Company: MVNC
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001683168-25-008388
Chunk: 78

Company: Marvion Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 78
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 of its common stock to certain consultants to settle their fees payable due and recognized at December 31, 2024.

As of September 30, 2025
and December 31, 2024, the Company had 340,389,151 and 308,958,835 shares of common stock issued and outstanding, respectively.

15.NET INCOME (LOSS) PER SHARE

The calculation of the basic
and diluted net income (loss) per share attributable to common stockholders of the Company is based on the following data (in dollars,
except share data):

    Schedule of basic and diluted net loss income per share 

    Three Months Ended September 30,  
    Nine Months Ended September 30, 

    2025  
    2024  
    2025  
    2024 
  
    Net income (loss) attributable to common stockholders 
    $5,098  
    $(414,947) 
    $119,876  
    $(300,458)

    Weighted average common shares outstanding – Basic and diluted 
     340,389,151  
     167,498,301  
     332,330,096  
     152,650,588 

    Net income (loss) per share – Basic and diluted # 
    $0.00  
    $(0.00) 
    $0.00  
    $(0.00)

    #
    For net income per share during the three and nine months ended September 30, 2025 and 2024, basic and diluted net income per share was less than $0.01.

16.INCOME TAX

For the nine months ended
September 30, 2025 and 2024, the local (“United States of America”) and foreign components of income (loss) before income
taxes were comprised of the following:

    Schedule of income (loss) before income tax 

    Nine Months Ended September 30, 

    2025  
    2024 

    Tax jurisdiction from: 

    - Local 
    $(231,711) 
    $(275,974)
  
    - Foreign, including 

    British Virgin Islands 
     –  
     (246,562) 
  
    Hong Kong 
     381,244  
     258,123 
  
    Income (loss) before income taxes 
    $149,533