v3.25.4
COMMON STOCK (Details Narrative)
 1 Months Ended 3 Months Ended 9 Months Ended 10 Months Ended 12 Months Ended
Jun. 25, 2025
USD ($)
$ / shares
shares
Jun. 18, 2025
USD ($)
$ / shares
shares
Apr. 24, 2025
USD ($)
shares
Mar. 18, 2025
USD ($)
Mar. 16, 2025
USD ($)
$ / shares
shares
Jan. 27, 2025
USD ($)
$ / shares
shares
Oct. 07, 2024
USD ($)
$ / shares
shares
Oct. 07, 2024
USD ($)
$ / shares
shares
Mar. 15, 2023
USD ($)
shares
Jan. 31, 2025
USD ($)
Sep. 30, 2025
USD ($)
$ / shares
shares
Jun. 30, 2025
USD ($)
$ / shares
shares
Mar. 31, 2025
USD ($)
shares
Sep. 30, 2024
USD ($)
Mar. 31, 2024
USD ($)
Sep. 30, 2025
USD ($)
$ / shares
shares
Sep. 30, 2024
USD ($)
Dec. 31, 2023
USD ($)
$ / shares
shares
Dec. 31, 2024
USD ($)
$ / shares
shares
Feb. 07, 2025
shares
Jul. 08, 2024
$ / shares
shares
Nov. 21, 2023
$ / shares
Mar. 16, 2023
shares
Class of Stock [Line Items]                                              
Common stock, shares authorized | shares                     700,000,000 700,000,000       700,000,000   69,033,000 700,000,000        
Preferred stock, shares authorized | shares                     100,000,000 100,000,000       100,000,000   100,000,000        
Ordinary shares, par value | $ / shares                     $ 0.0001 $ 0.0001       $ 0.0001   $ 0.0001 $ 0.0001   $ 0.0001    
Common stock, shares issued | shares                     8,954,343         8,954,343   4,149,977 4,773,628        
Common stock, shares outstanding | shares                     8,954,343         8,954,343   4,149,977 4,773,628   4,773,665    
Issuance of common stock (Note 4)                 $ 90   $ 1,524,881 $ 106,136 $ 16,414                    
Share price | $ / shares             $ 78.50 $ 78.50                         $ 100.00    
Finance charges                                   $ 6,807,702        
Commitment shares                                   3          
Net proceeds                               $ 1,647,431 87 260,927        
Make whole obligation                               208,247 272,011        
Legal fees                     222,953     $ 384,270   $ 702,615 581,835            
Proceeds from Issuance or Sale of Equity                                     $ 10,075,002        
Sponsor earnout shares, description                               As part of the closing of the Business Combination, the Company issued 100,000 shares to Global Partner Sponsor II, LLC (the “Sponsor”). These shares are subject to vesting (or forfeiture) based on achieving certain trading price thresholds following the closing (“Sponsor Earnout Shares”). Fifty percent of the Sponsor Earnout Shares will vest when the VWAP of the Common Stock price equals or exceeds $120.00 per share for a period of 20 trading days in a 30 trading day period, and the remaining fifty percent of the Sponsor Earnout Shares will vest when the VWAP of the Common Stock price equals or exceeds $140.00 per share for a period of 20 trading days in a 30 trading day period. There are no service conditions or any requirement for the participants to provide goods or services in order to vest in the Sponsor Earnout Shares. Accordingly, we determined that the Sponsor Earnout Shares are not within the scope of ASC 718. The accounting for the Sponsor Earnout Shares was evaluated under ASC Topic 480, “Distinguishing Liabilities from Equity”, and ASC Subtopic 815-40, “Derivatives and Hedging — Contracts in Entity’s Own Equity”, to determine if the Sponsor Earnout Shares should be classified as a liability or within equity. As part of the analysis, it was determined that the Sponsor Earnout Shares subject to vesting are freestanding from other shares of Combined Company Common Stock held by the Sponsor and do not meet the criteria in ASC 815-40 to be considered indexed to the Combined Company Common Stock, due to the settlement provisions including a change in control component which could impact the number of the Sponsor Earnout Shares are ultimately settled for, which is not an input to a fixed-for-fixed option pricing model. As a result, the Sponsor Earnout Shares were classified as a liability. Subsequent changes in the fair value of the Sponsor Earnout shares will be reflected in the consolidated statement of operations.     As part of the closing of the Business Combination, the Company issued 100,000 shares to Global Partner Sponsor II, LLC (the “Sponsor”). These shares are subject to vesting (or forfeiture) based on achieving certain trading price thresholds following the closing (“Sponsor Earnout Shares”). Fifty percent of the Sponsor Earnout Shares will vest when the VWAP of the Common Stock price equals or exceeds $120.00 per share for a period of 20 trading days in a 30 trading day period, and the remaining fifty percent of the Sponsor Earnout Shares will vest when the VWAP of the Common Stock price equals or exceeds $140.00 per share for a period of 20 trading days in a 30 trading day period. There are no service conditions or any requirement for the participants to provide goods or services in order to vest in the Sponsor Earnout Shares. Accordingly, we determined that