Company: ZCARW
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001213900-25-014437
Chunk: 57

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 57
---

31, 2020 and onward remain subject to examination by tax authorities in India. There are other ongoing audits in various other jurisdictions
that are not material to our Condensed Consolidated Financial Statements.

The Company has received various orders from Indian tax
authorities, for details Refer Note 32.

    27
    Net loss per share

The components of basic and diluted loss per share were
as follows: (In USD, except loss per share)

    (In USD, except loss per share) 
    Three months ended  December 31,  
    Nine months ended December 31, 

    2024  
    2023  
    2024  
    2023 

    Net loss available for common shareholders (A) 
    $(7,922,063) 
    $14,425,439  
    $(13,805,617) 
    $(26,757,978)
  
    Weighted average outstanding shares of common stock (B) 
     2,223,441  
     31,954  
     1,402,217  
     13,902 
  
    Dilutive effect of potentially dilutive outstanding securities 
     -  
     128,580  
     -  
     - 
  
    Common stock and common stock equivalents (C) 
     2,223,441  
     160,534  
     1,402,217  
     13,902 
  
    Loss per share 

    Basic (A/B) 
    $(3.56) 
    $451.45  
    $(9.85) 
    $(1,924.75)
  
    Diluted (A/C) 
    $(3.56) 
    $89.86  
    $(9.85) 
    $(1,924.75)

39

ZOOMCAR HOLDINGS, INC.

NOTES TO CONDENSED CONSOLIDATED
FINANCIAL STATEMENTS (UNAUDITED)

Share related amounts have been retroactively adjusted
to reflect this reverse stock-split for all periods presented.

Since the Company was in a loss position
for the three months and nine months ended December 31, 2024 and nine months ended December 31, 2023, basic loss per share was same as
diluted net loss per share for the periods presented. The following potentially dilutive outstanding securities