Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 1507

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 4
Chunk 1507
---
 on vehicle loans 
    $-  
    $38,203 
  
    Total 
    $-  
    $38,203 

F-36

ZOOMCAR HOLDINGS, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

26Other expense/(income), net

The components of other (income)/expense, net were as follows:

    (In USD) 
    March 31,
 2025  
    March 31,
 2024 
  
    Other expense/(income), net - other than related parties 

    Interest income 
    $(40,428) 
    $(36,687)
  
    Change in fair value of Notes 
     -  
     (6,990,870)
  
    Change in fair value of SSCPN 
     -  
     (3,448,845)
  
    Change in fair value of derivative financial instruments 
     (9,035,085) 
     - 
  
    Loss on modification of finance leases 
     456,715  
     - 
  
    Change in fair value of Atalaya Note 
     (1,740,636) 
     - 
  
    Loss on litigation settlement* 
     12,738,865  
     - 
  
    Loss/(Gain) on sale of property & equipment 
     (114) 
     82,640 
  
    Loss/(Gain) on sale of assets held for sale 
     (1,054) 
     40,293 
  
    Loss on extinguishment of liability# 
     3,458,248  
     - 
  
    Bad debts written off on Receivables from car sale 
     452,014  
     - 
  
    Liquidated damages payable to Investors** 
     570,893  
     - 
  
    Impairment on assets held for sale 
     448,484  
     167,413 
  
    Loss on assets written off 
     853,194  
     92,462 
  
    Payable to customers and provision written back 
     (227,643) 
     (215,418)
  
    Other, net 
     (148,161) 
     (1,007,459)
  
    Total 
    $7,785,292  
    $(11,316,471)

*During