Company: EZOO
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022083
Chunk: 46

Company: Ezagoo Ltd
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 8
Chunk 46
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 require
adoption until a future date are not expected to have a material impact on the consolidated financial statements upon adoption. The Company
does not discuss recent pronouncements that are not anticipated to have an impact on or are unrelated to its consolidated financial condition,
results of operations, cash flows, or disclosures.

NOTE
4 - PROPERTY AND EQUIPMENT

SCHEDULE
OF PROPERTY AND EQUIPMENT 

    September 30, 2025  
    December 31, 2024 
  
    Office equipment 
    $42,332  
    $42,332 
  
    Less: Accumulated depreciation 
     (42,332) 
     (42,332)
  
    Property and equipment, net 
    $-  
    $- 

    F-10

EZAGOO
LIMITED

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

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

Depreciation
expense, classified as operating expenses, was $0 and $0 for the nine months ended September 30, 2025 and 2024, respectively.

Accumulated
depreciation as of September 30, 2025 and December 31, 2024 were $42,332 and $42,332, respectively. All the office equipment had fully
depreciated at April 2023. Due to the lack of significant expansion in the company’s business, there is no immediate need to purchase
additional office equipment. Hence, the residual value of them were zero since then.

NOTE
5 - DEPOSITS, PREPAYMENTS AND OTHER RECEIVABLES

Deposits,
prepayments and other receivables consisted of the following:

SCHEDULE
OF DEPOSITS, PREPAYMENTS AND OTHER RECEIVABLES 

    September 30, 2025  
    December 31, 2024 
  
    Deposits, prepayments and other receivables 
    $18,759  
    $28,376 
  
    Total deposits, prepayments and other receivables 
    $18,759  
    $28,376 

As
of September 30, 2025 and December 31, 2024, the balance of $18,759 and $28,376, respectively, include prepaid consultancy fees, other
prepaid subscription costs for the Weibo applications (