Company: MVNC
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001683168-25-008388
Chunk: 2

Company: Marvion Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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    Accumulated other comprehensive loss 
     (1,566) 
     (2,033)
  
    Accumulated losses 
     (5,951,097) 
     (6,070,973)
  
    Total shareholders’ deficit 
     (5,354,982) 
     (6,041,071)
  
    TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT 
    $4,898,465  
    $4,035,441 

See Accompanying Notes
to Condensed Consolidated Financial Statements.

 10 

MARVION INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
AND

COMPREHENSIVE INCOME (LOSS)

(Currency expressed in United States Dollars
(“US$”), except for number of shares)

    For the Three Months Ended September 30,  
    For the Nine Months Ended September 30, 

    2025  
    2024  
    2025  
    2024 

    Revenues, net 
    $948,104  
    $390,275  
    $2,478,895  
    $1,019,593 
  
    Cost of revenues 
     (556,744) 
     (193,891) 
     (1,459,626) 
     (517,252)
  
    Gross profit 
     391,360  
     196,384  
     1,019,269  
     502,341 

    Operating expenses: 

    General and administrative expenses 
     (327,884) 
     (573,438) 
     (870,363) 
     (732,377)
  
    Total operating expenses 
     (327,884) 
     (573,438) 
     (870,363) 
     (732,377)
  
    Income (loss) from operations 
     63,476  
     (377,054) 
     148,906  
     (230,036)

    Other income (expense): 

    Interest income 
     118  
     612  
     592  
     1,597 
  
    Interest expense 
     (45,977) 
     (35,974)