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Marvion Inc.
CIK:0001439264|SEC Filings
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Income Statement [Abstract] | ||||||
| Revenues, net | $ 1,053,429 | $ 889,768 | $ 1,857,171 | $ 1,530,791 | ||
| Cost of revenues | (508,617) | (583,878) | (839,293) | (902,882) | ||
| Gross profit | 544,812 | 305,890 | 1,017,878 | 627,909 | ||
| Operating expenses: | ||||||
| General and administrative expenses | (378,254) | (282,700) | (731,354) | (542,479) | ||
| Total operating expenses | (378,254) | (282,700) | (731,354) | (542,479) | ||
| Income from operations | 166,558 | 23,190 | 286,524 | 85,430 | ||
| Other (expense) income: | ||||||
| Interest income | 40 | 199 | 82 | 474 | ||
| Interest expense | (40,602) | (76,873) | (80,615) | (123,988) | ||
| (Loss) gain on disposal of property and equipment | (15) | 0 | 5,151 | 0 | ||
| Gain on debt extinguishment | 0 | 170,000 | 0 | 170,000 | ||
| Total other (expenses) incomes, net | (40,577) | 93,326 | (75,382) | 46,486 | ||
| Income before income taxes | 125,981 | 116,516 | 211,142 | 131,916 | ||
| Income tax expense | (28,699) | (8,715) | (36,251) | (17,138) | ||
| Net income | 97,282 | 107,801 | 174,891 | 114,778 | ||
| Other comprehensive income: | ||||||
| Foreign currency adjustment loss | (463) | (3,121) | (11,204) | (3,473) | ||
| Comprehensive income | $ 96,819 | $ 104,680 | $ 163,687 | $ 111,305 | ||
| Net income per share: | ||||||
| Basic | [1] | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | |
| Diluted | [1] | $ 0.00 | $ 0.00 | $ 0.00 | $ 0.00 | |
| Weighted average common shares outstanding: | ||||||
| Basic | 390,024,555 | 340,389,151 | 386,202,488 | 328,233,780 | ||
| Diluted | 390,024,555 | 340,389,151 | 386,202,488 | 328,233,780 | ||
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