonnelEmailAddress	[email protected]
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
	dei	Entity Shell Company EntityShellCompany	false
CY2022Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	32231083	shares
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3891	usd
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CY2022Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	57051	usd
CY2022Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	126162	usd
CY2022Q3	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	129428	usd
CY2022Q1	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	167558	usd
CY2022Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	6644	usd
CY2022Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	3765	usd
CY2022Q3	us-gaap	Prepaid Rent PrepaidRent	97	usd
CY2022Q1	us-gaap	Prepaid Rent PrepaidRent	98	usd
CY2022Q3	us-gaap	Assets Current AssetsCurrent	197111	usd
CY2022Q1	us-gaap	Assets Current AssetsCurrent	330872	usd
CY2022Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1225	usd
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CY2022Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1500	usd
CY2022Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1500	usd
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CY2022Q3	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	187106	usd
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CY2022Q3	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	169500	usd
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CY2022Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	609375	usd
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	us-gaap	Proceeds From Customers ProceedsFromCustomers	133949	usd
	us-gaap	Proceeds From Customers ProceedsFromCustomers	816785	usd
CY2022Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	6592	usd
CY2021Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	58770	usd
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	us-gaap	Gross Profit GrossProfit	31083	usd
	us-gaap	Gross Profit GrossProfit	449464	usd
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	us-gaap	Operating Income Loss OperatingIncomeLoss	113524	usd
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	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	28623	usd
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CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
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CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26316083	shares
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CY2021Q1	us-gaap	Shares Issued SharesIssued	26281600	shares
CY2021Q1	us-gaap	Preferred Stock Value Outstanding PreferredStockValueOutstanding	5000000	usd
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	-327413	usd
CY2021Q2	us-gaap	Finite Lived Intangible Assets Translation And Purchase Accounting Adjustments FiniteLivedIntangibleAssetsTranslationAndPurchaseAccountingAdjustments	-1654	usd
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	396328	usd
CY2021Q2	us-gaap	Shares Issued SharesIssued	26281600	shares
CY2021Q2	us-gaap	Preferred Stock Value Outstanding PreferredStockValueOutstanding	5000000	usd
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	67261	usd
CY2021Q3	us-gaap	Conversion Of Stock Description ConversionOfStockDescription	34,483
CY2021Q3	us-gaap	Conversion Of Stock New Issuance ConversionOfStockNewIssuance	60,000
CY2021Q3	us-gaap	Finite Lived Intangible Assets Translation And Purchase Accounting Adjustments FiniteLivedIntangibleAssetsTranslationAndPurchaseAccountingAdjustments	-26967	usd
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	-166316	usd
CY2021Q3	us-gaap	Shares Issued SharesIssued	26281600	shares
CY2021Q3	us-gaap	Preferred Stock Value Outstanding PreferredStockValueOutstanding	5000000	usd
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	-66022	usd
CY2022Q1	us-gaap	Shares Outstanding SharesOutstanding	26316083	shares
CY2022Q1	us-gaap	Preferred Stock Share Subscriptions PreferredStockShareSubscriptions	5000000	shares
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	-405561	usd
CY2022Q2	us-gaap	Finite Lived Intangible Assets Translation And Purchase Accounting Adjustments FiniteLivedIntangibleAssetsTranslationAndPurchaseAccountingAdjustments	-4694	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-29762	usd
CY2022Q2	us-gaap	Shares Outstanding SharesOutstanding	26316083	shares
CY2022Q2	us-gaap	Preferred Stock Share Subscriptions PreferredStockShareSubscriptions	5000000	shares
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	-440017	usd
CY2022Q3	us-gaap	Conversion Of Stock Description ConversionOfStockDescription	5,915,000
CY2022Q3	us-gaap	Conversion Of Stock New Issuance ConversionOfStockNewIssuance	91,500
CY2022Q3	us-gaap	Partners Capital Account Contributions PartnersCapitalAccountContributions	1499	usd
