$AVNI
ARVANA INC Stock $avni

$avni Overview Financials Valuation SEC Filings Company Website

2023 Q1 Form 10-Q Financial Statement

#000160706223000319 Filed on June 05, 2023

Income Statement

Concept	2023 Q1	2022 Q4	2022 Q1
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	$148.9K	$64.53K	$8.640K
YoY Change	1623.38%	140.34%	-19.03%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$5.850K		$0.00
YoY Change
% of Gross Profit
Operating Expenses	$148.9K	$64.53K	$8.640K
YoY Change	1623.41%	140.34%	-19.03%
Operating Profit	-$148.9K	-$94.24K	-$8.636K
YoY Change	1624.21%
Interest Expense	$10.64K	$20.00	-$190.00
YoY Change	-5701.05%	-122.22%	-102.26%
% of Operating Profit
Other Income/Expense, Net	-$779.5K		-$194.00
YoY Change	401702.58%
Pretax Income	-$928.4K	-$94.22K	-$8.830K
YoY Change	10414.16%	249.87%	290.71%
Income Tax
% Of Pretax Income
Net Earnings	-$928.4K	-$94.22K	-$8.830K
YoY Change	10414.16%	249.87%	290.88%
Net Earnings / Revenue
Basic Earnings Per Share	$0.00		$0.00
Diluted Earnings Per Share	$0.00	$0.00	-$258.60
COMMON SHARES
Basic Shares Outstanding	107.8M shares	35.95M shares	102.4M shares
Diluted Shares Outstanding	107.8M shares		102.4M shares

Balance Sheet

Concept	2023 Q1	2022 Q4	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$51.56K	$142.4K	$3.120K
YoY Change	1552.56%	4162.57%	242.86%
Cash & Equivalents	$51.56K	$142.4K	$3.120K
Short-Term Investments
Other Short-Term Assets	$5.100K	$0.00
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$56.66K	$142.4K	$3.120K
YoY Change	1716.09%	4162.43%	242.86%
LONG-TERM ASSETS
Property, Plant & Equipment	$172.9K	$0.00
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$198.9K	$0.00	$0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets	$56.66K	$142.4K	$3.120K
Total Long-Term Assets	$198.9K	$0.00	$0.00
Total Assets	$255.5K	$142.4K	$3.120K
YoY Change	8089.68%	4162.43%	242.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$72.42K	$37.87K	$37.04K
YoY Change	95.52%	-31.06%	-89.65%
Accrued Expenses	$61.62K	$29.77K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$15.80K
YoY Change	-100.0%	-100.0%	-98.08%
Long-Term Debt Due	$35.59K	$0.00
YoY Change
Total Short-Term Liabilities	$112.0K	$37.87K	$113.5K
YoY Change	-1.34%	-63.91%	-94.47%
LONG-TERM LIABILITIES
Long-Term Debt	$893.0K	$0.00	$0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$893.0K	$0.00	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$112.0K	$37.87K	$113.5K
Total Long-Term Liabilities	$893.0K	$0.00	$0.00
Total Liabilities	$1.005M	$37.87K	$113.5K
YoY Change	785.22%	-63.91%	-94.47%
SHAREHOLDERS EQUITY
Retained Earnings	-$37.17M	-$36.24M
YoY Change		0.42%
Common Stock	$36.42M	$36.35M
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	-$749.5K	$104.5K	$110.4K
YoY Change
Total Liabilities & Shareholders Equity	$255.5K	$142.4K	$3.120K
YoY Change	8089.68%	4162.43%	242.86%

