Segment Information |
12 Months Ended |
|---|---|
Dec. 31, 2024 | |
| Segment Information | |
| Segment Information | Note 9 – Segment Information
The Company follows ASC Topic 280, Segment Reporting, which requires disclosure of financial information about a company’s operating segments, products and services, geographic areas, and major customers. An operating segment is defined as a component of the business for which separate financial information is available and evaluated regularly by the Chief Operating Decision Maker (“CODM”) in assessing performance and allocating resources.
The Company’s CODM has been identified as the Chief Executive Officers, who collectively assess the financial results of the Company on a consolidated basis. As a result, management has concluded that the Company operates as a single operating segment.
In evaluating performance and making resource allocation decisions, the CODM reviews key metrics, including interest income earned on investments held in the Trust Account and the Company’s formation and operating costs. These amounts are included in the accompanying statements of operations.
Interest income from the Trust Account is reviewed by the CODM to monitor stockholder value and to determine an effective investment strategy, in line with the requirements of the trust agreement. Formation and operating costs are evaluated to manage the Company’s cash flow, ensure sufficient liquidity to complete a business combination within the required timeframe, and to confirm that spending remains within the parameters of contractual obligations and budgeted expectations. |