Company: AGGI
Filing Date: 2025-10-31
Form Type: 10-12G
Source: 0001683168-25-007875
Chunk: 88

Company: Allied Energy, Inc.
Filing Date: 2025-10-31
Form: 10-12G
Chunk 88
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|:----|:--------|:--|:----|:--------|------------------:|:----|:--------|:--|:----|:--------|:--|
|                    |     | Level 1 |               |     | Level 2 |   |     | Level 3 |   |     | Level 1 |                   |     | Level 2 |   |     | Level 3 |   |
| Cash equivalents:  |     |         |               |     |         |   |     |         |   |     |         |                   |     |         |   |     |         |   |
| Money market funds |     | $       |        37,956 |     | $       | – |     | $       | – |     | $       |           259,466 |     | $       | – |     | $       | – |

As of June 30, 2025 and December 31, 2024, the
Company’s cash and cash equivalents totaled $290,897 and $291,385, respectively, consisting of cash at banks of $252,941 and $31,920,
which are carried at cost and approximate fair value, and money market mutual funds of $37,956 and $259,466, 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 June 30, 2025 and 2024.

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. Revenue is recognized when control of promised goods or services is transferred to customers,
in an amount that reflects the consideration the Company expects to receive. The Company determines revenue recognition through the following
steps:

| 1. | Identification of the contract(s) with a customer; |

| 2. | Identification of the performance obligations in the contract; |

| 3. | Determination of the transaction price; |

| 4. | Allocation of the transaction price to the performance obligations 
 in the contract; and                                               |

| 5. | Recognition of revenue when, or as, the