v3.26.1
STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIT - USD ($)
Ordinary Shares
Class B ordinary shares
Cartesian Growth Corporation III
Ordinary Shares
Cartesian Growth Corporation III
Additional Paid-in Capital
Private Placement Warrants
Cartesian Growth Corporation III
Additional Paid-in Capital
Public Warrants
Cartesian Growth Corporation III
Additional Paid-in Capital
Cartesian Growth Corporation III
Additional Paid-in Capital
Accumulated Deficit
Cartesian Growth Corporation III
Accumulated Deficit
Class B ordinary shares
Cartesian Growth Corporation III
Private Placement Warrants
Cartesian Growth Corporation III
Public Warrants
Cartesian Growth Corporation III
Cartesian Growth Corporation III
Total
Beginning balance at Dec. 31, 2023           $ 16,055,000   $ (127,387,000)         $ (111,253,000)
STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIT                          
Net income (loss)               (54,344,000)         (54,344,000)
Ending balance at Dec. 31, 2024 $ 690 $ 690     $ 24,310 25,193,000 $ (42,620) (181,731,000)       $ (17,620) $ (156,496,000)
Ending balance (In shares) at Dec. 31, 2024 6,900,000 6,900,000             6,900,000       5,016,051
Beginning balance at Oct. 28, 2024 $ 0       0   0         0  
Beginning balance (In shares) at Oct. 28, 2024 0                        
STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIT                          
Class B ordinary shares issued to Sponsor $ 690       24,310             25,000  
Class B ordinary shares issued to Sponsor (in shares) 6,900,000                        
Net income (loss)             (42,620)         (42,620)  
Ending balance at Dec. 31, 2024 $ 690 $ 690     24,310 25,193,000 (42,620) (181,731,000)       (17,620) $ (156,496,000)
Ending balance (In shares) at Dec. 31, 2024 6,900,000 6,900,000             6,900,000       5,016,051
STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIT                          
Net income (loss)             (20,449) (12,870,000)       (20,449) $ (12,870,000)
Ending balance at Mar. 31, 2025   $ 690     24,310 29,052,000 (63,069) (194,601,000)       (38,069) (165,499,000)
Ending balance (In shares) at Mar. 31, 2025   6,900,000                      
Beginning balance at Dec. 31, 2024 $ 690 $ 690     24,310 25,193,000 (42,620) (181,731,000)       (17,620) $ (156,496,000)
Beginning balance (In shares) at Dec. 31, 2024 6,900,000 6,900,000             6,900,000       5,016,051
STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIT                          
Remeasurement of Class A ordinary shares to redemption amount         (9,722,332)   (19,374,434)         (29,096,766)  
Issuance of warrants     $ 6,800,000 $ 3,132,600           $ 6,800,000 $ 3,132,600    
Allocated value of transaction costs to Class A shares         $ (234,578)             (234,578)  
Net income (loss)             6,219,069 (73,845,000)       6,219,069 $ (73,845,000)
Ending balance at Dec. 31, 2025 $ 690         34,661,000 (13,197,985) (255,576,000)       (13,197,295) $ (221,394,000)
Ending balance (In shares) at Dec. 31, 2025 6,900,000               6,900,000       5,039,438
STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIT                          
Remeasurement of Class A ordinary shares to redemption amount             (2,491,718)         (2,491,718)  
Net income (loss)             1,680,417 (8,575,000)       1,680,417 $ (8,575,000)
Ending balance at Mar. 31, 2026 $ 690         $ 36,285,000 $ (14,009,286) $ (264,151,000)       $ (14,008,596) $ (228,643,000)
Ending balance (In shares) at Mar. 31, 2026 6,900,000               6,900,000       5,068,690