Company: IVHI
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001683168-25-001303
Chunk: 447

Company: Invech Holdings, Inc.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 12
Chunk 447
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 services.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES

Basis of Presentation

The financial statements of the Company have been
prepared in accordance with United States generally accepted accounting principles (“US GAAP”) and are reported in United
States dollars.

Use of Estimates

The preparation of financial statements in conformity
with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from
those estimates.

Concentration of credit risk

Financial instruments which potentially subject
the Company to concentration of credit risk consist of cash deposits and customer receivables. The Company maintains cash with
various major financial institutions. The Company performs periodic evaluations of the relative credit standing of these institutions.  To
reduce risk, the Company performs credit evaluations of its customers and maintains reserves when necessary for potential credit losses.

Cash and cash equivalents

We consider all highly liquid securities with
original maturities of three months or less when acquired to be cash equivalents. There were no cash equivalents as of December 31, 2024
and 2023.

Stock-based Compensation

We account for equity-based transactions with
employees and non-employees under the provisions of ASC 718, Compensation - Stock Compensation, which establishes that equity awards issued
to employees and non-employees for services are valued at the grant date fair value of the equity award. An expense is recognized over
the requisite service or vesting period. The fair value of stock options issued as compensation shall be estimated by using a valuation
technique or model that complies with the measurement objective, as described in ASC 718.

     F-6 

Fair Value of Financial Instruments

The Company follows paragraph 825-10-50-10 of
the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of
the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments.
Paragraph 820-10-35-37 establishes a framework for measuring fair value in accordance with US GAAP and expands disclosures about fair
value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-