Arvana Inc (AVNI) financial statements (2021 and earlier)

Company profile

Business Address 299 S. MAIN STREET
SALT LAKE CITY, UT 84111
State of Incorp. NV
Fiscal Year End December 31
SIC 677 - Blank Checks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 215602
Cash and cash equivalents 215602
Total current assets: 215602
Noncurrent Assets
TOTAL ASSETS: 215602
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 9741,0131,0759561,0191,042
Accrued liabilities 521470    
Interest and dividends payable   425   
Other undisclosed accounts payable and accrued liabilities 4535436509561,0191,042
Debt 19211012683147149
Due to related parties 3385425491,0901,054 
Total current liabilities: 1,5041,6651,7502,1292,2201,190
Noncurrent Liabilities
Other undisclosed liabilities 712662732130291,153
Total liabilities: 2,2162,3272,4822,2582,2492,344
Stockholders' equity
Stockholders' equity attributable to parent (2,214)(2,326)(2,477)(2,252)(2,249)(2,342)
Common stock 111111
Treasury stock, value (3)(3)(3)(3)(3)(3)
Additional paid in capital 21,28421,28421,22621,22621,16721,167
Accumulated deficit (23,495)(23,607)(23,701)(23,476)(23,413)(23,506)
Total stockholders' equity: (2,214)(2,326)(2,477)(2,252)(2,249)(2,342)
TOTAL LIABILITIES AND EQUITY: 215602

Income statement (P&L) ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues 287  652517
Financial services revenue 652517
Other income 287    
Cost of revenue
(Cost of Goods and Services Sold)
   (9)   
Gross profit: 287 (9)652517
Operating expenses (52)(42)(39)(40)(36)(41)
Other undisclosed operating income (loss) (287) 9(65)(25)(17)
Operating loss: (52)(42)(39)(40)(36)(41)
Nonoperating income (expense) (20)  18178 
Investment income, nonoperating    25  
Foreign currency transaction gain (loss), before tax (20)  (7)178 
Interest and debt expense (57)(64)(66)(97)(48)(50)
Income (loss) from continuing operations before income taxes: (130)(106)(105)(119)94(91)
Income tax benefit 236     
Income (loss) before gain (loss) on sale of properties: 106(106)(105)(119)94(91)
Other undisclosed net income (loss) 6  57(1)145
Net income (loss): 112(106)(105)(63)9354
Other undisclosed net income (loss) attributable to parent  199(120)   
Net income (loss) available to common stockholders, diluted: 11294(225)(63)9354

Comprehensive Income ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss): 112(106)(105)(63)9354
Comprehensive income (loss): 112(106)(105)(63)9354
Other undisclosed comprehensive income, net of tax, attributable to parent      1
Comprehensive income (loss), net of tax, attributable to parent: 112(106)(105)(63)9355

Statements sources

The financial statements are based on the company's filings with the 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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