Company: APACU
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001829126-25-009045
Chunk: 27

Company: StoneBridge Acquisition II Corp
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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 Reporting, establishes standards for companies to report, in their unaudited condensed 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, 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 Financial Officer, who reviews the 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 statement of operations as net income or loss. The measure of segment assets is reported on the balance sheet 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

    For the three months ended September 30, 2025

    For the nine months ended September 30, 2025

    General and administrative expenses
     
    $
    46,434

    $
    58,434

    18

    For the three months ended September 30, 2024

    For the Period from June 19, 2024 (Inception) through September 30, 2024

    General and administrative expenses
     
    $
    5,589

    $
    5,589

The key measures of segment profit or loss reviewed
by the CODM are general and administrative expenses. General and administrative expenses are reviewed and monitored by the CODM to manage
and forecast cash to ensure enough capital is available to complete an Initial Public Offering and eventually a Business Combination within
the 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. All other segment items included in net income or loss are reported on the
statements of operations and described within their respective disclosures.

NOTE 9 — SUBSEQUENT EVENTS

The Company evaluated subsequent events and transactions that occurred after the unaudited condensed balance sheet date up to