Company: ATMCW
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023265
Chunk: 16

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 8
Chunk 16
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    Allocation of net loss including accretion of temporary equity 
     (130,854) 
     (209,150) 
     (222,597) 
     (355,788) 
     (314,044) 
     (141,423) 
     (667,168) 
     (298,202)
  
    Income earned on trust account 
     162,689  
     —  
     464,060  
     —  
     675,837  
     —  
     1,463,005  
     — 
  
    Accretion of temporary equity to redemption value 
     50,000  
     —  
     104,979  
     —  
     165,000  
     —  
     330,000  
     — 
  
    Allocation of net income (loss) 
     81,835  
     (209,150) 
     346,442  
     (355,788) 
     526,793  
     (141,423) 
     1,125,837  
     (298,202)

    Denominators: 

    Weighted-average shares outstanding 
     1,335,250  
     2,134,200  
     1,335,250  
     2,134,200  
     4,739,226  
     2,134,200  
     4,774,843  
     2,134,200 
  
    Basic and diluted net income (loss) per share 
     0.06  
     (0.10) 
     0.26  
     (0.17) 
     0.11  
     (0.07) 
     0.24  
     (0.14)

    F-12

Fair
Value of Financial Instruments

The
fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC 820, “Fair Value
Measurement,” approximates the carrying amounts represented in the accompanying balance sheets, primarily due to their short-term
nature.

Warrants

The
Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s
specific