the Sponsor Earnout Shares are not within the scope of ASC 718. The accounting for the Sponsor Earnout Shares was evaluated under ASC Topic 480, “Distinguishing Liabilities from Equity”, and ASC Subtopic 815-40, “Derivatives and Hedging — Contracts in Entity’s Own Equity”, to determine if the Sponsor Earnout Shares should be classified as a liability or within equity. As part of the analysis, it was determined that the Sponsor Earnout Shares subject to vesting are freestanding from other shares of Combined Company Common Stock held by the Sponsor and do not meet the criteria in ASC 815-40 to be considered indexed to the Combined Company Common Stock, due to the settlement provisions including a change in control component which could impact the number of the Sponsor Earnout Shares are ultimately settled for, which is not an input to a fixed-for-fixed option pricing model. As a result, the Sponsor Earnout Shares will be classified as a liability. Subsequent changes in the fair value of the Sponsor Earnout shares will be reflected in the consolidated statements of operations.        
Sponsor earnout shares                     $ 4,700 [1]         $ 4,700 [1]   [2] $ 532,700 [1],[2]        
Cash exercise of outstanding warrants | shares                     10,430,800         10,430,800     10,430,800        
Aggregate gross proceeds                               $ 10,270,400            
Exercise price | $ / shares                     $ 115.00         $ 115.00     $ 115.00        
Common stock purchase warrants | shares                                   10,430,800        
Stock issuance costs                               $ 25,000 $ 4,134,056 $ 95,900 $ 4,167,323        
Shares reserved for future issuance | shares                                     0       230,112
Other long-term liability                     $ 343,000         $ 343,000              
Previously Reported [Member]                                              
Class of Stock [Line Items]                                              
Common stock, shares issued | shares                                     4,773,628        
Common stock, shares outstanding | shares                                     4,773,628        
Issuance of common stock (Note 4)                                     $ 268,998        
IPO [Member]                                              
Class of Stock [Line Items]                                              
Ordinary shares, par value | $ / shares                                     $ 0.0001        
Issuance of common stock (Note 4)       $ 172,841   $ 1,159,331                                  
Issuance of common stock, shares | shares 110,000 2,150,000       479,200                         479,200        
Cash exercise of outstanding warrants | shares   2,150,000     479,200                                    
Sale of stock, price per share | $ / shares $ 2.00 $ 2       $ 12.00                         $ 12.0        
Aggregate gross proceeds $ 220,000 $ 4,300,000   $ 2,971,040 $ 2,971,040 $ 5,750,400                         $ 5,750,400        
Exercise price | $ / shares         $ 6.20 $ 13.00                         $ 13.00        
Cash fee percentage based on cash proceeds raised in offering       4.00%                                      
Stock issuance costs           $ 86,121                                  
Offering expenses 574,325                                            
Over-Allotment Option [Member]                                              
Class of Stock [Line Items]                                              
Issuance of common stock, shares | shares   322,500                                          
Private Placement [Member]                                              
Class of Stock [Line Items]                                              
Common stock purchase warrants | shares                     5,566,667         5,566,667   5,566,667        
Additional proceeds from PIPE investor                                     $ 550,000        
Common Stock [Member]                                              
Class of Stock [Line Items]                                              
Common stock, shares issued | shares                                     4,773,628        
Common stock, shares outstanding | shares                                     4,773,628        
Issuance of common stock (Note 4)                 $ 90   $ 49 [3] $ 2 [3] [3]                    
Issuance of common stock, shares | shares                 9,000,000   488,811 [3] 16,062 [3] 398 [3]           5,583        
Commitment shares                                   $ 12          
Sale of stock, price per share | $ / shares                                           $ 120.00  
Shares reserved for future issuance | shares                                     115,056        
Common Stock [Member] | Previously Reported [Member]                                              
Class of Stock [Line Items]                                              
Issuance of common stock (Note 4)                                     $ 1        
Warrant [Member]                                              
