v3.25.4
Available-for-Sale Debt Securities
 9 Months Ended 12 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Cantor Equity Partners, Inc. [Member]    
Available-for-Sale Debt Securities [Line Items]    
Available-for-Sale Debt Securities

Note 6—Available-for-Sale Debt Securities

 

The following tables present the amortized cost, gross unrealized gains (losses), fair value and other information for the available-for-sale debt securities held in the Trust Account:

 

September 30, 2025  Amortized
Cost		   Gross Unrealized
Gains		   Gross Unrealized
Losses		   Fair Value 
U.S. government debt securities(1) (2)  $105,286,044   $33,801   $(18,771)  $105,301,074 

 

December 31, 2024  Amortized
Cost		   Gross Unrealized
Gains		   Gross Unrealized
Losses		   Fair Value 
U.S. government debt securities(1) (2)  $101,881,727   $177,761   $(83,125)  $101,976,363 

 

(1) Contractual maturities are one year or less.
(2) No debt securities were in an unrealized loss position.

 

The Company did not have any sales of its available-for-sale debt securities during the three and nine months ended September 30, 2025 and 2024.

Note 6 — Available-for-Sale Debt Securities

 

The following table presents the amortized cost, gross unrealized gains (losses), fair value and other information for the available-for-sale debt securities held in the Trust Account:

 

 

December 31, 2024

  Amortized
Cost		   Gross
Unrealized
Gains		   Gross
Unrealized
Losses		   Fair Value 
U.S. government debt securities(1)(2)  $101,881,727   $177,761   $(83,125)  $101,976,363 
(1)Contractual maturities are one year or less.

(2)No debt securities were in an unrealized loss position.

 

The Company did not have any sales of its available-for-sale debt securities during the year ended December 31, 2024.