Cashflow Statement

Concept	2023 Q1	2022 Q4	2022 Q1
OPERATING ACTIVITIES
Net Income	-$928.4K	-$94.22K	-$8.830K
YoY Change	10414.16%	249.87%	290.88%
Depreciation, Depletion And Amortization	$5.850K		$0.00
YoY Change
Cash From Operating Activities	-$44.12K	-$70.82K	-$220.00
YoY Change	19952.27%	476.71%	-94.62%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions	-$4.089K		$0.00
YoY Change
Other Investing Activities	-$45.91K	$0.00	$0.00
YoY Change
Cash From Investing Activities	-$45.91K	$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	-$777.00	-820.0	0.000
YoY Change		-105.26%
NET CHANGE
Cash From Operating Activities	-$44.12K	-70.82K	-220.0
Cash From Investing Activities	-45.91K	0.000	0.000
Cash From Financing Activities	-$777.00	-820.0	0.000
Net Change In Cash	-$44.89K	-71.64K	-220.0
YoY Change	20305.45%	-2257.83%	-94.62%
FREE CASH FLOW
Cash From Operating Activities	-$44.12K	-$70.82K	-$220.00
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001113313
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2022Q1	us-gaap	Payments For Purchase Of Other Assets1 PaymentsForPurchaseOfOtherAssets1		usd
CY2022Q1	us-gaap	Depreciation Depreciation		usd
CY2022Q1	us-gaap	Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1 NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1		usd
CY2022Q4	us-gaap	Notes And Loans Payable Current NotesAndLoansPayableCurrent		usd
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	0-30695
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	ARVANA INC.
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	87-0618509
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	299 Main Street
CY2023Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	13th Floor
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Salt Lake City
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	UT
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	84111
CY2023Q1	dei	City Area Code CityAreaCode	(801)
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	232-7395
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	107839299	shares
CY2023Q1	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	51562	usd
CY2022Q4	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	142365	usd
CY2023Q1	us-gaap	Other Assets Current OtherAssetsCurrent	5100	usd
CY2022Q4	us-gaap	Other Assets Current OtherAssetsCurrent	0	usd
CY2023Q1	us-gaap	Assets Current AssetsCurrent	56662	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	142365	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	172856	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	0	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	26000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	0	usd
CY2023Q1	us-gaap	Assets Noncurrent AssetsNoncurrent	198856	usd
CY2022Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	0	usd
CY2023Q1	us-gaap	Assets Assets	255518	usd
CY2022Q4	us-gaap	Assets Assets	142365	usd
CY2023Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	61615	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	29770	usd
CY2023Q1	AVNI	Due To Related Party Current DueToRelatedPartyCurrent	10800	usd
CY2022Q4	AVNI	Due To Related Party Current DueToRelatedPartyCurrent	8100	usd
CY2023Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	4000	usd
CY2022Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	0	usd
CY2023Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	35590	usd
CY2022Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	0	usd
CY2023Q1	us-gaap	Liabilities Current LiabilitiesCurrent	112005	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	37870	usd
CY2023Q1	us-gaap	Notes Payable Current NotesPayableCurrent	892984	usd
CY2022Q4	us-gaap	Notes Payable Current NotesPayableCurrent	0	usd
CY2023Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	892984	usd
CY2022Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	0	usd
CY2023Q1	us-gaap	Liabilities Liabilities	1004989	usd
CY2022Q4	us-gaap	Liabilities Liabilities	37870	usd
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	107845554	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	107839299	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	107847	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	107847	usd
CY2023Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	36314786	usd
CY2022Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	36240352	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-37168768	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-36240368	usd
CY2023Q1	us-gaap	Stockholders Equity Before Treasury Stock StockholdersEquityBeforeTreasuryStock	-746135	usd
CY2022Q4	us-gaap	Stockholders Equity Before Treasury Stock StockholdersEquityBeforeTreasuryStock	107831	usd
CY2022Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	6255	shares
CY2023Q1	us-gaap	Treasury Stock Value TreasuryStockValue	3336	usd
CY2022Q4	us-gaap	Treasury Stock Value TreasuryStockValue	3336	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-749471	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	104495	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	255518	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	142365	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	112440	usd
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3292	usd
CY2023Q1	us-gaap	Professional Fees ProfessionalFees	36463	usd
CY2022Q1	us-gaap	Professional Fees ProfessionalFees	5344	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	148903	usd
CY2022Q1	us-gaap	Operating Expenses OperatingExpenses	8636	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-148903	usd
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-8636	usd
