For the quarter ending 2025-09-30, AVNI has $523,125 in assets. $1,791,177 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 0 | 16,806 | 23,482 | 10,694 |
| Other current assets | 5,625 | 7,500 | 4,100 | 100 |
| Total current assets | 5,625 | 24,306 | 27,582 | 10,794 |
| Deferred offering costs | 500,000 | - | - | - |
| Property and equipment, net (note 4) | 0 | 129,442 | 136,259 | 143,244 |
| Intangible assets, net (note 5) | 17,500 | 44,750 | 46,000 | 48,500 |
| Total non-current assets | 517,500 | 174,192 | 182,259 | 191,744 |
| Total assets | 523,125 | 198,498 | 209,841 | 202,538 |
| Accounts payable | 78,914 | 69,263 | 67,348 | 43,514 |
| Deferred revenue | 0 | 0 | 8,000 | - |
| Other current liabilities | 0 | 15,926 | 11,465 | 2,301 |
| Related-party payables (note 8) | 662,263 | 335,147 | 174,959 | 97,264 |
| Current portion related-party notes payable, 700,000 and 0 in default at september 30, 2025 and december 31, 2024, respectively (note 8) | 1,050,000 | 1,110,644 | 1,110,644 | 700,000 |
| Deferred revenue | - | - | - | 0 |
| Current portion notes payable (note 7) | 0 | 6,436 | 11,116 | 16,244 |
| Total current liabilities | 1,791,177 | 1,537,416 | 1,383,532 | 859,323 |
| Related-party notes payable, net current portion (note 8) | 0 | 0 | 0 | 410,644 |
| Notes payable, net current portion (note 7) | 0 | 109,945 | 111,579 | 117,984 |
| Total long-term liabilities | 0 | 109,945 | 111,579 | 528,628 |
| Total liabilities | 1,791,177 | 1,647,361 | 1,495,111 | 1,387,951 |
| Common stock, 0.001 par value, 500,000,000 shares authorized, 122,274,125 issued and outstanding at september 30, 2025, and 107,845,554 issued and outstanding at december 31, 2024 | 122,276 | 108,347 | 107,847 | 107,847 |
| Additional paid-in capital | 40,141,369 | 36,958,247 | 36,713,444 | 36,622,837 |
| Total stockholders' deficit before treasury stock | - | - | -1,285,270 | -1,185,413 |
| Deferred stock compensation | 2,032,625 | - | - | - |
| Less treasury stock (0 shares and 0 shares at cost) | - | - | 0 | 0 |
| Accumulated deficit | -39,499,072 | -38,515,457 | -38,106,561 | -37,916,097 |
| Total stockholders' deficit | -1,268,052 | -1,448,863 | -1,285,270 | -1,185,413 |
| Total liabilities and stockholders' deficit | 523,125 | 198,498 | 209,841 | 202,538 |
ARVANA INC (AVNI)
ARVANA INC (AVNI)