Company: EZOO
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001493152-25-020156
Chunk: 36

Company: Ezagoo Ltd
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 2
Chunk 36
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 finance, human resources, and other administrative support functions;

    b.
    Professional
    services fees, including audit, consulting.

    c.
    Office
    expenses, including rent and rate, insurance.

Net
Loss

The
net loss was $133,158 for the three months ended June 30, 2025, as compared to net loss of $157,140 for the three months ended June 30,
2024. The increase of net loss mainly derived from the decrease in the trading income.

The
net loss was $263,273 for the six months ended June 30, 2025, as compared to net loss of $251,805 for the six months ended June 30, 2024.
The increase of net loss mainly derived from the decrease in the trading income.

Liquidity
and Capital Resources

As
of June 30, 2025, we had shareholder deficit of $3,951,852 and accumulated deficit of $ 5,587,517. The increase in working capital deficit
was mainly reflected in the funds advanced from related parties for operating use. The Company’s net loss of $263,273 and $251,805
for the three months ended June 30, 2025 and 2024, respectively.

Cash
Flow from Operating Activities

For
the six months ended June 30, 2025, net cash used in operating activities was $252,091, compared to net cash used in operating activities
of $274,670 for the six months ended June 30, 2024, reflecting a decrease of $22,579. Such decreasing was mainly reflected in significant
less accounts payable, other payables and customers advances during the periods ended June 30, 2025.

Cash
Flow from Financing Activities

For
the six months ended June 30, 2025, net cash provided by financing activities was 257,242,as compared to net cash provided by financing
activities of $237,148 for the six months ended June 30,2024, reflecting an increase of $20,094. Such increase was mainly attributable
to advances from related parties for operating use during the period ended June 30, 2025.

Credit
Facilities

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

Contractual
Obligations, Commitments and Contingencies

We
currently have two lease agreement in place with respect to office premises in Beijing and Changsha China