$AVNI
ARVANA INC

2022 Q4 Form 10-Q Financial Statement

#000160706222000731 Filed on November 22, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue $29.71K
YoY Change
Gross Profit -$29.71K
YoY Change
Gross Profit Margin
Selling, General & Admin $64.53K $47.17K $47.54K
YoY Change 140.34% -0.78% 173.69%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $64.53K $47.17K $47.54K
YoY Change 140.34% -0.78% 173.69%
Operating Profit -$94.24K -$47.17K -$47.54K
YoY Change -0.77%
Interest Expense $20.00 $0.00 $250.00
YoY Change -122.22% -100.0% -100.5%
% of Operating Profit
Other Income/Expense, Net -$12.46M
YoY Change
Pretax Income -$94.22K -$47.17K -$12.51M
YoY Change 249.87% -99.62% 18404.76%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$94.22K -$47.17K -$12.51M
YoY Change 249.87% -99.62% 18404.76%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $0.00 -$1.357K -$461.8K
COMMON SHARES
Basic Shares Outstanding 35.95M shares 34.15M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $142.4K $214.0K $20.00
YoY Change 4162.57% 1069950.0% -97.8%
Cash & Equivalents $142.4K $214.0K $19.00
Short-Term Investments
Other Short-Term Assets $0.00
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $142.4K $214.0K $20.00
YoY Change 4162.43% 1069970.0% -97.8%
LONG-TERM ASSETS
Property, Plant & Equipment $0.00
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00 $0.00 $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $142.4K $214.0K $20.00
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $142.4K $214.0K $20.00
YoY Change 4162.43% 1069970.0% -97.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $37.87K $30.25K $35.30K
YoY Change -31.06% -14.32% -89.71%
Accrued Expenses $29.77K $10.10K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $200.00
YoY Change -100.0% -100.0% -99.98%
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $37.87K $44.77K $74.67K
YoY Change -63.91% -40.04% -96.65%
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 $37.87K $44.77K $74.67K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $37.87K $44.77K $74.67K
YoY Change -63.91% -40.04% -96.65%
SHAREHOLDERS EQUITY
Retained Earnings -$36.24M -$36.15M
YoY Change 0.42%
Common Stock $36.35M $36.32M
YoY Change 0.99%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.336K $3.336K
YoY Change 0.0%
Treasury Stock Shares
Shareholders Equity $104.5K $169.2K -$74.66K
YoY Change
Total Liabilities & Shareholders Equity $142.4K $214.0K $20.00
YoY Change 4162.43% 1069970.0% -97.8%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$94.22K -$47.17K -$12.51M
YoY Change 249.87% -99.62% 18404.76%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$70.82K -$50.77K -$15.78K
YoY Change 476.71% 221.74% 222.04%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change
Cash From Investing Activities $0.00 $0.00 $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -820.0 251.6K 200.0
YoY Change -105.26% 125690.0% -96.0%
NET CHANGE
Cash From Operating Activities -70.82K -50.77K -15.78K
Cash From Investing Activities 0.000 0.000 0.000
Cash From Financing Activities -820.0 251.6K 200.0
Net Change In Cash -71.64K 200.8K -15.58K
YoY Change -2257.83% -1388.9% -15680.0%
FREE CASH FLOW
Cash From Operating Activities -$70.82K -$50.77K -$15.78K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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dei Amendment Flag
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dei Current Fiscal Year End Date
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dei Document Transition Report
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dei Entity File Number
EntityFileNumber
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dei Entity Registrant Name
EntityRegistrantName
ARVANA INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
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dei Entity Address Address Line1
EntityAddressAddressLine1
299 Main Street
dei Entity Address Address Line2
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dei Entity Address City Or Town
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dei Entity Address State Or Province
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dei Entity Address Postal Zip Code
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dei City Area Code
CityAreaCode
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dei Local Phone Number
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dei Entity Current Reporting Status
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us-gaap Use Of Estimates
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<p id="xdx_843_eus-gaap--UseOfEstimates_zusg24IlLc56" style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline"><span id="xdx_86F_zJ4o9pm7bqO">Use of Estimates</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with US 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 amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. These estimates include the recognition of deferred tax assets based on the change in unrecognized deductible temporary tax differences.</span></p>
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DebtInstrumentConvertibleConversionPrice1
0.10
CY2022Q3 us-gaap Interest Payable Current
InterestPayableCurrent
0 usd
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
15500 usd
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
587 usd
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
0 usd
CY2021Q4 avni Loan Settled Through Issuance Of Common Shares
LoanSettledThroughIssuanceOfCommonShares
50000 usd
CY2021Q4 avni Interest Settled Through Issuance Of Common Shares
InterestSettledThroughIssuanceOfCommonShares
38945 usd
CY2021Q3 avni Loans Payable To Stockholders
LoansPayableToStockholders
480960 usd
CY2021Q3 us-gaap Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
361283 usd
CY2021Q3 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
89124 usd
CY2021Q3 avni Common Share Issued For Settlement Of Debt
CommonShareIssuedForSettlementOfDebt
21127123 shares
CY2021Q3 us-gaap Accounts Payable And Accrued Liabilities Noncurrent
AccountsPayableAndAccruedLiabilitiesNoncurrent
360968 usd
CY2021Q3 us-gaap Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
8410725 shares
CY2022Q3 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
4425 usd
CY2021Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
34494 usd
CY2022Q3 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
40000 usd
avni Gain Loss On Transaction
GainLossOnTransaction
0 usd
CY2021Q3 avni Loan Payable To Related Party
LoanPayableToRelatedParty
220071 usd
CY2021Q3 avni Loans Payable To Related Party
LoansPayableToRelatedParty
130947 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
89124 usd
CY2021Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
436492 shares
CY2021Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
207421 usd
CY2021Q3 us-gaap Extinguishment Of Debt Gain Loss Net Of Tax
ExtinguishmentOfDebtGainLossNetOfTax
12650 usd
us-gaap Debt Instrument Decrease Forgiveness
DebtInstrumentDecreaseForgiveness
206302 usd
CY2021Q3 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
163586 usd
us-gaap Extinguishment Of Debt Gain Loss Net Of Tax
ExtinguishmentOfDebtGainLossNetOfTax
88945 usd

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0001607062-22-000731.txt Edgar Link pending
0001607062-22-000731-xbrl.zip Edgar Link pending
avni-20220930.xsd Edgar Link pending
avni093022form10q.htm Edgar Link pending
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