Company: OSRH
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076461
Chunk: 73

Company: OSR Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 2
Chunk 73
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 increased
by $1,634,368, or 25%, for the six months ended June 30, 2025. As discussed in the section titled “Selling, General and Administrative
Expenses,” this increase was primarily attributable to the consolidation of SG&A expenses beginning in the second quarter of
2025 following the completion of the Business Combination on February 14, 2025.

Other Income (Expense)

OSR Holdings’ other income (expense) consists of interest income,
interest expense, foreign exchange-related gains and losses, and other non-operating items.

For the three months ended June 30, 2025, the Company recorded net other
income of $3,979, representing an increase of $44,986 compared to net other expense of $41,007 for the same period in the prior year.
This increase was primarily attributable to the consolidation of OSR Holdings Inc. (formerly Bellevue Life Sciences Acquisition Corp.)
beginning in the second quarter of 2025, following the completion of the business combination on February 14, 2025.

For the six months ended June 30, 2025, net other expenses increased significantly
by $8,377,168, from $93,841 in the prior-year period to $8,471,009. This substantial increase was primarily driven by the one-time recognition
of approximately $8.5 million in merger-related expenses incurred in connection with the business combination that closed on February
14, 2025. 

Loss Before Income Taxes

For the three months ended June 30, 2025, OSR Holdings’ loss before
income taxes increased by $1,974,083, or 61%, compared to the same period in the prior year. As previously discussed, the increase was
primarily attributable to the consolidation of OSR Holdings Inc. (formerly Bellevue Life Sciences Acquisition Corp.) beginning in the
second quarter of 2025 following the completion of the business combination on February 14, 2025.

For the six months ended June 30, 2025, loss before income taxes increased
by $10,011,536, or 152%, compared to the same period in the prior year, primarily due to the one-time recognition of approximately $8.5
million in merger-related expenses incurred in connection with the business combination that closed on February 14, 2025.

Liquidity and Capital Resources

Since its inception through June 30, 2025, OSR