10-K Filing

EZAGOO LTD CIK: 1752372 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001493152-23-020338`
Period End Date	20221231
Filing Date	20230607
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	form10-k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 42 Cash Flow Statement 48 Stockholders Equity 13

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$454.98K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$559.12K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Amount due from related parties	`DueFromRelatedPartiesCurrent`	$686.00	USD	Point-in-time
Amount due from related parties	`DueFromRelatedPartiesCurrent`	$331.34K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Deposits, prepayments and other receivables	`DepositsPrepaymnetsAndOtherReceivables`	$43.07K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Deposits, prepayments and other receivables	`DepositsPrepaymnetsAndOtherReceivables`	$63.12K	USD	Point-in-time
Income tax receivables	`IncomeTaxReceivablesCurrent`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Income tax receivables	`IncomeTaxReceivablesCurrent`	$3.86K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	119.96M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$953.58K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	119.96M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$502.59K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	119.96M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	119.96M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.12K	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$11.32K	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$181.52K	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$350.98K	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$182.64K	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$362.31K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.32M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$685.24K	USD	Point-in-time
Account payable	`AccountsPayableCurrent`	$28.64K	USD	Point-in-time
Account payable	`AccountsPayableCurrent`	$20.59K	USD	Point-in-time
Accrual, other payable and deposits received	`AccruedExpensesOtherPayablesAndDepositsReceived`	$251.13K	USD	Point-in-time
Accrual, other payable and deposits received	`AccruedExpensesOtherPayablesAndDepositsReceived`	$411.41K	USD	Point-in-time
Amount due to director	`DueToOfficersOrStockholdersCurrent`	$29.17K	USD	Point-in-time
Amount due to director	`DueToOfficersOrStockholdersCurrent`	$27.58K	USD	Point-in-time
Amount due to related parties	`DueToRelatedPartyCurrent`	$1.81M	USD	Point-in-time
Amount due to related parties	`DueToRelatedPartyCurrent`	$2.34M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$111.39K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$2.84K	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$21.35K	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$156.01K	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$184.93K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.44M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.96M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$169.62K	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$2.60M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$2.96M	USD	Point-in-time
Preferred stock, $0.0001 par value, 200,000,000 shares authorized, None issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 200,000,000 shares authorized, None issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 600,000,000 shares authorized, 119,956,826 shares issued and outstanding as of December 31, 2022 and December 31, 2021 respectively	`CommonStockValue`	$12.00K	USD	Point-in-time
Common stock, $0.0001 par value, 600,000,000 shares authorized, 119,956,826 shares issued and outstanding as of December 31, 2022 and December 31, 2021 respectively	`CommonStockValue`	$12.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.38M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.47M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$76.28K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-107.50K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.58M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.83M	USD	Point-in-time
TOTAL STOCKHOLDERS DEFICIT	`StockholdersEquity`	$-1.29M	USD	Point-in-time
TOTAL STOCKHOLDERS DEFICIT	`StockholdersEquity`	$-2.28M	USD	Point-in-time
TOTAL STOCKHOLDERS DEFICIT	`StockholdersEquity`	$-1.57M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$685.24K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	`LiabilitiesAndStockholdersEquity`	$1.32M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Related party	`RevenueFromRelatedParties`	-	USD	Annual
Related party	`RevenueFromRelatedParties`	$9.00	USD	Annual
Non-related party	`RevenueFromNonRelatedParties`	$286.05K	USD	Annual
Non-related party	`RevenueFromNonRelatedParties`	$2.13M	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$286.05K	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.13M	USD	Annual
Cost of revenue for short video produce costs, related party	`CostsAndExpensesRelatedParty`	$620.43K	USD	Annual
Cost of revenue for short video produce costs, related party	`CostsAndExpensesRelatedParty`	$5.33K	USD	Annual
Cost of revenue for rental and related costs	`CostOfRevenue`	$44.66K	USD	Annual
Cost of revenue for rental and related costs	`CostOfRevenue`	$61.93K	USD	Annual
Cost of revenue for salaries and related expenses	`SalariesAndWages`	$196.97K	USD	Annual
Cost of revenue for salaries and related expenses	`SalariesAndWages`	$94.33K	USD	Annual
Sales and marketing expenses	`SellingGeneralAndAdministrativeExpense`	$154.76K	USD	Annual
Sales and marketing expenses	`SellingGeneralAndAdministrativeExpense`	$136.19K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$900.47K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.08M	USD	Annual
TOTAL COSTS AND EXPENSES	`CostsAndExpenses`	$1.83M	USD	Annual
TOTAL COSTS AND EXPENSES	`CostsAndExpenses`	$1.46M	USD	Annual
OPERATING INCOME (LOSS)	`OperatingIncomeLoss`	$-1.17M	USD	Annual
OPERATING INCOME (LOSS)	`OperatingIncomeLoss`	$298.34K	USD	Annual
Other income	`OtherNonoperatingIncome`	$7.35K	USD	Annual
Other income	`OtherNonoperatingIncome`	$7.05K	USD	Annual
Other expenses	`OtherNonoperatingExpense`	$93.00	USD	Annual
Other expenses	`OtherNonoperatingExpense`	$16.00	USD	Annual
Imputed interest expenses	`InterestExpense`	$29.60K	USD	Annual
Imputed interest expenses	`InterestExpense`	$82.58K	USD	Annual
TOTAL OTHER INCOME (EXPENSES)	`OtherNonoperatingIncomeExpense`	$-75.55K	USD	Annual
TOTAL OTHER INCOME (EXPENSES)	`OtherNonoperatingIncomeExpense`	$-22.35K	USD	Annual
INCOME (LOSS) BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$275.99K	USD	Annual
INCOME (LOSS) BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.25M	USD	Annual
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$4.58K	USD	Annual
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$21.35K	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$254.64K	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$-1.25M	USD	Annual
Foreign exchange adjustment loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-45.58K	USD	Annual
Foreign exchange adjustment loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$183.78K	USD	Annual
COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTax`	$209.06K	USD	Annual
COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTax`	$-1.07M	USD	Annual
Net income (loss) per share - Basic and diluted	`EarningsPerShareBasic`	$-0.01	USD	Annual
Net income (loss) per share - Basic and diluted	`EarningsPerShareBasic`	-	USD	Annual
Weighted average number of common shares outstanding Basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	119.96M	shares	Annual
Weighted average number of common shares outstanding Basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasic`	119.96M	shares	Annual

