Company: AVNI
Filing Date: 2025-07-17
Form Type: 10-K
Source: 0001713282-25-000574
Chunk: 16

Company: ARVANA INC
Filing Date: 2025-07-17
Form: 10-K
Item: Item 7
Chunk 16
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 in the prior year can be attributed to asset acquisition
and the purchase of fixed assets offset by amounts received from the sale of fixed assets.

We
expect to use net cash in investing activities in the near term as investment will be required of us in connection with the expansion
our fishing charter business.

Cash
Flows from Financing Activities

Net
cash provided by financing activities for the year ended December 31, 2024 was $214,802 as compared to net cash provided by financing
activities of $102,276 for the year ended December 31, 2023. Net cash provided from financing activities in the current year consisted
of proceeds from loans payable to related parties offset by payments made on loans payable to related parties.

We
expect to continue to use net cash provided by financing activities over the next twelve months generated through additional private
equity placements, public offerings, or private debt to expand our business.

Arvana
does not intend to pay cash dividends in the foreseeable future.

Arvana
had no lines of credit or other bank financing arrangements as of December 31, 2024.

Arvana
had no commitments for future capital expenditures at December 31, 2024.

Arvana
has adopted the Arvana Inc. 2022 Stock Incentive Plan.

Arvana
has no current plans for the purchase or sale of any plant or equipment.

Arvana
has no current plans to make any changes in the number of employees.

Critical
Accounting Policies

The
preparation of financial statements in accordance with U. S. GAAP requires us to make estimates and assumptions affecting the reported
amounts of assets and liabilities at the date of the financial statements and the reported amounts of net revenues and expenses in the
reporting period. We base our estimates and assumptions on current facts, historical experience, and various other factors that we believe
to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets
and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. We continually review the estimates
and underlying assumptions to ensure they are appropriate for the circumstances. Accounting assumptions and estimates are inherently
uncertain and actual results may differ materially from our estimates.

A
summary of our critical accounting policies is provided in Note 1 to the audited financial statements for the years ended December 31,
2024 and 2023 included in this Form 10-K. We discuss accounting policies that are significant in determining