v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 5 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Dec. 31, 2024
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Jul. 31, 2025
Dec. 31, 2024
Jul. 31, 2024
Operating expenses:                    
General and administrative $ 261 $ 26 $ 21 $ 77 $ 404 $ 49   $ 160   $ 177
Extinguishment of accounts payable             (118)
Total operating expenses 261 26 21 77 404 49   160   59
Loss from operations (261) (26) (21) (77) (404) (49)   (160)   (59)
Other income (expense):                    
Interest expense, related parties (23) (16) (28) (24) (43) (32)   (62)   (54)
Net loss $ (284) $ (42) $ (49) $ (101) $ (447) $ (81)   $ (222)   $ (113)
Weighted-average shares of common stock outstanding, basic 1,032,640 1,032,640 1,033,000 1,033,000 1,032,640 1,032,640   1,033,000   1,033,000
Weighted-average shares of common stock outstanding, diluted 1,032,640 1,032,640 1,033,000 1,033,000 1,032,640 1,032,640   1,033,000   1,033,000
Net loss per share of common, basic $ (0.28) $ (0.04) $ (0.05) $ (0.10) $ (0.43) $ (0.08)   $ (0.21)   $ (0.11)
Net loss per share of common, diluted $ (0.28) $ (0.04) $ (0.05) $ (0.10) $ (0.43) $ (0.08)   $ (0.21)   $ (0.11)
Gravitics Inc [Member]                    
Revenue $ 364     $ 1,023 $ 1,044   $ 2,610  
Operating expenses:                    
General and administrative 3,326 1,326     5,834 2,635 5,723   4,942  
Cost of revenue 250     839 867   2,339  
Research and development 1,851 946     6,073 1,361 3,457   2,124  
Total operating expenses 5,177 2,522     11,907 4,835 10,047   9,405  
Loss from operations (5,177) (2,158)     (11,907) (3,812) (9,003)   (6,795)  
Other income (expense):                    
Change in fair value of SAFE liabilities (454)     (643) 129 1,159   (1,108)  
Change in fair value of convertible promissory notes (620)     (3,449) (890) (1,858)   (1,246)  
Change in fair value of warrant liabilities (528)     (8,462) (953) (1,985)   (87)  
Gain on extinguishment of unsecured promissory note               186  
Other income (expense), net (38) (1)     (49) (10) (12)   2  
Total other expense, net (38) (1,603)     (12,603) (1,724) (2,696)   (2,253)  
Net loss $ (5,215) $ (3,761)     $ (24,510) $ (5,536) $ (11,699)   $ (9,048)  
Weighted-average shares of common stock outstanding, basic 10,097,065 6,126,564     8,819,489 5,607,877 6,211,039   4,289,651  
Weighted-average shares of common stock outstanding, diluted 10,097,065 6,126,564     8,819,489 5,607,877 6,211,039   4,289,651  
Net loss per share of common, basic $ (0.52) $ (0.61)     $ (2.78) $ (0.99) $ (1.88)   $ (2.11)  
Net loss per share of common, diluted $ (0.52) $ (0.61)     $ (2.78) $ (0.99) $ (1.88)   $ (2.11)