v3.26.1
Common Stock
 6 Months Ended
Jun. 30, 2026
Stockholders' Equity Note [Abstract]  
Common Stock

10. Common Stock

As of June 30, 2026, the Company had 400,000,000 shares of common stock authorized for issuance, and 46,705,410 shares of common stock issued and outstanding.

Prior to the closing of the IPO, the holders of shares of common stock and ordinary shares were entitled to an allocation and distribution of proceeds upon the occurrence of certain liquidity events subject to the amounts the holders of convertible preferred stock would have been entitled to be paid out (the “Liquidation Amount”). When the Liquidation Amount had been paid in full, any remaining proceeds would have been distributed to the holders of common stock or ordinary shares, as applicable, on a pro rata basis.

The holders of common stock are entitled to one vote per share held on all matters submitted to a vote of stockholders, except on matters relating solely to terms of preferred stock.

On May 4, 2026, the Company completed the IPO of 19,262,500 shares of its common stock. See Note 1, “Description of Business and Liquidity”, for additional information.