$MVNC
Marvion Inc Stock $mvnc

$mvnc Overview Financials Valuation SEC Filings Company Website

2024 Q1 Form 10-K Financial Statement

#000168316824002419 Filed on April 16, 2024

Income Statement

Concept	2024 Q1	2023 Q4	2023
Revenue	$92.59K	$5.913M	$14.45M
YoY Change	-94.55%	19.04%	25.88%
Cost Of Revenue	$70.16K	$4.267M	$8.669M
YoY Change	-95.0%	11.12%	-0.3%
Gross Profit	$22.43K	$1.646M	$5.786M
YoY Change	-92.46%	45.99%	107.55%
Gross Profit Margin	24.23%	27.83%	40.03%
Selling, General & Admin	$134.8K	$5.896M	$5.948M
YoY Change	-78.8%	366.51%	68.61%
% of Gross Profit	600.82%	358.25%	102.8%
Research & Development	$26.98K	$10.54M	$21.03M
YoY Change	-79.89%	3714.97%	133.59%
% of Gross Profit	120.27%	640.56%	363.52%
Depreciation & Amortization	$11.87K	$12.16K	$48.90K
YoY Change	-5.49%	0.83%	0.66%
% of Gross Profit	52.92%	0.74%	0.85%
Operating Expenses	$134.8K	$16.44M	$5.948M
YoY Change	-78.8%	967.27%	68.61%
Operating Profit	-$139.3K	-$14.79M	-$25.29M
YoY Change	-73.07%	3482.6%	152.03%
Interest Expense	$124.00	-$290.3K	-$348.4K
YoY Change			1777.37%
% of Operating Profit
Other Income/Expense, Net	-$292.6K	-$120.00	-$348.3K
YoY Change	-111361.6%	-126.09%	1824.83%
Pretax Income	-$431.9K	-$15.08M	-$25.64M
YoY Change	-16.45%	3557.02%	155.04%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$431.9K	-$15.08M	-$25.64M
YoY Change	-16.45%	3557.02%	155.14%
Net Earnings / Revenue	-466.51%	-255.08%	-177.35%
Basic Earnings Per Share	$0.00		$0.00
Diluted Earnings Per Share	$0.00	-$0.30	$0.00
COMMON SHARES
Basic Shares Outstanding	160.1B shares		73.49B shares
Diluted Shares Outstanding	50.46M shares		73.49B shares

Balance Sheet

Concept	2024 Q1	2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$522.4K	$791.3K
YoY Change	596.95%	622.76%
Cash & Equivalents	$9.065K	$124.0K
Short-Term Investments	$513.3K	$667.3K
Other Short-Term Assets	$10.65K	$10.65K
YoY Change	6.17%	4.36%
Inventory	$7.770M	$7.770M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$9.008M	$9.274M
YoY Change	88.34%	103.63%
LONG-TERM ASSETS
Property, Plant & Equipment		$764.4K
YoY Change
Goodwill
YoY Change
Intangibles	$27.39K	$40.61K
YoY Change	-66.71%	-56.9%
Long-Term Investments
YoY Change
Other Assets	$0.00	$138.5K
YoY Change	-100.0%	-21.41%
Total Long-Term Assets	$27.39K	$179.1K
YoY Change	-89.41%	-33.77%
TOTAL ASSETS
Total Short-Term Assets	$9.008M	$9.274M
Total Long-Term Assets	$27.39K	$179.1K
Total Assets	$9.035M	$9.453M
YoY Change	79.22%	95.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable		$57.24K
YoY Change
Accrued Expenses	$17.42M	$17.49M
YoY Change	193.66%	231.35%
Deferred Revenue
YoY Change
Short-Term Debt	$170.0K	$170.0K
YoY Change	183.37%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$19.64M	$19.65M
YoY Change	160.02%	187.89%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$19.64M	$19.65M
Total Long-Term Liabilities	$0.00	$0.00
Total Liabilities	$19.64M	$19.65M
YoY Change	160.02%	187.89%
SHAREHOLDERS EQUITY
Retained Earnings	-$52.27M	-$51.84M
YoY Change	95.62%	97.83%
Common Stock	$5.336K	$15.18M
YoY Change	-97.25%	7713.35%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$10.61M	-$10.19M
YoY Change
Total Liabilities & Shareholders Equity	$9.035M	$9.453M
YoY Change	79.22%	95.93%