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$254.64K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-1.25M	USD	Annual
Imputed interest expense	`ImputedInterestExpense`	$82.58K	USD	Annual
Imputed interest expense	`ImputedInterestExpense`	$29.60K	USD	Annual
Depreciation	`Depreciation`	$10.20K	USD	Annual
Depreciation	`Depreciation`	$10.81K	USD	Annual
Deposit, prepayments, and other receivables	`IncreaseDecreaseInOtherReceivables`	$-15.49K	USD	Annual
Deposit, prepayments, and other receivables	`IncreaseDecreaseInOtherReceivables`	$42.72K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.90K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$9.45K	USD	Annual
Accrual and other payable	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$133.53K	USD	Annual
Accrual and other payable	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$80.36K	USD	Annual
Receipts in advance	`IncreaseDecreaseInReceiptsInAdvance`	$-311.07K	USD	Annual
Receipts in advance	`IncreaseDecreaseInReceiptsInAdvance`	$48.66K	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-1.49M	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-102.33K	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedTaxesPayable`	$21.35K	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-25.25K	USD	Annual
Operating lease right-of-use assets	`IncreaseDecreaseInOperatingLeaseRightOfUseAssets`	$-169.46K	USD	Annual
Operating lease right-of-use assets	`IncreaseDecreaseInOperatingLeaseRightOfUseAssets`	$-143.56K	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-198.53K	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-140.00K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.44M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.13M	USD	Annual
Proceeds from related parties	`ProceedsFromRepaymentsOfRelatedPartyDebt`	-	USD	Annual
Proceeds from related parties	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$312.35K	USD	Annual
Funds advanced from related parties	`ProceedsFromRelatedPartyDebt`	$695.28K	USD	Annual
Funds advanced from related parties	`ProceedsFromRelatedPartyDebt`	$1.17M	USD	Annual
Repayment to director	`RepaymentsOfOtherDebt`	$6.46K	USD	Annual
Repayment to director	`RepaymentsOfOtherDebt`	-	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.17M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.01M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.56K	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$13.93K	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-265.61K	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-104.14K	USD	Annual
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$824.73K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$559.12K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$454.98K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$824.73K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$559.12K	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$454.98K	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaidNet`	$25.93K	USD	Annual
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	Annual
Interest paid	`InterestPaidNet`	-	USD	Annual
Interest paid	`InterestPaidNet`	-	USD	Annual
Right-of-use asset exchanged for lease liability	`RightofuseAssetExchangedForLeaseLiability`	-	USD	Annual
Right-of-use asset exchanged for lease liability	`RightofuseAssetExchangedForLeaseLiability`	$494.54K	USD	Annual

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$-1.29M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-2.28M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-1.57M	USD	Point-in-time
Reclassify imputed interests of related parties payable from accrual liabilities	`AdjustmentsToAdditionalPaidInCapitalOther`	$46.66K	USD	Annual
Imputed interests of year 2022	`AdjustmentsToAdditionalPaidInCapitalImputesInterests`	$29.60K	USD	Annual
Imputed interests of year 2022	`AdjustmentsToAdditionalPaidInCapitalImputesInterests`	$82.58K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$254.64K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-1.25M	USD	Annual
Accumulated other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$183.78K	USD	Annual
Accumulated other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-45.58K	USD	Annual
Ending Balance	`StockholdersEquity`	$-1.29M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-2.28M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-1.57M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.