Company: IDVV
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001683168-25-006029
Chunk: 115

Company: ModuLink Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 2
Chunk 115
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 selected financial
information from our consolidated statements of operations and comprehensive loss for the three months ended June 30, 2025 and 2024:

    Three Months Ended June 30,  

    2025  
    2024 
  
    Revenues: 

    Design and build services 
    $250,015  
    $– 
  
    Project design and management services 
     88,872  
     – 
  
    Total revenue 
     338,887  
     – 
  
    Cost of revenue 
     (297,346) 
     – 
  
    Gross profit 
     41,541  
     – 
  
    Operating expenses: 

    General and administrative expenses 
     (313,352) 
     (7,736)
  
    Loss from operation 
     (271,811) 
     (7,736)
  
    Other expenses, net 
     (540) 
     (2,461)
  
    Loss before income taxes 
     (272,351) 
     (10,197)
  
    Income tax expense 
     –  
     – 
  
    Net loss 
    $(272,351) 
    $(10,197)

Revenue

During the three months ended
June 30, 2025 and 2024, the following customers accounted for 10% or more of our total net revenues.

    Three months ended June 30, 2025  
    Three months ended June 30, 2024 
  
    Customer 
    Revenues  
    Percentage of revenues  
    Revenues  
    Percentage of revenues 

    An individual customer based in Hong Kong 
    $250,015  
     74%  
    $–  
     – 
  
    Zenith (HK) Engineering Limited 
     88,872  
     26%  
     –  
     – 
  
    Total: 
    $338,887  
     100%  
    $–  
     – 

Revenue was $338,887 for the
three months ended June 30, 2025, compared to $Nil for the same period in 2024. The increase was primarily attributable to revenue contributions
from both service segments, Design and Build Services, and Project Design and Management Services, as supported by new and ongoing projects