Company: AVNI
Filing Date: 2025-07-17
Form Type: 10-K
Source: 0001713282-25-000574
Chunk: 15

Company: ARVANA INC
Filing Date: 2025-07-17
Form: 10-K
Item: Item 7
Chunk 15
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 assets as compared to total assets of $216,549 as of December 31, 2023 consisting of cash, a bond, property, equipment,
and intangible assets. We had a working capital deficit of $969,980 as of December 31, 2024 compared to a working capital deficit
of $311,316 as of December 31, 2023. Net stockholders' deficit in Arvana was $1,250,966 at December 31, 2024 compared to a net
stockholders' deficit in Arvana of $962,126 at December 31, 2023.

The
following table shows a summary of our cash flows for the periods presented:

                                       Year Ended                                                                   
                                       December 31,                                                                 
                                       2024                            2023                    Change               
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Net cash provided by (used in):                                                                                   
  Operating activities                 $                 (193,580      $         (168,018      $           (25,562  
  Investing activities                                    (25,000                 (54,552                   29,552  
  Financing activities                                    214,802                 102,276                  112,526  
  Increase (decrease) in cash          $                   (3,778      $         (120,294      $           116,516  

Cash
Used in Operating Activities

Net
cash used operating activities for the year ended December 31, 2024 was $193,580 as compared to net cash used in operating activities
of $168,018 for the year ended December 31, 2023. Net cash used in operating activities in the current period can be attributed to book
expense items that do not affect the total amount relative to actual cash used, such as stock-based compensation, depreciation, and loss
on asset purchase. Balance sheet accounts that affect cash but are not income statement related that are added or deducted to arrive
at cash used in operating activities include accounts payable and amounts due to related parties.

We
expect net cash used in operating activities to continue over the next twelve months as we implement our business plan.

Cash
Used in Investing Activities

Net
cash used in investing activities for the year ended December 31, 2024 was $25,000 as compared to $54,552 net cash used in investing
activities for the year ended December 31, 2023. Net cash used in investing activities