Company: GSRF
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-111032
Chunk: 74

Company: GSR IV Acquisition Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 74
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 well as the aggregate amount of other segment items included in the reported
measure of segment profit or loss. The ASU requires that a public entity disclose the title and position of the CODM and an explanation
of how the CODM uses the reported measure(s) of segment profit or loss in assessing segment performance and deciding how to allocate
resources. Public entities will be required to provide all annual disclosures currently required by Topic 280 in interim periods,
and entities with a single reportable segment are required to provide all the disclosures required by the amendments in this ASU and existing
segment disclosures in Topic 280. This ASU is effective for fiscal years beginning after December 15, 2023, and interim
periods within fiscal years beginning after December 15, 2024, with early adoption permitted. This standard was effective for
the Company for the year ended December 31, 2024 and did not have a material impact on the Company’s financial statements.

Management does not believe
that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s
financial statements.

Off-Balance Sheet Arrangements

As of September 30, 2025,
we did not have any off-balance sheet arrangements as defined in Item 303(a)(4)(ii) of Regulation S-K.

21

Item 3. Quantitative and Qualitative Disclosures
About Market Risk

We are a smaller reporting company as defined by Rule 12b-2 of the
Exchange Act and are not required to provide the information otherwise required under this item.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Under the supervision and with the participation
of our management, including our Co-Chief Executive Officers, we conducted an evaluation of the effectiveness, of our disclosure controls
and procedures as of September 30, 2025, as such term is defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act. Based on this
evaluation, our principal executive officers and principal financial and accounting officer have concluded that due to inadequate segregation
of duties within account processes and insufficient written policies and procedures for accounting, IT and financial reporting and record
keeping, during the period covered by this report, our disclosure controls and procedures were not effective at a reasonable assurance
level and, accordingly, provided reasonable assurance that the information required to be disclosed by us in reports filed under the Exchange
Act