Company: ZCARW
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110391
Chunk: 474

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 2
Chunk 474
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 disbursed to the Company were
$201,000 after deduction of legal and due diligence fees of $9,000. Hence, the total debt issuance costs amounts to $9,000.

On August 11, 2025 , the Company entered into
Securities Purchase Agreement with certain institutional accredited investor pursuant to which the Company issued Promissory for a total
principal amount of $180,000 with an initial issue discount of $18,000. The net proceeds disbursed to the Company were $158,500 after
deduction of legal and due diligence fees of $3,500. Hence, the total debt issuance costs amounts to $3,500.

The following table summarizes
our cash flows for the periods presented:

    Statements of Cash Flows Data: 
    For the Years Ended Sep 30, 

    2025  
    2024 
  
    Net cash used in provided by operating activities 
     (533,980) 
     (2,496,568)
  
    Net cash flows (used in)/ generated from investing activities 
     (360) 
     384,825 
  
    Net cash generated from financing activities 
     368,263  
     1,258,995 
  
    Effect of foreign exchange on cash and cash equivalents. 
     (833,950) 
     (29,190)
  
    Net decrease in cash and cash equivalents 
     (166,077) 
     (852,748)

Operating Activities

Net cash generated used in
operating activities was $0.53 million and $ 2.50 million for the six months ended September 30, 2025, and September 30, 2024, respectively.
The major drivers contributing to the decrease of $1.96 million during the current six months compared to previous six months included
the following:

    1.
    Decrease in net loss of $2.00 million after adjustments for non-cash items. These adjustments include Depreciation and amortization, fair value changes in financial instruments, interest on redeemable promissory note, gain on troubled debt restructuring, Stock based compensation, Interest on finance leases, Gain on sale and disposal of assets, net, Gain on sale and disposal of assets held for sale, net, Gain on derecognition of subsidiary, Payable to customers and provision written back, Assets written off, Liquidated damages, Host receivable written off and Unrealized foreign