Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 1119

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 10
Chunk 1119
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     (8,427,382)
  
    Net
    loss including accretion of equity into redemption value 
    $(1,833,961) 
    $(9,616,463)

Schedule of Income (Loss) Basic and Diluted Per Share

    For
                                            the year ended December
                                            31, 2024  
    For
                                            the year ended December
                                            31, 2023 

    Redeemable  
    Non-Redeemable  
    Redeemable  
    Non-Redeemable 
  
    Particulars 
    Shares  
    Shares  
    Shares  
    Shares 
  
    Basic and diluted net income/(loss) per share: 

    Numerators: 

    Allocation of net loss including
    accretion of temporary equity 
     (1,265,212) 
     (568,749) 
     (7,330,400) 
     (2,286,063)
  
    Income earned on Trust Account 
     2,782,552  
     —  
     3,130,199  
     — 
  
    Accretion of temporary
    equity to redemption value 
     550,000  
     —  
     8,427,382  
     — 
  
    Allocation of net income/(loss) 
     2,067,340  
     (568,749) 
     4,227,181  
     (2,286,063)

    Denominators: 

    Weighted-average shares outstanding 
     4,747,637  
     2,134,200  
     6,830,959  
     2,130,307 
  
    Basic and diluted net
    income/(loss) per share 
     0.44  
     (0.27) 
     0.62  
     (1.07)

     F-14 

Fair
Value of Financial Instruments

The
fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC 820, “Fair Value
Measurement,” approximates the carrying amounts represented in the accompanying balance sheets, primarily due to their short-term
nature.

Warrants

The
Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment