v3.26.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Dec. 31, 2025
Summary of Significant Accounting Policies [Line Items]      
Schedule of Basic and Diluted Net Income Per Ordinary Share

  ​ ​ ​

For the three months ended

March 31, 2026

Numerator:

 

  ​

Net loss

$

(139,635)

Denominator:

 

  ​

Weighted-average number of shares of common stock outstanding – basic and diluted

 

1,000

Basic and diluted net loss per share of common stock

$

(139.64)

  ​ ​ ​

For the period

September 22, 2025

(inception) through

December 31, 2025

Numerator:

 

  ​

Net loss

$

(145,382)

Denominator:

 

  ​

Weighted-average number of shares of common stock outstanding – basic and diluted

 

1,000

Basic and diluted net loss per share of common stock

$

(145.38)

 
Mountain Lake Acquisition Corp.      
Summary of Significant Accounting Policies [Line Items]      
Schedule of Class A Ordinary Shares Subject to Possible Redemption Reflected in the Condensed Balance Sheets

As of March 31, 2026 and December 31, 2025, the Class A ordinary shares subject to possible redemption reflected in the condensed balance sheets are reconciled in the following table:

Class A ordinary shares subject to possible redemption, December 31, 2024

  ​ ​ ​

$

231,643,853

Plus:

 

  ​

Accretion of Class A ordinary shares subject to redemption to redemption amount

 

9,586,719

Class A ordinary shares subject to possible redemption, December 31, 2025

$

241,230,572

Plus:

 

  ​

Accretion of Class A ordinary shares subject to redemption to redemption amount

 

2,113,587

Class A ordinary shares subject to possible redemption, March 31, 2026

$

243,344,159

 

As of December 31, 2025 and 2024, the Class A ordinary shares subject to possible redemption reflected in the balance sheets are reconciled in the following table:

Gross proceeds

$

230,000,000

Less:

Proceeds allocated to Public Share Rights

(2,070,000)

Class A ordinary shares issuance costs

(13,210,471)

Plus:

 

  ​

Accretion for Class A ordinary shares to redemption amount

 

16,924,324

Class A ordinary shares subject to possible redemption, December 31, 2024

$

231,643,853

Plus:

 

  ​

Accretion for Class A ordinary shares to redemption amount

 

9,586,719

Class A ordinary shares subject to possible redemption, December 31, 2025

$

241,230,572

Schedule of Basic and Diluted Net Income Per Ordinary Share

The following table presents a reconciliation of the numerator and denominator used to compute basic and diluted net income per ordinary share for each class of ordinary shares:

For the Three Months Ended

For the Three Months Ended

March 31, 2026

March 31, 2025

Class A

Class B

Class A

Class B

Ordinary

Ordinary

Ordinary

Ordinary

  ​ ​ ​

Shares

  ​ ​ ​

Shares

  ​ ​ ​

Shares

  ​ ​ ​

Shares

Basic and diluted net income per share:

  ​

  ​

  ​

  ​

Numerator:

 

  ​

 

  ​

 

  ​

 

  ​

Allocation of net income

$

1,324,198

$

399,818

$

1,550,404

$

468,117

Denominator:

 

  ​

 

  ​

 

  ​

 

  ​

Weighted-average shares outstanding

 

23,805,000

 

7,187,500

 

23,805,000

 

7,187,500

Basic and diluted net income per common stock

$

0.06

$

0.06

$

0.07

$

0.07

 

The following table presents a reconciliation of the numerator and denominator used to compute basic and diluted net income ordinary share for each class of ordinary shares:

For the Period from

June 14, 2024

For the Year Ended

(inception) through

December 31,

December 31,

2025

2024

Class A

Class B

Class A

Class B

Ordinary

Ordinary

Ordinary 

Ordinary

  ​ ​ ​

Shares

  ​ ​ ​

Shares

  ​ ​ ​

Shares

  ​ ​ ​

Shares

Basic net income per share:

  ​ ​ ​

  ​

  ​ ​ ​

  ​

  ​ ​ ​

  ​

  ​ ​ ​

  ​

Numerator:

 

  ​

 

  ​

 

  ​

 

  ​

Allocation of net income

$

6,361,272

$

1,920,674

$

99,286

$

343,831

Denominator:

 

 

 

 

Weighted-average shares outstanding

 

23,805,000

 

7,187,500

 

1,785,375

 

6,182,813

Basic net income per common stock

$

0.27

$

0.27

$

0.06

$

0.06