Company: ZCARW
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001213900-25-014437
Chunk: 2

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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 31, 2024 and March 31, 2024; 6,771,662 shares and 632,373 shares issued and outstanding as of December 31, 2024 and March 31, 2024 respectively * 
     677  
     63 
  
    Additional paid-in capital 
     280,779,361  
     272,063,258 
  
    Accumulated deficit 
     (321,357,118) 
     (307,551,501)
  
    Accumulated other comprehensive income 
     2,154,326  
     1,795,992 
  
    Total stockholders’
    deficit 
    $(38,422,754) 
    $(33,692,188)
  
    Total liabilities and stockholders’ deficit 
    $9,545,361  
    $9,172,598 

*Prior period numbers have been adjusted to reflect the Reverse
Stock Split of the Common Stock at a ratio of 1-for-100 that became effective October 21, 2024. (Refer Note 4)

The accompanying notes are an integral part of these Condensed
Consolidated Balance Sheets.

1

ZOOMCAR
HOLDINGS, INC.

CONDENSED
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

    Three months ended  
    Nine months ended 
  
    (In USD, except number of shares) 
    December 31, 2024  
    December 31, 2023  
    December 31, 2024  
    December 31, 2023 

    Revenue: 

    Revenues from services 
    $2,449,368  
    $2,421,438  
    $6,895,308  
    $7,717,064 
  
    Other revenues 
     -  
     -  
     41,942  
     - 
  
    Total revenue 
    $2,449,368  
    $2,421,438  
    $6,937,250  
    $7,717,064 
  
    Cost and Expenses 

    Cost of revenue 
     1,499,282  
     2,093,057  
     4,224,993  
     8,441,525 
  
    Technology and development 
     749,