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Losses per share (Tables)

3 Months Ended

Dec. 31, 2023

The following table sets forth the computation of basic and diluted losses per share for the periods presented:

Schedule of Losses per share

	2023			2022
	For the three months ended December 31, (unaudited)
	2023			2022
Numerator:
Net loss attributable to INNO HOLDINGS INC.	$	(801,518	)	$	(841,005	)
Denominator:
Weighted-average shares used in computing basic and diluted losses per share*		18,604,987			17,988,634
Losses per share of ordinary shares: – basic and diluted	$	(0.04	)	$	(0.05	)

On January 21, 2022, the sole owner of the Company and Inno Metal Studs Corp. (“IMSC”), Mr. Dekui Liu, entered into an agreement to sell 100% of his ownership in IMSC for 15,170,000 shares of the Company’s common stock (the “Transaction”). Under ASC 805-40 and ASC 805-50, the Transaction was considered as a reverse acquisition between entities under common control. Accordingly, the outstanding shares of common stock upon completion of the Transaction was presented retroactively as outstanding for all reporting periods.

On November 30, 2022, the Company implemented a 2-for-1 forward split of the issued and outstanding shares of Common Stock of the Company. Further on July 24, 2023, the Company effected a reverse stock split (the “Reverse Stock Split”) of the Company’s issued and outstanding shares of the common stock at a split ratio of 1-for-2 such that every holder of common stock of the Company shall receive one share of common stock for every two shares of common stock held and to reduce the number of authorized shares of common stock from 200,000,000 to 100,000,000. The computation of basic and diluted EPS was retroactively adjusted for all periods presented.