v3.26.3
Simple agreements for future equity (Tables) - Exascale Labs Inc [Member]
18 Months Ended
Jun. 30, 2026
Schedule of share based payment award stock options valuation assumptions
               
    As of
June 30,
 
    2025     2026  
Volatility(1)     78.6 %     88.7 %
Risk-free rate(2)     4.0 %     3.9 %
Credit spread(3)     8.9 %     9.7 %
Discount rate(4)     12.8 %     13.6 %
Dividend yield(5)     0.0 %     0.0 %

 

 
(1) Volatility: Derived with reference to historical price volatility of comparable companies
(2) Risk-free rate: Derived with reference to U.S. sovereign bond yield
(3) Credit spread: Risk premium over the risk-free rate, derived with reference to the spread of CCC rated bonds
(4) Discount rate: Sum of risk-free rate and credit spread
(5) Dividend yield: Derived with reference to historical dividend record of the Company
Schedule of fair value measurement
       
    Amount  
Balance at June 30, 2024   $ 9,321,564  
Issuance of simple agreements for future equity     4,307,500  
Change in fair value     4,614,821  
Balance at June 30, 2025   $ 18,243,885  
Issuance of simple agreements for future equity     3,500,000  
Change in fair value     7,377,383  
Balance at June 30, 2026   $ 29,121,268