Company: EZOO
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022083
Chunk: 28

Company: Ezagoo Ltd
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 28
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 we categorize as either sales and marketing expenses and
general & administrative expenses.

    ●
    The main components of
    our sales and marketing expenses of $25,540 and $28,172 for the three months ended September 30, 2025 and 2024, respectively, and
    of $71,791 and $97,998 for the nine months ended September 30, 2025 and 2024, respectively, are:

    a.
    Compensation expenses for
    employees engaged in sales and marketing, sales support, and certain customer service functions;

    b.
    Spending related to our
    advertising and promotional activities in support of our services and Xindian platform.

    ●
    The main components of
    our general and administrative expenses of $100,605 and $115,676 for the three months ended September 30, 2025 and 2024, respectively,
    and of $338,621 and $335,699 for the nine months ended September 30, 2025 and 2024, respectively, are:

    a.
    Compensation expenses for
    employees in finance, human resources, and other administrative support functions;

    b.
    Professional services fees,
    including audit, consulting.

    c.
    Office expenses, including
    rent and rate, insurance.

Net
Loss

The
net loss was $69,175 for the three months ended September 30, 2025, as compared to 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