Company: IDVV
Filing Date: 2025-09-18
Form Type: 10-12G/A
Source: 0001683168-25-007099
Chunk: 163

Company: ModuLink Inc.
Filing Date: 2025-09-18
Form: 10-12G/A
Chunk 163
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 is provided on a straight-line basis, less estimated residual values over the assets’ estimated
useful lives. The estimated useful lives are as follows:

| Office equipment       | 3 years |
| Furniture and fixtures | 3 years |
| Leasehold improvement  | 3 years |

When equipment is retired or otherwise disposed
of, the related cost, accumulated depreciation and provision for impairment loss, if any, are removed from the respective accounts, and
any gain or loss is reflected in the consolidated statements of operations and comprehensive loss. Repairs and maintenance costs on equipment
are expensed as incurred.

| F-25 |

<div align='center'>INTERNATIONAL ENDEAVORS CORPORATION

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023</div>

| NOTE 2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) |

(F) Impairment of Long-Lived Assets

Long-lived assets, such as equipment, are reviewed
for impairment whenever events or changes in circumstance indicate that the carrying amount of the assets may not be recoverable. An impairment
loss is recognized when the carrying amount of a long-lived asset exceeds the sum of the undiscounted cash flows expected to be generated
from the asset’s use and eventual disposition. An impairment loss is measured as the amount by which the carrying amount exceeds
the fair value of the asset calculated using a undiscounted cash flow analysis. There was no impairment of long-lived assets for the years
ended December 31, 2024 and 2023.

(G) Accounts Receivable Net of Allowance for Expected Credit Losses

Accounts receivable primarily represents revenue
recognized that was not invoiced at the balance sheet date and is primarily billed and collected in the following month. Trade accounts
receivable are carried at the original invoiced amount less an estimated allowance for expected credit losses based on the probability
of future collection. Management determines the adequacy of the allowance based on historical loss patterns, the number of days that
customer invoices are past due, reasonable and supportable forecasts of future economic conditions to inform adjustments over historical
loss data, and an evaluation of the potential risk of loss associated with specific accounts. When management becomes aware of circumstances
that may further decrease the likelihood of collection, it records a specific allowance against amounts due, which reduces the receivable
to the amount that management reasonably believes will be collected. The Company records changes in