Cashflow Statement

Concept	2024 Q1	2023 Q4	2023
OPERATING ACTIVITIES
Net Income	-$431.9K	-$15.08M	-$25.64M
YoY Change	-16.45%	3557.02%	155.14%
Depreciation, Depletion And Amortization	$11.87K	$12.16K	$48.90K
YoY Change	-5.49%	0.83%	0.66%
Cash From Operating Activities	-$191.8K	$1.397M	-$595.8K
YoY Change	70.63%	-217.71%	-49.79%
INVESTING ACTIVITIES
Capital Expenditures		$0.00	$0.00
YoY Change		-100.0%	-100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities		$0.00	$0.00
YoY Change		-100.0%	-100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$81.67K	-1.316M	$723.3K
YoY Change	5.65%	-204.72%	-42.45%
NET CHANGE
Cash From Operating Activities	-$191.8K	1.397M	-$595.8K
Cash From Investing Activities		0.000	$0.00
Cash From Financing Activities	$81.67K	-1.316M	$723.3K
Net Change In Cash	-$114.9K	81.29K	$23.41K
YoY Change	234.58%	16.88%	-67.1%
FREE CASH FLOW
Cash From Operating Activities	-$191.8K	$1.397M	-$595.8K
Capital Expenditures		$0.00	$0.00
Free Cash Flow		$1.397M	-$595.8K
YoY Change		-217.71%	-49.87%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2023	dei	Entity Central Index Key EntityCentralIndexKey	0001439264
CY2023	dei	Document Type DocumentType	10-K
CY2023	dei	Document Annual Report DocumentAnnualReport	true
CY2023	dei	Document Period End Date DocumentPeriodEndDate	2023-12-31
CY2023	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023	dei	Entity Address City Or Town EntityAddressCityOrTown	3 Temasek Avenue
CY2023	dei	Entity Address Country EntityAddressCountry	SG
CY2023	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	039190
CY2023	dei	City Area Code CityAreaCode	65
CY2023	dei	Local Phone Number LocalPhoneNumber	6829 7029
CY2023	dei	Security12g Title Security12gTitle	Common Stock, $0.0001 par value
CY2023	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2023	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2023	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023	dei	Entity Small Business EntitySmallBusiness	true
CY2023	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	false
CY2023	dei	Document Fin Stmt Error Correction Flag DocumentFinStmtErrorCorrectionFlag	false
CY2023	dei	Entity Shell Company EntityShellCompany	false
CY2024Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	160080498102	shares
CY2023Q2	dei	Entity Public Float EntityPublicFloat	50945350	usd
CY2023Q2	dei	Entity Public Float EntityPublicFloat	50945350	usd
CY2023	dei	Auditor Firm AuditorFirmId	5968
CY2023	dei	Auditor Name AuditorName	OLAYINKA OYEBOLA & CO.
CY2023	dei	Auditor Location AuditorLocation	Lagos, Nigeria
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	123991	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	99274	usd
CY2023Q4	us-gaap	Other Assets Current OtherAssetsCurrent	10648	usd
CY2022Q4	us-gaap	Other Assets Current OtherAssetsCurrent	10203	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	7770000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	1387500	usd
CY2023Q4	us-gaap	Short Term Investments ShortTermInvestments	667287	usd
CY2022Q4	us-gaap	Short Term Investments ShortTermInvestments	0	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	702093	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	3057342	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	9274019	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	4554319	usd
CY2023Q4	us-gaap	Deferred Offering Costs DeferredOfferingCosts	138505	usd
CY2022Q4	us-gaap	Deferred Offering Costs DeferredOfferingCosts	176250	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	40605	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	94205	usd
CY2023Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	179110	usd
CY2022Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	270455	usd
CY2023Q4	us-gaap	Assets Assets	9453129	usd
CY2022Q4	us-gaap	Assets Assets	4824774	usd
CY2023Q4	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	15334410	usd
CY2022Q4	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	105381	usd
CY2023Q4	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	2154106	usd
CY2022Q4	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	5172537	usd
CY2023Q4	MVNC	Amounts Due To Related Parties Current AmountsDueToRelatedPartiesCurrent	1987162	usd
CY2022Q4	MVNC	Amounts Due To Related Parties Current AmountsDueToRelatedPartiesCurrent	1544729	usd
CY2023Q4	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	170000	usd
CY2022Q4	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	0	usd
CY2023Q4	us-gaap	Other Notes Payable Current OtherNotesPayableCurrent	16	usd
CY2022Q4	us-gaap	Other Notes Payable Current OtherNotesPayableCurrent	0	usd
CY2023Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	0	usd
CY2022Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	1272	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	19645694	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	6823919	usd
CY2023Q4	MVNC	Common Stock To Be Issued Shares CommonStockToBeIssuedShares	8292025862	shares
CY2022Q4	MVNC	Common Stock To Be Issued Shares CommonStockToBeIssuedShares	140794298026	shares
CY2023Q4	MVNC	Common Stock To Be Issued CommonStockToBeIssued	829202	usd
CY2022Q4	MVNC	Common Stock To Be Issued CommonStockToBeIssued	14079430	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	25637059	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	9936191	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	1733	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-5043	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-51840444	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-26205029	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	-10192565	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-1999145	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	9453129	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4824774	usd
