Company: ZDAN
Filing Date: 2025-02-18
Form Type: DRS/A
Source: 0001683168-25-001085
Chunk: 309

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-02-18
Form: DRS/A
Chunk 309
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,728 | ) |     | $                  | (486,430 | ) |

The allowance for advance to suppliers was provided
in year 2022 for advance to Shenzhen Youwei Communication Technology Co., Ltd., a supplier of the Company, which had involved serious
liquidating difficulties since the year 2022.

6. Deferred IPO costs

|              |     |   |         As of 
 September 30, 
          2024 |     |   |         As of 
 September 30, 
          2023 |
|:-------------|:----|:--|--------------:|:----|:--|--------------:|
| Legal        |     | $ |       795,349 |     | $ |       765,000 |
| Underwriting |     |   |       369,083 |     |   |       355,000 |
| Accounting   |     |   |       292,852 |     |   |       220,000 |
| Auditing     |     |   |       710,233 |     |   |       510,000 |
| Total        |     | $ |     2,167,517 |     | $ |     1,850,000 |

| F-21 |

7. Property and equipment, net

Property and equipment, net consisted of the following:

|                                |     |   |         As of 
 September 30, 
          2024 |     |   |         As of 
 September 30, 
          2023 |
|:-------------------------------|:----|:--|--------------:|:----|:--|--------------:|
| Property and equipment         |     | $ |       921,396 |     | $ |       886,237 |
| Office improvements            |     |   |       233,527 |     |   |       224,616 |
| Subtotal                       |     |   |     1,154,923 |     |   |     1,110,853 |
| Less: accumulated depreciation |     |   |       613,619 |     |   |       370,998 |
| Property and equipment, net    |     | $ |       541,304 |     | $ |       739,855 |

Depreciation expenses charged to General and Administrative expenses, Cost of revenue, R&D expense for the years endedSeptember 30, 2024
and 2023 amounted to