Company: ATIIU
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001437749-25-025722
Chunk: 34

Company: Archimedes Tech SPAC Partners II Co.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 34
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 be identical to the Public Warrants underlying the Units being sold in the Initial Public Offering, subject to certain limited exceptions. 

   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 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 Executive 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: 

       June 30,    December 31,  
   2025    2024  
 Cash  $1,764,859  $— 
 Cash held in Trust Account  $234,944,821  $— 

       For The Three Months Ended June 30, 2025    For The Six Months Ended June 30, 2025    For the Period from June 7, 2024 (Inception)  Through June 30, 2024  
 General and administrative expenses  $130,358  $277,020  $42,700 
 Interest earned on cash held in Trust Account  $2,488,937  $3,794,821  $— 

   The CODM reviews interest earned on cash held in 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