Mobile Infrastructure Corp New Standards Disclosure
Recently Issued Accounting Standards
The following table provides a brief description of recent accounting pronouncements that could have a material effect on our consolidated financial statements:
| Standard | Description | Planned Date of Adoption | Effect on Financial Statements or Other Significant Matters |
| ASU 2023-09—Income Taxes (TOPIC 740): Improvements to Income Tax Disclosures | The amendments require additional categories within the tax rate reconciliation and provide additional information on reconciling items that are 5% or more. | December 31, 2025 | We adopted this standard on December 31, 2025. Refer to Footnote 13 - Income Taxes. |
| ASU 2024-03—Income Statement: Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40) | This amendment requires disaggregation of certain expense captions into specified categories in disclosures within the footnotes to the financial statements for public business entities. | December 31, 2027 | We are currently evaluating the impact the adoption of this standard will have on our disclosures. |
| ASU 2025-12—Codification Improvements | This amendment includes various codification improvements and updates, including clarifications on calculating earnings per share when a loss from continuing operations exists. | December 31, 2026 | We are currently evaluating the impact the adoption of this standard will have on our disclosures. |
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 5, 2026 | Showing above |
| 2024 | Mar 11, 2025 | |
| 2023 | Mar 22, 2024 | |
| 2022 | Apr 7, 2023 | |
| 2021 | Mar 30, 2022 | |
About New Standards Disclosures
New accounting standards disclosures describe recently adopted pronouncements and those not yet effective, along with management's assessment of their expected impact. This section provides an early warning system for upcoming changes to how a company reports its financial results, often years before the new rules take effect.
Key signals: when management describes a not-yet-adopted standard's impact as "material" or "still being evaluated," it signals potential significant changes to reported metrics upon adoption. Watch for standards that affect a company's core operations — for example, revenue recognition changes for software companies or lease accounting changes for retailers with large store footprints. The transition method chosen (full retrospective versus modified retrospective) affects comparability with prior periods. Companies that delay adoption to the latest permitted date may be struggling with implementation complexity. Compare the disclosed impact assessments against peers in the same industry to gauge whether management's expectations are reasonable.