Pioneer Acquisition I Corp Segments Disclosure

NOTE 5. 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 (“CODM”), or group, in deciding how to allocate resources and assess performance.

 

The Company’s CODM has been identified as the Chief Financial Officer, 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 reportable segment.

 

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 statements of operations as net income or loss. The measure of segment assets is reported on the balance sheets as total assets. When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income or loss and total assets, which include the following:

 

Schedule of segment information
		December 31, 2025				December 31, 2024
Cash and cash equivalents		$	764,902			$	25,092
Investments held in Trust Account			258,327,825				-
Prepaid insurance			128,390				-
Deferred offering costs			-				170,797
Total Assets		$	259,221,117			$	195,889

 

		Year ended December 31, 2025				Period from Aug 28, 2024 (inception) to December 31, 2024
General and administrative expenses		$	(559,974	)		$	(55,240	)
Other income			14,429				92
Interest earned on investments held in Trust Account			5,327,825				-
Net income		$	4,782,280			$	(55,148	)

 

The CODM reviews the position of total assets available with the company to assess if the Company has sufficient resources available to discharge its liabilities. The CODM is provided with details of cash and liquid resources available with the Company. Additionally, the CODM regularly reviews the status of costs incurred to assess if these are in line with the planned use of proceeds raised from the public offering.

 

The CODM regularly reviews significant segment expenses, which are general and administrative segment expenses, which are to assess the Company’s performance and guide operational decisions. These expenses primarily consist of legal and professional fees, accounting and audit costs, insurance premiums, and dues and subscription charges. They represent the key cost drivers of the Company’s operations and are integral to the internal evaluation of financial results.