CY2023Q1	us-gaap	Lease Income LeaseIncome	8000	usd
CY2023Q1	us-gaap	Depreciation Nonproduction DepreciationNonproduction	5850	usd
CY2022Q1	us-gaap	Depreciation Nonproduction DepreciationNonproduction	-0	usd
CY2023Q1	us-gaap	Interest Income Operating InterestIncomeOperating	4	usd
CY2022Q1	us-gaap	Interest Income Operating InterestIncomeOperating	0	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	10642	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	194	usd
CY2023Q1	us-gaap	Payments For Purchase Of Other Assets1 PaymentsForPurchaseOfOtherAssets1	771009	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-779497	usd
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-194	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-928400	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-8830	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	107839299	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	102445554	shares
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	107839299	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	102445554	shares
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	-101585	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-8830	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	-110415	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	104495	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	74434	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-928400	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-749471	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-928400	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-8830	usd
CY2023Q1	us-gaap	Depreciation Depreciation	5850	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	74434	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	0	usd
CY2023Q1	us-gaap	Payments For Purchase Of Other Assets1 PaymentsForPurchaseOfOtherAssets1	771009	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	18792	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	5764	usd
CY2023Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	4000	usd
CY2022Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	0	usd
CY2023Q1	us-gaap	Increase Decrease In Due To Related Parties Current IncreaseDecreaseInDueToRelatedPartiesCurrent	10200	usd
CY2022Q1	us-gaap	Increase Decrease In Due To Related Parties Current IncreaseDecreaseInDueToRelatedPartiesCurrent	2844	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-44115	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-222	usd
CY2023Q1	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	50000	usd
CY2022Q1	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	-0	usd
CY2023Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	-4089	usd
CY2022Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	-0	usd
CY2023Q1	us-gaap	Payments For Loans PaymentsForLoans	777	usd
CY2022Q1	us-gaap	Payments For Loans PaymentsForLoans	-0	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-777	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	0	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-90803	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-222	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	142365	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3340	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	51562	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3118	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	2856	usd
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet	0	usd
CY2023Q1	AVNI	Acquisition Acquisition	700000	usd
CY2022Q1	AVNI	Acquisition Acquisition	0	usd
CY2023Q1	us-gaap	Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1 NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1	234904	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	-0	usd
CY2023Q1	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	172856	usd
CY2022Q4	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	0	usd
CY2023Q1	us-gaap	Depreciation Depreciation	5850	usd
CY2023Q1	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_840_eus-gaap--UseOfEstimates_z7HLDBnul9e4" style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span id="xdx_86A_zsjHt9ldGeQc" style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Use of Estimates</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 consolidated 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 consolidated 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>
CY2023Q1	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p id="xdx_840_eus-gaap--ConcentrationRiskCreditRisk_zRkhFYEkyHFf" style="font: 10pt Times New Roman, Times, Serif"><span id="xdx_86F_zidAaK35uZV7" style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Concentration of Credit Risk</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">Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash. The Company maintains cash in bank accounts that, at times, may exceed federally insured limits. At March 31, 2023 and December 31, 2022 respectively, the Company did not have any cash in excess of the insured FDIC limits. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant risks on its cash in bank account.</span></p>
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Rolling Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour	11864	usd
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	7950000	shares
CY2022Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-928400	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-37168768	usd
CY2023Q1	AVNI	Working Capital WorkingCapital	55343	usd
CY2023Q1	us-gaap	Payments For Purchase Of Other Assets1 PaymentsForPurchaseOfOtherAssets1	771009	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Rolling Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive	12736	usd
