v3.26.1
Condensed Consolidated Statements of Stockholders’ Equity (Deficit) - USD ($)
Total
Previously Reported
Revision of Prior Period, Adjustment
Common Stock
Common Stock
Previously Reported
Additional Paid-in Capital
Additional Paid-in Capital
Previously Reported
Accumulated Deficit
Accumulated Deficit
Previously Reported
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive (Loss) Income
Previously Reported
Series Seed
Convertible Redeemable Preferred Stock
Series Seed
Convertible Redeemable Preferred Stock
Previously Reported
Series Seed
Convertible Redeemable Preferred Stock
Revision of Prior Period, Adjustment
Series Seed II
Convertible Redeemable Preferred Stock
Series Seed II
Convertible Redeemable Preferred Stock
Previously Reported
Series Seed II
Convertible Redeemable Preferred Stock
Revision of Prior Period, Adjustment
Series A
Convertible Redeemable Preferred Stock
Series A
Convertible Redeemable Preferred Stock
Previously Reported
Series A
Convertible Redeemable Preferred Stock
Revision of Prior Period, Adjustment
Series B
Convertible Redeemable Preferred Stock
Series B
Convertible Redeemable Preferred Stock
Previously Reported
Series B
Convertible Redeemable Preferred Stock
Revision of Prior Period, Adjustment
Series B-1
Convertible Redeemable Preferred Stock
Series B-1
Convertible Redeemable Preferred Stock
Previously Reported
Series B-1
Convertible Redeemable Preferred Stock
Revision of Prior Period, Adjustment
Series C
Convertible Redeemable Preferred Stock
Series C
Convertible Redeemable Preferred Stock
Previously Reported
Series C
Convertible Redeemable Preferred Stock
Revision of Prior Period, Adjustment
Series C-1
Convertible Redeemable Preferred Stock
Series C-1
Convertible Redeemable Preferred Stock
Previously Reported
Series C-1
Convertible Redeemable Preferred Stock
Revision of Prior Period, Adjustment
Convertible redeemable preferred stock outstanding, beginning balance (in shares) at Dec. 31, 2023                         24,871,033     27,499,984     101,515,976     113,956,319     32,419,574     20,508,938     22,869,771  
Convertible redeemable preferred stock beginning balance at Dec. 31, 2023                         $ 6,526,000     $ 10,411,000     $ 36,658,000     $ 112,145,000     $ 32,990,000     $ 22,503,000     $ 26,351,000  
Increase (Decrease) in Temporary Equity [Roll Forward]                                                                
Conversion of stock (in shares)                           (16,230,759)     (17,946,404)     (66,249,009)     (74,367,538)     (21,156,913)     (13,384,069)     (14,924,741)
Convertible redeemable preferred stock outstanding, ending balance (in shares) at Dec. 31, 2024                       8,640,274 24,871,033   9,553,580 27,499,984   35,266,967 101,515,976   39,588,781 113,956,319   11,262,661 32,419,574   7,124,869 60,399,952   7,945,030 22,869,771  
Convertible redeemable preferred stock, ending balance at Dec. 31, 2024                       $ 6,526,000 $ 6,526,000   $ 10,411,000 $ 10,411,000   $ 36,658,000 $ 36,658,000   $ 112,145,000 $ 112,145,000   $ 32,990,000 $ 32,990,000   $ 22,503,000 $ 71,733,000   $ 26,351,000 $ 26,351,000  
Beginning balance (in shares) at Dec. 31, 2023         45,512,715                                                      
Beginning balance at Dec. 31, 2023   $ (185,153,000)     $ 5,000   $ 15,751,000   $ (201,269,000)   $ 360,000                                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                                
Net loss $ (55,742,000) (53,764,000) $ (1,978,000)                                                          
Conversion of stock (in shares)         (29,701,456)                                                      
Conversion of stock   0     $ (3,000)   3,000                                                  
Ending balance (in shares) at Dec. 31, 2024       15,811,259 50,227,011                                                      
Ending balance at Dec. 31, 2024 (185,153,000) (210,657,000)   $ 2,000 $ 5,000 $ 15,754,000 21,928,000 $ (201,269,000) (233,496,000) $ 360,000 906,000                                          
Increase (Decrease) in Temporary Equity [Roll Forward]                                                                
Conversion of stock (in shares)                                                     39,891,014          
Convertible redeemable preferred stock issue, net                                                     $ 49,222,000          
Convertible redeemable preferred stock outstanding, ending balance (in shares) at Jun. 30, 2025                       8,640,274     9,553,580     35,266,967     39,588,781     11,262,661     47,015,883     7,945,030    
Convertible redeemable preferred stock, ending balance at Jun. 30, 2025                       $ 6,526,000     $ 10,411,000     $ 36,658,000     $ 112,145,000     $ 32,990,000     $ 71,725,000     $ 26,351,000    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                                
Net loss (15,005,000)             (15,005,000)                                                
Stock-based compensation expense 1,887,000         1,887,000                                                    
Stock options exercised (in shares)       1,327,699                                                        
Stock options exercised 784,000         784,000                                                    
Other comprehensive income/loss 394,000                 394,000                                            
Ending balance (in shares) at Jun. 30, 2025       17,138,958                                                        
Ending balance at Jun. 30, 2025 (197,093,000)     $ 2,000   18,425,000   (216,274,000)   754,000                                            
