Company: ZCARW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076590
Chunk: 6

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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 2025 
     6,284,491  
     628  
     308,478,451  
     (337,379,118) 
     2,098,343  
     (26,801,696)

*Refer Note 18 for the details of the common stock and warrants
issued and exercised during the year.

**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)

The accompanying notes are an integral part of these Condensed Consolidated
Statements of Stockholders’ Deficit

4

ZOOMCAR HOLDINGS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(UNAUDITED)

    Three months ended 
    June 30,  2025  
    June 30,  2024 

    (unaudited) 
  
    A. Cash flows from operating activities 

    Net loss 
    $(4,205,313) 
    $(2,531,579)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Depreciation and amortization 
     35,428  
     113,327 
  
    Interest on redeemable promissory note 
     -  
     146,762 
  
    Interest on finance leases 
     -  
     136,044 
  
    Change in fair value of Unsecured Convertible Note 
     134,582  
     (1,360,238)
  
    Other borrowing cost 
     -  
     6,372 
  
    Gain on sale and disposal of assets, net 
     -  
     (2,431)
  
    Gain on sale and disposal of assets held for sale, net 
     -  
     (2,324)
  
    Gain on derecognition of subsidiary 
     (401,180) 
     - 
  
    Assets written off 
     42,313  
     222,741 
  
    Payable to customers and provision written back 
     (38,686) 
     - 
  
    Liquidated damages 
     2,540,537  
     - 
  
    Gain on troubled debt restructuring