| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Restricted cash | NaN | 149,885,332 | NaN | NaN |
| Accounts receivable | NaN | 45,000 | NaN | NaN |
| Prepaid expenses, current | NaN | 1,863,216 | NaN | 224,651 |
| Cash | NaN | 19,973,574 | NaN | 1,003,946 |
| Cash and cash equivalents | 25,964,000 | 25,002,553 | NaN | NaN |
| Other current assets | NaN | 257,389 | NaN | NaN |
| Prepaid expenses and other assets, current | 1,620,000 | NaN | NaN | NaN |
| Total current assets | 27,584,000 | 197,027,064 | NaN | 1,228,597 |
| Digital assets | 372,277,000 | 441,791,316 | NaN | NaN |
| Right-of-use asset | 1,029,000 | NaN | NaN | NaN |
| Total | 239,000 | 84,582 | NaN | NaN |
| Less accumulated depreciation | 71,000 | 32,469 | NaN | NaN |
| Fixed assets, net | 168,000 | 52,113 | NaN | NaN |
| Deposits | 82,000 | NaN | NaN | NaN |
| Prepaid expenses, non-current | 365,000 | 16,250 | NaN | 124,551 |
| Marketable securities held in trust account | NaN | NaN | NaN | 251,199,623 |
| Deferred offering costs | NaN | NaN | NaN | 0 |
| Total assets | 401,505,000 | 638,886,743 | 0 | 252,552,771 |
| Promissory note - related party-Related Party | NaN | NaN | NaN | 0 |
| Accounts payable and accrued expenses | 1,684,000 | 1,829,984 | 120,374 | NaN |
| Accrued expenses | NaN | NaN | NaN | 579,443 |
| Derivative securities liabilities | NaN | 428,236 | NaN | NaN |
| Lease liability, current | 241,000 | NaN | NaN | NaN |
| Accrued offering expenses | NaN | NaN | NaN | 85,000 |
| Promissory note, related party | NaN | NaN | 209,097 | NaN |
| Deferred revenue | NaN | 1,000 | NaN | NaN |
| Income tax payable | 193,000 | NaN | NaN | NaN |
| Total current liabilities | 2,118,000 | 2,259,220 | 329,471 | 664,443 |
| Lease liability, non-current | 812,000 | NaN | NaN | NaN |
| Conversion feature liability - convertible notes | 131,000 | 2,278,940 | NaN | NaN |
| Deferred legal fee | NaN | NaN | NaN | 12,271 |
| Convertible notes, net | 91,496,000 | 214,171,908 | NaN | NaN |
| Total liabilities | 94,557,000 | 218,710,068 | 329,471 | 676,714 |
| Common stock 0.001 par value 550,000,000 authorized shares 85,563,025 shares issued and 82,056,573 shares outstanding as of march 31, 2026, 85,166,604 shares issued and 84,327,208 shares outstanding as of december 31, 2025 | 85,000 | 85,167 | NaN | NaN |
| Treasury stock, at cost 3,506,452 shares and 839,396 shares as of march 31, 2026 and december 31, 2025, respectively | 10,845,000 | 2,846,627 | NaN | NaN |
| Additional paid-in capital | 454,443,000 | 451,913,639 | NaN | NaN |
| Accumulated deficit | -136,735,000 | -28,975,504 | -329,471 | NaN |
| Class a ordinary shares subject to possible redemption, 25,000,000 shares at a redemption value of 10.05 and 0 per share at june 30, 2025 and december 31, 2024, respectively-Common Class A | NaN | NaN | NaN | 251,199,623 |
| Total stockholders equity | 306,948,000 | 420,176,675 | -329,471 | NaN |
| Total liabilities and stockholders equity | 401,505,000 | 638,886,743 | 0 | 252,552,771 |
ProCap Financial, Inc. (BRR)
ProCap Financial, Inc. (BRR)