XML 69 R60.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Net Loss Per Share (Tables) | 9 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2023 | Mar. 31, 2023
Earnings Per Share [Abstract] |  |
Schedule of Computation Of Basic Net Loss Per Share Attributable To Ordinary Shareholders And Preferred Stock Holders | The following table sets forth the computation of basic net loss per share attributable to ordinary shareholders and preferred stock holders:
Particulars |  | For the three months ended December 31, 2023 |  |  | For the three months ended December 31, 2022 |  |  | For the nine months ended December 31, 2023 |  |  | For the nine months ended December 31, 2022 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  |  | (30,569,619 | ) |  |  | 477,429 |  |  |  | (65,690,663 | ) |  |  | (9,529,872 | )
Less: dividend attributable to preferred stockholders for the current year |  |  | — |  |  |  | 27,742 |  |  |  | — |  |  |  | 53,956 |
Net loss attributable to Roadzen Inc. ordinary shareholders |  |  | (30,569,619 | ) |  |  | 449,687 |  |  |  | (65,690,663 | ) |  |  | (9,583,828 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average shares used in computing net loss per share attributable to Roadzen Inc. ordinary shareholders - basic and diluted |  |  | 68,440,829 |  |  |  | 16,501,984 |  |  |  | 36,144,311 |  |  |  | 16,501,984 |
Net loss per share attributable to Roadzen Inc. ordinary shareholders - basic and diluted |  |  | (0.45 | ) |  |  | 0.03 |  |  |  | (1.82 | ) |  |  | (0.58 | )
| The following table sets forth the computation of basic net loss per share attributable to common stockholders and preferred stockholders:
Particulars |  | For the year ended March 31, 2023 |  |  | For the year ended March 31, 2022 |
Numerator: |  |  |  |  |  |
Net Loss |  |  | (14,024,268 | ) |  |  | (9,741,832 | )
Less: dividend attributable to preferred stockholders for the current year |  |  | 119,216 |  |  |  | 90,700 |
Net loss attributable to Roadzen, Inc. common stockholders |  |  | (14,143,484 | ) |  |  | (9,832,532 | )
Denominator: |  |  |  |  |  |
Weighted-average shares used in computing net loss per share attributable to Roadzen, Inc. common stockholders - basic and diluted |  |  | 606,425 |  |  |  | 606,425 |
Net loss per share attributable to Roadzen, Inc. common stockholders - basic and diluted |  |  | (23.32 | ) |  |  | (16.21 | )
Schedule of Potential Ordinary Shares Equivalents Excluded From The Computation Of Diluted Net Loss Per Share | The following table summarizes the number of potential Ordinary Shares equivalents that were excluded from the computation of diluted net loss per share attributable to ordinary shareholders for the periods presented:
Particulars |  | For the nine months ended December 31, 2023 |  |  | For the nine months ended December 31, 2022 |
Share warrants |  |  | 20,211,506 |  |  |  | 51,893 |
Restricted stock units |  |  | 9,903,480 |  |  |  | — |
Convertible instruments |  |  | 7,012 |  |  |  | 10,524,888 |
Preferred stock |  |  | — |  |  |  | 28,468,541 |
Total |  |  | 30,121,998 |  |  |  | 39,045,322 |
| The following table summarizes the number of potential common stock equivalents that were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented:
Particulars |  | For the year ended March 31, 2023 |  |  | For the year ended March 31, 2022 |
Share warrants |  |  | — |  |  |  | 83,382 |
Convertible notes |  |  | — |  |  |  | 523,654 |
Preferred stock |  |  | 1,125,376 |  |  |  | 888,786 |
Total |  |  | 1,125,376 |  |  |  | 1,495,822 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration