Company: ZDAN
Filing Date: 2025-06-30
Form Type: F-1
Source: 0001683168-25-004840
Chunk: 316

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-06-30
Form: F-1
Chunk 316
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---|:----|:--|--------------:|:----|:--|--------------:|
| Salary payable                     |     | $ |       172,876 |     | $ |       191,466 |
| Other Miscellaneous payable        |     |   |         6,500 |     |   |            41 |
| Other - direct deposit liabilities |     |   |        34,200 |     |   |        45,395 |
| Total                              |     | $ |       213,576 |     | $ |       236,902 |

13. Leases

As of September 30, 2024 and 2023, the Company
has operating leases recorded on its consolidated balance sheets for office space that expire through 2026. The Company does not plan
to cancel the existing lease agreements for its existing facilities prior to the expiration date. When determining the lease term, the
Company considers options to extend or terminate the lease when it is reasonably certain that it will exercise or not exercise that option.
The Company’s lease arrangements may contain both lease and non-lease components. The Company has separately accounted for lease
and non-lease components based on their nature. Payments under the Company’s lease arrangement are fixed. The discount rate is
the company’s incremental borrowing rate.

The following tables show ROU assets and lease liabilities, and the
associated financial statement line items:

| Assets                                           |     | As of 
 2024  | September 30, |     | As of 
 2023  | September 30, |
|:-------------------------------------------------|:----|:------|--------------:|:----|:------|--------------:|
| Operating lease right-of-use assets, net         |     | $     |     1,065,514 |     | $     |     1,453,644 |
| Liabilities                                      |     |       |               |     |       |               |
| Operating lease liabilities, current             |     | $     |       500,124 |     | $     |       440,787 |
| Operating lease liabilities, non-current         |     | $     |       685,585 |     | $     |     1,140,465 |
| Weighted average remaining lease term (in years) |     |       |          2.25 |     |       |          3.25 |
| Weighted average discount rate (%)               |     |       |          3