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Segment Information
12 Months Ended
Dec. 31, 2024
Segment Information [Abstract]  
Segment Information

Note 7—Segment Information

 

The Company has not yet commenced operations, thus all activity for the years ended December 31, 2024 and 2023 relates to the Company’s formation and preparation for the Initial Public Offering. The Company has identified its Chairman and Chief Executive Officer as the chief operating decision maker (“CODM”). The Company consists of one reportable segment, because the resource allocation and assessment of performance of the entity’s business activities by the CODM are performed using the entity-wide operating results. The net loss is the measure of segment profit (loss) most consistent with U.S. GAAP that is regularly reviewed by the CODM to allocate resources and assess financial performance.

 

The Company does not have operating income and therefore, it does not have any operating revenues. The Company will not generate any operating revenues until after the completion of the Business Combination, at the earliest. The Company’s significant expenses were general and administrative expenses, which were approximately $84,000 and $3,000 for the years ended December 31, 2024 and 2023, respectively. Refer to the Company’s statements of operations for additional information.

 

As of December 31, 2024 and 2023, the Company had total assets of approximately $218,000 and $3,000, respectively. See the Company’s balance sheets for additional information.