Convertible redeemable preferred stock outstanding, beginning balance (in shares) at Dec. 31, 2024                       8,640,274 24,871,033   9,553,580 27,499,984   35,266,967 101,515,976   39,588,781 113,956,319   11,262,661 32,419,574   7,124,869 60,399,952   7,945,030 22,869,771  
Convertible redeemable preferred stock beginning balance at Dec. 31, 2024                       $ 6,526,000 $ 6,526,000   $ 10,411,000 $ 10,411,000   $ 36,658,000 $ 36,658,000   $ 112,145,000 $ 112,145,000   $ 32,990,000 $ 32,990,000   $ 22,503,000 $ 71,733,000   $ 26,351,000 $ 26,351,000  
Increase (Decrease) in Temporary Equity [Roll Forward]                                                                
Conversion of stock (in shares)                           (16,230,759)     (17,946,404)     (66,249,009)     (74,367,538)     (21,156,913)     (39,416,820)     (14,924,741)
Convertible redeemable preferred stock outstanding, ending balance (in shares) at Dec. 31, 2025                       8,640,274     9,553,580     35,266,967     39,588,781     11,262,661     20,983,132     7,945,030    
Convertible redeemable preferred stock, ending balance at Dec. 31, 2025 296,814,000                     $ 6,526,000     $ 10,411,000     $ 36,658,000     $ 112,145,000     $ 32,990,000     $ 71,733,000     $ 26,351,000    
Beginning balance (in shares) at Dec. 31, 2024       15,811,259 50,227,011                                                      
Beginning balance at Dec. 31, 2024 (185,153,000) (210,657,000)   $ 2,000 $ 5,000 15,754,000 21,928,000 (201,269,000) $ (233,496,000) 360,000 $ 906,000                                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                                
Net loss (32,228,000) (31,795,000) (433,000)                                                          
Conversion of stock (in shares)         (32,777,991)                                                      
Conversion of stock   0     $ (3,000)   $ 3,000                                                  
Ending balance (in shares) at Dec. 31, 2025       17,449,020                                                        
Ending balance at Dec. 31, 2025 (210,657,000) (208,247,000) (2,410,000) $ 2,000   21,931,000   (233,496,000)   906,000                                            
Convertible redeemable preferred stock outstanding, beginning balance (in shares) at Mar. 31, 2025                       8,640,274     9,553,580     35,266,967     39,588,781     11,262,661     7,124,869     7,945,030    
Convertible redeemable preferred stock beginning balance at Mar. 31, 2025                       $ 6,526,000     $ 10,411,000     $ 36,658,000     $ 112,145,000     $ 32,990,000     $ 22,503,000     $ 26,351,000    
Increase (Decrease) in Temporary Equity [Roll Forward]                                                                
Conversion of stock (in shares)                                                     39,891,014          
Convertible redeemable preferred stock issue, net                                                     $ 49,222,000          
Convertible redeemable preferred stock outstanding, ending balance (in shares) at Jun. 30, 2025                       8,640,274     9,553,580     35,266,967     39,588,781     11,262,661     47,015,883     7,945,030    
Convertible redeemable preferred stock, ending balance at Jun. 30, 2025                       $ 6,526,000     $ 10,411,000     $ 36,658,000     $ 112,145,000     $ 32,990,000     $ 71,725,000     $ 26,351,000    
Beginning balance (in shares) at Mar. 31, 2025       16,641,244                                                        
Beginning balance at Mar. 31, 2025 (189,067,000)     $ 2,000   17,243,000   (207,088,000)   776,000                                            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                                
Net loss (9,186,000)             (9,186,000)                                                
Stock-based compensation expense 769,000         769,000                                                    
Stock options exercised (in shares)       497,714                                                        
Stock options exercised 413,000         413,000                                                    
Other comprehensive income/loss (22,000)                 (22,000)                                            
Ending balance (in shares) at Jun. 30, 2025       17,138,958                                                        
Ending balance at Jun. 30, 2025 (197,093,000)     $ 2,000   18,425,000   (216,274,000)   754,000                                            
Convertible redeemable preferred stock outstanding, beginning balance (in shares) at Dec. 31, 2025                       8,640,274     9,553,580     35,266,967     39,588,781     11,262,661     20,983,132     7,945,030    
Convertible redeemable preferred stock beginning balance at Dec. 31, 2025 296,814,000                     $ 6,526,000     $ 10,411,000     $ 36,658,000     $ 112,145,000     $ 32,990,000     $ 71,733,000     $ 26,351,000    
Convertible redeemable preferred stock outstanding, ending balance (in shares) at Mar. 31, 2026                       0     0     0     0     0     0     0    
Convertible redeemable preferred stock, ending balance at Mar. 31, 2026                       $ 0     $ 0     $ 0     $ 0     $ 0     $ 0     $ 0    
Beginning balance (in shares) at Dec. 31, 2025       17,449,020                                                        
Beginning balance at Dec. 31, 2025 (210,657,000) (208,247,000) (2,410,000) $ 2,000   21,931,000   (233,496,000)   906,000                                            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                                