CY2022Q3	us-gaap	Finite Lived Intangible Assets Translation And Purchase Accounting Adjustments FiniteLivedIntangibleAssetsTranslationAndPurchaseAccountingAdjustments	10955	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	-83762	usd
CY2022Q3	us-gaap	Shares Outstanding SharesOutstanding	32231083	shares
CY2022Q3	us-gaap	Preferred Stock Share Subscriptions PreferredStockShareSubscriptions	5000000	shares
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	-419825	usd
	us-gaap	Net Investment Income NetInvestmentIncome	113524	usd
	us-gaap	Net Investment Income NetInvestmentIncome	-230012	usd
	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	6452	usd
	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	-28623	usd
	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Period Increase Decrease AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease	15767	usd
	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Period Increase Decrease AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease	27901	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-65735	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	237749	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2879	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-2266	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-1088	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	1797	usd
	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	31500	usd
	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	-68158	usd
	us-gaap	Increase Decrease In Deferred Charges IncreaseDecreaseInDeferredCharges	1938	usd
	us-gaap	Loans And Leases Receivable Related Parties Period Increase Decrease LoansAndLeasesReceivableRelatedPartiesPeriodIncreaseDecrease	-38130	usd
	us-gaap	Loans And Leases Receivable Related Parties Period Increase Decrease LoansAndLeasesReceivableRelatedPartiesPeriodIncreaseDecrease	15355	usd
	tren	Retainersfrom Retainersfrom	59755	usd
	tren	Retainersfrom Retainersfrom	334423	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	69111	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	54854	usd
	us-gaap	Increase Decrease In Prepaid Taxes IncreaseDecreaseInPrepaidTaxes	5288	usd
	us-gaap	Increase Decrease In Prepaid Rent IncreaseDecreaseInPrepaidRent	-1	usd
	us-gaap	Increase Decrease In Prepaid Rent IncreaseDecreaseInPrepaidRent	104	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	13550	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	234616	usd
	tren	Development Chatbot DevelopmentChatbot	4060	usd
	tren	Mobileapp Mobileapp	29450	usd
	tren	Vehicles Acquisition VehiclesAcquisition	-434	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	33510	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-434	usd
	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	86893	usd
	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	15	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	5915	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	29398	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	51839	usd
CY2022Q1	us-gaap	Cash Cash	33289	usd
	us-gaap	Loans And Leases Receivable Related Parties Proceeds LoansAndLeasesReceivableRelatedPartiesProceeds	32168	usd
	us-gaap	Loans And Leases Receivable Related Parties Proceeds LoansAndLeasesReceivableRelatedPartiesProceeds	182432	usd
	us-gaap	Increase Decrease In Notes Payable Related Parties IncreaseDecreaseInNotesPayableRelatedParties	107314	usd
	us-gaap	Increase Decrease In Notes Payable Related Parties IncreaseDecreaseInNotesPayableRelatedParties	89	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	17662	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	182343	usd
CY2021Q1	us-gaap	Cash Cash	60364	usd
CY2022Q3	us-gaap	Cash Cash	3891	usd
CY2021Q3	us-gaap	Cash Cash	8525	usd
	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_849_eus-gaap--UseOfEstimates_za2lG6aN0C55" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><span id="xdx_86D_zizauKs6If32">Use of Estimates</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3891	usd
CY2022Q3	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	57051	usd
CY2022Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	126162	usd
	us-gaap	Property Plant And Equipment Preproduction Design And Development Costs PropertyPlantAndEquipmentPreproductionDesignAndDevelopmentCosts	<p id="xdx_84C_eus-gaap--PropertyPlantAndEquipmentPreproductionDesignAndDevelopmentCosts_zb752sWA5WAh" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><span id="xdx_86E_z7J4gBErUyek">Website Development Costs</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company amortizes these costs using the straight-line method over a period of one years, which is the remaining estimated economic life of the costs. At the end of each reporting period, the Company writes down any excess of the unamortized balance over the net realizable value.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
