NET INCOME (LOSS) PER SHARE OF COMMON STOCK

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

NET INCOME (LOSS) PER SHARE OF COMMON STOCK

NOTE– 11 NET INCOME (LOSS) PER SHARE OF COMMON STOCK

Basic net income (loss) 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 months ended March 31, 2024 and 2023:

	Three Months ended March 31,
	2024		2023
Net income (loss) for basic and diluted attributable to Vivic Corp - continuing operations	$	610,165	$	(105,542	)
Net income (loss) for basic and diluted attributable to Vivic Corp – discontinued operations		-		(226,682	)
Weighted average common stock outstanding – Basic		26,657,921		25,546,810
Weighted average common stock outstanding – Diluted		27,489,921		25,546,810
Net income (loss) per share of common stock – basic, continuing operations		0.02		(0.00	)
Net income (loss) per share of common stock – diluted, continuing operations		0.02		(0.00	)
Net income (loss) per share of common stock – basic and diluted, discontinued operations	$	-	$	(0.01	)