ECD Automotive Design(ECDA) - 2024 Q1 - Quarterly Report

Adopted Accounting Pronouncements In November 2023, the FASB issued ASU 2023-07, "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures," which will add required disclosures of significant expenses for each reportable segment, as well as certain other disclosures to help investors understand how the chief operating decision maker ("CODM") evaluates segment expenses and operating results. The new guidance requires public entities to disclose, on an annual and interim basis, significan ...