Company: IDVV
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001683168-25-008369
Chunk: 32

Company: ModuLink Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 8
Chunk 32
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commercial commitments as of September 30, 2025:

    Contractual Obligations 
    Total  
    Less than  1 year  
    1-3 Years  
    3-5 Years  
    More than 5 Years 

    $  
    $  
    $  
    $  
    $ 
  
    Account payables 
     233,155  
     233,155  
     –  
     –  
     – 
  
    Accrued expenses and other payables 
     35,049  
     35,049  
     –  
     –  
     – 
  
    Contract liabilities 
     35,566  
     35,566  
     –  
     –  
     – 
  
    Tax liabilities 
     64,320  
     64,320  
     –  
     –  
     – 
  
    Amount due to related companies 
     145,633  
     145,633  
     –  
     –  
     – 
  
    Notes payable 
     129,629  
     129,629  
     –  
     –  
     – 

    Total obligations 
     643,352  
     643,352  
     –  
     –  
     – 

Critical Accounting Policies and Estimates

The preparation of consolidated
financial statements in conformity with accounting principles generally accepted in the United States requires our management to make
assumptions, estimates and judgments that affect the amounts reported, including the notes thereto, and related disclosures of commitments
and contingencies, if any. We have identified certain accounting policies that are significant to the preparation of our consolidated
financial statements. These accounting policies are important for an understanding of our financial condition and results of operations.
Critical accounting policies are those that are most important to the presentation of our financial condition and results of operations
and require management's subjective or complex judgment, often as a result of the need to make estimates about the effect of matters that
are inherently uncertain and may change in subsequent periods. Certain accounting estimates are particularly sensitive because of their
significance to consolidated financial statements and because of the possibility that future events affecting the estimate may differ
significantly from management's current judgments. We believe