v3.26.3
Condensed Statements of Operations - Armada - Interim - USD ($)
3 Months Ended 4 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Dec. 31, 2025
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Jun. 30, 2026
Jun. 30, 2026
Jun. 30, 2025
Sep. 30, 2025
General and administrative             $ 1,115,340 $ 1,447,627      
Loss from operations             (234,765,982) (265,593,724)      
Net income (loss)             $ (152,717,402) $ (188,134,733)      
Basic (in shares)             1 1      
Diluted (in shares)             1 1      
Basic net income per ordinary share             $ (152,717,402) $ (188,134,733)      
Diluted net income per ordinary share             $ (152,717,402) $ (188,134,733)      
Armada Acquisition Corp. II                      
General and administrative $ 503,862     $ 95,799         $ 4,383,259 $ 142,289 $ 1,706,183
Loss from operations (503,862)     (95,799)         (4,383,259) (142,289) (1,706,183)
Interest earned on cash and marketable securities held in Trust Account 2,129,189     982,945         6,536,139 982,945 3,478,166
Total other (income) expense 2,129,189     982,945         6,536,139 982,945 3,478,166
Net income (loss) $ 1,625,327 $ 1,131,313 $ (603,760) $ 887,146 $ (706) $ (45,784)     $ 2,152,880 $ 840,656 $ 1,771,983
Class A & Class B ordinary shares | Armada Acquisition Corp. II                      
Basic (in shares) 8,590,000     7,596,957         8,590,000 7,103,193  
Diluted (in shares) 8,590,000     8,184,286         8,590,000 7,982,556  
Basic net income per ordinary share $ (0.05)     $ (0.05)         $ (0.07) $ (0.08)  
Diluted net income per ordinary share $ 0.05     $ 0.05         $ 0.07 $ 0.07  
Common Stock Subject To Possible Redemption | Class A ordinary shares | Armada Acquisition Corp. II                      
Basic (in shares) 23,000,000     9,857,143         23,000,000 3,322,222 8,323,204
Diluted (in shares) 23,000,000     9,857,143         23,000,000 3,322,222 8,323,204
Basic net income per ordinary share $ (0.05)     $ 0.05         $ (0.07) $ 0.08 $ 0.11
Diluted net income per ordinary share $ 0.05     $ 0.05         $ 0.07 $ 0.07 $ 0.11
Common Stock Subject To Possible Redemption | Class A & Class B ordinary shares | Armada Acquisition Corp. II                      
Basic (in shares)                     7,481,056
Diluted (in shares)                     8,136,934
Basic net income per ordinary share                     $ 0.11
Diluted net income per ordinary share                     $ 0.11