Company: DKI
Filing Date: 2025-03-17
Form Type: DRS
Source: 0001493152-25-010539
Chunk: 204

Company: DarkIris Inc.
Filing Date: 2025-03-17
Form: DRS
Chunk 204
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, and interim periods within those annual periods. Early adoption is permitted for both interim and annual financial statements that have not yet been issued or made available for issuance. The amendments in this Update should be applied either (1) retrospectively to all prior periods presented in the financial statements or (2) prospectively to profits interest and similar awards granted or modified on or after the date at which the entity first applies the amendments. The Company evaluated and does not intend to early adopt this standard.

The Company does not believe other 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, cash flows, and disclosures.

Other accounting standards that have been issued by the FASB or other standards-setting bodies are not expected to have a material effect on the Company’s financial position, result of operations, or cash flows.

| F-14 |

Note 3. Accounts receivable, net

Accounts receivable consisted of the following:

|                                   |     | As of 
 2024  | September 30, |     | As of 
 2023  | September 30, |
|:----------------------------------|:----|:------|--------------:|:----|:------|--------------:|
| Accounts receivable               |     | $     |     1,349,808 |     | $     |       433,470 |
| Less: allowance for credit losses |     |       |             - |     |       |             - |
| Accounts receivable, net          |     | $     |     1,349,808 |     | $     |       433,470 |

Note 4. Prepaid expenses and other current assets

Prepaid expenses and other current assets consisted of the following:

|                                                |     | As of 
 2024  | September 30, |     | As of 
 2023  | September 30, |
|:-----------------------------------------------|:----|:------|--------------:|:----|:------|--------------:|
| Security deposits                              |     | $     |       300,000 |     |       |             - |
| Prepaid income sharing                         |     |       |       109,317 |     |       |             - |
| Prepaid expenses                               |     |       |        52,075 |     | $     |        22,256 |
| VAT receivables                                |     |       |        16,348