Company: IDVV
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001683168-25-008369
Chunk: 14

Company: ModuLink Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 8
Chunk 14
---
 has determined that no additional disclosures are required.

The Company’s indirect wholly owned subsidiary,
ModuLink InnoTech Company Limited (“MICL”), has established a new Australian entity, ModuLink Innotech Pty Limited (“MIPL”)
in November 2025. The new company is 80% owned by MICL, with 20% ownership held by Australian partners. This partnership supports the
Company’s long-term strategy to expand its presence in the Asia-Pacific region and promote its AI healthcare and smart living solutions
within the Australian market.

 F-16 

Item 2. Management’s Discussion and Analysis
of Financial Condition and Results of Operations.

The following discussion
and analysis of our Company’s financial condition and results of operations should be read in conjunction with our unaudited condensed
consolidated financial statements and the related notes included elsewhere in the report. This discussion contains forward-looking statements
that involve risks and uncertainties. Actual results and the timing of selected events could differ materially from those anticipated
in these forward-looking statements as a result of various factors. See “Cautionary Note Concerning Forward-Looking Statements”
on page ix.

Unless otherwise noted, all
currency figures quoted as “U.S. dollars”, “dollars” or “$” refer to the legal currency of the United
States. Throughout this report, assets and liabilities of the Company’s subsidiaries are translated into U.S. dollars using the
exchange rate on the balance sheet date. Revenue and expenses are translated at average rates prevailing during the period. The gains
and losses resulting from translation of financial statements of foreign subsidiaries are recorded as a separate component of accumulated
other comprehensive income (loss) within the unaudited condensed consolidated statements of changes in stockholders’ (deficit) equity.

Unless indicated otherwise,
throughout this Quarterly Report on Form 10-Q, we refer to International Endeavors Corporation and its consolidated subsidiaries, as “IDVV,”
“we,” “us” and “our.”

Numerical information in
this report is presented on a rounded basis using actual amounts. Minor differences in totals and percentage calculations may exist due
to rounding.

Description of Business

International Endeavors Corporation
is a Nevada holding company that through its subsidiaries are engaged primarily in property development construction and design services
by implementing modular integrated construction technology (“MiC”), embedded with our proprietary atmospheric water generators
(“AWG”) and property management system by internet of things technology (“IoT”). We develop sustainable, technology-enabled
communities that