MVNC: the balance sheet

MyFinsight

For the year ending 2025-12-31, MVNC has $5,835,969 in assets. $9,763,556 in debts. $762,322 in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	762,322
Accounts receivable, net	479,271
Prepaid expenses and other current assets	19,311
Total current assets	1,260,904
Construction in progress	0
Property and equipment, net	2,965,233
Right-of-use assets, net	1,609,832
Total non-current assets	4,575,065
Total assets	5,835,969

Account payables	102,917
Accrued liabilities and other payables	582,767
Amount due to director	1,599,217
Amount due to shareholder	1,012,225
Construction payable	0
Convertible notes payable	0
Promissory notes payable	16
Earn-out payable	2,000,000
Lease liabilities	125,624
Income tax payable	12,883
Total current liabilities	5,435,649
Lease liabilities	1,616,932
Earn-out payable	2,710,975
Total non-current liabilities	4,327,907
Total liabilities	9,763,556
Preferred stock, value-Preferred Stock	0
Preferred stock, value-Series APreferred Stock	1,000
Preferred stock, value-Series BPreferred Stock	37
Preferred stock, value-Series CPreferred Stock	1
Common stock, par value 0.0001, 270,000,000,000 shares authorized, 362,844,342 and 308,958,835 shares issued and outstanding as of december 31, 2025 and 2024, respectively	36,285
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	1,765,186
Accumulated other comprehensive loss	-5,788
Accumulated losses	-5,725,890
Total shareholders deficit	-3,927,587
Total liabilities and shareholders deficit	5,835,969

Unit: Dollar.