Company: IDVV
Filing Date: 2025-05-30
Form Type: 10-12G
Source: 0001683168-25-004098
Chunk: 82

Company: ModuLink Inc.
Filing Date: 2025-05-30
Form: 10-12G
Chunk 82
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2023, we had accumulated deficit of $437,697 and $180,748, respectively.

Our financial statements for
the years ended December 31, 2024 and 2023 have been prepared assuming that we will continue as a going concern. Our continuation as a
going concern is dependent upon improving our profitability and the continuing financial support from our stockholders. The Company plans
to secure additional funding to support its current operations, expected future growth and strategic objectives. Management is actively
pursuing financing opportunities through debt and equity transactions, as well as exploring new development projects and accelerating
the commercialization of its products. If successfully executed, these initiatives are expected to generate positive operating cash flows
and improve the Company’s financial position.

Based on management’s
best estimates, the Company believes it has sufficient financial resources to meet its obligations for at least the next twelve months.

| 40 |

Results of Operations for the Year Ended December 31, 2024 and 2023

Comparison of the fiscal years ended December 31, 2024 and 2023

The following table sets forth certain operational
data for the years indicated:

| Revenues:                              |     | Years Ended December 31, 
 2024                     |          |   |     | 2023 |            |    |
|:---------------------------------------|:----|:-------------------------|---------:|:--|:----|:-----|-----------:|:---|
| Design and build services              |     | $                        |  114,482 |   |     | $    |  1,624,302 |    |
| Project design and management services |     |                          |  294,860 |   |     |      |          – |    |
| Total revenue                          |     |                          |  409,342 |   |     |      |  1,624,302 |    |
| Cost of services                       |     |                          | (349,179 | ) |     |      | (1,580,073 | )) |
| Gross profit                           |     |                          |   60,163 |   |     |      |     44,229 |    |
| Operating expenses:                    |     |                          |          |   |     |      |            |    |
| General and administrative expenses    |     |                          | (283,675 | ) |     |      |    (10,908 | )  |
| (Loss) / profit from operation