v3.26.1
Mezzanine Equity and Stockholders’ Deficit (Tables)
3 Months Ended
Mar. 31, 2026
Mezzanine Equity and Stockholders’ Deficit [Abstract]  
Schedule of Conversion Redeemable Preferred Stock issuance of common stock following conversion of the redeemable convertible preferred stock:
Class of Legacy Merlin Redeemable Convertible Preferred Stock   Number of Shares Issued and Outstanding Before Closing     Exchange Ratio     Common Stock Issued After Conversion  
Series Seed redeemable convertible preferred stock     3,293,745       3.102       10,215,578  
Series A redeemable convertible preferred stock     7,493,114       3.102       23,239,955  
Series A-1 redeemable convertible preferred stock     928,217       3.102       2,878,873  
Series B redeemable convertible preferred stock     4,718,309       3.102       14,633,876  
Series B-1 redeemable convertible preferred stock     947,631       3.102       2,939,086  
Total     17,381,016               53,907,368