Company: IVHI
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001683168-25-005573
Chunk: 4

Company: Invech Holdings, Inc.
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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 Company’s unaudited financial statements
have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”),
and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) and reflect all adjustments,
consisting of normal recurring adjustments, which management believes are necessary to fairly present the financial position, results
of operations and cash flows of the Company as of and for the six month period ending June 30, 2025 and not necessarily indicative of
the results to be expected for the full year ending December 31, 2025.

Use of Estimates

The preparation of financial statements in conformity
with accounting principles generally accepted in the United States of America 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 revenues and expenses during the reporting period.  Actual results could differ from
those estimates.

Concentration of credit risk

Financial instruments which potentially
subject the Company to concentration of credit risk consist of cash deposits and customer receivables. The Company maintains cash
with various major financial institutions. The Company performs periodic evaluations of the relative credit standing of these
institutions. To reduce risk, the Company performs credit evaluations of its customers and maintains reserves when necessary for
potential credit losses.

Cash and cash equivalents

We consider all highly liquid securities with
original maturities of three months or less when acquired to be cash equivalents. There were no cash equivalents as of June 30, 2025 and
December 31, 2024.

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Net Income (Loss) Per Common Share

Net income
(loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss)
per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during
the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares
of common stock and potentially outstanding shares of common stock during the period. The weighted average number of common shares outstanding
and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period presented. As
of June 30, 2025 and 2024, the Company’s diluted loss per share is the same as the basic