Company: IDVV
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001683168-25-008369
Chunk: 3

Company: ModuLink Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 8
Chunk 3
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2025. In addition,
as at the reporting date, the Company has accumulated deficit of $3,615,322. These factors raise substantial doubt about the Company’s
ability to continue as a going concern. The Company’s plans regarding those concerns are addressed in the following paragraph. The
accompany consolidated financial statements do not reflect any adjustments that might result from the outcome of these uncertainties.

The Company plans to secure additional funding
to support its current operations, expected future growth and strategic objectives. Management is actively pursuing financing opportunities
through debt and equity transactions, as well as exploring new development projects and accelerating the commercialization of its products.
If successfully executed, these initiatives are expected to generate positive operating cash flows and improve the Company’s financial
position.

Based on management’s best estimates, the
Company believes it has sufficient financial resources to meet its obligations for at least the next twelve months.

     F-6 

INTERNATIONAL ENDEAVORS CORPORATION

CONDENSED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER
30, 2025 AND 2024

(UNAUDITED)

    NOTE 2
    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

(A) Basis of Presentation and Preparation

These consolidated financial statements of the
Company have been prepared in conformity with generally accepted accounting principles in the United States of America (“GAAP”)
and are expressed in United States dollars. In the opinion of management, the Company has made all necessary adjustments, which include
normal recurring adjustments, for a fair statement of the Company’s consolidated financial position and results of operations for
the periods presented. Certain information and disclosure included in these interim consolidated financial statements have been condensed
or omitted pursuant to the U.S. Securities and Exchange Commission (“SEC”) rules. These condensed consolidated financial statements
should be read in conjunction with our audited consolidated financial statements and accompanying notes for the year ended December 31,
2024. The results for the three and nine months periods ended September 30, 2025 and 2024, are not necessarily indicative of the results
to be expected for a full year, any other interim periods or future years or periods.

(B) Principles of Consolidation

The consolidated financial statements include
the financial statements of International Endeavors Corporation, ModuLink Investment Limited and its subsidiaries and associated companies
for which it is the primary beneficiary. Upon making this determination, the Company is deemed to be the primary beneficiary of these