Net loss (29,719,000) (30,263,000) 544,000                                                          
Ending balance (in shares) at Mar. 31, 2026       216,471,927                                                        
Ending balance at Mar. 31, 2026 583,389,000     $ 22,000   846,657,000   (263,215,000)   (75,000)                                            
Convertible redeemable preferred stock outstanding, beginning balance (in shares) at Dec. 31, 2025                       8,640,274     9,553,580     35,266,967     39,588,781     11,262,661     20,983,132     7,945,030    
Convertible redeemable preferred stock beginning balance at Dec. 31, 2025 296,814,000                     $ 6,526,000     $ 10,411,000     $ 36,658,000     $ 112,145,000     $ 32,990,000     $ 71,733,000     $ 26,351,000    
Increase (Decrease) in Temporary Equity [Roll Forward]                                                                
Merger recapitalization (in shares)                       (8,640,274)     (9,553,580)     (35,266,967)     (39,588,781)     (11,262,661)     (20,983,132)     (7,945,030)    
Merger recapitalization                       $ (6,526,000)     $ (10,411,000)     $ (36,658,000)     $ (112,145,000)     $ (32,990,000)     $ (71,733,000)     $ (26,351,000)    
Convertible redeemable preferred stock outstanding, ending balance (in shares) at Jun. 30, 2026                       0     0     0     0     0     0     0    
Convertible redeemable preferred stock, ending balance at Jun. 30, 2026 0                     $ 0     $ 0     $ 0     $ 0     $ 0     $ 0     $ 0    
Beginning balance (in shares) at Dec. 31, 2025       17,449,020                                                        
Beginning balance at Dec. 31, 2025 (210,657,000) $ (208,247,000) $ (2,410,000) $ 2,000   21,931,000   (233,496,000)   906,000                                            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                                
Net loss (54,414,000)             (54,414,000)                                                
Stock-based compensation expense $ 20,359,000         20,359,000                                                    
Stock options exercised (in shares) 9,322,163     9,322,163                                                        
Stock options exercised $ 4,727,000     $ 1,000   4,726,000                                                    
Merger recapitalization (in shares)       133,240,425                                                        
Merger recapitalization $ 296,814,000     $ 13,000   296,801,000                                                    
Conversion of stock (in shares) 1,825     1,825                                                        
Conversion of stock $ 3,000         3,000                                                    
CCX shares recapitalized, net of equity issuance costs (in shares)       64,666,939                                                        
CCX shares recapitalized, net of equity issuance costs 518,868,000     $ 7,000   518,861,000                                                    
Other comprehensive income/loss (1,317,000)                 (1,317,000)                                            
Settlement of restricted stock units (in shares)       813                                                        
Ending balance (in shares) at Jun. 30, 2026       224,681,185                                                        
Ending balance at Jun. 30, 2026 574,383,000     $ 23,000   862,681,000   (287,910,000)   (411,000)                                            
Convertible redeemable preferred stock outstanding, beginning balance (in shares) at Mar. 31, 2026                       0     0     0     0     0     0     0    
Convertible redeemable preferred stock beginning balance at Mar. 31, 2026                       $ 0     $ 0     $ 0     $ 0     $ 0     $ 0     $ 0    
Convertible redeemable preferred stock outstanding, ending balance (in shares) at Jun. 30, 2026                       0     0     0     0     0     0     0    
Convertible redeemable preferred stock, ending balance at Jun. 30, 2026 0                     $ 0     $ 0     $ 0     $ 0     $ 0     $ 0     $ 0    
Beginning balance (in shares) at Mar. 31, 2026       216,471,927                                                        
Beginning balance at Mar. 31, 2026 583,389,000     $ 22,000   846,657,000   (263,215,000)   (75,000)                                            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                                
Net loss (24,695,000)             (24,695,000)                                                
Stock-based compensation expense 12,066,000         12,066,000                                                    
Stock options exercised (in shares)       8,206,620                                                        
Stock options exercised 3,956,000     $ 1,000   3,955,000                                                    
Conversion of stock (in shares)       1,825                                                        
Conversion of stock 3,000         3,000                                                    
Other comprehensive income/loss (336,000)                 (336,000)                                            
Settlement of restricted stock units (in shares)       813                                                        
Ending balance (in shares) at Jun. 30, 2026       224,681,185                                                        
Ending balance at Jun. 30, 2026 $ 574,383,000     $ 23,000   $ 862,681,000   $ (287,910,000)   $ (411,000)