2024 Q1 Form 10-Q Financial Statement
#000121390024014163 Filed on February 14, 2024
Income Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 Q1 |
---|---|---|---|
Revenue | $2.180M | $2.421M | $0.00 |
YoY Change | |||
Cost Of Revenue | $1.890M | $2.093M | |
YoY Change | -36.93% | ||
Gross Profit | $290.1K | $328.4K | |
YoY Change | -109.9% | ||
Gross Profit Margin | 13.31% | 13.56% | |
Selling, General & Admin | $3.728M | $9.783M | |
YoY Change | 162.31% | ||
% of Gross Profit | 1285.08% | 2979.12% | |
Research & Development | $837.9K | $1.261M | |
YoY Change | -18.64% | ||
% of Gross Profit | 288.83% | 384.04% | |
Depreciation & Amortization | $247.0K | $205.3K | |
YoY Change | 126.81% | ||
% of Gross Profit | 85.13% | 62.51% | |
Operating Expenses | $4.602M | $11.04M | $1.113M |
YoY Change | 313.5% | 372.89% | -60.07% |
Operating Profit | -$4.312M | -$10.72M | -$1.113M |
YoY Change | 287.44% | 89.53% | -60.07% |
Interest Expense | -$187.6K | $32.66M | $0.00 |
YoY Change | -100.0% | ||
% of Operating Profit | |||
Other Income/Expense, Net | -$2.939M | -$6.378M | |
YoY Change | |||
Pretax Income | -$7.519M | $14.43M | -$58.85K |
YoY Change | 12677.01% | -4211.45% | -97.87% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$7.519M | $14.43M | -$58.85K |
YoY Change | 12676.79% | -4211.45% | -97.87% |
Net Earnings / Revenue | -344.89% | 595.74% | |
Basic Earnings Per Share | $4.51 | ||
Diluted Earnings Per Share | -$0.12 | $0.90 | $0.00 |
COMMON SHARES | |||
Basic Shares Outstanding | 62.87M shares | 3.195M shares | |
Diluted Shares Outstanding | 16.05M shares |
Balance Sheet
Concept | 2024 Q1 | 2023 Q4 | 2023 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.795M | $6.281M | $50.27K |
YoY Change | 3470.0% | 60066.38% | -93.65% |
Cash & Equivalents | $1.496M | $6.117M | $50.27K |
Short-Term Investments | $298.5K | $250.7K | |
Other Short-Term Assets | $523.7K | $1.139M | $185.5K |
YoY Change | 182.31% | 440.68% | -20.14% |
Inventory | $2.000M | $57.99K | |
Prepaid Expenses | $1.445M | $219.4K | $185.5K |
Receivables | $194.2K | $290.9K | $255.2K |
Other Receivables | $427.7K | $990.4K | $3.963M |
Total Short-Term Assets | $5.060M | $9.624M | $235.8K |
YoY Change | 2045.79% | 4253.82% | -76.97% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.559M | $1.887M | $2.729M |
YoY Change | -42.86% | ||
Goodwill | |||
YoY Change | |||
Intangibles | $18.39K | ||
YoY Change | |||
Long-Term Investments | $91.95K | $319.4K | $33.06M |
YoY Change | -99.72% | -99.87% | |
Other Assets | $808.7K | $324.9K | $425.7K |
YoY Change | 89.99% | 220.0% | |
Total Long-Term Assets | $4.113M | $7.224M | $33.06M |
YoY Change | -87.56% | -96.96% | -85.92% |
TOTAL ASSETS | |||
Total Short-Term Assets | $5.060M | $9.624M | $235.8K |
Total Long-Term Assets | $4.113M | $7.224M | $33.06M |
Total Assets | $9.173M | $16.85M | $33.29M |
YoY Change | -72.45% | -92.93% | -85.88% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $14.28M | $14.05M | $6.935M |
YoY Change | 105.89% | 123.1% | 160.17% |
Accrued Expenses | $365.5K | $484.2K | |
YoY Change | |||
Deferred Revenue | $716.1K | $802.8K | $786.6K |
YoY Change | -8.96% | ||
Short-Term Debt | $0.00 | $0.00 | $1.495M |
YoY Change | -100.0% | -100.0% | |
Long-Term Debt Due | $5.049M | $1.631M | $1.416M |
YoY Change | 256.64% | ||
Total Short-Term Liabilities | $31.30M | $25.70M | $8.552M |
YoY Change | 265.95% | 270.93% | 214.7% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $15.82M | $0.00 | |
YoY Change | |||
Other Long-Term Liabilities | $1.501M | $1.557M | $12.10M |
YoY Change | -87.59% | -87.13% | 0.0% |
Total Long-Term Liabilities | $0.00 | $17.37M | $12.10M |
YoY Change | -100.0% | 43.59% | 0.0% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $31.30M | $25.70M | $8.552M |
Total Long-Term Liabilities | $0.00 | $17.37M | $12.10M |
Total Liabilities | $42.86M | $43.08M | $20.65M |
YoY Change | 107.56% | 126.38% | 39.38% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$307.6M | -$300.0M | -$20.42M |
YoY Change | 1406.33% | 1495.14% | 49.45% |
Common Stock | $272.1M | $272.1M | $22.14M |
YoY Change | 1128.69% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$33.69M | -$26.23M | -$20.42M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $9.173M | $16.85M | $33.29M |
YoY Change | -72.45% | -92.93% | -85.88% |
Cashflow Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$7.519M | $14.43M | -$58.85K |
YoY Change | 12676.79% | -4211.45% | -97.87% |
Depreciation, Depletion And Amortization | $247.0K | $205.3K | |
YoY Change | 126.81% | ||
Cash From Operating Activities | -$13.66M | -$7.640M | -$460.2K |
YoY Change | 2867.87% | 2672.85% | 144.62% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $81.43K | $61.30K | |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $144.3K | -$3.126M | $206.0M |
YoY Change | -99.93% | ||
Cash From Investing Activities | $62.82K | -$3.188M | $206.0M |
YoY Change | -99.97% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $206.5M | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 8.998M | 13.46M | -205.5M |
YoY Change | -104.38% | 6627.51% | |
NET CHANGE | |||
Cash From Operating Activities | -13.66M | -7.640M | -460.2K |
Cash From Investing Activities | 62.82K | -3.188M | 206.0M |
Cash From Financing Activities | 8.998M | 13.46M | -205.5M |
Net Change In Cash | -4.597M | 2.627M | 39.84K |
YoY Change | -11638.23% | -3578.58% | -121.18% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$13.66M | -$7.640M | -$460.2K |
Capital Expenditures | $81.43K | $61.30K | |
Free Cash Flow | -$13.74M | -$7.701M | |
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2023-12-31 | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity File Number
EntityFileNumber
|
001-40964 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
ZOOMCAR HOLDINGS, INC. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
99-0431609 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
Anjaneya Techno Park | ||
dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
No. 147 | ||
dei |
Entity Address Address Line3
EntityAddressAddressLine3
|
1st Floor Kodigalli | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Bangalore | ||
dei |
Entity Address Country
EntityAddressCountry
|
IN | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
560008 | ||
dei |
City Area Code
CityAreaCode
|
+91 | ||
dei |
Local Phone Number
LocalPhoneNumber
|
99454-8382 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
true | ||
dei |
Entity Ex Transition Period
EntityExTransitionPeriod
|
false | ||
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Entity Shell Company
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false | ||
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Revenues
Revenues
|
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Revenues
Revenues
|
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us-gaap |
Revenues
Revenues
|
7717064 | usd | |
us-gaap |
Revenues
Revenues
|
6677727 | usd | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-19.25 | ||
CY2023Q4 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
2093057 | usd |
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Cost Of Revenue
CostOfRevenue
|
3318466 | usd |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
8441525 | usd | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
17376553 | usd | |
CY2023Q4 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1261101 | usd |
CY2022Q4 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1550009 | usd |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3507839 | usd | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3943400 | usd | |
CY2023Q4 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
962652 | usd |
CY2022Q4 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
1401156 | usd |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
4822646 | usd | |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
5882713 | usd | |
CY2023Q4 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
9782855 | usd |
CY2022Q4 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
3729529 | usd |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
14424956 | usd | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
9999425 | usd | |
CY2023Q4 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
14099665 | usd |
CY2022Q4 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
9999160 | usd |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
31196966 | usd | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
37202091 | usd | |
CY2023Q4 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-11678227 | usd |
CY2022Q4 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-7017560 | usd |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-23479902 | usd | |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-30524364 | usd | |
CY2023Q4 | us-gaap |
Financing Interest Expense
FinancingInterestExpense
|
8392470 | usd |
CY2022Q4 | us-gaap |
Financing Interest Expense
FinancingInterestExpense
|
1296445 | usd |
us-gaap |
Financing Interest Expense
FinancingInterestExpense
|
13628832 | usd | |
us-gaap |
Financing Interest Expense
FinancingInterestExpense
|
2862702 | usd | |
CY2023Q4 | ioacu |
Finance Costs To Related Parties
FinanceCostsToRelatedParties
|
12426 | usd |
CY2022Q4 | ioacu |
Finance Costs To Related Parties
FinanceCostsToRelatedParties
|
10674 | usd |
ioacu |
Finance Costs To Related Parties
FinanceCostsToRelatedParties
|
38203 | usd | |
ioacu |
Finance Costs To Related Parties
FinanceCostsToRelatedParties
|
79081 | usd | |
CY2023Q4 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
34503014 | usd |
CY2022Q4 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-390414 | usd |
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
10377735 | usd | |
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
1280105 | usd | |
CY2023Q4 | ioacu |
Other Income From Related Parties
OtherIncomeFromRelatedParties
|
5548 | usd |
CY2022Q4 | ioacu |
Other Income From Related Parties
OtherIncomeFromRelatedParties
|
2393 | usd |
ioacu |
Other Income From Related Parties
OtherIncomeFromRelatedParties
|
11224 | usd | |
ioacu |
Other Income From Related Parties
OtherIncomeFromRelatedParties
|
12122 | usd | |
CY2023Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
14425439 | usd |
CY2022Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-8712700 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-26757978 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-32173920 | usd | |
CY2023Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
14425439 | usd |
