v3.25.4
Condensed Consolidated Statements of Changes in Stockholder’s Deficit (Unaudited) - USD ($)
Common Stock
Class A
Cantor Equity Partners, Inc.
Common Stock
Class B
Cantor Equity Partners, Inc.
Common Stock
Additional Paid in Capital
Cantor Equity Partners, Inc.
Additional Paid in Capital
Accumulated Deficit
Cantor Equity Partners, Inc.
Accumulated Deficit
Accumulated Other Comprehensive Income
Cantor Equity Partners, Inc.
Cantor Equity Partners, Inc.
Total
Balance at Dec. 31, 2022 $ 288 [1],[2]   $ 24,712   $ (67,175)   $ (42,175)  
Balance (in Shares) at Dec. 31, 2022 2,875,000 [1],[2]                
Other comprehensive income (loss)                  
Net income (loss)     (252,866)   (252,866)  
Balance at Dec. 31, 2023 $ 288 [1],[3]   24,712   (320,041)   (295,041)  
Balance (in Shares) at Dec. 31, 2023 2,875,000 [1],[3]                
Net income (loss)     (20,555)   (20,555)  
Balance at Mar. 31, 2024 $ 288   24,712   (340,596)   (315,596)  
Balance (in Shares) at Mar. 31, 2024 2,875,000                
Balance at Dec. 31, 2023 $ 288 [1],[3]   24,712   (320,041)   (295,041)  
Balance (in Shares) at Dec. 31, 2023 2,875,000 [1],[3]                
Other comprehensive income (loss)                 177,761  
Net income (loss)                 440,901  
Balance at Sep. 30, 2024 $ 30 $ 250     (1,570,394)   177,761 (1,392,353)  
Balance (in Shares) at Sep. 30, 2024 300,000 2,500,000                
Balance at Dec. 31, 2023 $ 288 [1],[3]   24,712   (320,041)   (295,041)  
Balance (in Shares) at Dec. 31, 2023 2,875,000 [1],[3]                
Accretion of redeemable Class A ordinary shares to redemption value   (3,024,720)   (2,862,620)   (5,887,340)  
Other comprehensive income (loss)       94,636 94,636  
Net income (loss)     1,537,791   1,537,791  
Sale of Class A ordinary shares to Sponsor in private placement $ 30   2,999,970     3,000,000  
Sale of Class A ordinary shares to Sponsor in private placement (in Shares) 300,000                  
Surrender of Class B ordinary shares by Sponsor at $0.0001 par value $ (38)   38      
Surrender of Class B ordinary shares by Sponsor at $0.0001 par value (in Shares)   (375,000)                
Balance at Dec. 31, 2024 $ 30 $ 250     (1,644,870)   94,636 (1,549,954)  
Balance (in Shares) at Dec. 31, 2024 300,000 2,500,000                
Balance at Mar. 31, 2024 $ 288   24,712   (340,596)   (315,596)  
Balance (in Shares) at Mar. 31, 2024 2,875,000                
Net income (loss)     (14,790)   (14,790)  
Balance at Jun. 30, 2024 $ 288   24,712   (355,386)   (330,386)  
Balance (in Shares) at Jun. 30, 2024 2,875,000                
Accretion of redeemable Class A ordinary shares to redemption value   (3,024,720)   (1,691,254)   (4,715,974)  
Other comprehensive income (loss)       177,761 177,761  
Net income (loss)     476,246   476,246  
Sale of Class A ordinary shares to Sponsor in private placement $ 30   2,999,970     3,000,000  
Sale of Class A ordinary shares to Sponsor in private placement (in Shares) 300,000                  
Surrender of Class B ordinary shares by Sponsor at $0.0001 par value $ (38)   38      
Surrender of Class B ordinary shares by Sponsor at $0.0001 par value (in Shares)   (375,000)                
Balance at Sep. 30, 2024 $ 30 $ 250     (1,570,394)   177,761 (1,392,353)  
