Company: LDDD
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001213900-25-042963
Chunk: 53

Company: Longduoduo Co Ltd
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 2
Chunk 53
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Item 2. Management’s Discussion and Analysis
of Financial Condition and Results of Operations

The following discussion and analysis of our financial
condition and results of operations are based upon our condensed consolidated financial statements and the notes thereto included elsewhere
in this Quarterly Report on Form 10-Q, which have been prepared in accordance with accounting principles generally accepted in the United
States. The preparation of such financial statements requires us to make estimates and judgments that affect the reported amounts of assets,
liabilities, revenues, and expenses. On an ongoing basis, we evaluate these estimates, including those related to useful lives of real
estate assets, bad debts, impairment, contingencies and litigation. We base our estimates on historical experience and on various other
assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about
the carrying values of assets and liabilities that are not readily apparent from other sources. There can be no assurance that actual
results will not differ from those estimates.

Application of Critical Accounting Policies

The discussion and analysis of the Company’s
financial condition and results of operations is based upon its condensed consolidated financial statements, which have been prepared
in accordance with United States generally accepted accounting principles. The preparation of these financial statements requires us to
make significant estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure
of contingent assets and liabilities. These items are monitored and analyzed by management for changes in facts and circumstances, and
material changes in these estimates could occur in the future. Changes in estimates are recorded in the period in which they become known.
The Company bases its estimates on historical experience and various other assumptions that we believe to be reasonable under the circumstances.
Actual results may differ from our estimates if past experience or other assumptions do not turn out to be substantially accurate.

In connection with the preparation of our financial
statements for the three months ended March 31, 2025, there was no accounting estimate made which was (a) subject to a high degree of
uncertainty and (b) material to our results.

Results of Operations

Three Months Ended March 31, 2025 Compared
to Three Months Ended March 31, 2024

The following table shows key components of the
unaudited results of operations during the three months ended March 31, 2025 and 2024: 

    For the Three Months Ended  

    March 31,  

    2025