NET INCOME (LOSS) PER SHARE OF COMMON STOCK

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

NET INCOME (LOSS) PER SHARE OF COMMON STOCK

NOTE－ 13 NET INCOME (LOSS) PER SHARE OF COMMON STOCK

Basic net (loss) income per share is computed using the weighted average number of shares of common stock outstanding during the periods. The dilutive effect of potential common stock outstanding is included in diluted net (loss) income per share of common stock. The following table sets forth the computation of basic and diluted net loss per share for the three and nine months ended September 30, 2023 and 2022:

	Three months ended September 30,
	2023			2022
Net loss for basic and diluted attributable to Vivic Corp-continuing operations.	$	(20,060	)	$	(51,674	)
Net income (loss) for basic and diluted attributable to Vivic Corp-discontinued operations.		1,859,207			(233,327	)
Weighted average common stock outstanding – Basic and Diluted		26,657,921			25,546,810
Net loss per share of common stock – basic and diluted-continuing operations		(0.001	)		(0.002	)
Net income (loss) per share of common stock – basic and diluted-discontinued operations	$	0.070		$	(0.009	)

	Nine months ended September 30,
	2023			2022
Net loss for basic and diluted attributable to Vivic Corp.-continuing operations	$	(208,341	)	$	(117,078	)
Net income (loss) for basic and diluted attributable to Vivic Corp-discontinued operations		1,746,302			(641,510	)
Weighted average common stock outstanding – Basic and Diluted		26,063,700			25,550,253
Net loss per share of common stock – basic and diluted-continuing operations		(0.008	)		(0.005	)
Net income (loss) per share of common stock – basic and diluted-discontinued operations	$	0.067		$	(0.025	)