While I don’t know if your analysis is wrong, I think you took it a bit too serious 😅.

Trendlocity is the name of the comicseries, aka Val and Isaak. If you scroll through the comics you might notice that many of them are just silly stories without deeper meaning. The author even writes ‘I draw goofy aliens sometimes.’ in their about.
The two in the top panels are the time boys . They constantly shift through time, which might explain the changing clothing. The character with the wizard hat is Isaac and asked them to help him out of the awkward situation of forgetting a name of someone he should know.