Invech Holdings, Inc. 10-Q

Item 1. Financial Statements INVECH HOLDINGS, INC . BALANCE SHEETS June 30, December 31, 2025 2024 (Unaudited) ASSETS Current Assets: Cash $ – $ – Prepaid 1,500 1,260 Total Assets $ 1,500 $ 1,260 LIABILITIES AND STOCKHOLDERS' DEFICIT Current Liabilities: Due to a related party $ 39,120 $ – Due to a former related party 4,443 4,443 Accruals 5,391 5,391 Total Liabilities 48,954 9,834 Commitments and contingencies – – Stockholders' Deficit: Preferred stock, $ 0.001 par value; 5,000,000 shares authorized – – Series A Preferred stock, $ 0.001 par value; 1,000,000 shares designated; 300,000 and 300,000 shares issued and outstanding, respectively 300 300 Common stock, $ 0.001 par value; 500,000,000 shares authorized, 100,521,335 and 100,521,335 shares issued and outstanding, respectively 100,521 100,521 Additional paid-in capital 197,670 197,670 Accumulated deficit ( 345,945 ) ( 307,065 ) Total Stockholders’ Deficit ( 47,454 ) ( 8,574 ) Total Liabilities and Stockholders' Deficit $ 1,500 $ 1,260 The accompanying notes are an integral part of these unaudited financial statements. 3 INVECH HOLDINGS, INC . STATEMENTS OF OPERATIONS (Unaudited) For the Three Months Ended June 30, For the Six Months Ended June 30, 2025 2024 2025 2024 Operating Expenses: General and administrative expenses $ 7,503 $ 16,159 $ 38,880 $ 45,776 Total operating expenses 7,503 16,159 38,880 45,776 Loss from operations ( 7,503 ) ( 16,159 ) ( 38,880 ) ( 45,776 ) Net Loss $ ( 7,503 ) $ ( 16,159 ) $ ( 38,880 ) $ ( 45,776 ) Loss per share– basic and diluted $ ( 0.00 ) $ ( 0.00 ) $ ( 0.00 ) $ ( 0.00 ) Weighted average shares – basic and diluted 10,521,335 10,521,335 10,521,335 10,521,335 The accompanying notes are an integral part of these unaudited financial statements . 4 INVECH HOLDINGS, INC . STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2025 AND 2024 (Unaudited) Series A Preferred Stock Common Stock Additional Paid in Accumulated Total Stockholders’ Shares Amount Shares Amount Capital Deficit Deficit Balance at December 31, 2024 300,000 $ 300 100,521,335 $ 100,521 $ 197,670 $ ( 307,065 ) $ ( 8,574 ) Net loss – – – – – ( 31,377 ) ( 31,377 ) Balance at March 31, 2025 300,000 300 100,521,335 100,521 197,670 ( 338,442 ) ( 39,951 ) Net loss – – – – – ( 7,503 ) ( 7,503 ) Balance at June 30, 2025 300,000 $ 300 100,521,335 $ 100,521 $ 197,670 $ ( 345,945 ) $ ( 47,454 ) Series A Preferred Stock Common Stock Additional Paid in Accumulated Total Stockholders’ Shares Amount Shares Amount Capital Deficit Equity (Deficit) Balance at December 31, 2023 (Restated) 300,000 $ 300 10,521,335 $ 10,521 $ 202,294 $ ( 246,590 ) $ ( 33,475 ) Net loss – – – – – ( 29,617 ) ( 29,617 ) Balance at March 31, 2024 300,000 300 10,521,335 10,521 202,294 ( 276,207 ) ( 63,092 ) Net loss – – – – – ( 16,159 ) ( 16,159 ) Balance at June 30, 2024 300,000 $ 300 10,521,335 $ 10,521 $ 202,294 $ ( 292,366 ) $ ( 79,251 ) The accompanying notes are an integral part of these unaudited financial statements. 5 INVECH HOLDINGS, INC . STATEMENTS OF CASH FLOWS (Unaudited) For the Six Months Ended June 30, 2025 2024 Cash flows from operating activities: Net loss $ ( 38,880 ) $ ( 45,776 ) Adjustments to reconcile net loss to net cash used in operating activities: Changes in assets and liabilities: Prepaid ( 240 ) – Net cash used in operating activities ( 39,120 ) ( 45,776 ) Cash flows from investing activities: – – Cash flows from financing activities: Cash advances – related party 39,120 38,776 Net cash provided by financing activities 39,120 38,776 Net change in cash – ( 7,000 ) Cash, beginning of period – 7,000 Cash, end of period $ – $ – The accompanying notes are an integral part of these unaudited financial statements. 