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Balance Sheet - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Aggregate unrestricted cash balance $ 27,739,256 $ 3,021,795
Short-term prepaid insurance 466,050 270,091
Total current assets 28,205,306 3,291,886
Total assets 31,657,231 5,331,604
Current Liabilities    
Total current liabilities 7,187,434 1,104,170
Total liabilities 38,016,326 18,822,156
Commitments and Contingencies (Note 16)
Stockholders' deficit    
Preferred shares, $0.001 par value; 4,000,000 authorized shares; 137,672 shares issued and outstanding as of December 31, 2024 and 2023 201 138
Common shares, $0.001 par value; 6,000,000 authorized shares; 738,331 and 675,281 shares issued and outstanding as of December 31, 2024 and 2023, respectively 738 738
Additional paid-in capital 111,927,736 82,779,088
Accumulated deficit (118,388,467) (96,608,242)
Total stockholders' deficit (6,359,095) (13,490,552)
Total liabilities and stockholders' deficit 31,657,231 5,331,604
HCM II Acquisition Corp    
Current assets    
Aggregate unrestricted cash balance   668,089
Other receivable   41,250
Due from Sponsor 4,466 4,466
Short-term prepaid insurance 75,208 90,250
Prepaid expenses 31,594 16,112
Total current assets 461,657 820,167
Long-term prepaid insurance   52,646
Marketable securities held in Trust Account 242,642,972 235,193,585
Total assets 243,104,629 236,066,398
Current Liabilities    
Accrued expenses 3,539,988 458,624
Total current liabilities 4,277,990 458,624
Deferred underwriting fee 10,720,000 10,720,000
Total liabilities 14,997,990 11,178,624
Commitments and Contingencies (Note 16)
Class A ordinary shares subject to possible redemption, 23,000,000 shares at redemption value of $10.55 and $10.23 per share at September 30, 2025 and December 31, 2024, respectively 242,642,972 235,193,585
Stockholders' deficit    
Preferred shares, $0.001 par value; 4,000,000 authorized shares; 137,672 shares issued and outstanding as of December 31, 2024 and 2023
Additional paid-in capital
Accumulated deficit (14,536,908) (10,306,386)
Total stockholders' deficit (14,536,333) (10,305,811)
Total liabilities and stockholders' deficit 243,104,629 236,066,398
HCM II Acquisition Corp | Class A Ordinary Shares    
Stockholders' deficit    
Common shares, $0.001 par value; 6,000,000 authorized shares; 738,331 and 675,281 shares issued and outstanding as of December 31, 2024 and 2023, respectively
HCM II Acquisition Corp | Class B Ordinary Shares    
Stockholders' deficit    
Common shares, $0.001 par value; 6,000,000 authorized shares; 738,331 and 675,281 shares issued and outstanding as of December 31, 2024 and 2023, respectively $ 575 $ 575