Segment Information

9 Months Ended

Sep. 30, 2025

Note 8 — Segment Information

ASC Topic 280, “Segment Reporting,” establishes standards for companies to report in their financial statement information about operating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise 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 (“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 segment.

When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics, which includes formation and operating costs. The following table presents the significant segment expenses of the Company’s single segment.

										For the period from
	For the			For the			For the			March 27,
	Three Months Ended			Three Months Ended			Nine Months Ended			2024 (Inception) to
	September 30, 2025			September 30, 2024			September 30, 2025			September 30, 2024

Formation and operating costs	$	113,186		$	107,443		$	392,999		$	140,215
Stock compensation expense		-			-			155,904			31,905
Loss from operations		(113,186	)		(107,443	)		(548,903	)		(172,120	)

Interest and dividend income on investments held in Trust Account		795,474			-			1,043,808			-
Total other income		795,474			-			1,043,808			-

Net income (loss)	$	682,288		$	(107,443	)	$	494,905		$	(172,120	)

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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+ Details

ChampionsGate Acquisition Corp 10-Q