Company: IDVV
Filing Date: 2025-09-18
Form Type: 10-12G/A
Source: 0001683168-25-007099
Chunk: 101

Company: ModuLink Inc.
Filing Date: 2025-09-18
Form: 10-12G/A
Chunk 101
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 $                            | (206,876 | ) |     | $    |   (1,319 | )  |

Revenue

During the three months ended March 31, 2025 and
2024, the following customers accounted for 10% or more of our total net revenues.

|                                           |     | Three months ended March 31, 2025 |         |     |             |      |
|:------------------------------------------|:----|:----------------------------------|--------:|:----|:------------|:-----|
| Customer                                  |     | Revenues                          |         |     | Percentage  
 of revenues |      |
| An individual customer based in Hong Kong |     | $                                 | 300,019 |     |             | 70%  |
| Zenith (HK) Engineering Limited           |     |                                   | 129,077 |     |             | 30%  |
| Total:                                    |     | $                                 | 429,096 |     |             | 100% |

| 52 |

|                              |     | Three months ended March 31, 2024 |         |     |             |      |
|:-----------------------------|:----|:----------------------------------|--------:|:----|:------------|:-----|
| Customer                     |     | Revenues                          |         |     | Percentage  
 of revenues |      |
| CRCC - Kwan Lee - Paul Y. JV |     | $                                 | 114,487 |     |             | 100% |
| Total:                       |     | $                                 | 114,487 |     |             | 100% |

For the three months ended
March 31, 2025, total revenue was $429,096, consisting of $300,019 from design and build services and $129,077 from project design and
management services. The design and build revenue relate primarily to the residential design, build, and project management engagement
for a property in Hong Kong, which commenced in January 2025. The project design and management revenue of $129,077 was generated from
ongoing services provided under the design services management agreement with Zenith HK. The approximately 275% increase in total revenue
compared to the prior year period was primarily driven by these new and ongoing projects across both service segments. This growth demonstrates
the Company’s strategic focus on expanding its service portfolio and strengthening its presence in key markets, while balancing
capital intensity and operational risks.

Cost of Revenue

Cost of