Company: AVNI
Filing Date: 2025-07-15
Form Type: 10-Q/A
Source: 0001713282-25-000559
Chunk: 3

Company: ARVANA INC
Filing Date: 2025-07-15
Form: 10-Q/A
Chunk 3
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 previously issued financial statements relating to the three months ended March 31, 2024.

The following unaudited condensed consolidated financial statements have been restated to correct errors identified in the Company’s previously filed Quarterly Report on Form 10-Q for the three months ended March 31, 2024:

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<div align='center'>Arvana Inc.

Condensed Consolidated Balance Sheets

As of March 31, 2024 and December 31, 2023

(Unaudited and Restated)</div>

| ASSETS                                                                                                                                                                                                     
 Current Assets:                                                                                                                                                                                            |     | March 31,  
 2024       
 (Restated) |             |   |     | December 31, 
 2023         
 (Audited)    |             |   |
|:-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:-----------|------------:|:--|:----|:-------------|------------:|:--|
| Cash and Cash Equivalents                                                                                                                                                                                  |     | $          |     133,793 |   |     | $            |      22,071 |   |
| Other Current Assets                                                                                                                                                                                       |     |            |       5,100 |   |     |              |       5,100 |   |
| Total Current Assets                                                                                                                                                                                       |     |            |     138,893 |   |     |              |      27,171 |   |
| Non-Current Assets:                                                                                                                                                                                        |     |            |             |   |     |              |             |   |
| Property and Equipment, Net                                                                                                                                                                                |     |            |     156,666 |   |     |              |     163,378 |   |
| Intangible Assets, Net                                                                                                                                                                                     |     |            |      26,000 |   |     |              |      26,000 |   |
| Total Non-Current Assets                                                                                                                                                                                   |     |            |     182,666 |   |     |              |     189,378 |   |
| Total Assets                                                                                                                                                                                               |     | $          |     321,559 |   |     | $            |     216,549 |   |
| LIABILITIES AND STOCKHOLDERS' DEFICIT                                                                                                                                                                      |     |            |             |   |     |              |             |   |
| Current Liabilities:                                                                                                                                                                                       |     |            |             |   |     |              |             |   |
| Accounts Payable                                                                                                                                                                                           |     | $