CY2022Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8712700 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-26757978 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-32173920 | usd | |
CY2023Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.51 | |
CY2022Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-18.05 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-19.25 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-66.66 | ||
CY2023Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.9 | |
CY2022Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-18.05 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-66.66 | ||
CY2023Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3195381 | shares |
CY2022Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
482681 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1390202 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
482681 | shares | |
CY2023Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
16053374 | shares |
CY2022Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
482681 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1390202 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
482681 | shares | |
CY2023Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
14425439 | usd |
CY2022Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8712700 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-26757978 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-32173920 | usd | |
CY2023Q4 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
1775 | usd |
CY2022Q4 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
404675 | usd |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-12305 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
1228124 | usd | |
CY2023Q4 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
|
17989 | usd |
CY2022Q4 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
|
-11097 | usd |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
|
61594 | usd | |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
|
-39247 | usd | |
CY2023Q4 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
|
5250 | usd |
CY2022Q4 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
|
4466 | usd |
us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
|
15859 | usd | |
us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
|
13826 | usd | |
CY2023Q4 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-21464 | usd |
CY2022Q4 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
411306 | usd |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-89758 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
1253545 | usd | |
CY2023Q4 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
14403975 | usd |
CY2022Q4 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-8301394 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-26847736 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-30920375 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-26757978 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-32173920 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
754660 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
604661 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1883733 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3132467 | usd | |
ioacu |
Interest On Convertible Notes
InterestOnConvertibleNotes
|
126575 | usd | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
824 | usd | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
22787 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
5284494 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
840490 | usd | |
us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
3448846 | usd | |
us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
-308832 | usd | |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
6990870 | usd | |
us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
-3465293 | usd | |
ioacu |
Change In Fair Value Of Unsecured Convertible Note
ChangeInFairValueOfUnsecuredConvertibleNote
|
1732589 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
632595 | usd | |
us-gaap |
Other Expenses
OtherExpenses
|
1564210 | usd | |
us-gaap |
Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
|
-85806 | usd | |
us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
-176541 | usd | |
us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
1391876 | usd | |
us-gaap |
Gain Loss On Securitization Of Financial Assets
GainLossOnSecuritizationOfFinancialAssets
|
-39650 | usd | |
us-gaap |
Derivative Gain On Derivative
DerivativeGainOnDerivative
|
385 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
-4052 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
-7483 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
45701 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
43234 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-21529579 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-28524841 | usd | |
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
43795 | usd | |
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
68023 | usd | |
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
116133 | usd | |
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-573207 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-682785 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-86909 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-90030 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
11838986 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
973035 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
482139 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-3398507 | usd | |
us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
29617 | usd | |
us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
53859 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
26927 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
908610 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-8542144 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-29392631 | usd | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
61296 | usd | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
804270 | usd | |
us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
130132 | usd | |
us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
43906 | usd | |
us-gaap |
Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
|
61344 | usd | |
us-gaap |
Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
|
4754914 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
67250 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
14208 | usd | |
us-gaap |
Proceeds From Other Deposits
ProceedsFromOtherDeposits
|
824 | usd | |
us-gaap |
Proceeds From Other Deposits
ProceedsFromOtherDeposits
|
14150 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-62010 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
3935096 | usd | |
us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
13175025 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
10000000 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
4804482 | usd | |
ioacu |
Proceeds From Reverse Recapitalization
ProceedsFromReverseRecapitalization
|
5770630 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
1564210 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1026291 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
5871152 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
346248 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
928663 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
11204424 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3200185 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
2600270 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-22257350 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-168160 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-177091 | usd | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3684883 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
26783791 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6116993 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4349350 | usd |
CY2023Q4 | us-gaap |
Restricted Cash Equivalents
RestrictedCashEquivalents
|
6116993 | usd |
CY2022Q4 | us-gaap |
Restricted Cash Equivalents
RestrictedCashEquivalents
|
4349350 | usd |
CY2023Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
6116993 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
4349350 | usd |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-57337 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
8765 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
326482 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
595205 | usd | |
us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
8434605 | usd | |
ioacu |
Issue Of Common Stock To Vendors Against Services
IssueOfCommonStockToVendorsAgainstServices
|
19052000 | usd | |
us-gaap |
Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
|
27147577 | usd | |
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
3953749 | usd | |
ioacu |
Payments For Offering Cost
PaymentsForOfferingCost
|
4804482 | usd | |
ioacu |
Warrants Issued On Completion Of Reverse Recapitialization
WarrantsIssuedOnCompletionOfReverseRecapitialization
|
