v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
Revenues $ 61 $ 0
Costs and expenses:    
Operation and maintenance 482 252
Research and development income, net (72) (36)
General and administrative expense 16,990 7,679
Operating lease expense 2,620 1,989
Depreciation and amortization 93 47
Operating loss (20,052) (9,931)
Other income (expense):    
Interest income 2,815 2,028
Interest expense (2,717) (1,227)
Other non-operating expense, net (11,876) (16)
Loss before income taxes (31,830) (9,146)
Net loss (31,830) (9,146)
Net loss per share information:    
Net loss (31,830) (9,146)
Less: Remeasurement of redeemable noncontrolling interest (3,434) 0
Net loss attributable to common shares, basic (35,264) (9,146)
Net loss attributable to common shares, diluted $ (35,264) $ (9,146)
Weighted average shares, basic (in shares) [1] 9,467 8,961
Weighted average shares, diluted (in shares) [1] 9,467 8,961
Net loss per share attributable to common stockholders, basic (in usd per share) [1] $ (3.72) $ (1.02)
Net loss per share attributable to common stockholders, diluted (in usd per share) [1] $ (3.72) $ (1.02)
[1] Shares for periods presented have been retroactively adjusted to reflect the 0.7194-for-1 reverse stock split effected on May 14, 2026 in connection with the Company’s IPO. See Note 2 – Significant Accounting Policies and Note 17 – Subsequent Events for details.