Company: MVNC
Filing Date: 2025-05-19
Form Type: 10-Q
Source: 0001683168-25-003814
Chunk: 1

Company: Marvion Inc.
Filing Date: 2025-05-19
Form: 10-Q
Item: Part I, Item 1
Chunk 1
---

  
    Income tax payable 
     25,909  
     17,515 
  
    Total current liabilities 
     4,608,022  
     4,822,588 

    Non-current liabilities: 

    Lease liabilities 
     1,227,128  
     1,254,618 
  
    Promissory notes payable 
     4,046,421  
     3,999,306 
  
    Total non-current liabilities 
     5,273,549  
     5,253,924 

    TOTAL LIABILITIES 
     9,881,571  
     10,076,512 

    Commitments and contingencies 
     –  
     – 

    Shareholders’ deficit: 

    Preferred stock, par value $0.0001, 30,000,000,000 shares authorized, 18,999,999 and 18,999,999 shares undesignated as of March 31, 2025 and December 31, 2024, respectively 
     –  
     – 
  
    Preferred stock, Series A, par value $0.0001, 10,000,000 shares designated, 10,000,000 and 10,000,000 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 
     1,000  
     1,000 
  
    Preferred stock, Series B, par value $0.0001, 1,000,000 shares designated, 366,346 and 366,346 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 
     37  
     37 
  
    Preferred stock, Series C, par value $0.001, 1 share designated, 1 and 1 share issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 
     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 March 31, 2025 and December 31, 2024, respectively 
     34,040  
     30,897