7538708 | usd | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<table cellpadding="0" cellspacing="0" style="width: 100%; font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0%"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1.</b></span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Organization, Business operation and Going concern.</b></span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.75in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Zoomcar Holdings, Inc. <i>(formerly “Innovative International Acquisition Corp”) </i>a Delaware corporation provides mobility solutions to consumers and businesses. The accompanying Condensed Consolidated Financial Statements include the accounts and transactions of Zoomcar Holdings, Inc. and its subsidiaries (collectively, the “Company” or “the combined entity” or “Zoomcar”). The Company operates its facilitation services as well as rental business under the Zoomcar brand with its operations in India, Indonesia, and Egypt.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.75in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On December 28, 2023 (the “Closing Date”), pursuant to a Merger Agreement dated October 13, 2022 by and among Innovative International Acquisition Corp (“IOAC” or “SPAC”), Innovative International Merger Sub, Inc. and Zoomcar, Inc., the parties consummated the merger of Innovative International Merger Sub, Inc. with and into Zoomcar, Inc., with Zoomcar, Inc., continuing as the surviving corporation (the “Merger”), as well as the other transactions contemplated by the Merger Agreement (the Merger and such other transactions, the “Reverse Recapitalization”). In connection with the closing (the “Closing”) of the Reverse Recapitalization, Zoomcar, Inc. became a wholly owned subsidiary of IOAC and IOAC changed its name to Zoomcar Holdings, Inc., and all of Zoomcar, Inc. common stock, convertible preferred stock and convertible notes automatically converted into shares of the Company’s common stock having a par value of $ 0.0001 per share. The Company’s Common Stock and Warrants commenced trading on the Nasdaq Global Market (“Nasdaq”) under the symbols “ZCAR” and “ZCARW,” respectively, on December 28, 2023. Refer to Note 3 to these Condensed Consolidated Financial Statements for more information on the Reverse Recapitalization.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.75in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Zoomcar, Inc., determined that it was the accounting acquirer in the Reverse Recapitalization based on an analysis of the criteria outlined in ASC 805, Business Combinations. The determination was primarily based on the following facts:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 75pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif">●</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Zoomcar, Inc’s shareholders, prior to the Reverse Recapitalization, have the largest voting interest in the post-combination Company;</span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 75pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Zoomcar, Inc., prior to the Closing, appointed the majority of the Company’s Board of Directors (effective upon the Reverse Recapitalization, the Company’s Board consists of seven directors, including two directors designated by IOAC prior to the Closing and five directors designated by Zoomcar, Inc., prior to the Closing; four of the Company’s directors immediately after the Closing have been determined to be independent within the meaning of the independent director standards of the Securities and Exchange Commission and The Nasdaq Stock Market LLC);</span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 75pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The executive officers of Zoomcar, Inc. became the initial executive officers of the Company after the Reverse Recapitalization;</span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 74.95pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Zoomcar, Inc., is the larger entity, in terms of substantive operations and employee base;</span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 74.95pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Zoomcar, Inc., will comprise the ongoing operations of the combined entity; and</span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 74.95pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The combined entity will continue under the name of Zoomcar Holdings, Inc.</span></td></tr></table><p style="margin-top: 0; margin-bottom: 0"></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accordingly, for accounting purposes, the Reverse Recapitalization was treated as the equivalent of Zoomcar, Inc., issuing stock for the net assets of IOAC. The primary asset acquired from IOAC was related to the cash amounts that were assumed. Separately, the Company also assumed warrants that were reclassified to equity upon Closing of the Reverse Recapitalization. No goodwill or other intangible assets were recorded as a result of the Reverse Recapitalization.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.75in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">While IOAC was the legal acquirer in the Reverse Recapitalization, because Zoomcar, Inc., was deemed to be the accounting acquirer, the historical financial statements of Zoomcar, Inc., became the historical financial statements of the combined entity upon the consummation of the Reverse Recapitalization. As a result, the financial statements included in this report reflect (i) the historical operating results of Zoomcar, Inc., prior to the Reverse Recapitalization; (ii) the results of the combined entity following the Closing of the Reverse Recapitalization; (iii) sum of the assets and liabilities of both Zoomcar, Inc., and the SPAC at their historical cost; and (iv) the combined entity’s equity structure for all periods presented.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.75in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For periods before the Reverse Recapitalization, shareholders’ equity of the combined entity is presented based on the historical equity of Zoomcar, Inc., restated using the exchange ratio to reflect the equity structure of the SPAC.</span></p> <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.75in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Going concern</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 71.75pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">The Company incurred a net loss of $26,757,978 during the nine months ended December 31, 2023, and cash used in operations during the period was $8,542,144. The Company’s accumulated deficit amounts to $300,032,229 as of December 31, 2023 (March 31, 2023: $270,002,281). The Company has negative working capital of $16,079,313 (inclusive of cash received in merger transaction).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">The Company expects to continue to incur net losses and have significant cash outflows from operating activities for at least the next 12 months. Management has evaluated the significance of the conditions described above in relation to the Company’s ability to meet its obligations and concluded that, without additional funding, the Company will not have sufficient funds to meet its obligations within one year from the date the condensed consolidated financial statements were issued.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">On February 1, 2024, the Company entered into an agreement with two of the former members of the Sponsor pursuant to which the Company agreed to waive the lock-up restrictions provided for in the Letter Agreement with respect to the Lock-Up Release Parties for a period of 120 days in exchange for a cash fee to be paid by the Lock-Up Release Parties to the Company. Management expect that this will result in over $2,000,000 of net inflows to the company over the next 120 days.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">Without raising additional capital, there is substantial doubt about the Company’s ability to continue as a going concern. Considering the commitment of support by the largest investor the accompanying condensed consolidated financial statements have been prepared assuming that the Company will continue as a going concern. This basis of accounting contemplates the recovery of the Company’s assets and the satisfaction of liabilities in the normal course of business. The financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.<span style="font-family: Times New Roman, Times, Serif"> </span></p> | ||
ioacu |
Board Of Directors
BoardOfDirectors
|
five | ||
us-gaap |
Liability For Asbestos And Environmental Claims Net Incurred Loss1
LiabilityForAsbestosAndEnvironmentalClaimsNetIncurredLoss1
|
26757978 | usd | |
CY2023Q4 | us-gaap |
Investments And Cash
InvestmentsAndCash
|
8542144 | usd |
CY2023Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-270002281 | usd |
ioacu |
Working Capital
WorkingCapital
|
16079313 | usd | |
CY2024Q1 | us-gaap |
Inventory Net
InventoryNet
|
2000000 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>iii.</b></span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Use of estimates and assumptions</b></span></td></tr></table><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0in; margin-left: 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The use of estimates and assumptions as determined by management is required in the preparation of the Condensed Consolidated Financial Statements in conformity with US GAAP. These estimates are based on management’s evaluation of historical trends and other information available when the Condensed Consolidated Financial Statements are prepared and may affect the amounts reported and related disclosures. Actual results could differ from those estimates.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0in; margin-left: 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Estimates and underlying assumptions are reviewed on an ongoing basis.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0in; margin-left: 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The significant estimates, judgments and assumptions that affect the condensed consolidated financial statements include, but are not limited to; are:</span></p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">a.</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Estimation of defined benefit obligation</span></td></tr></table><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">b.</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding-right: 29.55pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Estimation of useful lives and residual values of property, plant & equipment, and intangible assets</span></td></tr></table><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">c.</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fair value measurement of financial instruments</span></td></tr></table><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">d.</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fair value measurement of share-based payments</span></td></tr></table><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif"> </span></p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">e.</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Leases – assumption to determine the incremental borrowing rate</span></td></tr></table><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">f.</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Discount rate for discounting deferred payments</span></td></tr></table><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">g.</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Valuation allowance on deferred tax assets</span></td></tr></table><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.5in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">h.</span></td><td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Estimation of utilization of receivable from government authorities</span></td></tr></table> | ||
