Company: EZOO
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022083
Chunk: 24

Company: Ezagoo Ltd
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 24
---
 8 months.

The
details lease terms are shown as followings:

SCHEDULE
OF DETAILS OF LEASE TERM 

    Lease
    agreement
     
    Expiry
    Date
     
    Original
    
    Lease Term
     
    The
    Remaining 
    Lease Term
  
    1st Changsha
    office rent, related party
     
    Dec. 31, 2025
     
    1 year
     
    0.25 year
  
    2nd Beijing office rent, related party
     
    Mar. 10, 2026
     
    1 year
     
    0.5 year

A
lease with an initial term of 12 months are not recorded on the balance sheet. The Company accounts for the lease and non-lease components
of its leases as a single lease component. Lease expense is recognized on a straight-line basis over the lease term.

    F-13

EZAGOO
LIMITED

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

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

The
components of lease expense and supplemental cash flow information related to leases are as following:

SCHEDULE
OF LEASE EXPENSE AND SUPPLEMENTAL CASH FLOW INFORMATION RELATED TO LEASES 

    2025  
    2024 

    Nine months ended September 30, 

    2025  
    2024 
  
    Leases Cost (included in general and administration in the Company’s unaudited condensed
    statement of operations) 

    Amortization of right-of-use assets 
    $-  
    $12,911 
  
    Interest of operating lease liabilities 
     -  
     365 
  
    Total lease cost 
    $-  
    $13,276 

    Other Information 

    Cash paid for the amounts included in the measurement of lease liabilities 
    $-  
    $- 
  
    Weighted average remaining lease term (in years) 
     -  
     0.75 
  
    Average discount rate – operating leases 
     -  
     4.35%

Lease
commitments

The
following table sets forth our contractual obligations as of September 30, 2025:

SCHEDULE
OF CONTRACTUAL OBL