Company: OWLS
Filing Date: 2025-02-07
Form Type: DRS/A
Source: 0000950123-25-001222
Chunk: 145

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-02-07
Form: DRS/A
Chunk 145
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 US$35,467 for the nine months ended September 30,
2024, due to the capital injection during the nine months ended September 30, 2023, which led to a substantially higher cash balance, resulting in higher interest income for that period.

Foreign Currency Exchange Gains / Losses

Since we operate with multiple functional currencies, foreign exchange gains and losses on monetary items are disclosed in aggregate. For the
nine months ended September 30, 2023 and 2024, foreign exchange gain (loss) (including both realized and unrealized portions) amounted to US$(618,777) and US$(305,210), respectively. Our operations are primarily denominated in NTD, while the
Company’s consolidated financial statements are presented in U.S. dollars. The greater fluctuations in the NTD-to-U.S. dollar exchange rate during the nine months ended September 2023, compared to the same period in 2024, resulted in larger
foreign currency exchange losses in 2023.

Loss on Financial Liabilities at FVTPL

Our loss on financial liabilities at FVTPL increased from US$83,028 for the nine months ended September 2023 to US$259,418 for the nine months
ended September 2024, due to the conversion of financial liabilities associated with SAFE Agreements into Class A Common Shares in 2024. The loss was recognized based on the fair values of the SAFE Agreements, as determined by a third-party
valuation specialists.

Loss on Extension of Preference Share Liabilities

Our loss on extension of preference share liabilities decreased from US$26,209 for the nine months ended September 30, 2023 to nil for the nine
months ended September 30, 2024, due to the second extension of Subscription Agreement with National Development Fund Management Committee of the Executive Yuan in 2023, pursuant to which the present value of preference share liabilities was
recalculated and then the loss was recognized in 2023.

Other Losses

Other losses decreased from US$19,059 for the nine months ended September 30, 2023 to US$9,366 for the nine months ended September 30, 2024,
due to a loss from a one-time disposal of assets that occurred in 2023.

Other Income

Other income decreased from US$99,771 for the nine months ended September 30, 2023 to US$61,360 for the nine months ended September 30, 2024,
due