Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 630

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 630
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 rights in undistributed earnings. The two -classmethod requires income (loss) available to the common stockholder for the period to be allocated between common and participating securities based upon their respective rights to shares in undistributed earnings as if all income (loss) for the period had been distributed. As of September 30, 2025, the Company has no other participating securities other than the two classes of common stock. Basic net loss per share is calculated by dividing the net loss attributable to the common stockholder by the weighted -averagenumber of common stock outstanding during the period, without consideration of potentially dilutive securities. Diluted net loss per share is computed by dividing the net loss attributable to common the stockholder by the weighted -averagenumber of common stock and potentially dilutive securities outstanding for the period. F-89 StablecoinX Inc. and Subsidiaries
Notes to Unaudited Condensed Consolidated Financial Statements
September 30, 2025 Note 2. Summary of Significant Accounting Policies (cont.) As of September 30, 2025, the Company has no securities that provided a potentially dilutive impact to the computation for the period presented. Recently Issued Accounting Pronouncements In September 2025, the FASB issued ASU 2025 -06, Targeted Improvements to the Accounting for Internal -Use Software. This ASU amends the existing standard to remove all references to prescriptive and sequential software development project stages. Under this guidance, eligible software development costs will begin capitalization when management has authorized and committed to funding the software project, and it is probable that the project will be completed and the software will be used to perform the function intended. This guidance is effective for the Company beginning on January 1, 2028, and early adoption is permitted, although the Company does not plan to early adopt. This guidance may be applied on a prospective basis, a modified basis for in -processprojects, or a retrospective basis. The Company is currently evaluating the impact of the adoption of this standard. In December 2023, the FASB issued ASU 2023 -09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures.This ASU enhances the transparency and decision usefulness of income tax disclosures. This guidance is effective for the Company beginning on January 1, 2026, and early adoption is permitted, although the Company does not plan to early adopt. Adoption will require enhancements to the Company’s income tax disclosures but is not expected to have