v3.26.1
Net Loss Per Share Attributable to Common Stockholders
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Net Loss Per Share Attributable to Common Stockholders [Abstract]    
Net Loss Per Share Attributable to Common Stockholders

Note 15. Net Loss Per Share Attributable to Common Stockholders

 

The following table sets forth the computation of basic and dilutive net loss per share attributable to common stockholders:

 

    Three months
ended		     Six months
ended		     For the
period from
June 30, 2025
(Inception)
through		  
    June 30,     June 30,     June 30,  
    2026     2026     2025  
                   
Numerator:                  
Net loss   $ (34,180,809 )   $ (34,624,180 )   $ (26,071 )
                         
Denominator:                        
Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, basic and diluted     2,238,201       1,473,349       700,000  
                         
Net loss per share attributable to common stockholders, basic and diluted   $ (15.27 )   $ (23.50 )   $ (0.04 )

 

During the three and six months ended June 30, 2026 and 2025 and for the period from June 30, 2025 (Inception) through June 30, 2025, there were 78,635 RSUs excluded from the calculation of diluted net loss per share attributable to common stockholders because of the anti-dilutive impact to the calculation.

Note 5. Net Loss Per Share Attributable to the Common Stockholder

 

The following table sets forth the computation of basic and dilutive net loss per share attributable to the common stockholder for the period from inception through December 31, 2025:

 

    Period from
July 7,
2025 (inception) through		  
    December 31,  
    2025  
       
Numerator:      
Net loss   $ (48,563 )
         
Denominator:        
Weighted-average number of shares outstanding used to compute net loss per share attributable to the common stockholder, basic and diluted     1  
         
Net loss per share attributable to the common stockholder, basic and diluted   $ (48,563 )

 

During the period inception through December 31, 2025, there were no potentially dilutive securities excluded from the calculation of diluted net loss per share attributable to the common stockholder.