Company: CLIK
Filing Date: 2025-04-02
Form Type: 424B4
Source: 0001213900-25-027705
Chunk: 184

Company: Click Holdings Ltd.
Filing Date: 2025-04-02
Form: 424B4
Chunk 184
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     | HK$7.81 to US$1 |
| Statement of operations and cash flow items:     |     |                 |
| December 31, 2023                                |     | HK$7.83 to US$1 |
| December 31, 2022                                |     | HK$7.83 to US$1 |

D. Fair value of financial instruments The accounting standards regarding fair value (“FV”) of financial instruments and related FV measurements defines financial instruments and requires disclosure of the FV of financial instruments held by the Company. The Company considers the carrying amount of current assets and liabilities to approximate their FVs because of their short -termnature. The accounting standards define FV, establish a three -levelvaluation hierarchy for disclosures of FV measurements and enhance disclosure requirements for FV measures. The three levels are defined as follow:

| Level 1: |     | Inputs such as unadjusted quoted prices for identical assets or liabilities in active markets.                                                                                                                                                                |
| Level 2: |     | Inputs — quoted prices, not included in Level 1, for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. |
| Level 3: |     | Inputs — inputs based upon prices or valuation techniques that are unobservable and significant to the FV.                                                                                                                                                    |

Financial instruments of the Company are primarily comprised of cash and cash equivalents, accounts receivable, other current assets, due from related parties, accounts payable, accrued expenses and other current liabilities, due to related parties, bank loans and income tax payable. As of December 31, 2023 and 2022, the carrying values of these financial instruments approximated their FVs because of the short -termnature of these instruments.

F-26 CLICK HOLDINGS LIMITED AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
DECEMBER 31, 2023 AND 2022 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.) E. Cash and cash equivalents Cash and cash equivalents primarily consist of cash on hand and bank deposits. The Company mainly maintains its cash at banks in Hong Kong and has not experienced any losses from such concentrations. F. Accounts receivable In May 2019, the FASB issued the Accounting Standards Update (ASU) 2019 -05, which is an update to ASU Update No.