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)Annual | Quarterly
| 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 194,134 | 67,132 | 300,410 | 5,275 | 432,914 | 1,194,821 | |||
| Cash and cash equivalents | 194,134 | 67,132 | 300,410 | 5,275 | 432,914 | 1,194,821 | |||
| Prepaid expense | 339,351 | 375,624 | 512,689 | 660,689 | 579,933 | 20,949 | |||
| Total current assets: | 533,485 | 442,756 | 813,099 | 665,964 | 1,012,847 | 1,215,770 | |||
| Noncurrent Assets | |||||||||
| Other undisclosed noncurrent assets | 600,096,322 | 600,046,438 | 600,035,972 | 600,026,753 | 600,017,635 | 600,008,617 | |||
| Total noncurrent assets: | 600,096,322 | 600,046,438 | 600,035,972 | 600,026,753 | 600,017,635 | 600,008,617 | |||
| TOTAL ASSETS: | 600,629,807 | 600,489,194 | 600,849,071 | 600,692,717 | 601,030,482 | 601,224,387 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 209,861 | 103,247 | 107,807 | 151,696 | 200,268 | 2,250 | |||
| Other undisclosed accounts payable and accrued liabilities | 209,861 | 103,247 | 107,807 | 151,696 | 200,268 | 2,250 | |||
| Due to related parties | 843,236 | 468,236 | 468,236 | ||||||
| Other undisclosed current liabilities | 3,193 | 3,193 | 3,193 | ||||||
| Total current liabilities: | 1,053,097 | 571,483 | 576,043 | 154,889 | 203,461 | 5,443 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 11,440,000 | 26,048,000 | 28,600,000 | 45,760,000 | 46,200,000 | 66,440,000 | |||
| Derivative instruments and hedges, liabilities | 11,440,000 | 26,048,000 | 28,600,000 | 45,760,000 | 46,200,000 | 66,440,000 | |||
| Other undisclosed noncurrent liabilities | 21,029,991 | 22,014,997 | 22,024,994 | 23,316,663 | 24,429,159 | 29,483,278 | |||
| Total noncurrent liabilities: | 32,469,991 | 48,062,997 | 50,624,994 | 69,076,663 | 70,629,159 | 95,923,278 | |||
| Total liabilities: | 33,523,088 | 48,634,480 | 51,201,037 | 69,231,552 | 70,832,620 | 95,928,721 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (32,893,281) | (48,145,286) | (50,351,966) | 5,000,005 | 5,000,002 | (94,704,334) | |||
| Additional paid in capital | 4,587,954 | 5,851,241 | |||||||
| Retained earnings (accumulated deficit) | (32,894,781) | (48,146,786) | (50,353,466) | 409,816 | (853,487) | (94,705,834) | |||
| Other undisclosed equity, attributable to parent | 1,500 | 1,500 | 1,500 | 2,235 | 2,248 | 1,500 | |||
| Other undisclosed equity | 600,000,000 | 600,000,000 | 600,000,000 | 526,461,160 | 525,197,860 | 600,000,000 | |||
| Total equity: | 567,106,719 | 551,854,714 | 549,648,034 | 531,461,165 | 530,197,862 | 505,295,666 | |||
| TOTAL LIABILITIES AND EQUITY: | 600,629,807 | 600,489,194 | 600,849,071 | 600,692,717 | 601,030,482 | 601,224,387 | |||
Income Statement (P&L) (USD)Annual | Quarterly
| 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Operating expenses | (390,885) | (365,783) | (274,019) | (298,311) | (400,941) | |||
| Operating loss: | (390,885) | (365,783) | (274,019) | (298,311) | (400,941) | |||
| Nonoperating income | 15,642,890 | 2,572,463 | 18,460,888 | 1,561,614 | 9,018 | |||
| Investment income, nonoperating | 9,219 | 9,118 | 9,018 | |||||
| Other nonoperating income | 15,642,890 | |||||||
| Income (loss) from continuing operations: | 15,252,005 | 2,206,680 | 18,186,869 | 1,263,303 | (391,923) | |||
| Income (loss) before gain (loss) on sale of properties: | 15,252,005 | 2,206,680 | 18,186,869 | 1,263,303 | (391,923) | ✕ | ||
| Net income (loss): | 15,252,005 | 2,206,680 | 18,186,869 | 1,263,303 | (391,923) | |||
| Other undisclosed net income attributable to parent | 25,294,119 | |||||||
| Net income available to common stockholders, diluted: | 15,252,005 | 2,206,680 | 18,186,869 | 1,263,303 | 24,902,196 | |||
Comprehensive Income (USD)Annual | Quarterly
| 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 15,252,005 | 2,206,680 | 18,186,869 | 1,263,303 | (391,923) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 15,252,005 | 2,206,680 | 18,186,869 | 1,263,303 | (391,923) | |||
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.