Company: ZCARW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076590
Chunk: 45

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 45
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 $(73.90)
  
    Diluted (A/C) 
    $(0.50) 
    $(73.90)

Since the Company was in a loss position
for the period ended June 30, 2025 and June 30, 2025, basic loss per share was same as diluted net loss per share for the periods presented.
The following potentially dilutive outstanding securities as of June 30, 2025 and June 30, 2024 were excluded from the computation of
diluted loss per share because their effect would have been anti-dilutive for the periods presented, or issuance of such shares is contingent
upon the satisfaction of certain conditions which were not satisfied by the end of the period.

    June 30, 2025  
    June 30, 2024 # 
  
    Stock options* 
     16  
     16 
  
    Restricted Stock Units (Refer Note 25) 
     15,906  
     - 
  
    Public warrants 
     11,500,000  
     11,500,000 
  
    Private warrants 
     19,416  
     22,352 
  
    Warrants issued in November 2024 and December 2024 offering (including Second and Third closing of December offering) 
     3,757,044  
     - 
  
    Total 
     15,292,382  
     11,522,368 

  * In 2012, the Company adopted its 2012 Equity Incentive Plan, under which the Company may grant options and restricted stock to eligible participants. The plan is equity settled. Options are generally granted for a term of ten years. Options have a graded vesting period of up to four years and the expenses are recorded on a straight-line basis over the requisite service period for each separately vesting portion of the awards. The Company cancelled certain outstanding options at the time of Reverse Recapitalization. The remaining 16 fully vested options were assumed by the Company on the Reverse Recapitalization date, exercisable at exercise prices ranging from $120 to $300. 

#Prior period numbers have been adjusted to reflect the First
Reverse Stock Split and the Second Reverse Stock Split of the Common Stock at a ratio of 1-for-100 and 1-for-20 respectively. (Refer
Note 3A)

24Employee benefit plans (unfunded)

Employee benefit plans includes gratuity