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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2024
Sep. 30, 2025
Share-based compensation expense $ 1,134 $ 8,555 [1]
Non-cash interest expense 2 2,185 [2]
Accrued expenses and other current liabilities 2,172 [3] 6,422
Proceeds from the issuance of notes payable, net of issuance costs [4] 37,480  
Related Party    
Share-based compensation expense   2,027
Non-cash interest expense   $ 865
Accrued expenses and other current liabilities 341  
Proceeds from the issuance of notes payable, net of issuance costs $ 14,993  
[1] Includes related party amount of $2,027, which is classified as a liability, for the nine months ended September 30, 2025.
[2] Includes related party amount of $865 for the nine months ended September 30, 2025.
[3] Includes related party amount of $341 for the period from September 19, 2024 (inception) to December 31, 2024.
[4] Includes related party amount of $14,993 for the period from September 19, 2024 (inception) to December 31, 2024.