6 INVECH HOLDINGS, INC . Notes to the Financial Statements June 30, 2025 NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS Invech Holdings, Inc. (OTC “IVHI”) was incorporated under the laws of the State of Nevada on December 17, 1998, as Explore Technologies, Inc. On July 19, 2018, the name of the Company was changed to Invech Holdings, Inc. On January 21, 2023, 300,000 shares of Convertible Series A Preferred Stock was sold to Small Cap Compliance, LLC for $ 40,000 . These shares represent a change of control. With the change of control, the Company is moving in a new direction, specializing in drafting regulatory documents and consulting for public companies. Services include FINRA corporate filings, drafting incorporation and corporate documents, drafting OTC Markets Disclosure Statements, and general public company compliance. The Company will act as an outside consulting firm for these services. NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The Company’s unaudited financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”), and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) and reflect all adjustments, consisting of normal recurring adjustments, which management believes are necessary to fairly present the financial position, results of operations and cash flows of the Company as of and for the six month period ending June 30, 2025 and not necessarily indicative of the results to be expected for the full year ending December 31, 2025. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Concentration of credit risk Financial instruments which potentially subject the Company to concentration of credit risk consist of cash deposits and customer receivables. The Company maintains cash with various major financial institutions. The Company performs periodic evaluations of the relative credit standing of these institutions. To reduce risk, the Company performs credit evaluations of its customers and maintains reserves when necessary for potential credit losses. Cash and cash equivalents We consider all highly liquid securities with original maturities of three months or less when acquired to be cash equivalents. There were no cash equivalents as of June 30, 2025 and December 31, 2024. 7 Net Income (Loss) Per Common Share Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period. The weighted average number of common shares outstanding and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period presented. As of June 30, 2025 and 2024, the Company’s diluted loss per share is the same as the basic loss per share, as the inclusion of any potentially dilutive shares would have had an anti-dilutive effect due to the Company generating a loss. Recent Accounting Pronouncements The Company has implemented all applicable accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations. NOTE 3 – GOING CONCERN The accompanying unaudited financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has no revenue and has an accumulated deficit as of June 30, 2025. The Company requires capital for its contemplated operational and marketing activities. The Company’s ability to raise additional capital through the future issuances of common stock is unknown. The obtainment of additional financing, the successful development of the Company’s contemplated plan of operations, and its transition, ultimately, to the attainment of profitable operations are necessary for the Company to continue operations. These conditions and the ability to successfully resolve these factors raise substantial doubt about the Company’s ability to continue as a going concern. The financial statements of the Company do not include any adjustments that may result from the outcome of these uncertainties. NOTE 4 – PREFERRED STOCK The Company has authorized 5,000,000 shares of Preferred Stock. 1,000,000 of those shares are designated as Series A Convertible Preferred Stock (“Series A”). Each share of Convertible Series A Preferred Stock is convertible into 1,000 shares of common stock. In addition, the Convertible Series A Preferred Stock has voting privileges of 1,000 votes per one share of Series A. The Convertible Series A Preferred Stock is not entitled to dividend. NOTE 5 – RELATED PARTY TRANSACTIONS During the six months ended June 30, 2025, SCC advanced the Company $ 39,120 to pay for general operating expenses. The advance is non-interest bearing and due on demand. NOTE 6 – SUBSEQUENT EVENTS In accordance with SFAS 165 (ASC 855-10) management has performed an evaluation of subsequent events through the date that the financial statements were issued and has determined that there are no material subsequent events to disclose in these financial statements other than the following. Subsequent to June 30, 2025, SCC advanced the Company $932 to pay for general operating expenses. 8