Company: EZOO
Filing Date: 2025-05-15
Form Type: 10-K
Source: 0001641172-25-010460
Chunk: 265

Company: Ezagoo Ltd
Filing Date: 2025-05-15
Form: 10-K
Item: Item 11
Chunk 265
---
 
     535,023  
     938,281 

    Effect of exchange rate changes on cash and cash equivalents 
     12,803  
     (22,369)

    Net change in cash and cash equivalents 
     (73,108) 
     (188,438)
  
    Cash and cash equivalents, beginning of year 
     266,542  
     454,980 
  
    CASH AND CASH EQUIVALENTS, END OF YEAR 
    $193,434  
    $266,542 

    SUPPLEMENTAL CASH FLOWS INFORMATION 

    Income taxes paid 
    $-  
    $- 

    NON-CASH INVESTING AND FINANCING ACTIVITIES: 

    Right-of-use asset obtained in exchanged for new operating lease liability 
    $-  
    $42,438 

See
accompanying notes to the consolidated financial statements.

F-6

EZAGOO
LIMITED

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023

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

1.
ORGANIZATION AND BUSINESS BACKGROUND

Ezagoo
Limited, a Nevada corporation (“the Company”) was incorporated under the laws of the State of Nevada on May 9, 2018.

On
May 9, 2018 Tan, Xiaohao was appointed as President, Secretary, Treasurer, and Director of the Company.

On
May 9, 2018, our President, Tan, Xiaohao, purchased 90,050,500 shares of restricted common stock at a purchase price of $0.0001 (par
value) per share. The proceeds from the sale, which were in the amount of $9,005 have gone directly to the Company for initial working
capital.

On
June 30, 2018 Zhang, Qianwen and Greenpro Asia Strategic SPC- Greenpro Asia Strategic Fund SP purchased 3,591,000 and 1,358,500 shares
of restricted common stock respectively at a purchase price of $0.0001 (par value) per share. The proceeds from the sale, which were
in the amount of $495, have gone directly to the Company for initial working capital.

On
June 6, 201