CY2023	us-gaap	Revenues Revenues	14454869	usd
CY2022	us-gaap	Revenues Revenues	11482606	usd
CY2023	us-gaap	Cost Of Revenue CostOfRevenue	8669109	usd
CY2022	us-gaap	Cost Of Revenue CostOfRevenue	8694945	usd
CY2022	us-gaap	Gross Profit GrossProfit	2787661	usd
CY2023	us-gaap	Development Costs DevelopmentCosts	21032584	usd
CY2022	us-gaap	Development Costs DevelopmentCosts	9004045	usd
CY2023	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	4281170	usd
CY2022	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	784133	usd
CY2023	us-gaap	Business Development BusinessDevelopment	4092000	usd
CY2022	us-gaap	Business Development BusinessDevelopment	285361	usd
CY2023	us-gaap	Gain Loss On Sales Of Assets And Asset Impairment Charges GainLossOnSalesOfAssetsAndAssetImpairmentCharges	-358	usd
CY2022	us-gaap	Gain Loss On Sales Of Assets And Asset Impairment Charges GainLossOnSalesOfAssetsAndAssetImpairmentCharges	-4076	usd
CY2023	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1666727	usd
CY2022	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2743432	usd
CY2023	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	31072839	usd
CY2022	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	12821047	usd
CY2023	us-gaap	Operating Income Loss OperatingIncomeLoss	-25287079	usd
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	-10033386	usd
CY2023	us-gaap	Amortization Of Deferred Charges AmortizationOfDeferredCharges	118145	usd
CY2022	us-gaap	Amortization Of Deferred Charges AmortizationOfDeferredCharges	-0	usd
CY2023	us-gaap	Marketable Securities Unrealized Gain Loss MarketableSecuritiesUnrealizedGainLoss	-230326	usd
CY2022	us-gaap	Marketable Securities Unrealized Gain Loss MarketableSecuritiesUnrealizedGainLoss	0	usd
CY2023	us-gaap	Gain Loss On Disposition Of Intangible Assets GainLossOnDispositionOfIntangibleAssets	0	usd
CY2022	us-gaap	Gain Loss On Disposition Of Intangible Assets GainLossOnDispositionOfIntangibleAssets	-18556	usd
CY2023	us-gaap	Interest And Other Income InterestAndOtherIncome	33	usd
CY2022	us-gaap	Interest And Other Income InterestAndOtherIncome	0	usd
CY2023	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	208	usd
CY2022	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	-0	usd
CY2023	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	310	usd
CY2022	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	459	usd
CY2023	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-348336	usd
CY2022	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-18097	usd
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-25635415	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-10051483	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-0	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-3821	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	-25635415	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-10047662	usd
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CY2022	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-5050	usd
CY2023	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-25628639	usd
CY2022	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-10052712	usd
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	73488882079	shares
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	73488882079	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	1880010643	shares
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	-2122683	usd
CY2022	MVNC	Acquisition Of Licensed Adaptation Right AcquisitionOfLicensedAdaptationRight	10000000	usd
CY2022	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	176250	usd
CY2022	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-5050	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-10047662	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-1999145	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-1999145	usd
CY2023	MVNC	Shares Issued As Commitment Shares SharesIssuedAsCommitmentShares	200400	usd
CY2023	MVNC	Shares Issued Under Share Swap Agreement SharesIssuedUnderShareSwapAgreement	897613	usd
CY2023	MVNC	Shares Issued Under Share Exchange Agreement In Prior Years SharesIssuedUnderShareExchangeAgreementInPriorYears	0	usd
CY2023	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	16337206	usd
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CY2023	us-gaap	Net Income Loss NetIncomeLoss	-25635415	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-10047662	usd
CY2023	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	48902	usd
CY2022	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	48578	usd
CY2023	us-gaap	Other Amortization Of Deferred Charges OtherAmortizationOfDeferredCharges	118145	usd
CY2022	us-gaap	Other Amortization Of Deferred Charges OtherAmortizationOfDeferredCharges	0	usd
CY2023	MVNC	Written Off Intangible Assets WrittenOffIntangibleAssets	5441	usd
CY2022	MVNC	Written Off Intangible Assets WrittenOffIntangibleAssets	0	usd
CY2023	MVNC	Digital Assets Received As Revenue DigitalAssetsReceivedAsRevenue	11257001	usd
CY2022	MVNC	Digital Assets Received As Revenue DigitalAssetsReceivedAsRevenue	2715029	usd
CY2023	MVNC	Digital Assets Paid For Expense DigitalAssetsPaidForExpense	11256476	usd
CY2022	MVNC	Digital Assets Paid For Expense DigitalAssetsPaidForExpense	11389972	usd
CY2023	MVNC	Digital Assets Purchased Exchanged DigitalAssetsPurchasedExchanged	-0	usd
