v3.26.3
Statement of Cash Flows - Armada - Annual - USD ($)
 4 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2025
Jun. 30, 2026
Jun. 30, 2026
Jun. 30, 2025
Sep. 30, 2025
Cash flows from operating activities:          
Net income $ (152,717,402) $ (188,134,733)      
Changes in operating assets and liabilities:          
Net cash used in operating activities (716,710) (1,329,805)      
Cash flows from investing activities:          
Net cash used in investing activities (214,000,000)        
Cash flows from financing activities:          
Net cash provided by financing activities 214,766,705 1,427,550      
Cash, cash equivalents, and restricted cash at beginning of period 0 49,995      
Cash, cash equivalents, and restricted cash at end of period $ 49,995 147,740 $ 147,740    
Armada Acquisition Corp. II          
Cash flows from operating activities:          
Net income     2,152,880 $ 840,656 $ 1,771,983
Adjustments to reconcile net loss to net cash used in operating activities:          
Payment of formation costs through promissory note – related party     0 4,614 4,614
Payment of operating costs through promissory note – related party     0 870 870
Payment of operating costs through issuance of Class B ordinary shares     0 25,000 25,000
Interest earned on cash and marketable securities held in Trust Account     (6,536,139) (982,945) (3,478,166)
Adjustment to accrued offering costs     0 (5,000) (5,000)
Changes in operating assets and liabilities:          
Prepaid expenses     (16,047) 1,807 50,533
Prepaid insurance     103,020 (194,593) (160,253)
Accrued expenses         1,403,430
Deferred professional fees     823 0 37,564
Net cash used in operating activities     (306,602) (282,830) (349,425)
Cash flows from investing activities:          
Investment of cash in Trust Account     0 (231,150,000) (231,150,000)
Net cash used in investing activities       (231,150,000) (231,150,000)
Cash flows from financing activities:          
Proceeds from sale of Units, net of underwriting discounts paid     0 225,400,000 225,400,000
Proceeds from sale of Private Placements Warrants     0 7,100,000 7,100,000
Proceeds from note payable, related party     0 127,755 127,755
Repayment of promissory note - related party       (143,079) (143,079)
Payment of offering costs     0 (572,320) (624,146)
Net cash provided by financing activities     0 231,912,356 231,860,530
Net Change in Cash     (306,602) 479,526 361,105
Cash, cash equivalents, and restricted cash at beginning of period     361,105 0 0
Cash, cash equivalents, and restricted cash at end of period   54,503 54,503 479,526 361,105
Non-cash financing activities:          
Offering costs included in accrued offering costs     0 126,826 75,000
Deferred offering costs paid through promissory note – related party     0 9,840 9,840
Accretion of Class A ordinary shares to redemption value     6,536,139 19,869,840 22,365,061
Deferred underwriting fee payable   $ 9,200,000 9,200,000   9,200,000
Deferred offering costs applied to prepaid expenses     $ 0 $ 100,600 $ 100,600