Class of Stock [Line Items]                                              
Share price | $ / shares                     $ 3.61         $ 3.61              
Cash exercise of outstanding warrants | shares         958,400                                    
Exercise price | $ / shares         $ 7.00                                    
Common stock purchase warrants | shares         958,400                                    
Stock issuance costs         $ 2,108,480                                    
Warrant, exercise price | $ / shares         $ 13.00                                    
Warrant [Member] | Measurement Input, Expected Term [Member]                                              
Class of Stock [Line Items]                                              
Warrants and rights outstanding, term                     5 years         5 years              
Warrant [Member] | Measurement Input, Price Volatility [Member]                                              
Class of Stock [Line Items]                                              
Warrants and rights outstanding, measurement input                     0.75         0.75              
Warrant [Member] | Measurement Input, Expected Dividend Rate [Member]                                              
Class of Stock [Line Items]                                              
Warrants and rights outstanding, measurement input                     0         0              
Warrant [Member] | Measurement Input, Risk Free Interest Rate [Member]                                              
Class of Stock [Line Items]                                              
Warrants and rights outstanding, measurement input                     0.0411         0.0411              
New Inducement Warrant [Member]                                              
Class of Stock [Line Items]                                              
Cash exercise of outstanding warrants | shares         9,584,000                                    
Maximum [Member] | IPO [Member]                                              
Class of Stock [Line Items]                                              
Cash exercise of outstanding warrants | shares           479,200                         479,200        
Aggregate gross proceeds $ 4,520,000                                            
Purchase Agreement [Member]                                              
Class of Stock [Line Items]                                              
Issuance of common stock (Note 4)               $ 50,000,000                              
Common stock purchase agreement             Under the applicable Nasdaq rules, the Company may not issue to B. Riley Principal Capital II, LLC under the Purchase Agreement more than 956,970 shares of common stock, which number of shares is equal to 19.99% of the common shares outstanding immediately prior to the execution of the Purchase Agreement unless certain exceptions are met (the “Exchange Cap”). The purchase price of the shares of common stock will be determined by reference to the VWAP of the common stock during the applicable purchase date, less a fixed 3% discount to such VWAP. Additionally, B. Riley Principal Capital II, LLC cannot acquire shares that would result in its beneficial ownership exceeding 4.99% of Stardust Power’s outstanding shares. The Exchange Cap does not apply if the average share price exceeds $77.02 per share but will remain in place if this threshold is not met and stockholder approval is not obtained. The Company evaluated this common stock purchase agreement to determine whether they should be accounted for considering the guidance in ASC 815-40, “Derivatives and Hedging - Contracts on an Entity’s Own Equity” (“ASC 815-40”) and concluded that it is an equity-linked contract that does not qualify for equity classification, and therefore requires fair value accounting as a derivative. The Company has analyzed the terms of the freestanding purchased put right and has concluded that it had insignificant value as of December 31, 2024, and September 30, 2025. Under the applicable NASDAQ rules, the Company may not issue to B. Riley Principal Capital II, LLC under the Purchase Agreement more than 956,970 shares of common stock, which number of shares is equal to 19.99% of the common shares outstanding immediately prior to the execution of the Purchase Agreement unless certain exceptions are met (the “Exchange Cap”). The purchase price of the shares of common stock will be determined by reference to the VWAP of the common stock during the applicable purchase date, less a fixed 3% discount to such VWAP. Additionally, B. Riley Principal Capital II, LLC cannot acquire shares that would result in its beneficial ownership exceeding 4.99% of Stardust Power’s outstanding shares. The Exchange Cap does not apply if the average share price exceeds $77.020 per share but will remain in place if this threshold is not met and stockholder approval is not obtained. The Company evaluated this common stock purchase agreement to determine whether they should be accounted for considering the guidance in ASC 815-40, “Derivatives and Hedging - Contracts on an Entity’s Own Equity” (“ASC 815-40”) and concluded that it is an equity-linked contract that does not qualify for equity classification, and therefore requires fair value accounting as a derivative. The Company has analyzed the terms of the freestanding purchased put right and has concluded that it had insignificant value as of December 31, 2024.                              
