Company: AGGI
Filing Date: 2025-10-31
Form Type: 10-12G
Source: 0001683168-25-007875
Chunk: 67

Company: Allied Energy, Inc.
Filing Date: 2025-10-31
Form: 10-12G
Chunk 67
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 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-9 |

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:

| Cash equivalents:  |     | December 31, 
 2024         
 Level 1      |         |     | Level 2 |   |     | Level 3 |   |     | 2023    
 Level 1 |         |     | Level 2 |   |     | Level 3 |   |
|:-------------------|:----|:-------------|--------:|:----|:--------|:--|:----|:--------|:--|:----|:--------|--------:|:----|:--------|:--|:----|:--------|:--|
| Money market funds |     | $            | 259,466 |     | $       | – |     | $       | – |     | $       | 154,161 |     | $       | – |     | $       | – |

As of December 31, 2024 and 2023, the Company’s
cash and cash equivalents totaled $291,385 and $185,867, respectively, consisting of cash at banks of $31,920 and $31,707, which are carried
at cost and approximate fair value, and money market mutual funds of $259,466 and $154,161, which are classified as Level 1 financial
instruments. The fair value of the Company’s money market funds approximated amortized cost and, as such, there were no unrealized
gains or losses as of December 31, 2024 and 2023.

Determining which category an asset or liability falls within the hierarchy requires significant judgment. The Company evaluates its hierarchy
disclosures on a recurring basis which involves reassessing the appropriateness of the chosen hierarchy level as new information or market
conditions become available.

Revenue recognition

The Company recognizes revenue in accordance with
ASC 606, Revenue from Contracts with Customers.