v3.26.1
SAFE liabilities - Summary of significant assumptions used in valuations of SAFEs and used to estimate the fair value of SAFE warrants issued (Details)
Jun. 30, 2026
$ / shares
Y
Dec. 31, 2025
$ / shares
Y
Nov. 30, 2025
Y
$ / shares
SPAC probability      
SAFE liabilities      
Liability, measurement input 96 91  
IPO probability      
SAFE liabilities      
Liability, measurement input 1.3 3  
Change of control probability      
SAFE liabilities      
Liability, measurement input 1.3 3  
Dissolution      
SAFE liabilities      
Liability, measurement input 1.3 3  
Estimated time to conversion event (years)      
SAFE liabilities      
Liability, measurement input | Y 0.1 0.75  
Fair value of common shares      
SAFE liabilities      
Warrants, measurement input | $ / shares 1.65 1.28 0.95
Exercise price      
SAFE liabilities      
Warrants, measurement input | $ / shares 1.975 1.997  
Expected term      
SAFE liabilities      
Warrants, measurement input | Y 2.4 2.9  
Expected volatility      
SAFE liabilities      
Warrants, measurement input 120 135 1.18
Risk-free interest rate      
SAFE liabilities      
Warrants, measurement input 4.06 3.49 0.03
SAFEs | SPAC probability      
SAFE liabilities      
Liability, measurement input   0.91 0.50
SAFEs | IPO probability      
SAFE liabilities      
Liability, measurement input   0.03 0.22
SAFEs | Change of control probability      
SAFE liabilities      
Liability, measurement input   0.03 0.22
SAFEs | Dissolution      
SAFE liabilities      
Liability, measurement input   0.03 0.06
SAFEs | Estimated time to conversion event (years)      
SAFE liabilities      
Liability, measurement input | $ / shares   2.21 3.11
SAFEs | Discount rate      
SAFE liabilities      
Liability, measurement input   0.3453 0.3453
SAFE Warrants | Expected term      
SAFE liabilities      
Warrants, measurement input | Y   2.9 3