Convertible Redeemable Preferred Stock (Tables)

6 Months Ended

Jun. 30, 2026

Temporary Equity Disclosure [Abstract]

Schedule of Company's Convertible Redeemable Preferred Stock

The following table summarizes the exchange of Legacy Infleqtion’s convertible redeemable preferred stock upon the Closing:


Legacy Infleqtion Convertible Redeemable Preferred Stock	Shares Outstanding Before Closing	Common Stock Issued at Closing
Preferred Stock Series Seed	24,871,033	8,640,274
Preferred Stock Series Seed II	27,499,984	9,553,580
Preferred Stock Series A	101,515,976	35,266,967
Preferred Stock Series B	113,956,319	39,588,781
Preferred Stock Series B-1	32,419,574	11,262,661
Preferred Stock Series C	60,399,952	20,983,132
Preferred Stock Series C-1	22,869,771	7,945,030
Totals	383,532,609	133,240,425

- Definition

Tabular disclosure of temporary equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer.

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