Karman Holdings Inc's Business Segments

Karman Holdings Inc., formerly TCFIII Spaceco Holdings LLC (doing business as Karman Space and Defense), is a holding company whose sole asset is the capital stock of its wholly owned subsidiaries. The company converted from a Delaware limited liability company to a Delaware corporation to facilitate the public offering of its common stock, enabling investors to hold common stock rather than equity interests in an LLC. Operating in the space and defense industry, Karman Holdings Inc. prepares its financial statements in accordance with U.S. GAAP and audits them under PCAOB standards. The company reports both GAAP and non-GAAP financial measures, including EBITDA and Adjusted EBITDA, to provide supplemental information to investors and analysts. Industry and market data cited are sourced from independent third-party providers and internal estimates, though the company does not independently verify third-party information. Karman Holdings Inc. owns certain trademarks, service marks, trade names, and copyrights in the United States, which are proprietary to the company and its affiliates or licensors.

The company operates as a single operating segment. The Chief Executive Officer, acting as the chief operating decision maker (CODM), reviews financial information at a consolidated level. Performance evaluation and resource allocation are based on consolidated net income, with segment assets reported as total consolidated assets on the balance sheet. The segment's accounting policies align with those outlined in the summary of significant accounting policies. Capital expenditures are assessed and managed at the enterprise level.