Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 721

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 7A
Chunk 721
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 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 ordinary shares subject to possible redemption was considered to be dividends paid to the public shareholders. As of December
31, 2024, the Company did not have any dilutive securities and other contracts that could, potentially, be exercised or converted into
ordinary shares 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.

The
net income (loss) per share presented in the statements of operations is based on the following:

 Schedule
of Net Income (Loss) Per Share 

    For
    the year ended December 31, 2024  
    For
    the year ended December 31, 2023 

    Net income 
    $1,498,591  
    $1,941,118 
  
    Income earned on Trust Account 
     (2,782,552) 
     (3,130,199)
  
    Accretion of carrying value to redemption
    value 
     (550,000) 
     (8,427,382)
  
    Net
    loss including accretion of equity into redemption value 
    $(1,833,961) 
    $(9,616,463)

Schedule of Income (Loss) Basic and Diluted Per Share

    For
                                            the year ended December
                                            31, 2024  
    For
                                            the year ended December
                                            31, 2023 

    Redeemable  
    Non-Redeemable  
    Redeemable  
    Non-Redeemable 
  
    Particulars 
    Shares  
    Shares  
    Shares  
    Shares 
  
    Basic and diluted net income/(loss) per share: 

    Numerators: 

    Allocation of net loss including
    accretion of temporary equity 
     (1,265,212) 
     (568,749) 
     (7,330,400) 
     (2,286,063)