For the quarter ending 2025-09-30, MVNC has $4,898,465 in assets. $10,253,447 in debts. $397,864 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 397,864 | 264,721 | ||
| Accounts receivable, net | 568,099 | 488,953 | ||
| Prepaid expenses and other current assets | 19,315 | 8,565 | ||
| Total current assets | 985,278 | 762,239 | ||
| Construction in progress | 0 | 0 | ||
| Property and equipment, net | 2,760,673 | 2,802,008 | ||
| Right-of-use assets, net | 1,152,514 | 1,172,133 | ||
| Total non-current assets | 3,913,187 | 3,974,141 | ||
| Total assets | 4,898,465 | 4,736,380 | ||
| Accounts payable | 144,513 | 153,784 | ||
| Accrued liabilities and other payables | 609,772 | 660,025 | ||
| Amount due to director | 1,500,363 | 1,424,278 | ||
| Amount due to shareholder | 1,204,156 | 956,747 | ||
| Construction payable | 306,120 | 462,696 | ||
| Convertible notes payable | 0 | 0 | ||
| Promissory notes payable | 16 | 16 | ||
| Earn-out payable | 2,000,000 | 2,000,000 | ||
| Lease liabilities | 101,953 | 99,625 | ||
| Income tax payable | 47,216 | 34,339 | ||
| Total current liabilities | 5,914,109 | 5,791,510 | ||
| Lease liabilities | 1,175,067 | 1,190,642 | ||
| Promissory notes payable | 3,164,271 | 3,118,248 | ||
| Total non-current liabilities | 4,339,338 | 4,308,890 | ||
| Total liabilities | 10,253,447 | 10,100,400 | ||
| Preferred stock, value-Preferred Stock | 0 | 0 | ||
| Preferred stock, value-Series APreferred Stock | 1,000 | 1,000 | ||
| Preferred stock, value-Series BPreferred Stock | 37 | 37 | ||
| Preferred stock, value-Series CPreferred Stock | 1 | 1 | ||
| Common stock, par value 0.0001, 270,000,000,000 shares authorized, 340,389,151 and 308,958,835 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively | 34,040 | 34,040 | ||
| Additional paid-in capital | 562,603 | 562,603 | ||
| Accumulated other comprehensive loss | -1,566 | -5,506 | ||
| Accumulated losses | -5,951,097 | -5,956,195 | ||
| Total shareholders deficit | -5,354,982 | -5,364,020 | ||
| Total liabilities and shareholders deficit | 4,898,465 | 4,736,380 | ||
Marvion Inc. (MVNC)
Marvion Inc. (MVNC)