Business Acquisition (Tables)

12 Months Ended

Dec. 31, 2025

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Schedule of Business Combination, Recognized Asset Acquired and Liability Assumed

The following table summarizes the allocation of the purchase price to the identifiable assets acquired and liabilities assumed based on management’s preliminary estimates of fair value as of the acquisition date. These estimates are subject to change during the measurement period (amounts in thousands):

Description (balance sheet line item)	Fair Value
Cash (excludes funds from non FF PIPE Investors)1	$	28,878
Prepaid expenses and other current assets	343
Short term note receivable	4,348
Other receivable	2
Intangibles (in-process R&D)	3,629
Accounts payable and accruals	(1,324)
Warrant Liability	(362)
Promissory Notes	(3,237)
Other liabilities (deferred tax liability)	(907)
Net identifiable assets acquired	31,370
Consideration transferred	30,000
Fair Value of Non-Controlling Interest	31,584
Goodwill2	$	30,214

1	Cash acquired is presented net of approximately $2.2 million in cash transaction-related costs incurred and paid by AIXC in connection with the PIPE.
2	In the quarter ended December 31, 2025, the Company impaired goodwill by $4.5 million. The goodwill balance as of December 31, 2025 is $25.8 million.