5.
LOSS PER SHARE
Basic
loss per share is computed by dividing loss available to common shareholders by the weighted-average number of ordinary shares outstanding
during the period. Diluted loss per share reflects the potential dilution that could occur, if securities or other contracts to issue
ordinary shares were exercised or converted into ordinary shares, or resulted in the issuance of ordinary shares that shared in the earnings
of the entity.
Components
of basic and diluted earnings per share were as follows for the six months ended June 30, 2026 and 2025:
SCHEDULE
OF COMPONENTS OF BASIC AND DILUTED EARNINGS PER SHARE
| | |
Six
Months Ended
June 30, 2026* | | |
Six
Months Ended
June 30, 2025* | |
| | |
| (Unaudited) | | |
| (Unaudited) | |
| Numerator: | |
| | | |
| | |
| Net (loss) | |
$ | (2,494,622 | ) | |
$ | (4,679,549 | ) |
| Denominator: | |
| | | |
| | |
| Weighted average outstanding ordinary shares-Basic* | |
| 2,532,138 | | |
| 715,992 | |
| -dilutive effect of convertible note | |
| - | | |
| - | |
| Weighted average outstanding ordinary shares- Diluted* | |
| 2,532,138 | | |
| 715,992 | |
| Earnings (loss) per share* | |
| | | |
| | |
| Basic | |
$ | (0.99 | ) | |
$ | (6.54 | ) |
| Diluted | |
$ | (0.99 | ) | |
$ | (6.54 | ) |
| * |
On
May 29, 2025, the Company implemented a one-for-thirty reverse stock split of the Company’s issued and outstanding ordinary
shares. The computation of basic and diluted EPS was retroactively adjusted for all periods presented. |
TAOPING
INC.
NOTES
TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
|