Company: AVNI
Filing Date: 2025-07-15
Form Type: 10-Q/A
Source: 0001713282-25-000559
Chunk: 4

Company: ARVANA INC
Filing Date: 2025-07-15
Form: 10-Q/A
Chunk 4
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 Paid-in Capital                                                                                                                                                                                 |     |            |  36,573,310 |   |     |              |  36,490,304 |   |
| Accumulated Deficit                                                                                                                                                                                        |     |            | (37,703,670 | ) |     |              | (37,556,941 | ) |
| Total Stockholders' Deficit Before Treasury Stock                                                                                                                                                          |     |            |  (1,022,513 | ) |     |              |    (958,790 | ) |
| Less: Treasury Stock (0 shares and 6,255 shares at cost)                                                                                                                                                   |     |            |           — |   |     |              |      (3,336 | ) |
| Total Stockholders' Deficit                                                                                                                                                                                |     |            |  (1,022,513 | ) |     |              |    (962,126 | ) |
| Total Liabilities and Stockholders' Deficit                                                                                                                                                                |     | $          |     321,559 |   |     | $            |     216,549 |   |

<div align='center'>The accompanying notes are an integral part of these interim unaudited consolidated financial statements</div>

| 4 |

<div align='center'>Arvana Inc.

Condensed Consolidated Statements of Operations

For the Three Months Ended March 31, 2024 and 2023

(Unaudited and Restated)</div>

| Revenue:                             |     | Three Months Ended 
 March 31,          
 2024               
 (Restated)         |             |   |     | 2023 |             |   |
|:-------------------------------------|:----|:-------------------|------------:|:--|:----|:-----|------------:|:--|
| Lease Revenue                        |     | $                  |      12,000 |   |     | $    |       8,000 |   |
| Total Revenue                        |     |                    |      12,000 |   |     |      |       8,000 |   |
| Cost of Services                     |     |                    |       4,621 |   |     |      |       6,110 |   |
| Gross Profit                         |     |                    |       7,379 |   |     |      |       1,890 |   |
| Operating Expenses:                  |     |                    |             |   |     |      |             |   |
| Depreciation Expense                 |