Company: ZCARW
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001213900-25-014437
Chunk: 292

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 8
Chunk 292
---
 
  
    Total assets 
    $5,961,860  
    $3,297,552 
  
    Financial liabilities 

    Accounts payable 
    $20,791,914  
    $14,431,587 
  
    Debt 
     2,973,192  
     5,049,483 
  
    Other financial liabilities 
     1,315,048  
     1,232,930 
  
    Total liabilities 
    $25,080,154  
    $20,714,000 

The following tables present information about the Company’s
financial assets and liabilities measured at fair value on a recurring basis:

    December 31, 2024 

    Total  Carrying value  
    Level 1  
    Level 2  
    Level 3 
  
    Assets: 

    Assets held for sale 
    $527,784  
    $-  
    $527,784  
    $- 
  
    Liabilities: 

    Atalaya Note 
    $7,017,543  
    $     -  
    $-  
    $7,017,543 
  
    Derivative financial instruments 
    $7,950,503  
    $-  
    $-  
    $7,950,503 

    March 31, 2024 

    Total 
Carrying value  
    Level 1  
    Level 2  
    Level 3 
  
    Assets: 

    Assets held for sale 
    $629,908  
    $-  
    $629,908  
    $- 
  
    Liabilities: 

    Atalaya Note 
    $10,067,601  
    $        -  
    $-  
    $10,067,601 

Level 2: The fair value of Assets held for sale not traded
in an active market is determined using the quoted prices in markets that are not active or inputs other than the quoted prices that are
observable either directly or indirectly considering all the relevant factors of assets.

The Company’s recurring Level 3 financial instruments
within the Company’s fair value hierarchy as of December 31, 2024 and March 31, 2024 consist of the Company’s Atalaya Note
and derivative financial instruments.

47

ZOOMCAR HOLDINGS, INC