Avanti Acquisition Corp. (AVAN) Financial Statements (2024 and earlier)

Company Profile

Business Address C/O PUGLISI & ASSOCIATES
NEWARK, DE 19711
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 677 - Blank Checks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

6/30/2022
MRQ
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 67,1321,194,821
Cash and cash equivalents 67,1321,194,821
Prepaid expense 375,62420,949
Total current assets: 442,7561,215,770
Noncurrent Assets
Other undisclosed noncurrent assets 600,046,438600,008,617
Total noncurrent assets: 600,046,438600,008,617
TOTAL ASSETS: 600,489,194601,224,387
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 103,2472,250
Other undisclosed accounts payable and accrued liabilities 103,2472,250
Due to related parties 468,236 
Other undisclosed current liabilities  3,193
Total current liabilities: 571,4835,443
Noncurrent Liabilities
Liabilities, other than long-term debt 26,048,00066,440,000
Derivative instruments and hedges, liabilities 26,048,00066,440,000
Other undisclosed noncurrent liabilities 22,014,99729,483,278
Total noncurrent liabilities: 48,062,99795,923,278
Total liabilities: 48,634,48095,928,721
Equity
Equity, attributable to parent, including: (48,145,286)(94,704,334)
Accumulated deficit (48,146,786)(94,705,834)
Other undisclosed equity, attributable to parent 1,5001,500
Other undisclosed equity 600,000,000600,000,000
Total equity: 551,854,714505,295,666
TOTAL LIABILITIES AND EQUITY: 600,489,194601,224,387

Income Statement (P&L) (USD)

6/30/2022
TTM
12/31/2021
12/31/2020
Operating expenses (1,339,054) 
Operating loss: (1,339,054) 
Nonoperating income
(Other Nonoperating income)
 47,898,102 
Income from continuing operations: 46,559,048 
Income before gain (loss) on sale of properties:46,559,048
Net income available to common stockholders, diluted: 46,559,048 

Comprehensive Income (USD)

6/30/2022
TTM
12/31/2021
12/31/2020
Net income: 46,559,048 
Comprehensive income, net of tax, attributable to parent: 46,559,048 

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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