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(Loss) Earnings Per Share
 12 Months Ended
Dec. 31, 2025
(Loss) Earnings Per Share [Abstract]  
(LOSS) EARNINGS PER SHARE

14. (LOSS) EARNINGS PER SHARE

 

   For the Years Ended
December 31,		 
   2025   2024 
         
Net (loss) income $(24,682,538) $1,369,842 
Weighted average number of ordinary share outstanding          
Basic  31,584,244   27,043,750 
Diluted  31,584,244   27,043,750 
(Loss) income per share          
Basic $(0.78) $0.05 
Diluted $(0.78) $0.05 

 

Basic earnings (loss) per share is computed by dividing net (loss) income attributable to ordinary shareholders by the weighted average number of ordinary shares outstanding during the period. The computation of diluted net loss per share does not include dilutive ordinary share equivalents in the weighted average shares outstanding, as they would be anti-dilutive.

 

For the year ended December 31, 2025, 266,783 unvested RSUs were excluded from the calculation of diluted earnings per share because the Company reported a net loss and their inclusion would have been anti-dilutive.

 

For the year ended December 31, 2024, the Company had no potentially dilutive ordinary share equivalents outstanding, as all outstanding shares were held by its parent and no equity awards or other convertible instruments were issued.