v3.26.1
SAFE liabilities - Summary of Company's SAFE liabilities (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Dec. 31, 2024
SAFE liabilities      
Liability, beginning balance $ 28,369 $ 15,681 $ 14,116
Issuance   4,570 1,548
Change in fair value   7,321 1,222
Foreign currency translation   797 1,205
Liability, ending balance   28,369 $ 15,681
Total SAFE liabilities      
SAFE liabilities      
Liability, beginning balance 57,511    
Issuance 200 44,307  
Finders' fees SAFE Warrants   2,000  
Change in fair value 16,242 10,133  
Foreign currency translation (2,333) 1,071  
Liability, ending balance 71,620 57,511  
SAFEs      
SAFE liabilities      
Liability, beginning balance 44,340    
Issuance 172 38,206  
Change in fair value 13,898 5,084  
Foreign currency translation (2,257) 1,050  
Liability, ending balance 56,153 44,340  
SAFE Warrants      
SAFE liabilities      
Liability, beginning balance 13,171    
Issuance 28 6,101  
Finders' fees SAFE Warrants   2,000  
Change in fair value 2,344 5,049  
Foreign currency translation (76) 21  
Liability, ending balance $ 15,467 $ 13,171