For the quarter ending 2026-03-31, MVNC has $5,467,872 in assets. $8,978,591 in debts. $727,304 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 727,304 | 762,322 | 397,864 | 264,721 |
| Accounts receivable, net | 249,540 | 479,271 | 568,099 | 488,953 |
| Prepaid expenses and other current assets | 69,318 | 19,311 | 19,315 | 8,565 |
| Total current assets | 1,046,162 | 1,260,904 | 985,278 | 762,239 |
| Construction in progress | - | 0 | 0 | 0 |
| Property and equipment, net | 2,863,246 | 2,965,233 | 2,760,673 | 2,802,008 |
| Right-of-use assets, net | 1,558,464 | 1,609,832 | 1,152,514 | 1,172,133 |
| Total non-current assets | 4,421,710 | 4,575,065 | 3,913,187 | 3,974,141 |
| Total assets | 5,467,872 | 5,835,969 | 4,898,465 | 4,736,380 |
| Convertible notes payable | - | 0 | 0 | 0 |
| Construction payable | - | 0 | 306,120 | 462,696 |
| Accounts payable | 77,825 | 102,917 | 144,513 | 153,784 |
| Accrued liabilities and other payables | 604,977 | 582,767 | 609,772 | 660,025 |
| Amount due to director | 832,276 | 1,599,217 | 1,500,363 | 1,424,278 |
| Amount due to shareholder | 992,550 | 1,012,225 | 1,204,156 | 956,747 |
| Promissory notes payable | 16 | 16 | 16 | 16 |
| Earn-out payable | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
| Lease liabilities | 126,491 | 125,624 | 101,953 | 99,625 |
| Income tax payable | 20,318 | 12,883 | 47,216 | 34,339 |
| Total current liabilities | 4,654,453 | 5,435,649 | 5,914,109 | 5,791,510 |
| Lease liabilities | 1,573,150 | 1,616,932 | 1,175,067 | 1,190,642 |
| Earn-out payable | 2,750,988 | 2,710,975 | 3,164,271 | 3,118,248 |
| Total non-current liabilities | 4,324,138 | 4,327,907 | 4,339,338 | 4,308,890 |
| Total liabilities | 8,978,591 | 9,763,556 | 10,253,447 | 10,100,400 |
| Preferred stock, value-Preferred Stock | 0 | 0 | 0 | 0 |
| Preferred stock, value-Series APreferred Stock | 1,000 | 1,000 | 1,000 | 1,000 |
| Preferred stock, value-Series BPreferred Stock | 37 | 37 | 37 | 37 |
| Preferred stock, value-Series CPreferred Stock | 1 | 1 | 1 | 1 |
| Common stock, par value 0.0001, 270,000,000,000 shares authorized, 390,024,555 and 362,844,342 shares issued and outstanding as of march 31, 2026 and december 31, 2025, respectively | 39,003 | 36,285 | 34,040 | 34,040 |
| Common stock to be issued, par value 0.0001, 15,816,576 and 0 shares to be issued as of december 31, 2025 and 2024, respectively | - | 1,582 | - | - |
| Additional paid-in capital | 2,114,050 | 1,765,186 | 562,603 | 562,603 |
| Accumulated other comprehensive loss | -16,529 | -5,788 | -1,566 | -5,506 |
| Accumulated losses | -5,648,281 | -5,725,890 | -5,951,097 | -5,956,195 |
| Total shareholders deficit | -3,510,719 | -3,927,587 | -5,354,982 | -5,364,020 |
| Total liabilities and shareholders deficit | 5,467,872 | 5,835,969 | 4,898,465 | 4,736,380 |
Marvion Inc. (MVNC)
Marvion Inc. (MVNC)