Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 626

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 626
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 on June 30, 2025, and on December 31, 2024, accounts receivable totaled $204,156. The Company has $1,815,938 due to it from related party loan receivables on June 30, 2025 and $1,763,832 on December 31, 2024, these notes are subject to credit risk if related parties are unable to repay when they become due. Payments are currently being made as agreed.

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### Liquidity risk —
The risk the Company will not be able to meet its financial obligations as they fall due. The Company manages its liquidity needs by carefully monitoring the cash outflows required for day-to-day operations. The Company is constantly seeking capital from debt and equity relationships with related and unrelated parties to have access to cash as needed to sustain its operations and pay its debts as they become due.

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#### Market and other risk —
The risk of uncertainty arising primarily from possible movements in its market and their impact on the future economic viability of the Company’s operations and the ability of the Company to raise capital and earn income.

These market risks are evaluated by monitoring changes in key economic indicators and market information on an on-going basis and adjusting operating budgets accordingly. There is a risk of noncompliance with regulators, as the Company is regulated by the OTC Markets and SEC and is publicly quoted.

Regulatory requirements are constantly being revised to protect the markets’ interest. More stringent reporting and disclosure requirements are inevitable. To mitigate the risk of noncompliance the Company regularly consults with its SEC legal counsel, regulatory and financial reporting consultants.

#### NOTE 5 — ACCOUNTS RECEIVABLE, NET AND REVENUE
The Company adopted ASU 2016-13, ‘Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments,’ on January 1, 2023. The adoption of this standard did not have a material impact on the Company’s consolidated financial statements. The Company determined that its historical loss rates and current conditions, along with reasonable and supportable forecasts, indicated that a credit loss reserve adjustment was necessary for trade receivables. As such, no adjustment to retained earnings was made upon adoption.

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TABLE OF CONTENTS

BTAB ECOMMERCE GROUP, INC. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS NOTE 5 — ACCOUNTS RECEIVABLE, NET AND RE