Company: AGGI
Filing Date: 2025-10-31
Form Type: 10-12G
Source: 0001683168-25-007875
Chunk: 39

Company: Allied Energy, Inc.
Filing Date: 2025-10-31
Form: 10-12G
Chunk 39
---
 results could materially differ from those estimates.

Below is
a discussion of accounting policies that we consider critical to an understanding of our financial condition and operating results and
that may require complex judgment in their application or require estimates about matters which are inherently uncertain. A discussion
of our significant accounting policies, including further discussion of the accounting policies described below, can be found in Note
2, “Summary of Significant Accounting Policies” of our Consolidated Financial Statements.

The accompanying
consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States
(“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim
financial reporting. Certain information and note disclosures normally included in the consolidated financial statements prepared in
accordance with GAAP have been condensed or omitted pursuant to such rules and regulations.

The accompanying
consolidated financial statements represent the results of operations, financial position and cash flows of Allied Energy, Inc. include
the financial statements of the Company, and its 100% owned subsidiaries. All inter-company balances and transactions have been eliminated.

The preparation
of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions
that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ significantly from
those estimates.

The Company
measures fair value in accordance with ASC 820 - Fair Value Measurements. ASC 820 defines fair value and establishes a three-level valuation
hierarchy for disclosures of fair value measurements. ASC 820 establishes a framework for measuring fair value in generally accepted
accounting principles, and expands disclosures about fair value measurements. To increase consistency and comparability in fair value
measurements and related disclosures, ASC 820 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques
used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted)
inactive markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value
hierarchy defined by ASC 820 are:

| 25 |

Level 1
- Inputs are unadjusted, quoted prices in active markets for identical assets or liabilities at the measurement date.

Level 2
- Inputs (other than quoted market prices included in Level 1) are either directly or indirectly observable for the asset or liability