Company: NOEMW
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001213900-25-075048
Chunk: 17

Company: CO2 Energy Transition Corp.
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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 per share is the same as basic net income (loss) per share for the three and six months ended June 30, 2025 and 2024. Accretion
associated with the redeemable Class A common stock is excluded from earnings per share as the redemption value approximates fair value.

12

CO2 ENERGY TRANSITION CORP.

NOTES TO CONDENSED FINANCIAL STATEMENTS

JUNE 30, 2025

(Unaudited) 

The following table reflects
the calculation of basic and diluted net income (loss) per common stock share:

    For the Three Months Ended June 30, 

    2025  
    2024 

    Redeemable  
    Non-redeemable  
    Redeemable  
    Non-redeemable 
  
    Basic net income (loss) per common stock share 

    Numerator: 

    Allocation of net income (loss) 
    $301,526  
    $117,366  
    $     —  
    $(20,055)
  
    Denominator: 

    Basic weighted average common stock outstanding 
     6,900,000  
     2,685,750  
     —  
     2,000,000 
  
    Basic and diluted net income (loss) per common stock share 
    $0.04  
    $0.04  
    $—  
    $(0.01)

    For the Six Months Ended June 30, 

    2025  
    2024 

    Redeemable  
    Non-redeemable  
    Redeemable  
    Non-redeemable 
  
    Basic net income (loss) per common stock share 

    Numerator: 

    Allocation of net income (loss) 
    $594,061  
    $231,232  
    $      —  
    $(40,453)
  
    Denominator: 

    Basic weighted average common stock outstanding 
     6,900,000  
     2,685,750  
     —  
     2,000,000 
  
    Basic and diluted net income (loss) per common stock share 
    $0.09  
    $0.09  
    $—  
    $(0