Company: FVN
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001829126-25-005949
Chunk: 18

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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loss) per redeemable share and earnings (loss) per non-redeemable share following the
two-class method of income per share. In order to determine the net income (loss) attributable to both the redeemable shares and non-redeemable
shares, the Company first considered the undistributed income (loss) allocable to both the redeemable shares and non-redeemable shares
and the undistributed income (loss) is calculated using the total net income (loss) less any dividends paid. The Company then allocated
the undistributed income (loss) ratably based on the weighted average number of shares outstanding between the redeemable and non-redeemable
shares. Any remeasurement of the accretion to redemption value of the shares subject to possible redemption was considered to be dividends
paid to the public shareholders. For the six months ended June 30, 2025 and for the period from January 30, 2024 (inception)
through June 30, 2024, and for the three months ended June 30, 2025 and 2024, the Company did not have any dilutive securities
and other contracts that could, potentially, be exercised or converted into common stock and then share in the earnings of the Company.
As a result, diluted income (loss) per share is the same as basic income (loss) per share for the period presented.

    12

FUTURE VISION II ACQUISITION CORP.

NOTES TO UNAUDITED
            CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

June 30, 2025

Earnings (loss) per share presented in the unaudited condensed statements of operations and comprehensive income (loss) is based on the following:

    Schedule of consolidated statements of operations

    For the
Three Months Ended

    For the Six Months Ended

    For the Period From  January 30, 2024  (Inception) Through

    June 30,
2025

    June 30,
2024

    June 30, 2025

    June 30, 2024

    (Unaudited)

    (Unaudited)

    (Unaudited)

    (Unaudited)

    Net income (loss)
     
    $
    551,900

    $
    (2,637
    )
     
    $
    1,006,200

    $
    (4,728