CY2023Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
99899 | usd |
CY2023Q1 | us-gaap |
Deferred Revenue
DeferredRevenue
|
260705 | usd |
CY2023Q4 | ioacu |
Number Of Kilometer For Disposal Vehicles
NumberOfKilometerForDisposalVehicles
|
120000 | kilometers |
CY2023Q4 | ioacu |
Number Of Kilometer For Disposal Vehicles
NumberOfKilometerForDisposalVehicles
|
75000 | miles |
ioacu |
Provisions And Accrued Expenses
ProvisionsAndAccruedExpenses
|
<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"></td><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>xi.</b></span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Provisions and accrued expenses.</b></span></td></tr></table><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">A provision is recognized in the consolidated balance sheet when the Company has a present legal or constructive obligation as a result of a past event, and it is probable that an outflow of economic benefits will be required to settle the obligation. If the effect is material, provisions are recognized at present value by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of the time value of money.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Provisions for onerous contracts are recognized when the expected benefits to be derived by the Company from a contract are lower than the unavoidable costs of meeting the future obligations under the contract. The provision is measured at the present value of the lower of the expected cost of terminating the contract and the expected net cost of continuing with the contract. Before a provision is established, the Company recognizes any impairment loss on the assets associated with that contract. The Company does not have any onerous contracts.</span></p> | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
5770630 | usd | |
CY2023Q4 | us-gaap |
Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
|
10947805 | usd |
CY2023Q4 | us-gaap |
Excess Stock Shares Issued
ExcessStockSharesIssued
|
20000000 | shares |
CY2023Q4 | us-gaap |
Class Of Warrant Or Right Unissued
ClassOfWarrantOrRightUnissued
|
11500000 | shares |
us-gaap |
Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
|
11.5 | ||
CY2023Q4 | ioacu |
Sponsor Purchased
SponsorPurchased
|
1666666 | shares |
CY2023Q4 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
3 | |
CY2023Q4 | ioacu |
Aggregate Gross Proceeds
AggregateGrossProceeds
|
5000000 | usd |
us-gaap |
Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
|
27327481 | shares | |
us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
9192377 | shares | |
us-gaap |
Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
|
2738172 | shares | |
us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
3617333 | shares | |
ioacu |
Number Of Shares
NumberOfShares
|
42875363 | shares | |
CY2023Q4 | us-gaap |
Cash And Due From Banks
CashAndDueFromBanks
|
6028945 | usd |
CY2023Q1 | us-gaap |
Cash And Due From Banks
CashAndDueFromBanks
|
3657580 | usd |
CY2023Q4 | us-gaap |
Deposit Liability Current
DepositLiabilityCurrent
|
86373 | usd |
CY2023Q1 | us-gaap |
Deposit Liability Current
DepositLiabilityCurrent
|
15633 | usd |
CY2023Q4 | us-gaap |
Cash
Cash
|
1675 | usd |
CY2023Q1 | us-gaap |
Cash
Cash
|
13528 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
6116993 | usd |
CY2023Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3686741 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
290871 | usd |
CY2023Q1 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
255175 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
290871 | usd |
CY2023Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
255175 | usd |
CY2023Q4 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
990446 | usd |
CY2023Q1 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
3962822 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
|
3241783 | usd |
CY2023Q1 | us-gaap |
Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
|
248321 | usd |
CY2023Q4 | us-gaap |
Insurance Settlements Receivable
InsuranceSettlementsReceivable
|
23389 | usd |
CY2023Q1 | us-gaap |
Insurance Settlements Receivable
InsuranceSettlementsReceivable
|
23677 | usd |
CY2023Q4 | us-gaap |
Supplies
Supplies
|
57989 | usd |
CY2023Q1 | us-gaap |
Supplies
Supplies
|
88115 | usd |
CY2023Q4 | us-gaap |
Deposit Security Sold Short
DepositSecuritySoldShort
|
135962 | usd |
CY2023Q1 | us-gaap |
Deposit Security Sold Short
DepositSecuritySoldShort
|
53585 | usd |
CY2023Q4 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
115412 | usd |
CY2023Q1 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
174654 | usd |
CY2023Q4 | us-gaap |
Advance Royalties
AdvanceRoyalties
|
113512 | usd |
CY2023Q1 | us-gaap |
Advance Royalties
AdvanceRoyalties
|
87679 | usd |
CY2023Q4 | us-gaap |
Receivables From Customers
ReceivablesFromCustomers
|
537290 | usd |
CY2023Q1 | us-gaap |
Receivables From Customers
ReceivablesFromCustomers
|
578523 | usd |
CY2023Q4 | us-gaap |
Other Receivables
OtherReceivables
|
155165 | usd |
CY2023Q1 | us-gaap |
Other Receivables
OtherReceivables
|
143976 | usd |
CY2023Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1138719 | usd |
CY2023Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1150209 | usd |
CY2023Q4 | us-gaap |
Public Utilities Property Plant And Equipment Vehicles
PublicUtilitiesPropertyPlantAndEquipmentVehicles
|
656885 | usd |
CY2023Q1 | us-gaap |
Public Utilities Property Plant And Equipment Vehicles
PublicUtilitiesPropertyPlantAndEquipmentVehicles
|
923176 | usd |
CY2023Q4 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
|
656885 | usd |
CY2023Q1 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
|
923176 | usd |
CY2023Q4 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
9940 | usd |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
11325 | usd | |
CY2022Q4 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
1690003 | usd |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
1659575 | usd | |
CY2023Q4 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
165216 | usd |
us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
165216 | usd | |
CY2022Q4 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
51032 | usd |
us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
93884 | usd | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4389260 | usd |
CY2023Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4738703 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Owned Accumulated Depreciation
PropertyPlantAndEquipmentOwnedAccumulatedDepreciation
|
2502466 | usd |
CY2023Q1 | us-gaap |
Property Plant And Equipment Owned Accumulated Depreciation
PropertyPlantAndEquipmentOwnedAccumulatedDepreciation
|
2010180 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1886794 | usd |
CY2023Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2728523 | usd |
CY2023Q4 | us-gaap |
Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
|
4125088 | usd |
CY2023Q1 | us-gaap |
Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
|
4179272 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1886794 | usd |
CY2023Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2728523 | usd |
CY2023Q4 | us-gaap |
Depreciation
Depreciation
|
205260 | usd |
us-gaap |
Depreciation
Depreciation
|
624630 | usd | |
CY2023Q4 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
38790 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
130028 | usd | |
CY2022Q4 | us-gaap |
Depreciation
Depreciation
|
90499 | usd |
us-gaap |
Depreciation
Depreciation
|
294522 | usd | |
CY2022Q4 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
200803 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
310139 | usd | |
us-gaap |
Amortization Of Leased Asset
AmortizationOfLeasedAsset
|
3075 | usd | |
CY2023Q4 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
152659 | usd |
CY2022Q4 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
203115 | usd |
us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
469140 | usd | |
us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
637164 | usd | |
CY2023Q4 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
127399 | usd |
CY2022Q4 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
135301 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
387681 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
408713 | usd | |
CY2023Q4 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
43691 | usd |
CY2022Q4 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
21744 | usd |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
123364 | usd | |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
82494 | usd | |
CY2023Q4 | us-gaap |
Lease Cost
LeaseCost
|
323749 | usd |
CY2022Q4 | us-gaap |
Lease Cost
LeaseCost
|
360160 | usd |
us-gaap |
Lease Cost
LeaseCost
|
980185 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
1131446 | usd | |
CY2023Q4 | us-gaap |
Lease Deposit Liability
LeaseDepositLiability
|
364223 | usd |
CY2023Q1 | us-gaap |
Lease Deposit Liability
LeaseDepositLiability
|
369007 | usd |
CY2023Q4 | ioacu |
Equated Monthly Instalment Outstanding
EquatedMonthlyInstalmentOutstanding
|
5761308 | usd |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
492261 | usd | |
ioacu |
Equated Monthly Instalment Interest Rate On Overdue
EquatedMonthlyInstalmentInterestRateOnOverdue
|
0.01 | pure | |
ioacu |
Equated Monthly Instalment Overdue Amount
EquatedMonthlyInstalmentOverdueAmount
|
16669 | usd | |
ioacu |
Overdue Unpaid Term Of Contract
OverdueUnpaidTermOfContract
|
P60D | ||
ioacu |
Equated Monthly Instalment Interest Rate On Unpaid Overdue
EquatedMonthlyInstalmentInterestRateOnUnpaidOverdue
|
0.015 | pure | |
ioacu |
Outstanding Debt Due And Payable
OutstandingDebtDueAndPayable
|
1200000 | usd | |
ioacu |
Percentage Of Debt Due And Payable Interest
PercentageOfDebtDueAndPayableInterest
|
0.015 | pure | |
CY2023Q4 | ioacu |
Debentures
Debentures
|
361817 | usd |
CY2023Q1 | ioacu |
Debentures
Debentures
|
454969 | usd |
CY2023Q4 | us-gaap |
Short Term Non Bank Loans And Notes Payable
ShortTermNonBankLoansAndNotesPayable
|
1269251 | usd |
CY2023Q1 | us-gaap |
Short Term Non Bank Loans And Notes Payable
ShortTermNonBankLoansAndNotesPayable
|
960892 | usd |
CY2023Q4 | us-gaap |
Convertible Debt Current
ConvertibleDebtCurrent
|
2553368 | usd |
CY2023Q1 | us-gaap |
Convertible Debt Current
ConvertibleDebtCurrent
|
2470748 | usd |
CY2023Q4 | ioacu |
