Company: OSRH
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076461
Chunk: 35

Company: OSR Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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,348,471  
    $6,984,758 

23

(21)
Income taxes

In assessing the reliability of deferred
tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized.
The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which
those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future
taxable income, and tax planning strategies in making this assessment. Based upon these considerations as of June 30, 2025 and December
31, 2024, the Company had a full valuation allowance for the net deferred tax assets on one of its Asian subsidiaries and certain of
its European subsidiaries. Also, as of June 30, 2025 and December 31, 2024, the Company had a partial valuation allowance offsetting
certain deferred tax assets of another one of its Asian subsidiaries. Management believes that it is more likely than not that the Company
will realize the benefits of the remaining deductible differences, net of valuation allowances, at June 30, 2025 and December 31, 2024.

The Company did not have any material
uncertain tax positions, which should be recognized in the condensed consolidated financial statements as of June 30, 2025. In addition,
the Company did not have any unrecognized tax benefits, which, if recognized, would affect the effective tax rate for the nine months
then ended.

(22)
Loss per share

Basic loss per share for the six months
ended June 30, 2025 and 2024 are calculated as follows:

    (The United States Dollar in unit and number of shares) 
    For the six months ended 
    June 30 

    2025  
    2024 
  
    Net loss (A) 
    $(11,061,400) 
    $(5,632,853)
  
    Weighted average number of ordinary shares outstanding (B) 
     15,155,407  
     5,622,954 
  
    Basic loss per ordinary share (A/B) 
    $(0.73) 
    $(1.00)

Weighted average number of ordinary
shares outstanding for the six months ended June 30, 2025 and 2024 are calculated as follows:

    (Number of shares) 
    For the six months ended 
    June