Company: FTII
Filing Date: 2025-08-22
Form Type: 10-Q
Source: 0001641172-25-025250
Chunk: 93

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-08-22
Form: 10-Q
Item: Item 2
Chunk 93
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72,477  
    $        -  
    $283,084  
    $- 
  
    Less: Allocation of expenses 
     (27,837) 
     (125,288) 
     (130,321) 
     (197,220)
  
    Less: Accretion of carrying value to redemption value 
     (190,501) 
     -  
     (649,442) 
     - 
  
    Total 
    $(145,861) 
    $(125,288) 
    $(496,679) 
    $(197,220)
  
    Basic and diluted net income (loss) per share of common stock 
    $(0.19) 
    $(0.04) 
    $(0.21) 
    $(0.06)

    Six Months Ended  
    Six Months Ended 

    June 30, 2025  
    June 30, 2024 

    Redeemable  
    Non-redeemable  
    Redeemable  
    Non-redeemable 
  
    Basic and diluted net income (loss) per share of common stock Numerator: Interest 
    $272,304  
    $-  
    $819,427  
    $- 
  
    Less: Allocation of expenses 
     (116,825) 
     (525,799) 
     (344,475) 
     (389,814)
  
    Less: Accretion of carrying value to redemption value 
     (190,501) 
     -  
     (649,442) 
     - 
  
    Total 
    $(35,022) 
    $(525,799) 
    $(174,490) 
    $(389,814)
  
    Basic and diluted net income (loss) per share of common stock 
    $(0.04) 
    $(0.15) 
    $(0.06) 
    $(0.11)

Recent
Accounting Standards

In
November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which requires
public entities to disclose significant segment expenses and other segment items on an interim and annual basis and provide in interim
periods all disclosures about a reportable segment’s profit or loss and assets that