10-K/A Filing

AVANT TECHNOLOGIES INC. CIK: 1740797 FY 2022

Filing Information

Form Type	10-K/A
Accession Number	`0001740797-23-000051`
Period End Date	20230331
Filing Date	20230713
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	tren_10k2amen2023_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 34 Cash Flow Statement 58 Stockholders Equity 17

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Preferred StockValue Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred StockValue Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
PreferredStockSharesAuthorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
PreferredStockSharesAuthorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$107.47K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.29K	USD	Point-in-time
PreferredStockSharesIssued	`PreferredStockSharesIssued`	5.00M	shares	Point-in-time
PreferredStockSharesIssued	`PreferredStockSharesIssued`	5.00M	shares	Point-in-time
PreferredStockShares Outstanding	`PreferredStockSharesOutstanding`	5.00M	shares	Point-in-time
Prepaid Expenses	`PrepaidInterest`	$126.16K	USD	Point-in-time
Prepaid Expenses	`PrepaidInterest`	-	USD	Point-in-time
PreferredStockShares Outstanding	`PreferredStockSharesOutstanding`	5.00M	shares	Point-in-time
Loan Receivable	`LoansAndLeasesReceivableNetReportedAmount`	-	USD	Point-in-time
Loan Receivable	`LoansAndLeasesReceivableNetReportedAmount`	$167.56K	USD	Point-in-time
Common Stock Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
CommonStockSharesAuthorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Account Receivable	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Account Receivable	`AccountsReceivableNetCurrent`	$3.77K	USD	Point-in-time
CommonStockSharesAuthorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Prepaid Rent	`PrepaidRent`	$103.00	USD	Point-in-time
CommonStockSharesIssued	`CommonStockSharesIssued`	38.50M	shares	Point-in-time
Prepaid Rent	`PrepaidRent`	$98.00	USD	Point-in-time
CommonStockSharesIssued	`CommonStockSharesIssued`	26.32M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$107.58K	USD	Point-in-time
CommonStockSharesOutstanding	`CommonStockSharesOutstanding`	38.50M	shares	Point-in-time
CommonStockSharesOutstanding	`CommonStockSharesOutstanding`	26.32M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$330.87K	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.07K	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.38K	USD	Point-in-time
Furniture and Equipment	`PropertyPlantAndEquipmentNet`	$1.50K	USD	Point-in-time
Furniture and Equipment	`PropertyPlantAndEquipmentNet`	$1.50K	USD	Point-in-time
Total Fixed Assets	`PropertyPlantAndEquipmentCollectionsNotCapitalized`	$425.00	USD	Point-in-time
Total Fixed Assets	`PropertyPlantAndEquipmentCollectionsNotCapitalized`	$125.00	USD	Point-in-time
Accumulated depreciation	`OtherAssetsNoncurrent`	$-154.51K	USD	Point-in-time
Accumulated depreciation	`OtherAssetsNoncurrent`	$-131.39K	USD	Point-in-time
App Development Cost	`DevelopmentCostsCumulative`	$126.85K	USD	Point-in-time
App Development Cost	`DevelopmentCostsCumulative`	$97.40K	USD	Point-in-time
Chatbot Development	`Chatbotdevelopment`	-	USD	Point-in-time
Chatbot Development	`Chatbotdevelopment`	$4.06K	USD	Point-in-time
RSS Database	`FiniteLivedIntangibleAssetsGross`	$149.00K	USD	Point-in-time
RSS Database	`FiniteLivedIntangibleAssetsGross`	$149.00K	USD	Point-in-time
Website Development	`Websitedevelopment`	$8.36K	USD	Point-in-time
Website Development	`Websitedevelopment`	$8.36K	USD	Point-in-time
Total Intangible Assets	`IntangibleAssetsCurrent`	$133.76K	USD	Point-in-time
Total Intangible Assets	`IntangibleAssetsCurrent`	$123.37K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$241.46K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$454.66K	USD	Point-in-time
Accrued Liabilities	`AccruedInsuranceCurrent`	-	USD	Point-in-time
Accrued Liabilities	`AccruedInsuranceCurrent`	$2.82K	USD	Point-in-time
Accrued Payroll	`AccruedPayrollTaxesCurrent`	$192.60K	USD	Point-in-time
Accrued Payroll	`AccruedPayrollTaxesCurrent`	$191.00K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$44.30K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$1.99K	USD	Point-in-time
Loan from Related Parties (note 6)	`LoansAndLeasesReceivableLoansInProcess`	$154.94K	USD	Point-in-time
Loan from Related Parties (note 6)	`LoansAndLeasesReceivableLoansInProcess`	$244.22K	USD	Point-in-time
Convertible Notes Payable (note 7)	`ConvertibleNotesPayableCurrent`	$294.60K	USD	Point-in-time