CY2022	MVNC	Digital Assets Purchased Exchanged DigitalAssetsPurchasedExchanged	2	usd
CY2023	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	358	usd
CY2022	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	4076	usd
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CY2022	us-gaap	Gain Loss On Disposition Of Intangible Assets GainLossOnDispositionOfIntangibleAssets	-18556	usd
CY2023	us-gaap	Marketable Securities Unrealized Gain Loss MarketableSecuritiesUnrealizedGainLoss	-230326	usd
CY2022	us-gaap	Marketable Securities Unrealized Gain Loss MarketableSecuritiesUnrealizedGainLoss	-0	usd
CY2023	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	6382500	usd
CY2022	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-0	usd
CY2023	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-2356876	usd
CY2022	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	3037874	usd
CY2023	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	15334320	usd
CY2022	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	57009	usd
CY2023	MVNC	Accrued Consulting And Service Fee AccruedConsultingAndServiceFee	13329569	usd
CY2022	MVNC	Accrued Consulting And Service Fee AccruedConsultingAndServiceFee	3099529	usd
CY2023	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	-1267	usd
CY2022	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	-3821	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-595770	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1186668	usd
CY2023	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	-0	usd
CY2022	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	1898	usd
CY2023	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	0	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1898	usd
CY2023	us-gaap	Proceeds From Issuance Of Convertible Preferred Stock ProceedsFromIssuanceOfConvertiblePreferredStock	170000	usd
CY2022	us-gaap	Proceeds From Issuance Of Convertible Preferred Stock ProceedsFromIssuanceOfConvertiblePreferredStock	0	usd
CY2023	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	16	usd
CY2022	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	0	usd
CY2023	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	553282	usd
CY2022	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	1256737	usd
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	723298	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1256737	usd
CY2023	us-gaap	Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent	-104120	usd
CY2022	us-gaap	Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent	2979	usd
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	23408	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	71150	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	99274	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	28124	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	122682	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	99274	usd
CY2023	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2022	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2023	us-gaap	Interest Paid Net InterestPaidNet	0	usd
CY2022	us-gaap	Interest Paid Net InterestPaidNet	0	usd
CY2023	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_841_eus-gaap--UseOfEstimates_zVTsJBTbi2ql" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_869_ze3gc4g19M0g">Use of estimates and assumptions</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In preparing these consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheet and revenues and expenses during the years reported. Actual results may differ from these estimates. If actual results significantly differ from the Company’s estimates, the Company’s financial condition and results of operations could be materially impacted. Significant estimates in the period include the impairment loss on digital assets, valuation and useful lives of intangible assets and deferred tax valuation allowance.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	0	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	0	usd
CY2023	MVNC	Written Off Intangible Assets WrittenOffIntangibleAssets	5441	usd
CY2022	us-gaap	Impairment Of Intangible Assets Excluding Goodwill ImpairmentOfIntangibleAssetsExcludingGoodwill	0	usd
CY2023	us-gaap	Costs Incurred Development Costs CostsIncurredDevelopmentCosts	0	usd
CY2022	us-gaap	Costs Incurred Development Costs CostsIncurredDevelopmentCosts	8000000	usd
CY2023	MVNC	Capitalize Development Costs CapitalizeDevelopmentCosts	0	usd
CY2022	MVNC	Capitalize Development Costs CapitalizeDevelopmentCosts	0	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	-25635415	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-51840444	usd
CY2023	us-gaap	Revenues Revenues	14454869	usd
CY2022	us-gaap	Revenues Revenues	11482606	usd
CY2023	us-gaap	Revenues Revenues	14454869	usd
CY2022	us-gaap	Revenues Revenues	11482606	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	158336	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	156502	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	-117731	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	-62297	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	40605	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	94205	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths	38221	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Two FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo	546	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Three FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree	337	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Four FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour	311	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Five FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive	311	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive	879	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	40605	usd