CY2023Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents	4089	usd
CY2023Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables	5100	usd
CY2023Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment	178706	usd
CY2023Q1	AVNI	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Commercial Fishing License BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCommercialFishingLicense	26000	usd
CY2023Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets	213895	usd
CY2023Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable	4910	usd
CY2023Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Other BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther	644	usd
CY2023Q1	AVNI	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Payable To Affiliates BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPayableToAffiliates	62634	usd
CY2023Q1	AVNI	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Notes Payable BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNotesPayable	166716	usd
CY2023Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities	234904	usd
CY2023Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet	750000	usd
CY2023Q1	AVNI	Business Combination Loss On Asset Acquisition BusinessCombinationLossOnAssetAcquisition	771009	usd
CY2023Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	178706	usd
CY2022Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	0	usd
CY2023Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	5850	usd
CY2022Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2023Q1	us-gaap	Sale Leaseback Transaction Monthly Rental Payments SaleLeasebackTransactionMonthlyRentalPayments	4000	usd
CY2023Q1	us-gaap	Lease Income LeaseIncome	8000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	44000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	48000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	48000	usd
CY2022	us-gaap	Stock Issued During Period Shares Restricted Stock Award Gross StockIssuedDuringPeriodSharesRestrictedStockAwardGross	4800000	shares
CY2022Q4	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	0.07
CY2022Q4	AVNI	Restricted Common Stock Total Proceeds RestrictedCommonStockTotalProceeds	320000	usd
CY2022	AVNI	Incurred Share Issuance Costs IncurredShareIssuanceCosts	32237	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive	111153	usd
CY2023Q1	us-gaap	Long Term Debt LongTermDebt	928574	usd
CY2023Q1	AVNI	Accrued Payroll Included In Amounts Due To Related Parties AccruedPayrollIncludedInAmountsDueToRelatedParties	10000	usd
CY2022Q4	AVNI	Accrued Payroll Included In Amounts Due To Related Parties AccruedPayrollIncludedInAmountsDueToRelatedParties	7500	usd
CY2023Q1	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	800	usd
CY2022Q4	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	600	usd
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	7950000	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0.09
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	0	shares
CY2023Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	74434	usd
CY2022Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	0	usd
CY2023Q1	AVNI	Allocated Share Based Compensation Expense Remaining AllocatedShareBasedCompensationExpenseRemaining	597688	usd
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber	187464	shares
CY2024Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber	239421	shares
CY2025Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber	156902	shares
CY2026Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber	7582	shares
CY2027Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber	6319	shares
CY2023Q1	AVNI	Allocated Share Based Compensation Expense Remaining AllocatedShareBasedCompensationExpenseRemaining	597688	usd
CY2023Q1	us-gaap	Notes Payable NotesPayable	928574	usd
CY2022Q4	us-gaap	Notes Payable NotesPayable	0	usd
CY2023Q1	us-gaap	Notes And Loans Payable Current NotesAndLoansPayableCurrent	35590	usd
CY2023Q1	us-gaap	Other Long Term Notes Payable OtherLongTermNotesPayable	892984	usd
CY2022Q4	us-gaap	Other Long Term Notes Payable OtherLongTermNotesPayable	0	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths	35590	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Rolling Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo	10294	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Rolling Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree	746937	usd

Files In Submission

Name	View Source	Status
0001607062-23-000319-index-headers.html	Edgar Link	pending
0001607062-23-000319-index.html	Edgar Link	pending
0001607062-23-000319.txt	Edgar Link	pending
0001607062-23-000319-xbrl.zip	Edgar Link	pending
avni-20230331.xsd	Edgar Link	pending
avni033123form10q.htm	Edgar Link	pending
ex31.htm	Edgar Link	pending
ex32.htm	Edgar Link	pending
avni-20230331_cal.xml	Edgar Link	unprocessable
avni-20230331_def.xml	Edgar Link	unprocessable
avni-20230331_pre.xml	Edgar Link	unprocessable
avni-20230331_lab.xml	Edgar Link	unprocessable
avni033123form10q_htm.xml	Edgar Link	completed
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
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.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
FilingSummary.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$AVNI
ARVANA INC Stock $avni

2023 Q1 Form 10-Q Financial Statement

#000160706223000319 Filed on June 05, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AVNI ARVANA INC Stock $avni

2023 Q1 Form 10-Q Financial Statement

#000160706223000319 Filed on June 05, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AVNI
ARVANA INC Stock $avni