Company: TACOW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001829126-25-009131
Chunk: 15

Company: Berto Acquisition Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 15
---
 the calculation of diluted loss per share, since the exercise of the warrants is contingent upon the occurrence of future events
and the inclusion of such warrants would be anti-dilutive. Accretion associated with the redeemable Public Shares is excluded from
earnings per share as the redemption value approximates fair value.

    12

BERTO ACQUISITION CORP. NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS SEPTEMBER 30, 2025

The following table presents a
reconciliation of the numerator and denominator used to compute basic and diluted net loss per share for each class
of ordinary share  for the three and nine months ended September 30, 2025 and 2024:

    Schedule of basic and diluted net loss per share

    For The Three Months Ended

    For The Nine Months Ended

    September 30, 2025

    September 30, 2025

    Public Shares

    Founder Shares

    Public Shares

    Founder Shares

    Basic and diluted net income per ordinary
    share:

    Numerator:

    Allocation of net income
     
    $
    2,533,902

    $
    633,475

    $
    4,055,160

    $
    955,666

    Denominator:

    Basic weighted average ordinary shares outstanding

    30,015,000

    7,503,750

    30,015,000

    7,073,530

    Diluted weighted average ordinary shares outstanding

    30,015,000

    7,503,750

    30,015,000

    7,181,085

    Basic net income per
    ordinary  share
     
    $
    0.08

    $
    0.08

    $
    0.14

    $
    0.14

    Basic and diluted net income per ordinary share
     
    $
    0.08

    $
    0.08

    $
    0.14

    $
    0.13

Stock Compensation

The Company’s policy is to account for stock-based compensation expense in accordance with FASB ASC Topic 718, “Compensation-Stock Compensation” ​(“ASC 718”). Under ASC 718, stock-based compensation associated with equity awards is measured at fair value upon the grant date and recognized over the requisite service period.