v3.26.1
Segment Information
 3 Months Ended
Mar. 31, 2026
Segment Information [Abstract]  
SEGMENT INFORMATION

Note 8 — Segment Information

 

ASC Topic 280, “Segment Reporting,” establishes standards for companies to report, in their financial statements, information about operating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise that engage in business activities from which it may recognize revenues and incur expenses, and for which separate financial information is available that is regularly evaluated by the Company’s chief operating decision maker, or group, in deciding how to allocate resources and assess performance. The Company’s chief operating decision maker has been identified as the Chief Executive Officer, Chief Financial Officer and Chairman (“CODM”), who reviews the operating results for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that the Company only has one operating and reportable segment. The Company’s CODM does not review assets by segment in the evaluation and therefore assets by segment are not disclosed below.

 

The CODM assesses performance for the single segment and decides how to allocate resources based on net income or loss that also is reported on the unaudited condensed statement of operations as net income.

 

   For the
three months
ended
March 31,
2026		 
General and administrative expenses  $63,815 
Administrative services fee – related party   20,000 
Loss from operations   (83,815)
      
Other income:     
Interest income – Trust   627,232 
Interest income – Bank   4,544 
Total other income   631,776 
      
Net income  $547,961 

 

The key measures of segment profit or loss reviewed by the CODM is net income. Net income is directly affected by general and administrative expenses, administrative services fee and interest income on Trust Account and bank account. The CODM reviews interest earned on investments in Trust Account to measure and monitor shareholder value and determine the most effective strategy of investments with the Trust Account funds while maintaining compliance with the trust agreement. General and administrative expenses include legal expenses, auditing expenses, and regulatory filing fees, as reported on the unaudited condensed statement of operations, are the significant segment expenses provided to the CODM on a regular basis. Net income is reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete the IPO and eventually a Business Combination within the business combination period. The CODM also reviews net income to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. All other segment items included in net income or loss are reported on the unaudited condensed statement of operations and described within their respective disclosures.