XML 42 R30.htm IDEA: XBRL DOCUMENT
v3.25.3

Business Combination and Reverse Recapitalization (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Business Combination and Reverse Recapitalization |
Schedule of shares of common stock issued in connection with the Business Combination | ​
​ | ​ | ​
​ |  | Common Stock
Ordinary Shares, outstanding prior to the Business Combination |  | 2,081,432
Less: Redemption of Ordinary Shares |  | (1,434,626)
Ordinary Shares, including 400,000 shares subject to the RiverNorth FPA |  | 646,806
Ordinary Shares from the conversion of Rights |  | 1,380,000
Ordinary Shares held by Mars’ officers and directors, the Sponsor and each transferee of founder shares |  | 2,245,467
Ordinary Shares held by Maxim |  | 276,000
Common Stock issued to holders of ScanTech units |  | 14,184,397
Common Stock Upon the Business Combination |  | 18,732,670
Schedule of number of shares of Common Stock issued in connection with the Business Combination and subsequent equity conversion | ​
​ | ​ | ​
​ |  | Common Stock
Common Stock Upon the Business Combination |  | 18,732,670
Common Stock issued on January 6, 2025 |  | 352,795
Common Stock issued on January 30, 2025 |  | 1,650,000
Common Stock issued on February 18, 2025 |  | 3,772,177
Common Stock issued on March 27, 2025 |  | 1,101,868
Common Stock issued on April 2, 2025 | ​ | 7,654,800
Common Stock issued on April 17, 2025 | ​ | 5,350,000
Common Stock issued on May 7, 2025 | ​ | 1,500,000
Common Stock issued on May 16, 2025 | ​ | 1,050,000
Common Stock issued on May 19, 2025 | ​ | 3,200,000
Common Stock issued on May 21, 2025 | ​ | 1,600,000
Common Stock issued on June 11, 2025 | ​ | 2,298,000
Common Stock issued and outstanding as of June 30, 2025 |  | 48,262,310
Schedule of reconciles elements of the Business Combination to the Company's condensed consolidated financial statements | ​
​ | ​ | ​ | ​
Closing proceeds |  | ​ |
Proceeds from Seaport promissory note |  | ​ | 1,000,000
Proceeds from investors |  | ​ | 2,000,000
Proceeds from trust account | ​ | ​ | 7,273,513
Payments from trust account1 | ​ | ​ | (7,273,513)
Net cash proceeds from the Business Combination at Closing | ​ | $ | 3,000,000
Noncash activity | ​ |  |
Conversion of legacy ScanTech loans into shares | ​ |  | 8,682,434
Conversion of preferred A unit dividend into shares | ​ |  | 29,324,500
Conversion of related party debt into shares (troubled debt restructuring) | ​ | ​ | 54,499,066
Closing costs expensed | ​ | ​ | 6,567,351
Liability-classified instruments | ​ |  |
Shares issued for settlement of derivative liability | ​ |  | 291,015
Shares issued for settlement of warrant liability | ​ |  | 12,387,186
Cash activity | ​ | ​ | ​
Payment of advisory and insurance expense | ​ | ​ | 715,000
Net equity impact of the Business Combination | ​ | $ | 115,466,552
​ | ​ | ​ | ​
Loan borrowed from Seaport | ​ | ​ | (1,000,000)
Loan borrowed from investors | ​ | ​ | (2,000,000)
Total Impact of Business Combination on total -shareholders’ deficit | ​ | ​ | 112,466,552
Par value of common stock issued | ​ | ​ | (1,873)
Total Impact of Business Combination on additional paid-in capital | ​ | $ | 112,464,679
​
(1) | The Mars transaction costs include $375,000 to Benjamin Securities, Inc., $1,499,055 to Polar Mult-Strategy Master Fund, $4,498,111 to RiverNorth SPAC Arbitrage Fund, LP, $100,000 to Continental Stock Transfer & Trust, $440,000 for D&O insurance, and $361,347 to Mars Acquisition Corp.
Schedule of reclassification of related party debt liabilities to additional paid-in capital | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Total Liabilities Extinguished |  | Fair Value of Shares Issued |  | To Additional Paid-in-Capital
NACS |  | $ | 50,059,315 |  | $ | 1,662,340 |  | $ | 48,396,975
Azure |  | ​ | 6,539,742 |  | ​ | 1,658,942 |  | ​ | 4,880,800
Stephen Sale |  | ​ | 817,501 |  | ​ | 56,484 |  | ​ | 761,017
John Quinn |  | ​ | 545,000 |  | ​ | 84,726 |  | ​ | 460,274
Total |  | $ | 57,961,558 |  | $ | 3,462,492 |  | $ | 54,499,066

X
- Definition Tabular disclosure of net equity impact of business combination as part of reverse recapitalization. + References No definition available. + Details
Name: | stai_ScheduleOfNetEquityImpactOfBusinessCombinationAsPartOfReverseRecapitalizationTableTextBlock
Namespace Prefix: | stai_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of equity interest issued or issuable by acquirer as part of consideration transferred in business combination. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479581/805-30-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(4) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479581/805-30-50-1 + Details
Name: | us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionEquityInterestIssuedOrIssuableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information on an original debt issue that has been converted in a noncash (or part noncash) transaction during the accounting period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. The information may be presented entirely or partially in this block of text or in the associated elements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482913/230-10-50-4 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482913/230-10-50-3 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482913/230-10-50-5 + Details
Name: | us-gaap_ScheduleOfDebtConversionsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-2 + Details
Name: | us-gaap_ScheduleOfStockholdersEquityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration