Company: AGGI
Filing Date: 2025-10-31
Form Type: 10-12G
Source: 0001683168-25-007875
Chunk: 36

Company: Allied Energy, Inc.
Filing Date: 2025-10-31
Form: 10-12G
Chunk 36
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 higher revenue and normalization of operating expenses.

Liquidity and Capital Resources for Six Months Ended June 30, 2025 and 2024

Cash Flows from Operating Activities

Net cash
used by operating activities was $249,988 for the six months ended June 30, 2025, as compared with $360,238 cash used for the six months
ended June 30, 2024. Our negative operating cash flow for both periods was primarily our net losses, as adjusted to reconcile net loss
to net cash provided by operating activities.

Cash Flows from Investing Activities

Net cash
used in investing activities was $0 for the six months ended June 30, 2025, as compared with $20,316 cash used for the six months ended
June 30, 2024. The use of cash was primarily related to software development costs.

Cash Flows from Financing Activities

We recorded
net cash provided by financing activities of $258,435 for the six months ended June 30, 2025, compared to $293,466 for the six months
ended June 30, 2024. Cash inflows in both periods primarily consisted of proceeds from subscription receivables related to the issuance
of common stock and from the exercise of stock options by employees, shareholders, and consultants.

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

Revenues and cost of sales

We recorded
revenues of $350,676 for the year ended December 31, 2024, compared to $65,852 for the year ended December 31, 2023. Management attributes
the improvement to greater adoption of the BILI Base™ platform and more managed campaigns under BILI Boost™. Cost of sales
declined from $255,002 in 2023 to $118,075 in 2024, as our 2023 results included one-time costs associated with the initial build-out
of the platform. Consequently, our gross margin improved to $232,601 in 2024 from a gross loss of $189,150 in 2023.

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Operating Expenses

We recorded
operating expenses of $735,620 for the year ended December 31, 2024, compared to $271,477 for the year ended December 31, 2023. General
and administrative expenses were $698,043 in 2024 compared to $195,053 in 2023. Stock