Financial Statement CPA Certified EXEMPT

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Hycon Investments, LLC Notes to Financial Statements June 30, 2024 6 Note 1 Organization and Nature of Business Hycon Investments, LLC (the “Company”) is a Limited Liability Company formed under the laws of the State of Florida on February 1, 2016 for the purpose of performing construction contracts. The Company is primarily engaged in performing construction contracts in South Florida. Note 2 Summary of Significant Accounting Policies Use of Estimates The preparation of financial statements in accordance with U.S. GAAP requires the use of estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. These estimates are based on historical experience and various other assumptions that management believes to be reasonable under the circumstances, including the potential future effects of macroeconomic trends and events, such as inflation and interest rate levels; uncertainty from potential market volatility; other market, industry and regulatory factors, including uncertainty related to the implementation and pace of governmental programs and initiatives and project permitting issues, and other regulatory matters or uncertainty; supply chain disruptions; climate- related matters; global events, such as military conflicts; and public health matters. These estimates form the basis for making judgments about the Company’s operating results and the carrying values of assets and liabilities that are not readily apparent from other sources. While management believes that such estimates are reasonable when considered in conjunction with the Company’s financial position and results of operations taken as a whole, actual results could differ materially from these estimates if conditions change or if certain key assumptions used in making these estimates ultimately prove to be inaccurate. Key estimates include: the recognition of revenue and project profit or loss, which the Company defines as project revenue less project costs of revenue, including project-related depreciation, in particular, on construction contracts accounts for under the cost-to-cost method, for which the recorded amounts require estimates of costs to complete and the amount and probability of variable consideration included in the contract transaction price; fair value estimates, including those related to financial instruments; allowances for credit losses, certain other accruals and allowances; and the estimated effects of litigation and other contingencies. Operating Cycle The Company’s work is normally performed under fixed-price contracts. The length of the Company contracts varies but is typically about two years. Therefore, assets and liabilities related to long-term contracts are included in current assets and current liabilities in the accompanying balance sheet as they will be liquidated in the normal course of contract completion, although this may require more than one year. Fair Value of Financial Instruments The Company’s financial instruments are cash, contracts receivable, investments, and accounts payable. The recorded values of cash , contracts receivable, and accounts payable approximate their fair values based on their short-term nature. (This space has been intentionally left blank.)