Company: ZCARW
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001213900-25-014437
Chunk: 0

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 0
---
Item 1. Financial Statements.

ZOOMCAR HOLDINGS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

    (in USD, except number of shares) As at 
    December 31, 2024  
    March 31, 2024 

    Assets 

    Current assets: 

    Cash and cash equivalents (Refer Note 30- VIE) 
    $4,397,373  
    $1,496,144 
  
    Accounts receivable, net of allowance for doubtful accounts (Refer Note 30- VIE) 
     97,128  
     194,197 
  
    Balances with government authorities 
     472,097  
     427,702 
  
    Short term investments 
     -  
     298,495 
  
    Prepaid expenses (Refer Note 30- VIE) 
     184,868  
     1,445,336 
  
    Other current assets (Refer Note 30- VIE) 
     338,271  
     523,746 
  
    Other current assets with related parties 
     -  
     44,168 
  
    Assets held for sale 
     527,784  
     629,908 
  
    Total current assets 
    $6,017,521  
    $5,059,696 
  
    Property and equipment, net of accumulated depreciation $6,717,519 and $6,189,452 respectively (Refer Note 30- VIE) 
     1,147,427  
     1,558,980 
  
    Operating lease right-of-use assets 
     1,067,777  
     1,290,608 
  
    Intangible assets, net of accumulated amortisation of $14,640 and $106,769 respectively (Refer Note 30- VIE) 
     7,458  
     18,393 
  
    Long term investments (Refer Note 30- VIE) 
     25,295  
     91,947 
  
    Balances with government authorities, (Refer Note 30- VIE) 
     3,940  
     18,126 
  
    Prepaid expenses (Refer Note 30- VIE) 
     274,331  
     326,109 
  
    Other non