Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 179

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 179
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   |     |   |  36.02 |   |
| TOTAL                                 |     | $                 | 18,364 |     | $ | 22,672 |     |   |   (4,308 | ) |     |   | (19.00 | ) |

Personnel and benefit cost decreased by US$4.3
million for the nine months ended September 30, 2024, as compared to the nine months ended September 30, 2023. The decrease was primarily
due to the decrease in headcounts in both Platform Business and Distribution Business.

Share-based compensation for employees increased
by US$1.4 million for the nine months ended September 30, 2024, as compared to the nine months ended September 30, 2023. The increase
was primarily due to the issuance of common stocks to our independent directors under the 2024 Equity Incentive Plan and issuance of common
stocks to our officers and employees to compensate for their contributions of services and performance, offset by the decrease in the
amortization of the fair value of the restricted share units due to the vested and forfeited shares in 2024. The fair value of the restricted
share units is recognized over the period based on the derived service period (usually the vesting period), on a straight-line basis.

Legal and Professional Fees

|                                            |     | Nine months ended 
 September 30,     |  2024 |     |   |   2023 |     |   | Variance |   |     |   |        |   |
|:-------------------------------------------|:----|:------------------|------:|:----|:--|-------:|:----|:--|---------:|:--|:----|:--|-------:|:--|
|                                            |     | -US$ in thousands |       |     |   |        |     | $ |          |   |     | % |        |   |
| Legal and professional fees                |     | $                 | 3,612 |     | $ |  4,396 |     |   |     (784 | ) |     |   | (17.83 | ) |
| Legal and professional fees, related party |     |                   |   750 |     |   |     78 |     |   |      672 |   |     |   | 861.54 |   |
| Consulting fees (share-based related)