v3.26.1
Condensed Consolidated Statements of Changes in Shareholders' Deficit - USD ($)
$ in Thousands
Preferred Stock Series B Preferred Stock [Member]
Common Stock [Member]
Common Stock [Member]
Gravitics Inc [Member]
Additional Paid-in Capital [Member]
Additional Paid-in Capital [Member]
Gravitics Inc [Member]
Retained Earnings [Member]
Retained Earnings [Member]
Gravitics Inc [Member]
Total
Gravitics Inc [Member]
Preferred Stock Series Seed Redeemable Convertible Preferred Stock [Member]
Gravitics Inc [Member]
Preferred Stock Series A Redeemable Convertible Preferred Stock [Member]
Gravitics Inc [Member]
Balance at Jul. 31, 2023 $ 10   $ 28,112   $ (28,734)   $ (612)      
Balance, shares at Jul. 31, 2023 100 1,032,640                  
Net loss     (113)   (113)      
Balance at Jul. 31, 2024 $ 10   28,112   (28,847)   (725)      
Balance, shares at Jul. 31, 2024 100 1,032,640                  
Balance at Dec. 31, 2023       $ 2,352   $ (21,791)   $ (19,439) $ 14,945  
Balance, shares at Dec. 31, 2023     7,106,059             4,053,323  
Net loss         (9,048)   (9,048)  
Stock based compensation       1,508     1,508  
Exercise of stock options              
Excercise of stock options, shares     65,833                
Issuance of redeemable convertible preferred stock and common stock upon conversion of promissory note       48     48 $ 825  
Issuance of redeemable convertible preferred stock and common stock upon conversion of promissory note, shares     66,049             132,097  
Contribution of common stock by stockholder            
Contribution of common stock by stockholder, shares     (500,000)                
Reclassification of warrant liability to equity       71     71  
Balance at Dec. 31, 2024 $ 10 28,112 3,979 (28,948) (30,839) (826) (26,860) $ 15,770  
Balance, shares at Dec. 31, 2024 100 1,032,640 6,737,941             4,185,420  
Temporary equity, shares at Dec. 31, 2024                   4,185,420  
Temporary equity, value at Dec. 31, 2024                   $ 15,770
Balance at Jul. 31, 2024 $ 10   28,112   (28,847)   (725)      
Balance, shares at Jul. 31, 2024 100 1,032,640                  
Net loss     (101)   (101)      
Balance at Dec. 31, 2024 $ 10 28,112 3,979 (28,948) (30,839) (826) (26,860) $ 15,770  
Balance, shares at Dec. 31, 2024 100 1,032,640 6,737,941             4,185,420  
Temporary equity, shares at Dec. 31, 2024                   4,185,420  
Temporary equity, value at Dec. 31, 2024                   $ 15,770
Balance at Jul. 31, 2024 $ 10   28,112   (28,847)   (725)      
Balance, shares at Jul. 31, 2024 100 1,032,640                  
Net loss     (222)   (222)      
Balance at Jul. 31, 2025 $ 10   28,112   (29,069)   (947)      
Balance, shares at Jul. 31, 2025 100 1,032,640                  
Balance at Dec. 31, 2024 $ 10 28,112 3,979 (28,948) (30,839) (826) (26,860) $ 15,770  
Balance, shares at Dec. 31, 2024 100 1,032,640 6,737,941             4,185,420  
Net loss (39) (1,775) (39) (1,775)    
Stock based compensation       342     342    
Exercise of stock options              
Excercise of stock options, shares     11,458                
Balance at Mar. 31, 2025 $ 10 28,112 4,321 (28,987) (32,614) (865) (28,293)    
Balance, shares at Mar. 31, 2025 100 1,032,640 6,749,399                
Temporary equity, shares at Mar. 31, 2025                   4,185,420
Temporary equity, value at Mar. 31, 2025                   $ 15,770
Balance at Dec. 31, 2024 $ 10 28,112 3,979 (28,948) (30,839) (826) (26,860) $ 15,770  
Balance, shares at Dec. 31, 2024 100 1,032,640 6,737,941             4,185,420  
Temporary equity, shares at Dec. 31, 2024                   4,185,420  
Temporary equity, value at Dec. 31, 2024                   $ 15,770
Net loss               (81) (5,536)    
Balance at Jun. 30, 2025 $ 10 28,112 4,729 (29,029) (36,375) (907) (31,646)    
Balance, shares at Jun. 30, 2025 100 1,032,640 7,444,072                
Temporary equity, shares at Jun. 30, 2025                   4,185,420
Temporary equity, value at Jun. 30, 2025                   $ 15,770
Balance at Dec. 31, 2024 $ 10 28,112 3,979 (28,948) (30,839) (826) (26,860) $ 15,770  
Balance, shares at Dec. 31, 2024 100 1,032,640 6,737,941             4,185,420  
Temporary equity, shares at Dec. 31, 2024                   4,185,420  
Temporary equity, value at Dec. 31, 2024                   $ 15,770
Net loss         (11,699)   (11,699)  
Stock based compensation       1,364     1,364  
Exercise of stock options              
Excercise of stock options, shares     11,458           11,458    
Issuance of pre-funded warrants       60     $ 60  
Exercise of pre-funded warrants       7     7  
Excercise of pre-funded warrants, shares     694,673                
Balance at Dec. 31, 2025 $ 10 28,112 5,410 (29,118) (42,538) (996) (37,128) $ 15,770  
Balance, shares at Dec. 31, 2025 100 1,032,640 7,444,072             4,185,420  
Temporary equity, shares at Dec. 31, 2025                   4,185,420
