Company: IDVV
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001683168-25-006029
Chunk: 72

Company: ModuLink Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part II, Item 8
Chunk 72
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 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 enhance the quality of life. We build smart, energy-efficient structures that we believe are secure, adaptable and ready
for the future. We focus on projects that we believe will enhance the quality of life and reduce environmental impact, while driving innovation
and excellence in the real estate market across Australia, Europe, America and Asia.

By embracing advanced technologies,
we expect to achieve competitive advantages, drive sustainable growth, and meet the evolving needs of modern urban environments. We believe
that careful planning, strategic investment and effective risk management are essential to maximize the potential of these innovative
solutions and ensure long-term success. We are dedicated to advancing the boundaries of construction innovation.

In carrying out our property
development projects, we rely on third party manufacturers and partners to supply key components of our proprietary ModuLink platform,
including modular steel structures and atmospheric water generators (AWGs). These systems are designed in-house and incorporate core technologies
that are owned or controlled by the Company. However, the physical production of these components is currently outsourced to strategic
manufacturing partners located in mainland China, that operate under strict adherence to our proprietary design specifications and quality
standards.

On July 1,