Net Loss Per Share

6 Months Ended

Sep. 30, 2023

23.

Net loss per share

Basic net loss per share attributable to common stockholders is computed by dividing the net loss by the number of weighted-average outstanding common shares. Diluted net loss per share attributable to common stockholders is determined by giving effect to all potential common equivalents during the reporting period, unless including them yields an antidilutive result. The Company considers its preferred stocks, convertible notes and share warrants as potential common equivalents, but excluded them from the computation of diluted net loss per share attributable to common stockholders in the periods presented, as their effect was antidilutive.

The following table sets forth the computation of basic net loss per share attributable to common stockholders and preferred stock holders:


Particulars	For the three months ended September 30, 2023			For the three months ended September 30, 2022			For the six months ended September 30, 2023			For the six months ended September 30, 2022
Numerator:
Net Loss		(31,081,800	)		(7,428,929	)		(35,121,044	)		(10,007,301	)
Less: dividend attributable to preferred stockholders for the current year		-			27,742			-			53,956
Net loss attributable to Roadzen Inc. common stockholders		(31,081,800	)		(7,456,671	)		(35,121,044	)		(10,061,257	)
Denominator:
Weighted-average shares used in computing net loss per share attributable to Roadzen Inc. common stockholders - basic and diluted		22,272,967			16,501,984			19,387,476			16,501,984
Net loss per share attributable to Roadzen Inc. common stockholders - basic and diluted		(1.40	)		(0.45	)		(1.81	)		(0.61	)

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 six months ended September 30, 2023		For the six months ended September 30, 2022
Share warrants		19,157,081		25,931
Convertible notes		—		11,939,285
Preferred stock				28,586,846
Total		19,157,081		40,552,062