v3.26.1
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2025
Fair Value Measurements [Abstract]  
Schedule of Financial Assets Measured at Fair Value on Recurring Basis

The following table presents information about the Company’s financial assets that are measured at fair value on a recurring basis as of December 31,2025, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value. As of December 31,2024, the fair value of warrant liabilities was nil.

 

   December 31, 2025 
Description  Level 1   Level 2   Level 3 
Liabilities            
Warrant liability - Public Warrants  $11,323,046   $
   $
 
Warrant liability - Private Placement Warrants  $3,668,436   $
   $
 
Changes in Fair Value of Warrant Liabilities

The following table presents the changes in the fair value of warrant liabilities:

 

   Private
Placement
   Public   Warrant
Liabilities
 
Fair value as of August 28, 2025(Recognition of warrant liabilities assumed in the Business Combination)  $4,406,077   $9,340,070   $13,746,147 
Warrants exercised for common shares   (1,847,454)   (75,302)   (1,922,756)
Change in fair value of warrant liabilities   1,109,813    2,058,278    3,168,091 
Fair value as of December 31, 2025  $3,668,436   $11,323,046   $14,991,482