Company: EZOO
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022083
Chunk: 6

Company: Ezagoo Ltd
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 6
---
,692)
  
    Accrual, other payables and deposits received 
     (23,874) 
     120,303 
  
    Receipts in advance 
     (1,650) 
     (5,355)
  
    Right-of-use assets 
     -  
     (21,603)
  
    Lease liabilities 
     -  
     21,603 
  
    Net cash used in operating activities 
     (340,377) 
     (287,857)

    CASH FLOWS FROM FINANCING ACTIVITY: 

    Funds advanced from the related parties 
     372,416  
     228,488 
  
    Net cash provided by financing activity 
     372,416  
     228,488 

    Effect of exchange rate changes on cash and cash equivalents 
     (51,323) 
     586 

    Net change in cash and cash equivalents 
     (19,284) 
     (58,783)
  
    Cash and cash equivalents, beginning of period 
     193,435  
     266,542 
  
    CASH AND CASH EQUIVALENTS, END OF PERIOD 
    $174,151  
    $207,759 

See
accompanying notes to the unaudited condensed consolidated financial statements.

F-4

EZAGOO
LIMITED

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

(Currency
expressed in United States Dollars (“US$”), except for number of shares)

NOTE
1 – ORGANIZATION AND BUSINESS BACKGROUND

Ezagoo
Limited, a Nevada corporation (“the Company”) was incorporated under the laws of the State of Nevada on May 9, 2018.

On
May 9, 2018 Tan Xiaohao was appointed as President, Secretary, Treasurer, and Director of the Company.

On
May 9, 2018, our President, Tan Xiaohao, purchased 90,050,500 shares of restricted common stock at a purchase price of $0.0001 (par value)
per share. The proceeds from the sale, which were in the amount of $9,005 have gone directly to the Company for initial working capital.

On
June 30, 2018 Zhang Qianwen and Greenpro Asia Strategic SPC- Greenpro Asia Strategic