Company: EZOO
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001493152-25-020156
Chunk: 23

Company: Ezagoo Ltd
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 23
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. Xiaohao Tan, respectively. As of June 30, 2025, and December 31, 2024, related party N advanced $114,331 and $112,337 to the Company
as working capital and to pay administrative expenses, which is unsecured, interest-free with no fixed payment term, for working capital
purpose.

NOTE
9 - LEASE

As
of June 30, 2025, the Company has two separates lease agreements for the two office spaces in PRC with remaining lease terms of from
6 months to over 8 months.

The
details lease terms are shown as followings:

 SCHEDULE
OF DETAILS OF LEASE TERM

    Lease agreement 
    Expiry Date 
    Original  Lease Term 
    The Remaining  Lease Term
  
    1st Changsha office rent, related party 
    Dec. 31, 2025 
    1 year 
    0.5 year
  
    2nd Beijing office rent, related party 
    Mar. 10, 2026 
    1 year 
    0.75 year

A
lease with an initial term of 12 months are not recorded on the balance sheet. The Company accounts for the lease and non-lease components
of its leases as a single lease component. Lease expense is recognized on a straight-line basis over the lease term.

    F-13

EZAGOO
LIMITED

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

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

The
components of lease expense and supplemental cash flow information related to leases are as following:

 SCHEDULE
OF LEASE EXPENSE AND SUPPLEMENTAL CASH FLOW INFORMATION RELATED TO LEASES

    2025  
    2024 

    Six months ended June 30, 

    2025  
    2024 
  
    Leases Cost (included in general and administration in the Company’s unaudited condensed
    statement of operations) 

    Amortization of right-of-use assets 
    $-  
    $12,911 
  
    Interest of operating lease liabilities 
     -  
     365 
  
    Total lease cost 
    $-  
    $13,276 

    Other Information 

    Cash paid for the amounts included in the measurement of lease