Purchase Agreement [Member] | Common Stock [Member]                                              
Class of Stock [Line Items]                                              
Issuance of common stock (Note 4)                                     $ 5,582        
Issuance of common stock, shares | shares                               505,271              
Net proceeds                               $ 1,598,008     260,927        
Purchase And Registration Rights Agreement [Member]                                              
Class of Stock [Line Items]                                              
Issuance of common stock, shares | shares             6,369 6,369               505,271              
Share price | $ / shares             $ 78.5 $ 78.5                              
Commitment shares             $ 50,000,000 $ 50,000,000                              
Finance charges               500,000                              
Commitment shares               500,000                              
Net proceeds                               $ 1,598,008              
Make whole obligation                     $ (7,196)         208,247              
Legal fees               75,000                              
Paid upfront               25,000                              
Paid upfront withheld               $ 50,000                              
Commitment shares, description               If B. Riley Principal Capital II, LLC’s resale of the Commitment Shares yields less than $500,000 by specified dates, the Company may need to pay up to $500,000 in cash (the “make-whole obligation”).                              
Reselling shares, description               No cash payment will be made if B. Riley Principal Capital II, LLC’s net proceeds from reselling the shares meet or exceed $500,000.                              
Reselling shares exceed proceeds limit, description               If B. Riley Principal Capital II, LLC’s resale proceeds exceed $500,000, it will pay the Company 50% of the amount above $500,000.                              
Purchase And Registration Rights Agreement [Member] | B Riley [Member]                                              
Class of Stock [Line Items]                                              
Legal fees                             $ 5,000                
Purchase And Registration Rights Agreement [Member] | B Riley [Member]                                              
Class of Stock [Line Items]                                              
Ownership percentage             50.00% 50.00%                              
Purchase And Registration Rights Agreement [Member] | B Riley [Member]                                              
Class of Stock [Line Items]                                              
Commitment shares             $ 227,989 $ 227,989     $ 19,742         19,742     227,989        
Net proceeds               500,000                              
Proceeds from issuance of common stock above               500,000                              
Commitment fee value               500,000                              
Make whole obligation               $ 272,011               $ 480,258     272,011        
Legal fees                         $ 5,000                    
Purchase agreement fully with held                                     $ 50,000        
Purchase price of shares acquired percentage               50.00%                              
Purchase And Registration Rights Agreement [Member] | B Riley [Member] | Minimum [Member]                                              
Class of Stock [Line Items]                                              
Commitment fee value               $ 500,000                              
Purchase And Registration Rights Agreement [Member] | B Riley [Member] | Maximum [Member]                                              
Class of Stock [Line Items]                                              
Commitment fee value               $ 500,000                              
Common Stock Purchase Agreement [Member]                                              
Class of Stock [Line Items]                                              
Issuance of common stock, shares | shares                                     5,582        
Proceeds from Issuance or Sale of Equity                                     $ 260,927        
Warrant Exchange Agreement [Member] | Investor [Member]                                              
Class of Stock [Line Items]                                              
Issuance of common stock, shares | shares         730,689                                    
