Company: LDDD
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-108744
Chunk: 190

Company: Longduoduo Co Ltd
Filing Date: 2025-11-12
Form: 10-Q
Item: Part II, Item 8
Chunk 190
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(“EPS”) in accordance with ASC 260, Earnings Per Share. ASC 260 requires companies with complex capital structures
to present basic and diluted EPS. Basic EPS is measured as net income (loss) divided by the weighted average common shares outstanding
during the period.

Diluted EPS is similar to basic EPS but presents
the dilutive effect on a per share basis of contracts to issue common shares (e.g., convertible securities, options and warrants) as if
they had been converted at the beginning of the periods presented, or issuance date, if later. The computation of diluted EPS includes
the estimated impact of the exercise of contracts to purchase common stock using the treasury stock method and the potential shares of
converted common stock associated with the convertible debt using the if-converted method. Potential common shares that have an anti-dilutive
effect (i.e., those that increase earnings per share or decrease loss per share) are excluded from the calculation of diluted EPS. 

On February 19, 2025, Longduoduo issued 10,020
shares of its common stock to the original shareholders of LDD, in exchange for 100% of the outstanding shares of LDD.

N. Recently
adopted accounting pronouncements

We do not
believe that any recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on the
Company’s consolidated financial position, statements of operations and cash flows.

F-10

LONGDUODUO COMPANY LIMITED AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2025
AND 2024

(UNAUDITED)

NOTE 3. PREPAYMENTS

Prepayments
primarily include prepaid expenses, equipment, leasing and advances to suppliers. As of September 30, 2025 and June 30, 2025 prepayments
were $194,259 and $133,610 respectively.

NOTE
4. PROPERTY AND EQUIPMENT

As of September
30, 2025 and June 30, 2025, property and equipment, at cost, consisted of:

    September 30,  
    June 30, 

    2025  
    2025 
  
    Office equipment and furniture 
    $465,438  
    $452,187 
  
    Leasehold improvements 
     49,717  
     70