CY2022Q3	us-gaap	Foreign Currency Transaction Unsettled Balance Rate Change After Financial Statement Date Impracticable ForeignCurrencyTransactionUnsettledBalanceRateChangeAfterFinancialStatementDateImpracticable	false
	us-gaap	Revenue Recognition Accounting Policy Gross And Net Revenue Disclosure RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure	<p id="xdx_849_eus-gaap--RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure_zkvaOBTyuki8" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><span id="xdx_86E_zpUD6EgF33ub">Revenue Recognition </span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company adopted Accounting Standards Codification (“ASC”) 606. ASC 606, Revenue from Contracts with Customers, establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity’s contracts to provide goods or services to customers. The core principle requires an entity to recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration that it expects to be entitled to receive in exchange for those goods or services recognized as performance obligations are satisfied.</p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has assessed the impact of the guidance by performing the following five steps analysis:</p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Step 1: Identify the contract</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Step 2: Identify the performance obligations</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Step 3: Determine the transaction price</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Step 4: Allocate the transaction price</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Step 5: Recognize revenue</p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Revenue is measured at the fair value of the consideration received or receivable, net of discounts and taxes applicable to the revenue.</p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Revenue from supplies of consulting services is recognized when title and risk of loss are transferred and there are no continuing obligations to the customer. Title and the risks and rewards of ownership transfer to and accepted by the customer when the services are collected by the customer at the Company’s office. Revenue is recorded net of sales discounts, returns, allowances, and other adjustments that are based upon management’s best estimates and historical experience and are provided for in the same period as the related revenues are recorded. Based on limited operating history, management estimates that there was no sales return for the period reported.</p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company derives its revenue from direct sales to individuals and business companies. Generally, the Company recognizes revenue when services are sold and accepted by the customers and there are no continuing obligations to the customer.</p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: right"> </p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: right">10 \| Page<br/> </p>
	us-gaap	Net Income Loss NetIncomeLoss	-113524	usd
CY2022Q3	us-gaap	Preferred Stock Share Subscriptions PreferredStockShareSubscriptions	5000000	shares
CY2022Q3	us-gaap	Shares Issued SharesIssued	32231083	shares
CY2022Q3	us-gaap	Capitalized Costs Proved Properties CapitalizedCostsProvedProperties	1500	usd
	us-gaap	Long Term Debt Description LongTermDebtDescription	our president has loaned to the Company $55,816
CY2022Q3	us-gaap	Debt Default Shortterm Debt Amount DebtDefaultShorttermDebtAmount	99000	usd
	us-gaap	Proceeds From Sale And Collection Of Loans Receivable ProceedsFromSaleAndCollectionOfLoansReceivable	79708	usd

Files In Submission

Name	View Source	Status
0001740797-22-000016-index-headers.html	Edgar Link	pending
0001740797-22-000016-index.html	Edgar Link	pending
0001740797-22-000016.txt	Edgar Link	pending
0001740797-22-000016-xbrl.zip	Edgar Link	pending
f31.htm	Edgar Link	pending
f32.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
tren-20220930.xsd	Edgar Link	pending
tren10q3009222.htm	Edgar Link	pending
tren-20220930_cal.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
tren-20220930_def.xml	Edgar Link	unprocessable
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tren10q3009222_htm.xml	Edgar Link	completed

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$AVAI
AVANT TECHNOLOGIES INC. Stock $avai

2022 Q4 Form 10-Q Financial Statement

#000174079722000016 Filed on November 10, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AVAI AVANT TECHNOLOGIES INC. Stock $avai

2022 Q4 Form 10-Q Financial Statement

#000174079722000016 Filed on November 10, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AVAI
AVANT TECHNOLOGIES INC. Stock $avai