Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 183

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 183
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.00 | ) |
| TOTAL                                               |     | $                 |  (37 | ) |     | $ |    489 |   |     |   | (526     | ) |     |   | (107.57 | ) |

Investment loss decreased by US$0.5 million,
or 107.57%, for the nine months ended September 30, 2024, as compared to the investment income for the nine months ended September 30,
2023, mainly because of the decrease in realized gain in marketable equity securities of US$1.5 million, decrease in dividend income of
US$1.4 million, and offset by the decrease in unrealized loss in non-marketable equity securities of US$2.4 million. The decrease in realized
gain in marketable equity securities and dividend income was mainly due to the disposal of long-term investments.

Change in Fair Value of Warrant Liabilities

We classified the SPAC Private Warrants, Warrant
– Class A, and Common Warrants as liabilities at their fair value and adjust them to fair value at each reporting period. These
warrant liabilities are subject to re-measurement of each balance sheet date until exercised. For the nine months ended September 30,
2024 and 2023, we recognized the change in fair value in aggregate of $(4.3) million and $0.003 million, respectively in our condensed
consolidated statements of operations and comprehensive loss.

Rental Income

Rental income was earned from the leasing of our
owned office premises. For the nine months ended September 30, 2024, the rental income decreased by US$0.2 million, or 93.55%, as compared
to the nine months ended September 30, 2023 was resulted from the sale of one of the office premises in 2023.

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Income Tax Expense

Income tax expense increased by US$0.04 million
for the nine months ended September 30, 2024, as compared to the nine months ended September 30, 2023, primarily attributable to the provision
of income tax during the period.

Net Loss

Net loss decreased by US$6.7 million, or
18.92% for the nine months ended September 30, 2024, as compared to nine months ended September 30, 2024, primarily due to the decrease
in operating expenses of US$34.2 million