Company: MRT
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001213900-25-036882
Chunk: 211

Company: Marti Technologies, Inc.
Filing Date: 2025-04-29
Form: 20-F
Item: Item 19
Chunk 211
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14,582,583  
  Net loss per share                                                                                                                                                                        
  Weighted average shares used to compute basic and diluted net loss per share                          58,966,238                          50,578,134                          44,110,188  
  Net loss per common share – basic and diluted                                                             ( 1.25                              ( 0.67                              ( 0.32  

The accompanying notes form an integral
part of these consolidated financial statements.

F-5

MARTI TECHNOLOGIES, INC. AND ITS SUBSIDIARIES

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

FOR THE PERIOD JANUARY
1 - DECEMBER 31

(Amounts expressed in US$ unless otherwise stated.)

                                                                                                                                                          Accumulated                                               
                                                                                                                                                          other Comprehensive                                       
                                                                                                                                                          Loss                                                      
  January 1, 2022                                                                                             44,100,200      4,409       52,673,000      ( 7,221,294              ( 24,936,747         20,519,368  
  Net loss                                                                                                    --              --                  --      --                       ( 14,245,878       ( 14,245,878  
  Share-based compensation                                                                                    --              --           1,657,709      --                       --                    1,657,709  
  Exercise of share-based awards                                                                              19,974          2                5,172      --                       --                        5,174  
  Foreign currency translation adjustment                                                                     --              --                  --      ( 336,705                --                    ( 336,705  
  December 31, 2022                                                                                           44,120,174      4,411       54,335,881      ( 7,557,999              ( 39,182,625          7,599,668  
  January 1, 2023                                                                                             44,120,174      4,411       54,335,881      ( 7,557,999              ( 39,182,625          7,599,668  
  Net loss                                                                                                    --              --                  --      --                       ( 33,814,719       ( 33,814,719  
  Share-based awards                                                                                          --              --           1,983,760      --                       --                    1,983,760  
  Exercise of share-based awards                                                                              89,482          9                8