10-Q Filing

ARVANA INC CIK: 1113313 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001211524-15-000144`
Period End Date	20150930
Filing Date	20151113
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	avni-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 40 Income Statement 36 Cash Flow Statement 20

Balance Sheet 40 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash	`Cash`	$2.17K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash	`Cash`	$1.88K	USD	Point-in-time
Total assets	`Assets`	$1.88K	USD	Point-in-time
Total assets	`Assets`	$2.17K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	885,130.00	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	885,130.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	885,130.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	885,130.00	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.01M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	-3,336.00	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.04M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	-3,336.00	shares	Point-in-time
Loans payable stockholders (Note 3)	`DueToOfficersOrStockholdersCurrent`	$628.43K	USD	Point-in-time
Loans payable stockholders (Note 3)	`DueToOfficersOrStockholdersCurrent`	$647.70K	USD	Point-in-time
Loans payable related party (Note 3)	`LoansPayableRelatedPartyCurrent`	$32.79K	USD	Point-in-time
Loans payable related party (Note 3)	`LoansPayableRelatedPartyCurrent`	$29.68K	USD	Point-in-time
Loans payable (Note 3)	`LoansPayableCurrent`	$147.49K	USD	Point-in-time
Loans payable (Note 3)	`LoansPayableCurrent`	$148.62K	USD	Point-in-time
Amounts due to related parties (Note 3)	`DueToOtherRelatedPartiesClassifiedCurrent`	$441.69K	USD	Point-in-time
Amounts due to related parties (Note 3)	`DueToOtherRelatedPartiesClassifiedCurrent`	$472.99K	USD	Point-in-time
Total current liabilities	`Liabilities`	$2.26M	USD	Point-in-time
Total current liabilities	`Liabilities`	$2.34M	USD	Point-in-time
Common stock, $0.001 par value 5,000,000 authorized, 885,130 shares issued and outstanding at September 30, 2015 and December 31, 2014, (Note 4)	`CommonStockValue`	$885.00	USD	Point-in-time
Common stock, $0.001 par value 5,000,000 authorized, 885,130 shares issued and outstanding at September 30, 2015 and December 31, 2014, (Note 4)	`CommonStockValue`	$885.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$21.17M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$21.17M	USD	Point-in-time
Deficit	`RetainedEarningsAccumulatedDeficit`	$-23.42M	USD	Point-in-time
Deficit	`RetainedEarningsAccumulatedDeficit`	$-23.51M	USD	Point-in-time
Total Stockholders Deficit Before Treasury Stock	`TotalStockholdersDeficitBeforeTreasuryStock`	$-2.25M	USD	Point-in-time
Total Stockholders Deficit Before Treasury Stock	`TotalStockholdersDeficitBeforeTreasuryStock`	$-2.34M	USD	Point-in-time
Less: Treasury stock - 2,085 at September 30, 2015 and December 31, 2014	`TreasuryStockValue`	$3.34K	USD	Point-in-time
Less: Treasury stock - 2,085 at September 30, 2015 and December 31, 2014	`TreasuryStockValue`	$3.34K	USD	Point-in-time
Total stockholders' deficiency	`StockholdersEquity`	$-2.34M	USD	Point-in-time
Total stockholders' deficiency	`StockholdersEquity`	$-2.26M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$2.17K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$1.88K	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$2.93K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.05K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.30K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$13.50K	USD	3 Qtrs
Fees and Commissions	`FeesAndCommissions`	$13.05K	USD	3 Qtrs
Fees and Commissions	`FeesAndCommissions`	$12.33K	USD	3 Qtrs
Fees and Commissions	`FeesAndCommissions`	$5.07K	USD	1 Quarter
Fees and Commissions	`FeesAndCommissions`	$4.96K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$7.99K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$9.01K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$25.83K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$22.35K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-25.83K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-7.99K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-22.35K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-9.01K	USD	1 Quarter
Interest expense	`InterestExpense`	$36.15K	USD	3 Qtrs
Interest expense	`InterestExpense`	$38.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$12.08K	USD	1 Quarter
Interest expense	`InterestExpense`	$12.54K	USD	1 Quarter
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$86.94K	USD	1 Quarter
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$144.62K	USD	3 Qtrs
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$94.18K	USD	3 Qtrs
Foreign exchange gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$47.58K	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$30.34K	USD	3 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$27.50K	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$86.11K	USD	3 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$65.40K	USD	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	885,130.00	shares	3 Qtrs
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	885,130.00	shares	3 Qtrs
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	885,130.00	shares	1 Quarter
Weighted average shares outstanding (in shares)	`WeightedAverageSharesOutstanding`	885,130.00	shares	1 Quarter
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.10	USD	3 Qtrs
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.03	USD	3 Qtrs
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.03	USD	1 Quarter
Net loss per common share - basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.07	USD	1 Quarter

Cash Flow Statement 20 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$86.11K	USD	3 Qtrs
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$30.34K	USD	3 Qtrs
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$142.06K	USD	3 Qtrs
Unrealized foreign exchange	`ForeignCurrencyTransactionGainLossUnrealized`	$90.67K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$34.59K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$44.90K	USD	3 Qtrs
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$1.51K	USD	3 Qtrs
Amounts due to related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$1.34K	USD	3 Qtrs
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-24.22K	USD	3 Qtrs
Net cash used in operations	`NetCashProvidedByUsedInOperatingActivities`	$-9.71K	USD	3 Qtrs
Proceeds of loans payable stockholders	`ProceedsOfLoansPayableStockholders`	$24.60K	USD	3 Qtrs
Proceeds of loans payable stockholders	`ProceedsOfLoansPayableStockholders`	$10.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$24.60K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$10.00K	USD	3 Qtrs
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$289.00	USD	3 Qtrs
Increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$381.00	USD	3 Qtrs
Cash beginning of year	`CashBeginningOfYear`	$321.00	USD	3 Qtrs
Cash beginning of year	`CashBeginningOfYear`	$1.88K	USD	3 Qtrs
Cash end of Year	`CashEndOfYear`	$2.17K	USD	3 Qtrs
Cash end of Year	`CashEndOfYear`	$702.00	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.