Company: IDVV
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001683168-25-006029
Chunk: 40

Company: ModuLink Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 40
---
 had the following contractual obligations and
commercial commitments as of June 30, 2025:

    Contractual Obligations 
    Total  
    Less than  1 year  
    1-3 Years  
    3-5 Years  
    More than 5 Years 

    $  
    $  
    $  
    $  
    $ 
  
    Account payables 
     332,635  
     332,635  
     –  
     –  
     – 
  
    Accrued expenses 
     12,036  
     12,036  
     –  
     –  
     – 
  
    Contract liabilities 
     155,094  
     155,094  
     –  
     –  
     – 
  
    Tax liabilities 
     64,320  
     64,320  
     –  
     –  
     – 
  
    Amount due to related companies 
     850  
     850  
     –  
     –  
     – 
  
    Notes payable 
     127,050  
     127,050  
     –  
     –  
     – 

    Total obligations 
     691,985  
     691,985  
     –  
     –  
     – 

Critical Accounting Policies and Estimates

The preparation of consolidated
financial statements in conformity with accounting principles generally accepted in the United States requires our management to make
assumptions, estimates and judgments that affect the amounts reported, including the notes thereto, and related disclosures of commitments
and contingencies, if any. We have identified certain accounting policies that are significant to the preparation of our consolidated
financial statements. These accounting policies are important for an understanding of our financial condition and results of operations.
Critical accounting policies are those that are most important to the presentation of our financial condition and results of operations
and require management's subjective or complex judgment, often as a result of the need to make estimates about the effect of matters that
are inherently uncertain and may change in subsequent periods. Certain accounting estimates are particularly sensitive because of their
significance to consolidated financial statements and because of the possibility that future events affecting the estimate may differ
significantly from management's current judgments. We believe the