Company: MVNC
Filing Date: 2025-05-19
Form Type: 10-Q
Source: 0001683168-25-003814
Chunk: 23

Company: Marvion Inc.
Filing Date: 2025-05-19
Form: 10-Q
Item: Part I, Item 1
Chunk 23
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,000,000 shares of preferred stock, with a par value of $0.0001.

As of March 31, 2025 and December
31, 2024, the Company had 10,000,000 and 10,000,000 shares of Series A Preferred Stock issued and outstanding, respectively.

As of March 31, 2025 and December
31, 2024, the Company had 366,346 and 366,346 shares of Series B Preferred Stock issued and outstanding, respectively.

As of March 31, 2025 and December
31, 2024, the Company had 1 and 1 share of Series C Preferred Stock issued and outstanding, respectively.

Common stock

As of March 31, 2025 and December
31, 2024, the Company’s authorized shares were 270,000,000,000 shares of common stock, with a par value of $0.0001.

On March 11, 2025, the Company
issued 31,430,316 shares of its common stock to certain consultants to settle their fees payable due and recognized at December 31, 2024.

As of March 31, 2025 and December
31, 2024, the Company had 340,389,151 and 308,958,835 shares of common stock issued and outstanding, respectively.

14.        NET INCOME PER SHARE

The calculation of the basic
and diluted net income per share attributable to common stockholders of the Company is based on the following data (in dollars, except
share data):

    Schedule of basic and diluted net loss income per share 

    Three Months ended March 31, 

    2025  
    2024 

    Net income attributable to common shareholders 
    $6,977  
    $40,512 

    Weighted average common shares outstanding – Basic and diluted 
     315,943,350  
     148,148,150 

    Net income per share – Basic and diluted # 
    $0.00  
    $0.00 

    #
    For net income per share during the three months ended March 31, 2025 and 2024, basic and diluted net income per share was less than $0.01.

     27 

15.        INCOME
TAX

For the three months ended March
31, 2025 and 202