Company: SDAWW
Filing Date: 2025-02-04
Form Type: 6-K
Source: 0001213900-25-010076
Chunk: 24

Company: SunCar Technology Group Inc.
Filing Date: 2025-02-04
Form: 6-K
Chunk 24
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 recorded valuation allowances of $ and $ as of December 31,
2023 and September 30, 2024, respectively. Full valuation allowances have been provided where, based on all available evidence, management
determined that deferred tax assets are not more likely than not to be realizable in future tax years.

| 2025       |     | $ |  4,894 |
| 2026       |     |   |  5,203 |
| 2027       |     |   | 17,397 |
| 2028       |     |   | 14,291 |
| 2029       |     |   |  7,074 |
| Indefinite |     |   | 18,067 |
| Total      |     | $ | 66,926 |

13. NET LOSS PER SHARE

| Numerator:                                                                      |     | For the nine months ended 
 September 30,             
 2023                      |            |   |     | 2024 |            |   |
|:--------------------------------------------------------------------------------|:----|:--------------------------|-----------:|:--|:----|:-----|-----------:|:--|
| Net loss attributable to the Company’s ordinary shareholders                    |     | $                         |     (9,393 | ) |     | $    |    (64,747 | ) |
| Numerator for basic and diluted net loss per share calculation                  |     | $                         |     (9,393 | ) |     | $    |    (64,747 | ) |
| Denominator:                                                                    |     |                           |            |   |     |      |            |   |
| Weighted average number of ordinary shares                                      |     |                           | 82,672,779 |   |     |      | 95,221,846 |   |
| Net loss attributable to the Company’s ordinary shareholders per ordinary share |     |                           |            |   |     |      |            |   |
| —Basic and diluted                                                              |     | $                         |      (0.11 | ) |     | $    |      (0.68 | ) |

For the nine months ended September 30, 2023 and
2024, warrants were anti-dilutive and thus excluded from the calculation of diluted loss per share. The potential dilutive securities
that were not included in the calculation of dilutive loss per share in the nine months ended September 30, 2023 and 2024 were