Short Term Non Bank Loans And Notes Payable Non Current
ShortTermNonBankLoansAndNotesPayableNonCurrent
|
1865032 | usd |
CY2023Q1 | ioacu |
Short Term Non Bank Loans And Notes Payable Non Current
ShortTermNonBankLoansAndNotesPayableNonCurrent
|
3039200 | usd |
CY2023Q4 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
219142 | usd |
CY2023Q1 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
158455 | usd |
CY2023Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
100259 | usd |
CY2023Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
95577 | usd |
CY2023Q4 | us-gaap |
Other Investments
OtherInvestments
|
319401 | usd |
CY2023Q1 | us-gaap |
Other Investments
OtherInvestments
|
254032 | usd |
CY2023Q4 | us-gaap |
Maturity Of Time Deposits
MaturityOfTimeDeposits
|
P12M | |
CY2023Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
324948 | usd |
CY2023Q1 | us-gaap |
Security Deposit
SecurityDeposit
|
425669 | usd |
CY2023Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
324948 | usd |
CY2023Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
425669 | usd |
CY2023Q4 | ioacu |
Percentage Of Debentures
PercentageOfDebentures
|
0.077 | pure |
CY2023Q4 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
1865032 | usd |
CY2023Q1 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
3039200 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
2030936 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
654744 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
488297 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
903093 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
341330 | usd |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
4418400 | usd |
ioacu |
Percentage Of Non Convertible Debentures
PercentageOfNonConvertibleDebentures
|
0.10 | pure | |
CY2022Q4 | ioacu |
Percentage Of Debentures
PercentageOfDebentures
|
0.077 | pure |
CY2023Q4 | ioacu |
Outstanding Balance
OutstandingBalance
|
372645 | usd |
us-gaap |
Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
|
0.01 | pure | |
ioacu |
Percentage Of Interest Charge
PercentageOfInterestCharge
|
0.36 | pure | |
ioacu |
Percentage Of Overdue Amount
PercentageOfOverdueAmount
|
0.15 | pure | |
ioacu |
Equated Monthly Instalment
EquatedMonthlyInstalment
|
9675 | usd | |
CY2023Q4 | us-gaap |
Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
|
5157 | usd |
us-gaap |
Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
|
5157 | usd | |
CY2023Q1 | us-gaap |
Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
|
10944727 | usd |
CY2023Q1 | us-gaap |
Notes Payable
NotesPayable
|
10944727 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.06 | pure |
us-gaap |
Debt Conversion Original Debt Interest Rate Of Debt
DebtConversionOriginalDebtInterestRateOfDebt
|
0.06 | pure | |
CY2023Q4 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
10 | |
CY2023Q1 | us-gaap |
Fair Value Net Asset Liability
FairValueNetAssetLiability
|
10944727 | usd |
CY2022Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
2027840 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
2027840 | usd |
CY2023Q1 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
31795988 | usd |
CY2023 | ioacu |
Warrants And Placement Agents Issued
WarrantsAndPlacementAgentsIssued
|
8109954 | usd |
ioacu |
Warrants And Placement Agents Issued
WarrantsAndPlacementAgentsIssued
|
13175027 | usd | |
CY2023Q4 | us-gaap |
Equity Fair Value Adjustment
EquityFairValueAdjustment
|
20110058 | usd |
us-gaap |
Equity Fair Value Adjustment
EquityFairValueAdjustment
|
3448846 | usd | |
CY2023Q1 | us-gaap |
Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
|
8109954 | usd |
CY2023Q1 | us-gaap |
Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
|
17422132 | usd |
ioacu |
Fair Value Adjustment Of Warrant
FairValueAdjustmentOfWarrant
|
6571082 | usd | |
CY2023Q4 | us-gaap |
Investment Interest Rate
InvestmentInterestRate
|
0.06 | pure |
ioacu |
Warrant Expiry Period
WarrantExpiryPeriod
|
P5Y | ||
ioacu |
Percentage Of Warrant Purchase
PercentageOfWarrantPurchase
|
0.10 | pure | |
CY2023Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
11500000 | shares |
us-gaap |
Partners Capital Account Units Sold In Private Placement
PartnersCapitalAccountUnitsSoldInPrivatePlacement
|
39057679 | shares | |
CY2023Q4 | ioacu |
Fair Value Option
FairValueOption
|
10167194 | usd |
CY2023Q4 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
10167194 | usd |
CY2023Q4 | us-gaap |
Shortterm Debt Fair Value
ShorttermDebtFairValue
|
10167194 | usd |
us-gaap |
Debt Instrument Redemption Price Percentage Of Principal Amount Redeemed
DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed
|
0.075 | pure | |
ioacu |
Fair Value Option Changes In Fair Value
FairValueOptionChangesInFairValue
|
1732589 | usd | |
CY2023Q4 | ioacu |
Fair Value Option Changes In Fair Value
FairValueOptionChangesInFairValue
|
1732589 | usd |
CY2023Q4 | us-gaap |
Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
|
8434605 | usd |
CY2023Q4 | us-gaap |
Short Term Debt Percentage Bearing Fixed Interest Rate
ShortTermDebtPercentageBearingFixedInterestRate
|
0.08 | pure |
ioacu |
Percentage Of Discount
PercentageOfDiscount
|
0.075 | pure | |
us-gaap |
Common Stock Convertible Conversion Price Decrease
CommonStockConvertibleConversionPriceDecrease
|
10 | ||
CY2023Q4 | ioacu |
Unrestricted Shares
UnrestrictedShares
|
164000 | shares |
us-gaap |
Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
|
542000 | usd | |
CY2023Q4 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
635144 | usd |
CY2023Q1 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
647283 | usd |
CY2023Q4 | us-gaap |
Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
|
1731891 | usd |
CY2023Q1 | us-gaap |
Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
|
1583639 | usd |
CY2023Q4 | ioacu |
Capital Creditor
CapitalCreditor
|
32103 | usd |
CY2023Q1 | ioacu |
Capital Creditor
CapitalCreditor
|
88484 | usd |
CY2023Q4 | ioacu |
Employee Benefit Expenses Payable
EmployeeBenefitExpensesPayable
|
510406 | usd |
CY2023Q1 | ioacu |
Employee Benefit Expenses Payable
EmployeeBenefitExpensesPayable
|
379167 | usd |
CY2023Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
405949 | usd |
CY2023Q1 | us-gaap |
Other Liabilities
OtherLiabilities
|
219392 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
3315493 | usd |
CY2023Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
2917965 | usd |
CY2023Q4 | ioacu |
Other Liabilities With Related Parties
OtherLiabilitiesWithRelatedParties
|
17997 | usd |
CY2023Q1 | ioacu |
Other Liabilities With Related Parties
OtherLiabilitiesWithRelatedParties
|
15067 | usd |
CY2023Q4 | ioacu |
Other Liabilitie Current
OtherLiabilitieCurrent
|
17997 | usd |
CY2023Q1 | ioacu |
Other Liabilitie Current
OtherLiabilitieCurrent
|
15067 | usd |
CY2023Q4 | us-gaap |
Excess Stock Shares Issued
ExcessStockSharesIssued
|
10000000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q4 | us-gaap |
Shares Issued
SharesIssued
|
16987064 | shares |
us-gaap |
Common Stock Voting Rights
CommonStockVotingRights
|
one | ||
us-gaap |
Acquisition Cost Ratio
AcquisitionCostRatio
|
0.000284 | pure | |
us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
9192377 | shares | |
ioacu |
Exchange Shares
ExchangeShares
|
9192377 | shares | |
ioacu |
Cash Amount In Consideration
CashAmountInConsideration
|
5000000 | usd | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
140136788 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
99309415 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
168974437 | usd |
CY2023Q4 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
168974437 | usd |
us-gaap |
Acquisition Cost Ratio
AcquisitionCostRatio
|
0.000284 | pure | |
CY2023Q4 | us-gaap |
Revenues
Revenues
|
2421438 | usd |
CY2022Q4 | us-gaap |
Revenues
Revenues
|
2981600 | usd |
us-gaap |
Revenues
Revenues
|
7717064 | usd | |
us-gaap |
Revenues
Revenues
|
6677727 | usd | |
CY2023Q4 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2421438 | usd |
CY2022Q4 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2981600 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
7717064 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
6677727 | usd | |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
802787 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
786572 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
702889 | usd |
CY2023Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
99899 | usd |
CY2023Q1 | us-gaap |
Deferred Revenue
DeferredRevenue
|
260705 | usd |
us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
360686 | usd | |
CY2022Q4 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
40519 | usd |
us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
133011 | usd | |
CY2023Q4 | ioacu |
Chanages In Fair Valueof Finance Cost Stock Warrant
ChanagesInFairValueofFinanceCostStockWarrant
|
5704739 | usd |
CY2022Q4 | ioacu |
Chanages In Fair Valueof Finance Cost Stock Warrant
ChanagesInFairValueofFinanceCostStockWarrant
|
210123 | usd |
ioacu |
Chanages In Fair Valueof Finance Cost Stock Warrant
ChanagesInFairValueofFinanceCostStockWarrant
|
5284494 | usd | |
ioacu |
Chanages In Fair Valueof Finance Cost Stock Warrant
ChanagesInFairValueofFinanceCostStockWarrant
|
840490 | usd | |
CY2022Q4 | ioacu |
Chanages In Fair Valueof Finance Cost Convertible Promissory Notes
ChanagesInFairValueofFinanceCostConvertiblePromissoryNotes
|
308832 | usd |
ioacu |
Chanages In Fair Valueof Finance Cost Convertible Promissory Notes
ChanagesInFairValueofFinanceCostConvertiblePromissoryNotes
|
308832 | usd | |
CY2023Q4 | ioacu |
Discount On Issue Of Unsecured Convertible Note
DiscountOnIssueOfUnsecuredConvertibleNote
|
632595 | usd |
ioacu |
Discount On Issue Of Unsecured Convertible Note
DiscountOnIssueOfUnsecuredConvertibleNote
|
632595 | usd | |
CY2023Q4 | ioacu |
Chanages In Fair Valueof Finance Cost Convertible Note
ChanagesInFairValueofFinanceCostConvertibleNote
|
1732589 | usd |
ioacu |
Chanages In Fair Valueof Finance Cost Convertible Note
ChanagesInFairValueofFinanceCostConvertibleNote
|
1732589 | usd | |
ioacu |
Change In Fair Value Of Derivative Financial Instrument
ChangeInFairValueOfDerivativeFinancialInstrument
|
3465293 | usd | |
CY2022Q4 | ioacu |
Interest On Promissory Note
InterestOnPromissoryNote
|
126575 | usd |
ioacu |
Interest On Promissory Note
InterestOnPromissoryNote
|
126575 | usd | |
us-gaap |
Notes Issued1
NotesIssued1
|
1564210 | usd | |
CY2023Q4 | ioacu |
Bank Charges
BankCharges
|
4990 | usd |
CY2022Q4 | ioacu |
Bank Charges
BankCharges
|
32181 | usd |
ioacu |
Bank Charges