CY2023	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	48902	usd
CY2022	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	48578	usd
CY2022Q4	MVNC	Common Stock Committed To Be Issued CommonStockCommittedToBeIssued	140794298026	shares
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	702093	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	3057342	usd
CY2023	us-gaap	Professional And Contract Services Expense ProfessionalAndContractServicesExpense	2154106	usd
CY2022	us-gaap	Professional And Contract Services Expense ProfessionalAndContractServicesExpense	5172537	usd
CY2023Q4	MVNC	Amounts Due To Related Parties AmountsDueToRelatedParties	1987162	usd
CY2022Q4	MVNC	Amounts Due To Related Parties AmountsDueToRelatedParties	1544729	usd
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	30000000000	shares
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	30000000000	shares
CY2023Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2022Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	270000000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	270000000000	shares
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q4	MVNC	Common Stock Committed To Be Issued CommonStockCommittedToBeIssued	8292025862	shares
CY2023	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-25635415	usd
CY2022	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-10047662	usd
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	73488882079	shares
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1880010643	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	1880010643	shares
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	73488882079	shares
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	73488882079	shares
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1880010643	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	1880010643	shares
CY2023	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	8292025862	shares
CY2022	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	140794298026	shares
CY2023	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	81780907941	shares
CY2022	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	142674308669	shares
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-25635415	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-10051483	usd
CY2023	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	0	usd
CY2022	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	0	usd
CY2023	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	0	usd
CY2022	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	-3821	usd
CY2023	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	0	usd
CY2022	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	0	usd
CY2023	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	0	usd
CY2022	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	0	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-3821	usd
CY2023Q4	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	36239184	usd
CY2023Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	6160661	usd
CY2023Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	6412370	usd
CY2022Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	2093063	usd
CY2023Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	6412370	usd
CY2022Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	2093063	usd
CY2023Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	usd
CY2022Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	usd
CY2023	MVNC	Management Service Fee ManagementServiceFee	0	usd
CY2022	MVNC	Management Service Fee ManagementServiceFee	1260553	usd
CY2022Q2	us-gaap	Investments Investments	20000000	usd
CY2023Q4	us-gaap	Contractual Obligation ContractualObligation	19743350	usd
CY2023Q4	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023Q4	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q4	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2023Q4	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
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0001683168-24-002419-index.html	Edgar Link	pending
0001683168-24-002419.txt	Edgar Link	pending
0001683168-24-002419-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
image_001.jpg	Edgar Link	pending
image_002.jpg	Edgar Link	pending
marvion_ex0402.htm	Edgar Link	pending
marvion_ex21.htm	Edgar Link	pending
marvion_ex3101.htm	Edgar Link	pending
marvion_ex3102.htm	Edgar Link	pending
marvion_ex3201.htm	Edgar Link	pending
marvion_ex3202.htm	Edgar Link	pending
marvion_i10k-123123.htm	Edgar Link	pending
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mvnc-20231231.xsd	Edgar Link	pending
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mvnc-20231231_cal.xml	Edgar Link	unprocessable
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mvnc-20231231_pre.xml	Edgar Link	unprocessable
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$MVNC
Marvion Inc Stock $mvnc

2024 Q1 Form 10-K Financial Statement

#000168316824002419 Filed on April 16, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MVNC Marvion Inc Stock $mvnc

2024 Q1 Form 10-K Financial Statement

#000168316824002419 Filed on April 16, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MVNC
Marvion Inc Stock $mvnc