Company: OWLS
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0000950123-25-000547
Chunk: 314

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-01-24
Form: DRS/A
Chunk 314
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 in respect of these items because it is not probable that future taxable profit will be available against which the deductible temporary differences can be utilized. As of December 31, 2023, the expiration period for aforementioned unused loss carryforwards for statutory tax were as follows:

| Jurisdiction  |     | Unused tax loss |            |     | Expiration Year        |
|:--------------|:----|:----------------|-----------:|:----|:-----------------------|
| Taiwan        |     | $               | 32,071,024 |     | 2024~2033              |
| Japan         |     |                 |    567,855 |     | 2024~2033              |
| Hong Kong     |     |                 |    213,839 |     | Indefinite Period      |
| United States |     |                 |  2,204,763 |     | 2036~Indefinite Period |

The trend of profitability of the Company was not fully stabilized as of December 31, 2023. The remaining $7,181,230 of the tax losses were not recognized as deferred tax assets as the recoverability was yet to be determined. F-36

OBOOK HOLDINGS INC. AND SUBSIDIARIES Notes to the Consolidated Financial Statements (Continued)

| (c) | Assessments by the tax authorities |

The Company’s major taxing jurisdiction is Taiwan. All Taiwan subsidiaries’ income tax returns have been examined and assessed by the Taiwan (R.O.C.) tax authorities through 2022. The income tax returns of Taiwanese entities are typically examined by the tax authorities and it is possible that a future examination will result in a positive or negative adjustment to the Company’s unrecognized tax benefits within the next 12 months; however, management is unable to estimate a range of the tax benefits or detriment as of December 31, 2023.

| NOTE 18. | Loss Per Share |

Basic and diluted loss per share is computed as follows:

| (i) | Loss attributable to common shareholders |

|                                          |     | 2023 |            |   |     | 2022 |            |   |
|:-----------------------------------------|:----|:-----|:-----------|:--|:----|:-----|:-----------|:--|
| Loss attributable to common shareholders |     | $    | (6,748,574 | ) |     |      | (9,057,030 | ) |

| (ii) |