v3.25.1
Loss Per Share
3 Months Ended
Mar. 31, 2025
Loss Per Share [Abstract]  
Loss Per Share
(22)Loss per share

 

Basic loss per share for the three months ended March 31, 2025 and 2024 are calculated as follows:

 

(The United States Dollar in unit and number of shares)  For the three months ended
March 31
 
   2025   2024 
Net loss (A)  $(11,392,814)  $(3,355,366)
Weighted average number of ordinary shares outstanding (B)   10,906,233    5,622,954 
Basic loss per ordinary share (A/B)  $(1.04)  $(0.60)

 

Weighted average number of ordinary shares outstanding for the three months ended March 31, 2025 and 2024 are calculated as follows:

 

   For the three-months ended March 31 
(Number of shares)  2025   2024 
Ordinary shares outstanding at the beginning   2,155,000    5,622,954 
Changes due to business combination   8,751,233    
-
 
Weighted average number of ordinary shares outstanding   10,906,233    5,622,954 

 

The group’s diluted loss per share is the same as basic loss per share because there is no dilution effect.