BankCharges
|
28920 | usd | |
ioacu |
Bank Charges
BankCharges
|
67047 | usd | |
CY2023Q4 | ioacu |
Other Borrowings Costs
OtherBorrowingsCosts
|
44122 | usd |
CY2022Q4 | ioacu |
Other Borrowings Costs
OtherBorrowingsCosts
|
241872 | usd |
ioacu |
Other Borrowings Costs
OtherBorrowingsCosts
|
92727 | usd | |
ioacu |
Other Borrowings Costs
OtherBorrowingsCosts
|
298772 | usd | |
CY2023Q4 | us-gaap |
Costs And Expenses Related Party
CostsAndExpensesRelatedParty
|
8392470 | usd |
CY2022Q4 | us-gaap |
Costs And Expenses Related Party
CostsAndExpensesRelatedParty
|
1296445 | usd |
us-gaap |
Costs And Expenses Related Party
CostsAndExpensesRelatedParty
|
13628832 | usd | |
us-gaap |
Costs And Expenses Related Party
CostsAndExpensesRelatedParty
|
2862702 | usd | |
CY2023Q4 | ioacu |
Interest On Vehicle Loans
InterestOnVehicleLoans
|
12426 | usd |
CY2022Q4 | ioacu |
Interest On Vehicle Loans
InterestOnVehicleLoans
|
10674 | usd |
ioacu |
Interest On Vehicle Loans
InterestOnVehicleLoans
|
38203 | usd | |
ioacu |
Interest On Vehicle Loans
InterestOnVehicleLoans
|
79081 | usd | |
CY2023Q4 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
12426 | usd |
CY2022Q4 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
10674 | usd |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
38203 | usd | |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
79081 | usd | |
CY2023Q4 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-13412 | usd |
CY2022Q4 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-886 | usd |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-33799 | usd | |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-11470 | usd | |
CY2023Q4 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
7986326 | usd |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
6990870 | usd | |
CY2023Q4 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
20110058 | usd |
us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
3448846 | usd | |
CY2023Q4 | ioacu |
Fair Value Of Derivative Financial Instrument
FairValueOfDerivativeFinancialInstrument
|
6571082 | usd |
CY2023Q4 | us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
|
1713 | usd |
us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
|
85806 | usd | |
CY2023Q4 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
-175156 | usd |
CY2022Q4 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
-78706 | usd |
us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
-176541 | usd | |
us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
1391876 | usd | |
CY2023Q4 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
5188 | usd |
CY2022Q4 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
470343 | usd |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
18886 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
313236 | usd | |
CY2023Q4 | us-gaap |
Gain Loss On Securitization Of Financial Assets
GainLossOnSecuritizationOfFinancialAssets
|
364 | usd |
us-gaap |
Gain Loss On Securitization Of Financial Assets
GainLossOnSecuritizationOfFinancialAssets
|
-39650 | usd | |
CY2023Q4 | us-gaap |
Proceeds Contract With Customer Asset Previously Written Off Recovery
ProceedsContractWithCustomerAssetPreviouslyWrittenOffRecovery
|
762 | usd |
CY2022Q4 | us-gaap |
Proceeds Contract With Customer Asset Previously Written Off Recovery
ProceedsContractWithCustomerAssetPreviouslyWrittenOffRecovery
|
136012 | usd |
us-gaap |
Proceeds Contract With Customer Asset Previously Written Off Recovery
ProceedsContractWithCustomerAssetPreviouslyWrittenOffRecovery
|
58265 | usd | |
us-gaap |
Proceeds Contract With Customer Asset Previously Written Off Recovery
ProceedsContractWithCustomerAssetPreviouslyWrittenOffRecovery
|
141514 | usd | |
CY2023Q4 | ioacu |
Provision Written Off
ProvisionWrittenOff
|
384 | usd |
ioacu |
Provision Written Off
ProvisionWrittenOff
|
-113443 | usd | |
CY2023Q4 | us-gaap |
Interest Income Other
InterestIncomeOther
|
3451 | usd |
CY2022Q4 | us-gaap |
Interest Income Other
InterestIncomeOther
|
21737 | usd |
us-gaap |
Interest Income Other
InterestIncomeOther
|
53395 | usd | |
us-gaap |
Interest Income Other
InterestIncomeOther
|
48481 | usd | |
CY2023Q4 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
34503014 | usd |
CY2022Q4 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-390414 | usd |
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
10377735 | usd | |
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
1280105 | usd | |
CY2023Q4 | ioacu |
Interest Income From Related Parties
InterestIncomeFromRelatedParties
|
5548 | usd |
CY2022Q4 | ioacu |
Interest Income From Related Parties
InterestIncomeFromRelatedParties
|
2393 | usd |
ioacu |
Interest Income From Related Parties
InterestIncomeFromRelatedParties
|
11224 | usd | |
ioacu |
Interest Income From Related Parties
InterestIncomeFromRelatedParties
|
12122 | usd | |
CY2023Q4 | ioacu |
Other Income From Related Parties
OtherIncomeFromRelatedParties
|
5548 | usd |
CY2022Q4 | ioacu |
Other Income From Related Parties
OtherIncomeFromRelatedParties
|
2393 | usd |
ioacu |
Other Income From Related Parties
OtherIncomeFromRelatedParties
|
11224 | usd | |
ioacu |
Other Income From Related Parties
OtherIncomeFromRelatedParties
|
12122 | usd | |
CY2023Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-19809584 | usd |
CY2022Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-2551738 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-11367084 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-3944747 | usd | |
CY2023Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
5384145 | usd |
CY2022Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-6160962 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-15390894 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-28229173 | usd | |
CY2023Q4 | us-gaap |
Income Loss Attributable To Parent
IncomeLossAttributableToParent
|
14425439 | usd |
CY2022Q4 | us-gaap |
Income Loss Attributable To Parent
IncomeLossAttributableToParent
|
-8712700 | usd |
us-gaap |
Income Loss Attributable To Parent
IncomeLossAttributableToParent
|
-26757978 | usd | |
us-gaap |
Income Loss Attributable To Parent
IncomeLossAttributableToParent
|
-32173920 | usd | |
CY2023Q4 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure |
CY2022Q4 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure | |
CY2023Q4 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022Q4 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure | |
CY2023Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
14425439 | usd |
CY2022Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-8712700 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-26757978 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-32173920 | usd | |
CY2023Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3195381 | shares |
CY2022Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
482681 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1390202 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
482681 | shares | |
CY2023Q4 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
3195381 | shares |
CY2022Q4 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
482681 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1390202 | shares | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
482681 | shares | |
CY2023Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.51 | |
CY2022Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-18.05 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-19.25 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-66.66 | ||
CY2023Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.9 | |
CY2022Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-18.05 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-19.25 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-66.66 | ||
CY2022Q4 | ioacu |
Convertible Preferred Stockin Shares
ConvertiblePreferredStockinShares
|
112660326 | usd |
ioacu |
Convertible Preferred Stockin Shares
ConvertiblePreferredStockinShares
|
112660326 | usd | |
CY2022Q4 | us-gaap |
Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
|
36501508 | usd |
us-gaap |
Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
|
36501508 | usd | |
CY2023Q4 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
674 | usd |
CY2022Q4 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
8178840 | usd |
us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
224 | usd | |
us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
8178840 | usd | |
CY2023Q4 | us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
11500000 | usd |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
11500000 | usd | |
CY2023Q4 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
1287616 | usd |
us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
427639 | usd | |
CY2023Q4 | ioacu |
Unsecured Convertible Note
UnsecuredConvertibleNote
|
69704 | usd |
ioacu |
Unsecured Convertible Note
UnsecuredConvertibleNote
|
23150 | usd | |
CY2023Q4 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
12857994 | usd |
CY2022Q4 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
157340674 | usd |
us-gaap |
Dilutive Securities
DilutiveSecurities
|
11951013 | usd | |
us-gaap |
Dilutive Securities
DilutiveSecurities
|
157340674 | usd | |
CY2023Q4 | ioacu |
Gratuity
Gratuity
|
88040 | usd |
CY2023Q1 | ioacu |
Gratuity
Gratuity
|
70872 | usd |
CY2023Q4 | us-gaap |
Compensated Absences Liability
CompensatedAbsencesLiability
|
90399 | usd |
CY2023Q1 | us-gaap |
Compensated Absences Liability
CompensatedAbsencesLiability
|
75134 | usd |
CY2023Q4 | ioacu |
Pension And Other Postretirement Defined Benefit
PensionAndOtherPostretirementDefinedBenefit
|
178439 | usd |
CY2023Q1 | ioacu |
Pension And Other Postretirement Defined Benefit
PensionAndOtherPostretirementDefinedBenefit
|
146006 | usd |
CY2023Q4 | ioacu |
Gratuity Non Current
GratuityNonCurrent
|
262376 | usd |
CY2023Q1 | ioacu |
Gratuity Non Current
GratuityNonCurrent
|
215841 | usd |
CY2023Q4 | ioacu |
Compensated Absences Liability Non Current
CompensatedAbsencesLiabilityNonCurrent
|
247136 | usd |
CY2023Q1 | ioacu |
Compensated Absences Liability Non Current
CompensatedAbsencesLiabilityNonCurrent
|
222967 | usd |
CY2023Q4 | ioacu |
Non Current Pension And Other Employee Obligation
NonCurrentPensionAndOtherEmployeeObligation
|
509512 | usd |
CY2023Q1 | ioacu |
Non Current Pension And Other Employee Obligation
NonCurrentPensionAndOtherEmployeeObligation
|
438808 | usd |
CY2023Q3 | us-gaap |
Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
|
347647 | usd |
CY2022Q3 | us-gaap |
Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
|
283073 | usd |
CY2023Q1 | us-gaap |
Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
|
286713 | usd |
CY2022Q1 | us-gaap |
Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
|
341726 | usd |
CY2023Q4 | us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
20975 | usd |
CY2022Q4 | us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
26445 | usd |
us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
71084 | usd | |
us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
77391 | usd | |
CY2023Q4 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
3748 | usd |
CY2022Q4 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
4558 | usd |
us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
13541 | usd | |
us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
14427 | usd | |
CY2023Q4 | us-gaap |
Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
|
17989 | usd |
CY2022Q4 | us-gaap |
Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
|
-11097 | usd |
us-gaap |
Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
|
61594 | usd | |
us-gaap |
Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
|
-39247 | usd | |
CY2023Q4 | us-gaap |
Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
|
39713 | usd |
CY2022Q4 | us-gaap |
Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
|
5507 | usd |
us-gaap |
Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
|
78390 | usd | |
us-gaap |
Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
|
75131 | usd | |
CY2023Q4 | us-gaap |
Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
|
230 | usd |
CY2022Q4 | us-gaap |
Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
|
5681 | usd |
us-gaap |
Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
|
4126 | usd | |
us-gaap |
Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
|
27375 | usd | |
CY2023Q4 | us-gaap |
Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
|
350416 | usd |
CY2022Q4 | us-gaap |
Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
|
291791 | usd |
CY2023Q4 | us-gaap |
Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
|
350416 | usd |
CY2022Q4 | us-gaap |
Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
|
291791 | usd |
CY2023Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
|
88040 | usd |
CY2022Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
|
82661 | usd |
CY2023Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
262376 | usd |
CY2022Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
209130 | usd |
CY2023Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
|
350416 | usd |
CY2022Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
|
291791 | usd |
CY2023Q4 | us-gaap |
Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
|
254630 | usd |
CY2022Q4 | us-gaap |
Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
|
208211 | usd |
CY2023Q4 | us-gaap |
Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
DefinedBenefitPlanActuarialGainLossImmediateRecognitionAsComponentInNetPeriodicBenefitCostCredit
|
17989 | usd |
CY2022Q4 | us-gaap |
Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
DefinedBenefitPlanActuarialGainLossImmediateRecognitionAsComponentInNetPeriodicBenefitCostCredit
|
-11097 | usd |
us-gaap |
Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
DefinedBenefitPlanActuarialGainLossImmediateRecognitionAsComponentInNetPeriodicBenefitCostCredit
|
61594 | usd | |
us-gaap |
Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
DefinedBenefitPlanActuarialGainLossImmediateRecognitionAsComponentInNetPeriodicBenefitCostCredit
|
-39247 | usd | |
CY2023Q4 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
5250 | usd |
CY2022Q4 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
4466 | usd |
us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
15859 | usd | |
us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
13826 | usd | |
CY2023Q4 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
23239 | usd |
CY2022Q4 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
-6631 | usd |
us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
77453 | usd | |
us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
-25421 | usd | |
CY2023Q4 | ioacu |
Actuarialgainloss Due To Demographic Assumption Changes In Defined Benefit Obligation
ActuarialgainlossDueToDemographicAssumptionChangesInDefinedBenefitObligation
|
-3178 | usd |
CY2022Q4 | ioacu |
Actuarialgainloss Due To Demographic Assumption Changes In Defined Benefit Obligation
ActuarialgainlossDueToDemographicAssumptionChangesInDefinedBenefitObligation
|
-6724 | usd |
ioacu |
Actuarialgainloss Due To Demographic Assumption Changes In Defined Benefit Obligation
ActuarialgainlossDueToDemographicAssumptionChangesInDefinedBenefitObligation
|
-2430 | usd | |
ioacu |
Actuarialgainloss Due To Demographic Assumption Changes In Defined Benefit Obligation
ActuarialgainlossDueToDemographicAssumptionChangesInDefinedBenefitObligation
|
-9619 | usd | |
CY2023Q4 | ioacu |
Actuarialgain Loss Due To Financial Assumption Changes In Defined Benefit Obligation
ActuarialgainLossDueToFinancialAssumptionChangesInDefinedBenefitObligation
|
5847 | usd |
CY2022Q4 | ioacu |
Actuarialgain Loss Due To Financial Assumption Changes In Defined Benefit Obligation
ActuarialgainLossDueToFinancialAssumptionChangesInDefinedBenefitObligation
|
1651 | usd |
ioacu |
Actuarialgain Loss Due To Financial Assumption Changes In Defined Benefit Obligation
ActuarialgainLossDueToFinancialAssumptionChangesInDefinedBenefitObligation
|
312 | usd | |
ioacu |
Actuarialgain Loss Due To Financial Assumption Changes In Defined Benefit Obligation
ActuarialgainLossDueToFinancialAssumptionChangesInDefinedBenefitObligation
|
-6106 | usd | |
CY2023Q4 | ioacu |
Actuarialgainloss Due To Experience On Defined Benefit Obligation
ActuarialgainlossDueToExperienceOnDefinedBenefitObligation
|
15320 | usd |
CY2022Q4 | ioacu |
Actuarialgainloss Due To Experience On Defined Benefit Obligation
ActuarialgainlossDueToExperienceOnDefinedBenefitObligation
|
-6024 | usd |
ioacu |
Actuarialgainloss Due To Experience On Defined Benefit Obligation
ActuarialgainlossDueToExperienceOnDefinedBenefitObligation
|
63712 | usd | |
ioacu |
Actuarialgainloss Due To Experience On Defined Benefit Obligation
ActuarialgainlossDueToExperienceOnDefinedBenefitObligation
|
-23522 | usd | |
CY2023Q4 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
17989 | usd |
CY2022Q4 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
-11097 | usd |
us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
61594 | usd | |
us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
-39247 | usd | |
CY2023Q4 | us-gaap |
Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
|
22838 | usd |
CY2023Q4 | us-gaap |
Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
|
81162 | usd |
CY2023Q4 | us-gaap |
Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
|
45550 | usd |
CY2023Q4 | us-gaap |
Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
|
28756 | usd |
CY2023Q4 | us-gaap |
Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
|
21252 | usd |
CY2023Q4 | us-gaap |
Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
|
152981 | usd |
CY2023Q4 | us-gaap |
Defined Benefit Plan Expected Future Benefit Payments Remainder Of Fiscal Year
DefinedBenefitPlanExpectedFutureBenefitPaymentsRemainderOfFiscalYear
|
352539 | usd |
CY2023Q4 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
98424 | usd |
us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
317248 | usd | |
CY2022Q4 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
137458 | usd |
us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
510853 | usd | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
719167 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
17904823 | shares | |
CY2023Q4 | us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
51848 | usd |
CY2022Q4 | us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
60783 | usd |
us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
134883 | usd | |
us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
574846 | usd | |
CY2023Q4 | us-gaap |
Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
|
117070 | usd |
CY2022Q4 | us-gaap |
Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
|
93467 | usd |
us-gaap |
Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
|
182017 | usd | |
us-gaap |
Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
|
358840 | usd | |
CY2023Q4 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
1096910 | usd |
CY2022Q4 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
338885 | usd |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
1566833 | usd | |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
2198783 | usd | |
CY2023Q4 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1265828 | usd |
CY2022Q4 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
493135 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1883733 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3132468 | usd | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
2.2 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
|
0.30 | pure | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y8M8D | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P8Y9M3D | ||
CY2022Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
3319980 | usd |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P0Y | ||
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y3M3D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
1265828 | shares | |
ioacu |
Option Exchange Ratio
OptionExchangeRatio
|
0.0284 | ||
CY2023Q4 | us-gaap |
Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
|
965318 | usd |
CY2023Q1 | us-gaap |
Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
|
887440 | usd |
CY2023Q4 | us-gaap |
Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
|
3649161 | usd |
CY2023Q1 | us-gaap |
Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
|
12296480 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
6281374 | usd |
CY2023Q1 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
3853281 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Fair Value Disclosure
AccountsReceivableFairValueDisclosure
|
290871 | usd |
CY2023Q1 | us-gaap |
Accounts Receivable Fair Value Disclosure
AccountsReceivableFairValueDisclosure
|
255175 | usd |
CY2023Q4 | us-gaap |
Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
|
4232229 | usd |
CY2023Q1 | us-gaap |
Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
|
4211143 | usd |
CY2023Q4 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
319401 | usd |
CY2023Q1 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
254032 | usd |
CY2023Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
12089193 | usd |
CY2023Q1 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
9461071 | usd |
CY2023Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Fair Value Disclosure
AccountsPayableAndAccruedLiabilitiesFairValueDisclosure
|
14179685 | usd |
CY2023Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Fair Value Disclosure
AccountsPayableAndAccruedLiabilitiesFairValueDisclosure
|
6547978 | usd |
CY2023Q4 | us-gaap |
Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
|
4418400 | usd |
CY2023Q1 | us-gaap |
Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
|
5509948 | usd |
CY2023Q4 | ioacu |
Other Financial Liabilities Fair Value Disclosure
OtherFinancialLiabilitiesFairValueDisclosure
|
1516260 | usd |
CY2023Q1 | ioacu |
Other Financial Liabilities Fair Value Disclosure
OtherFinancialLiabilitiesFairValueDisclosure
|
1349393 | usd |
CY2023Q4 | us-gaap |
Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
|
20114345 | usd |
CY2023Q1 | us-gaap |
Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
|
13407319 | usd |
CY2023Q4 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
|
656885 | usd |
CY2023Q4 | us-gaap |
Unsecured Debt
UnsecuredDebt
|
10167194 | usd |
CY2023Q1 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
|
923176 | usd |
CY2023Q1 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
1190691 | usd |
CY2023Q1 | ioacu |
Convertible Promissory Note
ConvertiblePromissoryNote
|
10944727 | usd |
CY2023Q1 | us-gaap |
Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
|
17422132 | usd |
CY2023Q1 | us-gaap |
Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
|
14373856 | usd |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y | ||
us-gaap |
Debt Instrument Convertible Conversion Price Increase
DebtInstrumentConvertibleConversionPriceIncrease
|
10 | ||
CY2023Q4 | us-gaap |
Share Price
SharePrice
|
3.7 | |
CY2023Q1 | ioacu |
Derivative Liabilities Fair Value
DerivativeLiabilitiesFairValue
|
14373856 | usd |
CY2019Q3 | ioacu |
Vehicles Purchased
VehiclesPurchased
|
434989 | usd |
CY2023Q1 | ioacu |
Vehicles Purchased
VehiclesPurchased
|
440703 | usd |
us-gaap |
Direct Taxes And Licenses Costs
DirectTaxesAndLicensesCosts
|
4446347 | usd | |
CY2023Q1 | us-gaap |
Direct Taxes And Licenses Costs
DirectTaxesAndLicensesCosts
|
4504751 | usd |
us-gaap |
Loss Contingency Related Receivable Carrying Value Period Increase Decrease
LossContingencyRelatedReceivableCarryingValuePeriodIncreaseDecrease
|
34182 | usd | |
us-gaap |
Cost Of Goods Sold Direct Financing Lease
CostOfGoodsSoldDirectFinancingLease
|
444637 | usd | |
CY2023Q1 | us-gaap |
Cost Of Goods Sold Direct Financing Lease
CostOfGoodsSoldDirectFinancingLease
|
450477 | usd |
CY2023Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
9341 | usd |
CY2023Q1 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
100000 | shares |
CY2023Q1 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
100000 | shares |
CY2023Q1 | ioacu |
Accounts Payable Towards Related Party
AccountsPayableTowardsRelatedParty
|
usd | |
CY2023Q4 | ioacu |
Preferred Stock Warrant Liability
PreferredStockWarrantLiability
|
usd | |
CY2023Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
usd | |
CY2023Q4 | us-gaap |
Convertible Subordinated Debt Noncurrent
ConvertibleSubordinatedDebtNoncurrent
|
usd | |
CY2023Q1 | ioacu |
Unsecured Convertible Note1
UnsecuredConvertibleNote1
|
usd | |
CY2023Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
usd | |
CY2023Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
usd | |
CY2023Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
usd | |
CY2023Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2022Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | ||
ioacu |
Interest On Convertible Notes
InterestOnConvertibleNotes
|
usd | ||
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
usd | ||
us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
usd | ||
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
usd | ||
us-gaap |
Other Expenses
OtherExpenses
|
usd | ||
us-gaap |
Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
|
usd | ||
us-gaap |
Gain Loss On Securitization Of Financial Assets
GainLossOnSecuritizationOfFinancialAssets
|
usd | ||
us-gaap |
Derivative Gain On Derivative
DerivativeGainOnDerivative
|
usd | ||
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
usd | ||
us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
usd | ||
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
usd | ||
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
usd | ||
ioacu |
Proceeds From Reverse Recapitalization
ProceedsFromReverseRecapitalization
|
usd | ||
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
usd | ||
us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
usd | ||
ioacu |
Issue Of Common Stock To Vendors Against Services
IssueOfCommonStockToVendorsAgainstServices
|
usd | ||
us-gaap |
Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
|
usd | ||
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
usd | ||
ioacu |
Payments For Offering Cost
PaymentsForOfferingCost
|
usd | ||
ioacu |
Warrants Issued On Completion Of Reverse Recapitialization
WarrantsIssuedOnCompletionOfReverseRecapitialization
|
usd | ||
CY2023Q4 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
usd | |
CY2023Q1 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
usd | |
CY2023Q4 | us-gaap |
Amortization Of Leased Asset
AmortizationOfLeasedAsset
|
usd | |
CY2022Q4 | us-gaap |
Amortization Of Leased Asset
AmortizationOfLeasedAsset
|
usd | |
us-gaap |
Amortization Of Leased Asset
AmortizationOfLeasedAsset
|
usd | ||
CY2023Q4 | us-gaap |
Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
|
usd | |
CY2023Q4 | us-gaap |
Notes Payable
NotesPayable
|
usd | |
CY2023Q4 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
usd | |
CY2022Q4 | us-gaap |
Equity Fair Value Adjustment
EquityFairValueAdjustment
|
usd | |
us-gaap |
Equity Fair Value Adjustment
EquityFairValueAdjustment
|
usd | ||
CY2023Q4 | us-gaap |
Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
|
usd | |
CY2023Q1 | ioacu |
Fair Value Option
FairValueOption
|
usd | |
CY2023Q1 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
usd | |
CY2023Q4 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
usd | |
CY2023Q4 | ioacu |
Chanages In Fair Valueof Finance Cost Convertible Promissory Notes
ChanagesInFairValueofFinanceCostConvertiblePromissoryNotes
|
usd | |
ioacu |
Chanages In Fair Valueof Finance Cost Convertible Promissory Notes
ChanagesInFairValueofFinanceCostConvertiblePromissoryNotes
|
usd | ||
CY2022Q4 | ioacu |
Discount On Issue Of Unsecured Convertible Note
DiscountOnIssueOfUnsecuredConvertibleNote
|
usd | |
ioacu |
Discount On Issue Of Unsecured Convertible Note
DiscountOnIssueOfUnsecuredConvertibleNote
|
usd | ||
CY2022Q4 | ioacu |
Chanages In Fair Valueof Finance Cost Convertible Note
ChanagesInFairValueofFinanceCostConvertibleNote
|
usd | |
ioacu |
Chanages In Fair Valueof Finance Cost Convertible Note
ChanagesInFairValueofFinanceCostConvertibleNote
|
usd | ||
CY2023Q4 | ioacu |
Change In Fair Value Of Derivative Financial Instrument
ChangeInFairValueOfDerivativeFinancialInstrument
|
usd | |
CY2022Q4 | ioacu |
Change In Fair Value Of Derivative Financial Instrument
ChangeInFairValueOfDerivativeFinancialInstrument
|
usd | |
ioacu |
Change In Fair Value Of Derivative Financial Instrument
ChangeInFairValueOfDerivativeFinancialInstrument
|
usd | ||
CY2023Q4 | ioacu |
Interest On Promissory Note
InterestOnPromissoryNote
|
usd | |
ioacu |
Interest On Promissory Note
InterestOnPromissoryNote
|
usd | ||
CY2023Q4 | us-gaap |
Notes Issued1
NotesIssued1
|
usd | |
CY2022Q4 | us-gaap |
Notes Issued1
NotesIssued1
|
usd | |
us-gaap |
Notes Issued1
NotesIssued1
|
usd | ||
CY2022Q4 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
usd | |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
usd | ||
CY2022Q4 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
usd | |
CY2022Q4 | ioacu |
Fair Value Of Derivative Financial Instrument
FairValueOfDerivativeFinancialInstrument
|
usd | |
ioacu |
Fair Value Of Derivative Financial Instrument
FairValueOfDerivativeFinancialInstrument
|
usd | ||
ioacu |
Fair Value Of Derivative Financial Instrument
FairValueOfDerivativeFinancialInstrument
|
usd | ||
CY2022Q4 | us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
|
usd | |
us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
|
usd | ||
CY2022Q4 | us-gaap |
Gain Loss On Securitization Of Financial Assets
GainLossOnSecuritizationOfFinancialAssets
|
usd | |
us-gaap |
Gain Loss On Securitization Of Financial Assets
GainLossOnSecuritizationOfFinancialAssets
|
usd | ||
CY2022Q4 | ioacu |
Provision Written Off
ProvisionWrittenOff
|
usd | |
ioacu |
Provision Written Off
ProvisionWrittenOff
|
usd | ||
CY2023Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2022Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | ||
CY2023Q4 | ioacu |
Convertible Preferred Stockin Shares
ConvertiblePreferredStockinShares
|
usd | |
ioacu |
Convertible Preferred Stockin Shares
ConvertiblePreferredStockinShares
|
usd | ||
CY2023Q4 | us-gaap |
Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
|
usd | |
us-gaap |
Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
|
usd | ||
CY2022Q4 | us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
usd | |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
usd | ||
CY2022Q4 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
usd | |
us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
usd | ||
CY2022Q4 | ioacu |
Unsecured Convertible Note
UnsecuredConvertibleNote
|
usd | |
ioacu |
Unsecured Convertible Note
UnsecuredConvertibleNote
|
usd | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
pure | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
|||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
|||
CY2023Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
usd | |
CY2023Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
usd | |
CY2023Q4 | ioacu |
Convertible Promissory Note
ConvertiblePromissoryNote
|
usd | |
CY2023Q4 | us-gaap |
Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
|
usd | |
CY2023Q4 | ioacu |
Derivative Liabilities Fair Value
DerivativeLiabilitiesFairValue
|
usd | |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--03-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001854275 | ||
CY2023Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd |