v3.25.4
Summary of Significant Accounting Policies (Tables) - Cantor Equity Partners, Inc. [Member]
9 Months Ended 12 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Summary of Significant Accounting Policies (Tables) [Line Items]    
Schedule of Class A Ordinary Shares Subject to Possible Redemption

As of September 30, 2025 and December 31, 2024, the Class A ordinary shares subject to possible redemption, as presented in the accompanying condensed consolidated balance sheets, are reconciled in the following table:

 

Gross proceeds  $100,000,000 
Less:     
Issuance costs allocated to Class A ordinary shares subject to possible redemption   (2,410,968)
Plus:     
Accretion of carrying value to redemption value   5,887,340 
Class A ordinary shares subject to possible redemption, December 31, 2024  $103,476,372 
Plus:     
Accretion of carrying value to redemption value   3,324,807 
Class A ordinary shares subject to possible redemption, September 30, 2025  $106,801,179 

As of December 31, 2024 and 2023, the Class A ordinary shares subject to possible redemption, as presented in the accompanying balance sheets, are reconciled in the following table:

 

Class A ordinary shares subject to possible redemption, December 31, 2023

  $
 
Gross proceeds   100,000,000 
Less:     
Issuance costs allocated to Class A ordinary shares   (2,410,968)
Plus:     
Accretion of carrying value to redemption value   5,887,340 
Class A ordinary shares subject to possible redemption, December 31, 2024  $103,476,372 
Schedule of Basic and Diluted Net Income (Loss) Per Ordinary Share

The following tables reflect the calculation of basic and diluted net income per ordinary share:

 

   For the Three Months Ended   For the Three Months Ended 
   September 30, 2025   September 30, 2024 
   Class A –
Public
shares
   Class A –
Private
placement
shares
   Class B –
Ordinary
shares
   Class A –
Public
shares
   Class A –
Private
placement
shares
   Class B –
Ordinary
shares
 
Basic and diluted net income per ordinary share                        
Numerator:                        
Allocation of net income  $1,606,382   $48,191   $401,595   $315,569   $9,467   $151,210 
Denominator:                              
Basic and diluted weighted average number of ordinary shares outstanding   10,000,000    300,000    2,500,000    5,217,391    156,522    2,500,000 
Basic and diluted net income per ordinary share  $0.16   $0.16   $0.16   $0.06   $0.06   $0.06 

 

   For the Nine Months Ended   For the Nine Months Ended 
   September 30, 2025   September 30, 2024 
   Class A –
Public
shares
   Class A –
Private
placement
shares
   Class B –
Ordinary
shares
   Class A –
Public
shares
   Class A –
Private
placement
shares
   Class B –
Ordinary
shares
 
Basic and diluted net income per ordinary share                        
Numerator:                        
Allocation of net income  $2,540,950   $76,228   $635,237   $179,441   $5,383   $256,077 
Denominator:                              
Basic and diluted weighted average number of ordinary shares outstanding   10,000,000    300,000    2,500,000    1,751,825    52,555    2,500,000 
Basic and diluted net income per ordinary share  $0.25   $0.25   $0.25   $0.10   $0.10   $0.10 

The following table reflects the calculation of basic and diluted net income (loss) per ordinary share:

 

   For the Year Ended
December 31, 2024
   For the Year Ended
December 31, 2023
 
   Class A –
Public
shares
   Class A –
Private
placement
shares
   Class B –
Ordinary
shares
   Class A –
Public
shares
   Class A –
Private
placement
shares
   Class B –
Ordinary
shares
 
Basic and diluted net income (loss) per ordinary share                        
Numerator:                        
Allocation of net income (loss)  $913,410   $27,402   $596,979   $
   $
   $(252,866)
Denominator:                              
Basic and diluted weighted average number of ordinary shares outstanding   3,825,137    114,754    2,500,000    
    
    2,500,000 
Basic and diluted net income (loss) per ordinary share  $0.24   $0.24   $0.24   $
   $
   $(0.10)