Convertible Notes Payable (note 7)	`ConvertibleNotesPayableCurrent`	$169.50K	USD	Point-in-time
Loan Payable	`LoansPayableCurrent`	-	USD	Point-in-time
Loan Payable	`LoansPayableCurrent`	$176.43K	USD	Point-in-time
Notes payable - Related Party	`LongTermDebtCurrent`	$99.00K	USD	Point-in-time
Notes payable - Related Party	`LongTermDebtCurrent`	$99.00K	USD	Point-in-time
Retainers from Customers	`RetainageDeposit`	-	USD	Point-in-time
Retainers from Customers	`RetainageDeposit`	$64.55K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$860.23K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$874.72K	USD	Point-in-time
Total Liabilities	`Liabilities`	$860.23K	USD	Point-in-time
Total Liabilities	`Liabilities`	$874.72K	USD	Point-in-time
Preferred stock, $0.001 par value, 20,000,000 shares authorized; 5,000,000 and 5,000,000 common shares issued and outstanding respectively	`PreferredStockValue`	$3.95K	USD	Point-in-time
Preferred stock, $0.001 par value, 20,000,000 shares authorized; 5,000,000 and 5,000,000 common shares issued and outstanding respectively	`PreferredStockValue`	$3.95K	USD	Point-in-time
Common stock, $0.001 par value, 500,000,000 shares authorized; 38,503,811 and 26,316,083 common shares issued and outstanding respectively	`CommonStockValue`	$26.32K	USD	Point-in-time
Common stock, $0.001 par value, 500,000,000 shares authorized; 38,503,811 and 26,316,083 common shares issued and outstanding respectively	`CommonStockValue`	$38.50K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$60.19K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$172.21K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$169.00	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$847.92K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$495.85K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquityNoteSubscriptionsReceivable`	$633.26K	USD	Point-in-time
Total Stockholders Equity (Deficit)	`StockholdersEquityNoteSubscriptionsReceivable`	$405.56K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$454.66K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$241.46K	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Sales	`ProceedsFromCustomers`	$276.32K	USD	Annual
Sales	`ProceedsFromCustomers`	$921.31K	USD	Annual
TOTAL INCOME	`InterestIncomeExpenseNet`	$276.32K	USD	Annual
TOTAL INCOME	`InterestIncomeExpenseNet`	$921.31K	USD	Annual
COGS	`CostOfGoodsAndServicesSold`	$710.51K	USD	Annual
COGS	`CostOfGoodsAndServicesSold`	$316.78K	USD	Annual
GROSS PROFIT	`GrossProfit`	$40.45K	USD	Annual
GROSS PROFIT	`GrossProfit`	$-210.79K	USD	Annual
Depreciation Expense	`CostDepreciationAmortizationAndDepletion`	$23.42K	USD	Annual
Depreciation Expense	`CostDepreciationAmortizationAndDepletion`	$47.77K	USD	Annual
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$449.36K	USD	Annual
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$248.95K	USD	Annual
Professional Fees	`ProfessionalFees`	$49.55K	USD	Annual
Professional Fees	`ProfessionalFees`	$55.60K	USD	Annual
Rent Expenses	`LeaseAndRentalExpense`	$1.21K	USD	Annual
Rent Expenses	`LeaseAndRentalExpense`	$1.19K	USD	Annual
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$553.92K	USD	Annual
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$323.13K	USD	Annual
OTHER (EXPENSES) INCOME	`OtherOperatingIncomeExpenseNet`	$14.65K	USD	Annual
OTHER (EXPENSES) INCOME	`OtherOperatingIncomeExpenseNet`	$216.60K	USD	Annual
NET INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$348.93K	USD	Annual
NET INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$126.52K	USD	Annual
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	Annual
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	Annual
NET INCOME (LOSS)	`IncomeLossFromContinuingOperations`	$348.93K	USD	Annual
NET INCOME (LOSS)	`IncomeLossFromContinuingOperations`	$126.52K	USD	Annual
Foreign currency translation adjustment	`GoodwillForeignCurrencyTranslationGainLoss`	$2.97K	USD	Annual
Foreign currency translation adjustment	`GoodwillForeignCurrencyTranslationGainLoss`	$11.56K	USD	Annual
COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$130.08K	USD	Annual
COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$351.90K	USD	Annual
NET LOSS PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasic`	-	USD	Annual
NET LOSS PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasic`	-	USD	Annual
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasic`	26.32M	shares	Annual
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasic`	38.50M	shares	Annual

