Company: JOCM
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011600
Chunk: 51

Company: JOCOM HOLDINGS CORP.
Filing Date: 2025-05-20
Form: 10-Q
Item: Item 2
Chunk 51
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 capital investments in connection with ongoing operations.

Cash
Used In Operating Activities

For
the three months ended March 31, 2025 and 2024 net cash used in operating activities was $48 and $21. The cash used in operating activities
was mainly for payment of general and administrative expenses.

Cash
Used In Investing Activity

For
the period from January 1, 2025 to March 31, 2025 and for the period from January 1, 2024 to March 31, 2024, there was no cash used for
the investing activity.

Cash
Used in Financing Activity

For
the period from January 1, 2025 to March 31, 2025, there was no cash used for the financing activity.

For
the period from January 1, 2024 to March 31, 2024, there was no cash used for the financing activity.

Credit
Facilities

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

Off-balance
Sheet Arrangements

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, capital expenditures or capital
resources that are material to our stockholders as of March 31, 2025.

Recent
Accounting Pronouncements

The
Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on
the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements
that have been issued that might have a material impact on its financial position or results of operations.

4

ITEM
3 QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

As
a “smaller reporting company” as defined by Item 10 of Regulation S-K, the Company is not required to provide information
required by this Item.

ITEM
4 CONTROLS AND PROCEDURES

Evaluation
of Disclosure Controls and Procedures:

We
maintain disclosure controls and procedures, as defined in Rule 13a-15(e) promulgated under the Securities Exchange Act of 1934 (the
“Exchange Act”), that are designed to ensure that information required to be disclosed by us in the reports that we file
or submit under the Exchange Act is recorded, processed, summarized and reported within the