Company: EZOO
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022083
Chunk: 64

Company: Ezagoo Ltd
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 2
Chunk 64
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 net loss of $145,127 for the three months ended September
30, 2024. The increase of net loss mainly derived from the decrease in the trading income.

The
net loss was $332,448 for the nine months ended September 30, 2025, as compared to net loss of $396,932 for the nine months ended September
30, 2024. The increase of net loss mainly derived from the decrease in the trading income.

Liquidity
and Capital Resources

As
of September 30, 2025, we had shareholder deficit of $4,049,359 and accumulated deficit of $ 5,656,692. The increase in working capital
deficit was mainly reflected in the funds advanced from related parties for operating use. The Company’s net loss of $332,448 and
$396,932 for the nine months ended September 30, 2025 and 2024, respectively.

Cash
Flow from Operating Activities

For
the nine months ended September 30, 2025, net cash used in operating activities was $340,377, compared to net cash used in operating
activities of $287,857 for the nine months ended September 30, 2024, reflecting an increase of $52,520. Such increasing was mainly reflected
in significant less other payables and customers advances during the periods ended September 30, 2025.

Cash
Flow from Financing Activities

For
the nine months ended September 30, 2025, net cash provided by financing activities was $372,416, as compared to net cash provided by
financing activities of $228,488 for the nine months ended September 30,2024, reflecting an increase of $143,928. Such increase was mainly
attributable to advances from related parties for operating use during the period ended September 30, 2025.

Credit
Facilities

We
do not have any credit facilities or other access to bank credit.

Contractual
Obligations, Commitments and Contingencies

We
currently have two lease agreement in place with respect to office premises in Beijing and Changsha China to commence our business operations.

Off-balance
Sheet Arrangements

As
of September 30, 2025, we have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or
future effect on our financial condition, changes in our financial condition, revenues or expenses, results of operations, liquidity,