ARVANA INC.
Cash Flow Statement
| Line Item | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-983.6K | $-408.9K | $-79.1K | $-111.4K | $-59.2K | $-153.2K | $-123.7K | $-153.2K |
| Depreciation & Amortization | $1.3K | $1.3K | $8.2K | $21.4K | $1.3K | $1.3K | $6.7K | $18.1K |
| Depreciation | $3.5K | $7.0K | $7.0K | $6.7K | $6.7K | $6.7K | $6.7K | $6.4K |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $664.4K | $45.3K | $44.8K | $45.8K | $-13.8K | $63.3K | $63.3K | $62.5K |
| Net Cash from Operating Activities | $-94.1K | $-229 | $16.5K | $14.5K | $-632 | $-139.9K | $-67.6K | $-19.2K |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | $0 | $133 | $6.7K | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing Activities | $879 | $-133 | $-6.7K | $0 | $0 | $-25.0K | $0 | $-2.9K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $76.4K | $-6.3K | $-4.6K | $-6.9K | $-3.7K | $46.1K | $179.3K | $40.9K |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | — | — | — | — | — | — | — |