Company: ZDAN
Filing Date: 2025-02-18
Form Type: DRS/A
Source: 0001683168-25-001085
Chunk: 315

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-02-18
Form: DRS/A
Chunk 315
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 |     | $     |       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 (%)               |     |       |          3.45 |     |       |          3.45 |

| F-26 |

Rent expense charged to operations is calculated
by allocating total rental payments on a straight-line basis over the term of the lease. For the years ended September 30, 2024 and 2023,
the Company incurred operating lease expense amounted to $482,553 and $492,885 respectively. The operating cash flows from operating
leases are cash paid for lease obligations with amounts of $494,705 and $487,033 for the years ended September 30, 2024 and 2023, respectively.

Maturities of lease liabilities were as follows:

| Twelve months ending September 30, |     | Payment due |           |
|:-----------------------------------|:----|:------------|----------:|
| 2025                               |     | $           |   533,255 |
| 2026                               |     |             |   559,912 |
| 2027                               |     |             |   141,664 |
| Thereafter                         |     |             |         – |
| Sub-total                          |     |             | 1,234,831 |
| Less: imputed interest             |     |             |    49,122 |
| Total                              |     | $           | 1,185,709 |

14. Taxes

(a) Taxes payable

Taxes payable consisted of the following:

|                    |     |   |         As of 
 September 30, 
          2024 |     |   |         As of 
 September 30, 
          2023 |
|:-------------------|:----|:--|--------------:|:----|:--|--------------:|
| Income tax payable |     | $ |       520,441 |     | $ |       268,342 |
| VAT payable        |     |   |       256,174 |     |   |       110,395 |
| Other tax payable  |