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SEGMENT REPORTING
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SEGMENT REPORTING

NOTE 8 – SEGMENT REPORTING

 

The Company adopted ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, and applied the amendments retrospectively to all prior periods presented.

 

The Company operates as a single operating segment and one reporting unit. The Company’s Chief Executive Officer (CEO) serves as the Chief Operating Decision Maker (CODM). The CODM reviews financial information presented on a consolidated basis for purposes of allocating resources and evaluating financial performance. Specifically, the CODM utilizes total segment operating loss to monitor the Company’s ongoing cash burn rate and going-concern liquidity runway, determine the timing and magnitude of future financing needs, and assess the financial viability of potential business combination opportunities.

 

The segment information, including significant segment expenses, regularly provided to the CODM as follows:

 

Segment information      
   Six Months Ended
   June 30,  June 30,
   2026  2025
Total segment revenues  $–   $– 
Significant Segment Expenses:          
Professional fees   12,827    11,944 
Other general & administrative expense   1,793    4,458 
Other segment items   –    – 
Total segment operating loss  $(14,620)  $(16,402)

 

    June 30,
2026		    December 31,
2025		 
Total segment assets  $–   $– 

 

As the Company operates in a single reportable segment, the segment totals for revenues, expenses, profit (loss), and assets are identical to the corresponding amounts reported in the Company’s financial statements.