Quarterly report [Sections 13 or 15(d)]

ACQUISITION (Tables)

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ACQUISITION (Tables)
9 Months Ended
Sep. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
SCHEDULE OF PRELIMINARY ALLOCATION OF FAIR VALUE PURCHASE PRICE

The following is our preliminary allocation of the fair value of the purchase price as of April 11, 2025:

 

         
Current assets   $ 47  
Intangible assets     934  
Accrued liabilities     (65 )
Contingent liability     (600 )
Deferred tax liability     (256 )
Total net assets acquired     60  
Goodwill     5,165  
Total purchase price   $ 5,225  
SCHEDULE OF UNAUDITED PRO FORMA

The following tables present the unaudited pro forma combined results of operations of the Company and Lyvecom as though the acquisition occurred at the beginning of fiscal 2024 (in thousands, except per share amount and number of shares):

 

    2025     2024  
    Three Months Ended September 30,  
    2025     2024  
             
Pro forma revenues   $ 3,609     $ 240  
Pro forma net income (loss) attributable to common stockholders of Ton Strategy Company   $ 83,269     $ (2,788 )
Pro forma earnings per share – basic   $ 2.23     $ (3.12 )
Pro forma earnings per share – diluted   $ 2.23     $ (3.12 )
Pro forma weighted-average shares used in computing earnings per share – basic     37,262,322       894,918  
Pro forma weighted-average shares used in computing earnings per share – diluted     37,316,756       894,918  

 

 

    2025     2024  
    Nine Months Ended September 30,  
    2025     2024  
             
Pro forma revenues   $ 7,153     $ 443  
Pro forma net loss attributable to common stockholders of Ton Strategy Company   $ 78,132     $ (7,990 )
Pro forma earnings per share – basic   $ 5.82     $ (12.24 )
Pro forma earnings per share – diluted   $ 5.81     $ (12.24 )
                 
Pro forma weighted-average shares used in computing earnings per share – basic     13,420,212       653,064  
Pro forma weighted-average shares used in computing earnings per share – diluted     13,438,556       653,064