Temporary equity, value at Dec. 31, 2025                   $ 15,770
Balance at Mar. 31, 2025 $ 10 28,112 4,321 (28,987) (32,614) (865) (28,293)    
Balance, shares at Mar. 31, 2025 100 1,032,640 6,749,399                
Temporary equity, shares at Mar. 31, 2025                   4,185,420
Temporary equity, value at Mar. 31, 2025                   $ 15,770
Net loss (42) (3,761) (42) (3,761)    
Stock based compensation       341     341    
Issuance of pre-funded warrants       60     60    
Exercise of pre-funded warrants       7     7    
Excercise of pre-funded warrants, shares     694,673                
Balance at Jun. 30, 2025 $ 10 28,112 4,729 (29,029) (36,375) (907) (31,646)    
Balance, shares at Jun. 30, 2025 100 1,032,640 7,444,072                
Temporary equity, shares at Jun. 30, 2025                   4,185,420
Temporary equity, value at Jun. 30, 2025                   $ 15,770
Balance at Jul. 31, 2025 $ 10   28,112   (29,069)   (947)      
Balance, shares at Jul. 31, 2025 100 1,032,640                  
Net loss     (49)   (49)      
Balance at Dec. 31, 2025 $ 10 28,112 5,410 (29,118) (42,538) (996) (37,128) $ 15,770  
Balance, shares at Dec. 31, 2025 100 1,032,640 7,444,072             4,185,420  
Temporary equity, shares at Dec. 31, 2025                   4,185,420
Temporary equity, value at Dec. 31, 2025                   $ 15,770
Net loss (163) (19,295) (163) (19,295)    
Sale of Series A-I preferred stock, net of issuance cost              
Sale of Series A-I preferred stock, net of issuance cost, shares                     2,577,581
Sale of Series A-I preferred stock, net of issuance cost, value                     $ 12,007
Conversion of SAFE instrument to Series A-I preferred stock              
Conversion of SAFE instrument to Series A-I preferred stock, shares                     1,373,131
Conversion of SAFE instrument to Series A-I preferred stock, value                     $ 6,715
Conversion of SAFE instrument to Series A-II preferred stock              
Conversion of SAFE instrument to Series A-II preferred stock, shares                     738,035
Conversion of SAFE instrument to Series A-II preferred stock,value                     $ 4,037
Conversion of convertible notes to Series A-I preferred stock              
Conversion of convertible notes to Series A-I preferred stock, shares                     122,744
Conversion of convertible notes to Series A-I preferred stock, value                     $ 912
Conversion of convertible notes to Series A-III preferred stock              
Conversion of convertible notes to Series A-III preferred stock, shares                     1,121,204
Conversion of convertible notes to Series A-III preferred stock, value                     $ 8,196
Reclassification of warrants to purchase common stock to equity       11,396     11,396    
Stock based compensation       241     241    
Balance at Mar. 31, 2026 $ 10 28,112 17,047 (29,281) (61,833) (1,159) (44,786)    
Balance, shares at Mar. 31, 2026 100 1,032,640 7,444,072                
Temporary equity, shares at Mar. 31, 2026                   4,185,420 5,932,695
Temporary equity, value at Mar. 31, 2026                   $ 15,770 $ 31,867
Balance at Dec. 31, 2025 $ 10 28,112 5,410 (29,118) (42,538) (996) (37,128) $ 15,770  
Balance, shares at Dec. 31, 2025 100 1,032,640 7,444,072             4,185,420  
Temporary equity, shares at Dec. 31, 2025                   4,185,420
Temporary equity, value at Dec. 31, 2025                   $ 15,770
Net loss               (447) (24,510)    
Balance at Jun. 30, 2026 $ 10 28,112 17,148 (29,565) (67,048) (1,443) (49,900)    
Balance, shares at Jun. 30, 2026 100 1,032,640 13,706,792                
Temporary equity, shares at Jun. 30, 2026                   4,185,420 5,932,695
Temporary equity, value at Jun. 30, 2026                   $ 15,770 $ 31,867
Balance at Mar. 31, 2026 $ 10 28,112 17,047 (29,281) (61,833) (1,159) (44,786)    
Balance, shares at Mar. 31, 2026 100 1,032,640 7,444,072                
Temporary equity, shares at Mar. 31, 2026                   4,185,420 5,932,695
Temporary equity, value at Mar. 31, 2026                   $ 15,770 $ 31,867
Net loss (284) (5,215) (284) (5,215)    
Reclassification of warrants to purchase common stock to equity       52     52    
Stock based compensation       (18)     (18)    
Exercise of warrants to purchase common stock       62     62    
Exercise of warrants to purchase common stock, shares     6,247,719                
Exercise of stock options       5     5    
Excercise of stock options, shares     15,001                
Balance at Jun. 30, 2026 $ 10 $ 28,112 $ 17,148 $ (29,565) $ (67,048) $ (1,443) $ (49,900)    
Balance, shares at Jun. 30, 2026 100 1,032,640 13,706,792                
Temporary equity, shares at Jun. 30, 2026                   4,185,420 5,932,695
Temporary equity, value at Jun. 30, 2026                   $ 15,770 $ 31,867