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetInvestmentIncome`	$126.52K	USD	Annual
Net Income	`NetInvestmentIncome`	$348.93K	USD	Annual
Foreign currency translation adjustment	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$2.97K	USD	Annual
Foreign currency translation adjustment	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$11.56K	USD	Annual
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease`	$23.42K	USD	Annual
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease`	$36.53K	USD	Annual
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$268.94K	USD	Annual
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-42.31K	USD	Annual
Accounts Receivables	`IncreaseDecreaseInAccountsReceivable`	$3.77K	USD	Annual
Accounts Receivables	`IncreaseDecreaseInAccountsReceivable`	$59.86K	USD	Annual
Accrued Liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.82K	USD	Annual
Accrued Liabilities	`IncreaseDecreaseInAccruedLiabilities`	$972.00	USD	Annual
Accrued Payroll	`IncreaseDecreaseInAccruedSalaries`	$121.00K	USD	Annual
Accrued Payroll	`IncreaseDecreaseInAccruedSalaries`	$1.60K	USD	Annual
Deferred Expenses	`IncreaseDecreaseInDeferredCharges`	-	USD	Annual
Deferred Expenses	`IncreaseDecreaseInDeferredCharges`	$1.94K	USD	Annual
Loan Receivable	`LoansAndLeasesReceivableRelatedPartiesPeriodIncreaseDecrease`	$-167.56K	USD	Annual
Loan Receivable	`LoansAndLeasesReceivableRelatedPartiesPeriodIncreaseDecrease`	$114.38K	USD	Annual
Retainers from Customers	`Retainersfrom`	$-310.65K	USD	Annual
Retainers from Customers	`Retainersfrom`	$-64.55K	USD	Annual
Prepaid Expenses	`IncreaseDecreaseInPrepaidExpense`	$77.47K	USD	Annual
Prepaid Expenses	`IncreaseDecreaseInPrepaidExpense`	$126.16K	USD	Annual
Prepaid Taxes	`IncreaseDecreaseInPrepaidTaxes`	-	USD	Annual
Prepaid Taxes	`IncreaseDecreaseInPrepaidTaxes`	$1.31K	USD	Annual
Prepaid Rent	`IncreaseDecreaseInPrepaidRent`	$98.00	USD	Annual
Prepaid Rent	`IncreaseDecreaseInPrepaidRent`	$5.00	USD	Annual
Net cash used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$54.46K	USD	Annual
Net cash used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$535.01K	USD	Annual
Chatbot Development	`DevelopmentChatbot`	$4.06K	USD	Annual
Chatbot Development	`DevelopmentChatbot`	-	USD	Annual
Mobile App Update	`Mobileapp`	$29.45K	USD	Annual
Mobile App Update	`Mobileapp`	-	USD	Annual
Vehicles acquisition cost	`VehiclesAcquisition`	-	USD	Annual
Vehicles acquisition cost	`VehiclesAcquisition`	$33.72K	USD	Annual
Net cash provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$33.51K	USD	Annual
Net cash provided by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-33.72K	USD	Annual
Additional paid in capital	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$112.01K	USD	Annual
Additional paid in capital	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	-	USD	Annual
Capital Stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Capital Stock	`ProceedsFromIssuanceOfCommonStock`	$12.19K	USD	Annual
Convertible Notes Payable	`IncreaseDecreaseInConstructionPayables`	-	USD	Annual
Convertible Notes Payable	`IncreaseDecreaseInConstructionPayables`	$125.10K	USD	Annual
Loan from Related Parties	`LoansAndLeasesReceivableRelatedPartiesProceeds`	$92.37K	USD	Annual
Loan from Related Parties	`LoansAndLeasesReceivableRelatedPartiesProceeds`	$89.28K	USD	Annual
Loan Payable	`IncreaseDecreaseInNotesPayableRelatedParties`	$-381.84K	USD	Annual
Loan Payable	`IncreaseDecreaseInNotesPayableRelatedParties`	$176.43K	USD	Annual
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$474.21K	USD	Annual
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$162.15K	USD	Annual
Net cash increase for period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$74.18K	USD	Annual
Net cash increase for period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-27.07K	USD	Annual
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$107.47K	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.29K	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$60.36K	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$107.47K	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.29K	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$60.36K	USD	Point-in-time
Supplemental disclosure of non-cash investing and financing activities: Right-of-use assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	-	USD	Annual
Supplemental disclosure of non-cash investing and financing activities: Right-of-use assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	-	USD	Annual

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$-327.41K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-633.26K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-405.56K	USD	Point-in-time
Balance, shares	`SharesOutstanding`	26.28M	shares	Point-in-time
Balance, shares	`SharesOutstanding`	38.50M	shares	Point-in-time
Balance, shares	`SharesOutstanding`	26.32M	shares	Point-in-time
Balance, value	`PreferredStockValueOutstanding`	$5.00M	USD	Point-in-time
Balance, value	`PreferredStockValueOutstanding`	$5.00M	USD	Point-in-time
Balance, value	`PreferredStockValueOutstanding`	$5.00M	USD	Point-in-time
Foreign currency translation adjustment	`FiniteLivedIntangibleAssetsTranslationAndPurchaseAccountingAdjustments`	$-11.63K	USD	Annual
Foreign currency translation adjustment	`FiniteLivedIntangibleAssetsTranslationAndPurchaseAccountingAdjustments`	$-2.97K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-126.52K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-348.93K	USD	Annual
Disposal of Subsidiary	`GainOrLossOnSaleOfStockInSubsidiary`	$-39.20K	USD	Annual
Ending balance, value	`StockholdersEquity`	$-327.41K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-633.26K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-405.56K	USD	Point-in-time

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