Company: AGGI
Filing Date: 2025-10-31
Form Type: 10-12G
Source: 0001683168-25-007875
Chunk: 87

Company: Allied Energy, Inc.
Filing Date: 2025-10-31
Form: 10-12G
Chunk 87
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 for impairment
whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. Recoverability is
assessed by comparing the carrying amount of the asset to the estimated undiscounted future cash flows expected to be generated by the
asset. If the carrying amount exceeds the estimated undiscounted cash flows, an impairment loss is recognized in an amount equal to the
excess of the carrying amount over fair value.

For the six months ended June 30, 2025 and 2024,
the Company did not recognize any impairment losses on its long-lived assets.

Fair value of financial instruments

The Company measures fair value in accordance
with ASC 820, Fair Value Measurement. ASC 820 defines fair value as the price that would be received to sell an asset or paid to
transfer a liability in an orderly transaction between market participants at the measurement date, and establishes a three-level hierarchy
for inputs used in measuring fair value:

| · | Level 1 — Quoted prices in active markets for identical 
 assets or liabilities.                                  |

| · | Level 2 — Observable inputs other than Level 1 prices such                                                                            
 as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable 
 or can be corroborated by observable market data for substantially the full term of the assets or liabilities.                        |

| · | Level 3 — Unobservable inputs that are supported by little                                     
 or no market activity and that are significant to the fair value of the assets or liabilities. |

The Company’s financial instruments primarily
consist of cash and cash equivalents, accounts receivable, net, other receivables, due from related party, accounts payable, other payables
and accrued expenses and due to a related party. The carrying values of these financial instruments’ approximate fair values due
to their short maturities.

| F-24 |

A financial instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the
fair value measurement. Account balances measured at fair value on a recurring basis include the following as of the dates presented:

|                    |     |         | June 30, 2025 |     |         |   |     |         |   |     |         | December 31, 2024 |     |         |   |     |         |   |
|:-------------------|:----|:--------|--------------:|:----|:--------|:--