Simple Agreements for Future Equity (SAFEs) (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2026

Dec. 31, 2025

Simple Agreements For Future Equity [Abstract]

Schedule of Fair Value of Simple Agreements For Future Equity [Table Text Block]

The fair value of the SAFEs issued during the period was determined based on the following significant unobservable inputs:


Financing scenario	10.0	%
Liquidity event scenario	90.0	%
Project term to projected financing date (in years)	0.42
Project term to projected liquidity event date (in years)	0.12
Discount rate	46.2	%
Risk-free rate (continuous)	3.7	%
Volatility	86.0%—100.0	%

The fair value of the SAFEs issued during the year was determined based on the following significant unobservable inputs:


Financing scenario		10.0% - 20%
Liquidity event scenario		80% - 90.0%
Project term to projected financing date (in years)		0.41 - 0.50
Project term to projected liquidity event date (in years)		0.16 - 0.34
Discount rate		43.3% - 45.0%
Risk-free rate (continuous)		3.6% - 3.9%
Volatility		98.0% - 104.0%

Schedule of Reconciliation of Liabilities Measured at Fair Value [Table Text Block]

The following table presents a reconciliation of the liabilities, measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the year ended March 31, 2026:


Balance at December 31, 2025	$	46,358,393
SAFEs issued during the period		1,585,000
Change in fair value during the period		(13,419,233	)

Balance at March 31, 2026	$	34,524,160

The following table presents a reconciliation of the liabilities, measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the year ended December 31, 2025:


Balance at December 31, 2024	$	566,404
SAFEs issued during the year		6,470,500
Change in fair value during the year		39,321,489
Balance at December 31, 2025	$	46,358,393