v3.26.1
SEGMENT INFORMATION (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
SEGMENT INFORMATION    
Schedule of segment information

Three Months Ended March 31,

2026

2025

Operating expenses

  ​ ​ ​

  ​ ​ ​

Reimbursement from JDAs and others

$

3,410

$

34

Payroll expense

(5,860)

(8,133)

Occupancy expense

 

(859)

 

(1,497)

Professional service expense

 

(916)

 

(606)

Research and development expense

 

(933)

 

(537)

Depreciation expense

 

(882)

 

(1,984)

Other operating expense

 

(451)

 

(399)

Loss from operations

$

(6,491)

$

(13,122)

Total other income (expense), net

 

(2,084)

 

252

Net loss

$

(8,575)

$

(12,870)

  ​ ​ ​

Year Ended December 31,

  ​ ​ ​

2025

  ​ ​ ​

2024

Operating expenses

  ​

 

  ​

Reimbursement from JDAs and others

$

1,686

$

3,570

Payroll expense

 

(26,375)

 

(35,638)

Occupancy expense

 

(6,292)

 

(7,124)

Professional service expense

 

(4,146)

 

(3,671)

Research and development expense

 

(3,646)

 

(2,990)

Depreciation expense

 

(6,067)

 

(8,302)

Loss on impairment and lease termination

 

(17,063)

 

Other operating expense

 

(1,685)

 

(2,365)

Loss from operations

$

(63,588)

$

(56,520)

Total other income (expense), net

 

(10,257)

 

2,176

Net loss

$

(73,845)

$

(54,344)

Cartesian Growth Corporation III    
SEGMENT INFORMATION    
Schedule of segment information

  ​ ​ ​

March 31, 2026

  ​ ​ ​

December 31, 2025

Cash

$

396,210

$

624,163

Investments held in Trust Account

$

285,868,994

$

283,377,276

For the Three Months Ended March 31, 

  ​ ​ ​

2026

  ​ ​ ​

2025

General and administrative costs

$

811,301

$

20,449

Interest earned on investments held in Trust Account

$

2,491,718

$

  ​ ​ ​

December 31, 2025

  ​ ​ ​

December 31, 2024

Cash

$

624,163

$

Investments held in Trust Account

$

283,377,276

$

  ​ ​ ​

For the Period

For the

from October 29, 2024

Year Ended

(Inception) Through

  ​ ​ ​

December 31, 2025

December 31, 2024

General and administrative costs

$

1,158,207

$

42,620

Interest earned on investments held in Trust Account

$

7,377,276

$