Description on common stock exchange         Common Stock at an exchange ratio of 1.31 Warrant Shares for 1 share of Common Stock                                    
Warrant Exchange Agreement [Member] | Warrant [Member] | Investor [Member]                                              
Class of Stock [Line Items]                                              
Cash exercise of outstanding warrants | shares         958,400                                    
KMX Licensing Agreements [Member] | Common Stock [Member]                                              
Class of Stock [Line Items]                                              
Issuance of common stock (Note 4)     $ 50,000                                        
Shares reserved for future issuance | shares                                       50,000      
Purchase Agreements [Member]                                              
Class of Stock [Line Items]                                              
Ordinary shares, par value | $ / shares                                     $ 0.0001        
Purchase Agreements [Member] | Common Stock [Member]                                              
Class of Stock [Line Items]                                              
Issuance of common stock, shares | shares     12,850                                        
Purchase Agreements [Member] | Warrant [Member]                                              
Class of Stock [Line Items]                                              
Issuance of common stock, shares | shares     64,251                                        
Cash exercise of outstanding warrants | shares                                     10        
Exercise price | $ / shares                                     $ 115.00        
Purchase Agreements [Member] | Warrant [Member] | Previously Reported [Member]                                              
Class of Stock [Line Items]                                              
Exercise price | $ / shares                                     $ 115.00        
Purchase Agreements [Member] | Warrant [Member] | PIPE Investor [Member]                                              
Class of Stock [Line Items]                                              
Additional proceeds from PIPE investor                   $ 125,000                 $ 425,000        
Purchase Agreements [Member] | Maximum [Member]                                              
Class of Stock [Line Items]                                              
Additional proceeds from PIPE investor                                     $ 550,000        
Restricted Stock Units (RSUs) [Member]                                              
Class of Stock [Line Items]                                              
Common stock, shares issued | shares                                     61,862        
Common stock, shares outstanding | shares                                     61,862        
Common Stock [Member]                                              
Class of Stock [Line Items]                                              
Common stock, shares issued | shares                                     4,773,628        
Common stock, shares outstanding | shares                                     4,773,628        
[1] For Level 3 earnout liability, the Company assesses the fair value of expected earnout liability at each reporting period using the Monte Carlo Method, which is consistent with the initial measurement of the expected earnout consideration. This fair value measurement is considered a Level 3 measurement because the Company estimates projections during the earnout period utilizing various potential pay-out scenarios. The Monte Carlo simulation method repeats a process thousands of times in an attempt to predict all the possible future outcomes. At the end of the simulation, several random trials produce a distribution of outcomes that are then analyzed to determine the average present value of earnout. Change in the fair value of earnout liability is reflected in our unaudited condensed consolidated statements of operations.
[2] For Level 3 earnout liability, the Company assesses the fair value of expected earnout liability at each reporting period using the Monte Carlo Method, which is consistent with the initial measurement of the expected earnout consideration. This fair value measurement is considered a Level 3 measurement because the Company estimates projections during the earnout period utilizing various potential pay-out scenarios. The Monte Carlo simulation method repeats a process thousands of times in an attempt to predict all the possible future outcomes. At the end of the simulation, several random trials produce a distribution of outcomes that are then analyzed to determine the average present value of earnout. Change in the fair value of earnout liability is reflected in our consolidated statements of operations.
[3] Amounts have been adjusted to reflect the 1-for-10 reverse stock split that became effective on September 8, 2025. See Note 2 “Basis of presentation and summary of significant accounting policies” for additional details.