Company: CDAQF
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021994
Chunk: 121

Company: Compass Digital Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 121
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 assets, operating results, and financial metrics
for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management
has determined that there is only 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 condensed statements of operations as net income or loss. The measure of segment assets is reported on the condensed 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 ASSETS

    September 30, 2025  
    December 31, 2024 
  
    Cash 
    $721  
    $27,720 
  
    Cash held in Trust Account 
    $1,283,558  
    $27,637,300 

    For the Three Months Ended September 30, 2025  
    For the Three Months Ended September 30, 2024 
  
    General and administrative expenses 
    $162,547  
    $837,885 
  
    Interest earned on cash held in Trust Account 
    $11,298  
    $389,048 

    For the Nine Months Ended September 30, 2025  
    For the Nine Months Ended September 30, 2024 
  
    General and administrative expenses 
    $720,009  
    $1,561,687 
  
    Interest earned on cash held in Trust Account 
    $334,873  
    $1,660,199 

The
CODM reviews interest earned on the Trust Account to measure and monitor shareholder value and determine the most effective strategy
of investment with the Trust Account funds while maintaining compliance with the Trust Agreement.

General
and administrative expenses are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available
to complete a business combination or similar transaction within the business combination period. The CODM also reviews general and administrative
expenses to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. General
and administrative expenses, as reported on the condensed statements of operations, are the significant segment expenses provided to
the CODM on a regular basis.

All
other segment items included in net income or loss are reported on the condensed