Company: SISI
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010889
Chunk: 38

Company: SHINECO, INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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 statements of loss and
comprehensive loss.

Loss per Share

The Company computes loss per share (“EPS”)
in accordance with ASC 260, “Earnings per Share” (“ASC 260”). ASC 260 requires companies with complex capital
structures to present basic and diluted EPS. Basic EPS is measured as net loss divided by the weighted average common shares outstanding
for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential common shares (e.g.,
outstanding convertible securities, options, and warrants) as if they had been converted at the beginning of the periods presented, or
issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease
loss per share) are excluded from the calculation of diluted EPS. There is no anti-dilutive effect for the nine and three months ended
March 31, 2025 and 2024.

The following table presents a reconciliation of basic
and diluted loss per share for the nine and three months ended March 31, 2025 and 2024:

 SCHEDULE
OF RECONCILIATION OF BASIC AND DILUTED (LOSS) PER SHARE

    2025  
    2024  
    2025  
    2024 

    For the nine months ended  March 31,  
    For the three months ended  March 31, 

    2025  
    2024  
    2025  
    2024 
  
    Net loss from continuing operations attributable to Shineco 
    $(5,082,075) 
    $(8,063,476) 
    $(3,897,188) 
    $(1,346,876)
  
    Net income (loss) from discontinued operations attributable to Shineco 
     (13,683,804) 
     5,753,483  
     (11,221,509) 
     (2,001,870)
  
    Net loss attributable to Shineco 
     (18,765,879) 
     (2,309,993) 
     (15,118,697) 
     (3,348,746)

    Weighted average shares outstanding - basic and diluted* 
     6,048,079  
     204,157  
     15