Company: FSTWF
Filing Date: 2025-07-22
Form Type: F-1/A
Source: 0001213900-25-066660
Chunk: 185

Company: FST Corp.
Filing Date: 2025-07-22
Form: F-1/A
Chunk 185
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 dividing net loss attributable to ordinary shareholders by the weighted average number of ordinary shares outstanding for the period. Diluted earnings per share is calculated by dividing net loss attributable to ordinary shareholders as adjusted for the effect of dilutive ordinary equivalent shares, if any, by the weighted average number of ordinary and dilutive ordinary equivalent shares outstanding during the period. Potentially dilutive shares are excluded from the computation if their effect is anti-dilutive.

(y)Segment reporting

Operating segments are defined as components of an entity for which separate financial information is available and that is regularly reviewed by the Chief Operating Decision Maker (“CODM”) in deciding how to allocate resources to an individual segment and in assessing performance. The Group’s Chief Executive Officer is the Group’s CODM. The CODM reviews financial information presented on a consolidated basis for purposes of making

F-19

FST Corp.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(In U.S. dollars, except for share and per share data, or otherwise noted) 2.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.)

operating decisions, allocating resources, and evaluating financial performance. As such, the Group has determined that it operates as operating segment. The Group has concluded that consolidated net income (loss) is the measure of segment profitability. The CODM assesses performance for the Group, monitors budget versus actual results, and determines how to allocate resources based on consolidated net income (loss) as reported in the consolidated statements of operations. There is no other expense categories regularly provided to the CODM that are not already included in the primary financial statements herein.

The Group’s long-lived assets are substantially located in the Taiwan and United States.

|        |     | December 31, |       2024 |     |   |       2023 |
|:-------|:----|:-------------|-----------:|:----|:--|-----------:|
| Taiwan |     | $            | 18,535,163 |     | $ | 18,666,589 |
| US     |     |              |  9,170,946 |     |   | 10,634,130 |
| Japan  |     |              |  2,375,236 |     |   |  1,164,640 |
| Total  |     | $            | 30,081,345 |     | $ | 30,465,359 |

(z)Commitments and contingencies

Liabilities for loss conting