Clean Vision Corp Files Q2 2025 10-Q

TL;DR

Clean Vision Corp filed their Q2 2025 10-Q. Check financials.

AI Summary

Clean Vision Corp filed a 10-Q for the period ending June 30, 2025. The company, formerly known as Byzen Digital, Inc. and CHINA VITUP HEALTH CARE HOLDINGS, INC., is involved in industrial organic chemicals. Their business address is 2711 N. Sepulveda Blvd, Manhattan Beach, CA.

Why It Matters

This filing provides investors with an update on Clean Vision Corp's financial performance and operational status for the second quarter of 2025.

Risk Assessment

Risk Level: medium — The company has a history of name changes and operates in the industrial organic chemicals sector, which can be subject to regulatory and market volatility.

Key Numbers

• Q2 2025 — Reporting Period (Quarterly filing for the period ending June 30, 2025.)
• 20250819 — Filing Date (The date the 10-Q was officially submitted to the SEC.)

Key Players & Entities

• Clean Vision Corp (company) — Filer
• 20250630 (date) — Period of Report
• 20250819 (date) — Filing Date
• Byzen Digital, Inc. (company) — Former Company Name
• CHINA VITUP HEALTH CARE HOLDINGS, INC. (company) — Former Company Name
• 2711 N. Sepulveda Blvd, Manhattan Beach, CA (location) — Business Address

FAQ

Filing Documents

• clnv_10q.htm (10-Q) — 1185KB
• ex4_10.htm (EX-4.10) — 7KB
• ex10_13.htm (EX-99.2) — 5KB
• ex31_1.htm (EX-31.1) — 9KB
• ex31_2.htm (EX-31.2) — 9KB
• ex32.htm (EX-32) — 9KB
• ex99_1-001.jpg (GRAPHIC) — 383KB
• ex99_1-002.jpg (GRAPHIC) — 445KB
• ex99_1-003.jpg (GRAPHIC) — 408KB
• ex99_1-004.jpg (GRAPHIC) — 322KB
• ex99_1-005.jpg (GRAPHIC) — 365KB
• ex99_1-006.jpg (GRAPHIC) — 350KB
• ex99_1-007.jpg (GRAPHIC) — 231KB
• ex99_1-008.jpg (GRAPHIC) — 60KB
• ex99_1-009.jpg (GRAPHIC) — 139KB
• ex99_2-001.jpg (GRAPHIC) — 287KB
• ex99_2-002.jpg (GRAPHIC) — 348KB
• ex99_2-003.jpg (GRAPHIC) — 311KB
• ex99_2-004.jpg (GRAPHIC) — 275KB
• ex99_2-005.jpg (GRAPHIC) — 89KB
• ex99_2-006.jpg (GRAPHIC) — 86KB
• ex99_2-007.jpg (GRAPHIC) — 89KB
• 0001903596-25-000421.txt ( ) — 12634KB
• clnv-20250630.xsd (EX-101.SCH) — 60KB
• clnv-20250630_cal.xml (EX-101.CAL) — 62KB
• clnv-20250630_def.xml (EX-101.DEF) — 223KB
• clnv-20250630_lab.xml (EX-101.LAB) — 424KB
• clnv-20250630_pre.xml (EX-101.PRE) — 359KB
• clnv_10q_htm.xml (XML) — 1105KB

Legal Proceedings

Legal Proceedings 34 Item 1A.

Risk Factors

Risk Factors 34 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 34 Item 3. Defaults Upon Senior Securities 34 Item 4. Mine Safety Disclosures 34 Item 5. Other Information 34 Item 6. Exhibits 34

- FINANCIAL

PART I - FINANCIAL INFORMATION

Financial

Item 1. Financial INDEX TO FINANCIAL Condensed Consolidated Balance Sheets as of June 30, 2025 (unaudited) and December 31, 2024 F-2 Condensed Consolidated Statements of Operations and Comprehensive Loss for the Three and Six Months Ended June 30, 2025, and 2024 (unaudited) F-3 Condensed Consolidated Statements of Changes in Stockholders' Equity (Deficit) for the Three and Six Months Ended June 30, 2025, and 2024 (unaudited) F-4 Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2025, and 2024 (unaudited) F-6 Notes to the Condensed Consolidated Financial Statements (unaudited) F-7 F-1 CLEAN VISION CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS June 30, 2025 December 31, 2024 ASSETS (Unaudited) (Audited) Current Assets: Cash $ 2,821,848 $ 885,835 Restricted cash 692,662 416,597 Prepaids and other assets 4,111,913 1,957,045 Accounts receivable 34,083 37,624 Loan receivable 70,000 70,000 Right of use assets — 45,467 Trading securities 5,661 5,048 Total Current Assets 7,736,167 3,417,616 Right of use assets 1,768,498 — Property and equipment 7,334,821 4,794,646 Goodwill 4,854,622 4,854,622 Total Assets $ 21,694,108 $ 13,066,884 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) Current Liabilities: Cash overdraft $ 515,012 $ 409,587 Accounts payable 1,912,397 1,042,892 Accrued compensation 604,225 595,719 Accrued expenses 2,962,832 2,282,488 Accrued interest – related party 7,770 — Convertible notes payable, net discount of $ 253,561 and $ 205,675 , respectively 6,263,739 6,044,125 Derivative liability 1,563,312 2,067,621 Settlement liability — 145,967 Loans payable 888,444 784,600 Related party payables 826,164 693,495 Loans payable, revenue share, net discount of $ 94,948 605,052 — Loans payables – related parties 4,615,000 4,300,000 Lease liabilities - current portion

financial statements for the year ended December 31, 2024

financial statements for the year ended December 31, 2024. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Concentrations of Credit Risk We maintain our cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. We continually monitor our banking relationships and consequently have not experienced any losses in our accounts. At times, such deposits may be in excess of the Federal Deposit Insurance Corporation insurable amount ("FDIC"). As of June 30, 2025, the Company had cash in excess of the FDIC's $ 250,000 coverage limit of $ 3,264,510 , in total for several accounts at one bank, in excess of the FDIC's coverage limit. Cash Equivalents The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. There were no cash equivalents for the periods ended June 30, 2025 and December 31, 2024. Restricted Cash As of June 30, 2025 and December 31, 2024, the Company has $ 692,662 and $ 416,597 , respectively, of restricted cash. The restricted cash is for UPS Industrial Services to ensure that there is three months in advance of construction capital available. Principles of Consolidation The accompanying unaudited consolidated financial India Private Limited, Clean-Seas Group, Endless Energy, Inc., EcoCell, Inc., Clean-Seas Arizona, Inc., Clean-Seas West Virginia, Clean Seas Partners UK Limited and our 51% owned subsidiary, Clean-Se

View Full Filing

View this 10-Q filing on SEC EDGAR