Company: PMVC
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075638
Chunk: 95

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 95
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 and 3 are recognized
at the end of the reporting period in which a change in valuation technique or methodology occurs. There were no transfers during the
six months ended June 30, 2025 or the year ended December 31, 2024.

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
(“CODM”) has been identified as the Chief Executive 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 loss that also is reported on the statements of operations as net 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 loss and total assets, which include the following:

    June 30, 2025  
    December 31,  2024 
  
    Cash and cash equivalents 
    $1,085,428  
    $1,113,786 

    Three Months Ended  
    Six Months Ended 

    June 30,  
    June 30, 

    2025  
    2024  
    2025  
    2024 

    General and administrative 
    $41,207  
    $42,920  
    $95,921  
    $97,697 
  
    Interest earned on money market account 
    $11,443  
    $14,396  
    $22,313  
    $27,595 

The CODM reviews interest earned on money market
account to measure and monitor stockholder value and determine the most effective strategy of investment.

 General and administrative costs are reviewed
and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a