Company: FLDDW
Filing Date: 2025-04-01
Form Type: S-1
Source: 0001213900-25-026537
Chunk: 213

Company: Fold Holdings, Inc.
Filing Date: 2025-04-01
Form: S-1
Chunk 213
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 to allocate resources and assessing performance. During the years ended December 31, 2024 and 2023, all operations were within the United States. The CODM allocates resources and assesses performance based upon financial information at the entity-wide level. Since the CODM makes operating decisions and allocates resources on an entity-wide basis, Fold operates as one operating segment and one reportable segment. The primary financial measure used by the CODM to evaluate performance is operating income (loss) as shown on the statements of operations. Segment expenses and other segment items are provided to the CODM on the same basis as disclosed in the statements of operations. The CODM does not evaluate performance or allocate resources based on segment assets, and therefore such information is not presented in the notes to the financial statements. Fair value measurements We account for our financial assets and liabilities that are recognized and/or disclosed at fair value on a recurring basis in accordance with Accounting Standards Codification (“ASC”) 820, Fair Value Measurements and Disclosures. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required or permitted to be recorded at fair value, we consider the principal or most advantageous market in which we would transact, and we consider assumptions that market participants would use when pricing the asset or liability. ASC 820 establishes a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable and proscribes the following fair value hierarchy in determining fair values:

| ● | Level 1 - Quoted prices for identical assets or liabilities 
 in active markets.                                          |

| ● | Level 2 - Inputs other than quoted prices within Level 1                                                                                
 that are observable either directly or indirectly, including quoted prices in active markets for similar assets or liabilities, quoted  
 prices in markets with   insufficient volume or infrequent transactions (less active markets), or model-derived valuations in which     
 significant inputs are observable or can be derived principally from, or corroborated by, observable market data such as interest rates 
 or yield curves.                                                                                                                        |

| ● | Level 3 - Unobservable inputs reflecting our view about the                                              
 assumptions that market participants would use in measuring the fair value of the assets or liabilities. |

Cash and cash equivalents The Company consider all short-term, highly liquid investments with maturities from the purchase date of three months or less to be cash equivalents. Cash and cash equivalents