Company: KCHVR
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109292
Chunk: 64

Company: Kochav Defense Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 64
---
 Class A and Class B 
  
    Diluted net income per Ordinary Share 

    Numerator: 

    Allocation of net income 
    $1,790,223  
    $633,823  
    $1,847,095  
    $1,353,392 
  
    Denominator: 

    Diluted weighted average Ordinary Shares outstanding 
     25,300,000  
     8,957,383  
     11,844,569  
     8,678,675 
  
    Diluted net income per Ordinary Share 
    $0.07  
    $0.07  
    $0.16  
    $0.16 

Recent
Accounting Pronouncements

In
November 2023, the FASB issued Accounting Standards Update (“ASU”) Topic 2023-07, “Segment Reporting (Topic 280): Improvements
to Reportable Segment Disclosures” (“ASU 2023-07”). The amendments in ASU 2023-07 require disclosures, on an annual
and interim basis, of significant segment expenses that are regularly provided to the chief operating decision maker (“CODM”),
as well as the aggregate amount of other segment items included in the reported measure of segment profit or loss. ASU 2023-07 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 are required to provide all annual
disclosures currently required by FASB ASC Topic 280, “Segment Reporting,” (“ASC 280”) in interim periods, and
entities with a single reportable segment are required to provide all the disclosures required by the amendments in ASU 2023-07 and existing
segment disclosures in ASC 280. ASU 2023-07 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. The Company adopted ASU 2023-07 on January 7, 2025 (inception).

12

KOCHAV
DEFENSE ACQUISITION CORP.

NOTES
TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

SEPTEMBER
30, 2025

Management
does not believe