v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Dec. 31, 2024
Operating activities:        
Net loss $ (138,061,944)      
Forge Nano, Inc.        
Operating activities:        
Net loss (32,550,000) $ (21,922,000) $ (43,174,000) $ (26,984,000)
Adjustments to reconcile net loss to net cash, cash equivalents, and restricted cash used in operating activities:        
Depreciation and amortization 1,405,000 1,396,000 2,822,000 1,354,000
Gain on reversal of provision for loss on contract 248,000 18,000 504,000 (2,000)
Amortization of debt discount 122,000 1,566,000 2,859,000 2,963,000
Loss on extinguishment of debt   3,891,000 3,841,000  
Change in fair value of contingent consideration for Sundew ALD acquisition 998,000 694,000 748,000 811,000
Change in fair value of warrant liabilities 9,341,000 (645,000) (640,000) 366,000
Amortization of noncash lease expense 1,491,000 782,000 2,315,000 429,000
Amortization of intangible assets 102,000 102,000 203,000 253,000
Changes in operating assets and liabilities (used in) provided by cash, cash equivalents, and restricted cash:        
Accounts receivable 341,000 817,000 (344,000) 944,000
Contract assets - unbilled accounts receivable (236,000) (2,377,000) (2,926,000) (2,643,000)
Inventory (850,000) (1,131,000) (1,092,000) (150,000)
Prepaid expenses and other current assets (249,000) (398,000) (544,000) (157,000)
Deposits (71,000) (812,000) (3,420,000) (2,964,000)
Accounts payable (694,000) 2,073,000 380,000 1,175,000
Deferred revenue 400,000 120,000 114,000 369,000
Accrued and other current liabilities 2,809,000 (332,000) 19,000 (209,000)
Operating lease liabilities (109,000) 1,341,000 2,566,000 (364,000)
Net cash used in operating activities (16,621,000) (14,333,000) (34,346,000) (23,772,000)
Cash Flows from Investing Activities        
Purchase of property and equipment (10,715,000) (3,052,000) (882,000) (12,553,000)
Net cash used in investing activities (10,715,000) (3,052,000) (882,000) (12,553,000)
Cash Flows from Financing Activities        
Series D funding issuance costs (1,614,000) (667,000) (845,000)  
Proceeds from issuance of Series D convertible note 49,189,000 33,578,000 1,150,000 1,924,000
Proceeds from issuance of Series D preferred stock   1,150,000 39,973,000  
Proceeds from options exercised 5,000   3,000  
Net cash provided by financing activities 47,580,000 34,061,000 32,419,000 7,087,000
Net Decrease in Cash, Cash Equivalents, and Restricted Cash 20,244,000 16,676,000 (2,809,000) (29,238,000)
Cash at beginning of period 9,429,000 12,238,000 12,238,000 41,476,000
Cash at end of period 29,673,000 28,914,000 9,429,000 12,238,000
Supplemental Disclosure of Noncash Operating, Investing and Financing Transactions        
Non-cash portion of warrant exercise   104,000 104,000 918,000
Series D preferred stock receivables 1,151,000      
Lease liabilities arising from obtaining right-of-use assets (1,674,000) 59,079,000 59,079,000  
Non-cash portion of conversion of convertible debt to Series D preferred stock   2,755,000 2,755,000  
Fair value of Series D preferred stock in exchange for warrant exercise   3,158,000 3,158,000  
Fair value of Series D preferred stock in exchange for debt forgiveness   2,000,000 2,000,000  
Operating cash flows from operating leases 3,397,000 357,000 2,477,000 660,000
Forge Nano, Inc. | Employees        
Adjustments to reconcile net loss to net cash, cash equivalents, and restricted cash used in operating activities:        
Stock-based compensation 838,000 410,000 851,000 620,000
Forge Nano, Inc. | Board of directors        
Adjustments to reconcile net loss to net cash, cash equivalents, and restricted cash used in operating activities:        
Stock-based compensation $ 43,000 $ 74,000 $ 572,000 $ 400,000