v3.26.1
Condensed Statements of Cash Flows - USD ($)
3 Months Ended 6 Months Ended 8 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2024
Dec. 31, 2024
Dec. 31, 2025
Cash flows from operating activities          
Net income (loss) $ 13,367,096 $ (220,351) $ (593,556)   $ (71,774,579)
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation 1,945 178 297   6,411
Change in fair value of legal settlement liability (4,689,638) 0      
Noncash operating lease expense 20,996 3,350      
Change in fair value of Simple Agreements for Future Equity (13,419,233) 55,961 396,404   39,321,489
Expected loss on legal settlement     0   16,345,000
Amortization of operating lease right-of-use assets     0   52,825
Stock-based compensation 2,734,113 9,013 2,755   12,565,721
Changes in operating assets and liabilities:          
Prepaid expenses 252,269 (18,023) 0   (333,403)
Due from stockholder 0 (19,305) (24,614)   24,614
Operating lease right-of-use assets and liabilities (19,261) (42,935) 0   (84,202)
Other assets 6,006 0 0   (6,006)
Accounts payable 1,318,445 0 0   97,937
Accrued expenses (785,528) 21,501 70,725   (72,082)
Net cash used in operating activities (1,212,790) (210,611) (147,989)   (3,856,275)
Cash flows from financing activities          
Proceeds from Issuance of Simple Agreements for Future Equity 1,585,000 307,000 170,000   6,470,500
Proceeds from member contribution     250   0
Payment of deferred transaction costs     0   (835,173)
Net cash provided by financing activities 1,585,000 307,000 170,250   5,635,327
Cash flows from investing activities          
Purchases of property and equipment     (4,985)   (39,087)
Net cash used in investing activities     (4,985)   (39,087)
Net increase (decrease) in cash 372,210 96,389 17,276   1,739,965
Cash—beginning of period 1,757,241 17,276 0   17,276
Cash—end of period 2,129,451 113,665 17,276 $ 17,276 1,757,241
Supplemental non-cash disclosure:          
Right-of-use assets obtained in exchange for lease liabilities 0 68,914 0   134,432
Deferred transaction costs included in accounts payable 416,002 0 0   1,039,751
GIGCAPITAL7 CORP [Member]          
Cash flows from operating activities          
Net income (loss) 535,601 1,618,274   2,378,292 3,825,465
Adjustments to reconcile net loss to net cash used in operating activities:          
Change in fair value of warrant liability (342,148) 114,173   183,675 1,283,055
Interest and dividends earned on cash and marketable securities held in Trust Account (1,869,218) (2,103,979)   (3,188,704) (8,448,606)
Accretion of debt discount on convertible working capital loan—related party 15,225 0      
Change in fair value of derivative liability (14,743) 0      
Changes in operating assets and liabilities:          
Other assets 0 32,244   (85,984) 85,984
Accounts payable 162,908 36,263   25,439 145,336
Accrued expenses 499,283 (39,000)   39,000 84,464
Related party payable 1,685 (21,051)   34,048 (29,995)
Accrued legal services 831,744 0   0 1,818,095
Prepaid expenses and other current assets (3,007) (54,678)   (207,680) 56,336
Net cash used in operating activities (182,670) (417,754)   (821,914) (1,179,866)
Cash flows from financing activities          
Proceeds from issuance of convertible working capital loan 148,000 0      
Proceeds from sale of public units, net of underwriting discount paid       199,400,000 0
Proceeds from the sale of private placement warrants to Founder       58,060 0
Payment of offering costs       (644,918) (75,000)
Net cash provided by financing activities 148,000 0   202,166,142 (75,000)
Cash flows from investing activities          
Investment of cash in Trust Account       (200,000,000) 0
Net cash used in investing activities       (200,000,000) 0
Net increase (decrease) in cash (34,670) (417,754)   1,344,228 (1,254,866)
Cash—beginning of period 89,362 1,344,228   0 1,344,228
Cash—end of period 54,692 926,474 $ 1,344,228 1,344,228 89,362
Supplemental non-cash disclosure:          
Fair value of derivative liability at issuance of convertible working capital loan—related party 30,449 0   75,000 0
Accretion of Class A ordinary shares to redemption value $ 1,869,218 $ 2,103,979   22,757,853 8,448,606
Class B Ordinary Shares | GIGCAPITAL7 CORP [Member]          
Cash flows from financing activities          
Proceeds from issuance of convertible working capital loan       103,000 0
Proceeds from sale of Class B ordinary shares in a private placement       $ 3,250,000 $ 0