Balance (in Shares) at Sep. 30, 2024 300,000 2,500,000                
Balance at Dec. 31, 2024 $ 30 $ 250     (1,644,870)   94,636 (1,549,954)  
Balance (in Shares) at Dec. 31, 2024 300,000 2,500,000                
Accretion of redeemable Class A ordinary shares to redemption value     (1,086,298)   (1,086,298)  
Other comprehensive income (loss)       (74,300) (74,300)  
Net income (loss)     717,494   717,494  
Balance at Mar. 31, 2025 $ 30 $ 250     (2,013,674)   20,336 (1,993,058)  
Balance (in Shares) at Mar. 31, 2025 300,000 2,500,000                
Balance at Dec. 31, 2024 $ 30 $ 250     (1,644,870)   94,636 (1,549,954)  
Balance (in Shares) at Dec. 31, 2024 300,000 2,500,000                
Other comprehensive income (loss)                 (79,606)  
Net income (loss)                 3,252,415  
Balance at Sep. 30, 2025 $ 30 $ 250   (1,717,262) $ (65,554) 15,030 (1,701,952) $ (65,554)
Balance (in Shares) at Sep. 30, 2025 300,000 2,500,000 1              
Balance at Mar. 06, 2025            
Balance (in Shares) at Mar. 06, 2025                  
Issuance of Class A common stock            
Issuance of Class A common stock (in Shares)     1              
Net income (loss)         (7,756)     (7,756)
Balance at Jun. 30, 2025 $ 30 $ 250 (2,638,993) (7,756) 12,934 (2,625,779) (7,756)
Balance (in Shares) at Jun. 30, 2025 300,000 2,500,000 1              
Balance at Mar. 06, 2025            
Balance (in Shares) at Mar. 06, 2025                  
Net income (loss)                   (65,554)
Balance at Sep. 30, 2025 $ 30 $ 250   (1,717,262) (65,554) 15,030 (1,701,952) (65,554)
Balance (in Shares) at Sep. 30, 2025 300,000 2,500,000 1              
Balance at Mar. 31, 2025 $ 30 $ 250     (2,013,674)   20,336 (1,993,058)  
Balance (in Shares) at Mar. 31, 2025 300,000 2,500,000                
Accretion of redeemable Class A ordinary shares to redemption value     (1,104,072)   (1,104,072)  
Other comprehensive income (loss)       (7,402) (7,402)  
Net income (loss)     478,753   478,753  
Balance at Jun. 30, 2025 $ 30 $ 250 (2,638,993) (7,756) 12,934 (2,625,779) (7,756)
Balance (in Shares) at Jun. 30, 2025 300,000 2,500,000 1              
Accretion of redeemable Class A ordinary shares to redemption value     (1,134,437)   (1,134,437)  
Other comprehensive income (loss)       2,096 2,096  
Net income (loss) 2,056,168 (57,798) 2,056,168 (57,798)
Balance at Sep. 30, 2025 $ 30 $ 250   $ (1,717,262) $ (65,554) $ 15,030 $ (1,701,952) $ (65,554)
Balance (in Shares) at Sep. 30, 2025 300,000 2,500,000 1              
[1] On August 14, 2024, 375,000 Class B ordinary shares were surrendered by the Sponsor for no consideration (See Note 7). The number of shares and the amount have been retroactively adjusted to reflect the recapitalization of the Company in the form of the cancellation of 3,593,750 Class B ordinary shares on February 21, 2024 (See Note 7).
[2] The number of shares and the amount have been retroactively adjusted to reflect the recapitalization of the Company in the form of the cancellation of 7,906,250 Class B ordinary shares in June 2023 (See Note 7).
[3] The number of shares and the amount have been retroactively adjusted to reflect the recapitalization of the Company in the form of the cancellation of 3,593,750 Class B ordinary shares on February 21, 2024 (See Note 7).