Company: FTII
Filing Date: 2025-01-28
Form Type: 10-Q
Source: 0001493152-25-004006
Chunk: 64

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-01-28
Form: 10-Q
Item: Part I, Item 1
Chunk 64
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10

Note
2 - Summary of Significant Accounting Policies (Continued)

The
following table reflects the calculation of basic and diluted net income (loss) per share (in dollars, except per share amounts):

Schedule of Basic and Diluted Net Income (Loss) Per Common Share

    Three Months Ended  
    Three Months Ended 

    September 30, 2024  
    September 30, 2023 

    Redeemable  
    Non-redeemable  
    Redeemable  
    Non-redeemable 
  
    Basic and diluted net income (loss) per share of common stock Numerator: Interest 
    $287,584  
    $-  
    $1,232,507  
    $- 
  
    Less: Allocation of expenses 
     (163,413) 
     (247,298) 
     (406,478) 
     (164,803)
  
    Less: Accretion of carrying value to redemption value 
     (649,442) 
     -  
     -  
     - 
  
    Total 
    $(525,271) 
    $(247,298) 
    $826,029  
    $(164,803)
  
    Basic and diluted net income (loss) per share of common stock 
    $(0.23) 
    $(0.07) 
    $0.10  
    $(0.05)

    Nine Months Ended  
    Nine Months Ended 

    September 30, 2024  
    September 30, 2023 

    Redeemable  
    Non-redeemable  
    Redeemable  
    Non-redeemable 
  
    Basic and diluted net income (loss) per share of common stock Numerator: Interest 
    $1,107,012  
    $-  
    $3,989,390  
    $- 
  
    Less: Allocation of expenses 
     (513,195) 
     (631,822) 
     (1,263,723) 
     (420,768)
  
    Less: Accretion of carrying value to redemption value 
     (649,442) 
     -  
     -  
     - 
  
    Total 
    $(55,625) 
    $(631,822)