v3.26.1
Shareholders' Equity - Schedule of Stock Issued and Outstanding (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Mar. 26, 2026
Dec. 31, 2025
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
[3]
Class of Stock [Line Items]            
Issued (in shares) 304,224,024          
Outstanding (in shares) 304,224,024 297,993,837        
Amount, issued $ 566,167          
Amount, outstanding $ 566,167          
Issued, convertible preferred shares (in shares) [1]     199,930,069      
Outstanding, convertible preferred shares (in shares) [1]     199,930,069      
Total Old Xanadu Preferred and Common Shares, issued (in shares)     255,894,945      
Total Old Xanadu Preferred and Common Shares, outstanding (in shares)     255,894,945      
Total Old Xanadu Preferred and Common Shares, issued, amount     $ 220,587      
Total Old Xanadu Preferred and Common Shares, outstanding, amount     $ 220,587      
Xanadu Class A Multiple Voting Shares            
Class of Stock [Line Items]            
Issued (in shares) 251,555,764          
Outstanding (in shares) 251,555,764 254,709,401        
Amount, issued $ 217,372          
Amount, outstanding $ 217,372          
Xanadu Class B Subordinate Voting Shares ("Earn-out Shares")            
Class of Stock [Line Items]            
Issued (in shares) 52,668,260          
Outstanding (in shares) 52,668,260 43,284,436        
Amount, issued $ 348,795          
Amount, outstanding $ 348,795          
Old Xanadu Convertible Preferred Shares            
Class of Stock [Line Items]            
Issued, convertible preferred shares (in shares)     199,930,069      
Outstanding, convertible preferred shares (in shares) 0   199,930,069 [2] 199,930,069 199,930,069 199,930,069
Amount, convertible preferred shares, outstanding     $ 213,002      
Amount, convertible preferred shares, issued     $ 213,002      
Old Xanadu Common Shares            
Class of Stock [Line Items]            
Issued (in shares) [1]     55,964,876      
Outstanding (in shares) [1]     55,964,876      
Amount, issued [1] $ 0   $ 7,585      
Amount, outstanding     $ 7,585      
[1] Old Xanadu convertible preferred shares and common shares have been retroactively recast after giving effect to the Reverse Recapitalization. Refer to Note 3 for additional information.
[2] The number of shares have been retroactively recast after giving effect to the Reverse Recapitalization.
[3] The number of shares has been retroactively recast after giving effect to the Reverse Recapitalization.