| Balance Sheets | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 59,285,000 | 84,674,000 | - | - |
| Available-for-sale securities, current | 417,673,000 | 358,866,000 | - | - |
| Accounts receivable | 5,413,000 | 6,858,000 | - | - |
| Unbilled receivables | 3,478,000 | 4,979,000 | - | - |
| Inventories | 5,834,000 | 4,869,000 | - | - |
| Cash | - | - | 702,154 | 1,135,562 |
| Prepaid expenses | - | - | 46,000 | 71,705 |
| Prepaid insurance | - | - | 321,429 | 321,429 |
| Prepaid expenses and other current assets | 8,666,000 | 4,630,000 | - | - |
| Total current assets | 500,349,000 | 464,876,000 | 1,069,583 | 1,528,696 |
| Property and equipment, net | 8,684,000 | 8,045,000 | - | - |
| Operating lease right-of-use assets | 13,709,000 | 4,680,000 | - | - |
| Deferred offering costs | - | - | 0 | 0 |
| Available-for-sale securities, non-current | 104,780,000 | 125,117,000 | - | - |
| Prepaid insurance- long term | - | - | 107,143 | 187,500 |
| Goodwill | 9,315,000 | 9,315,000 | - | - |
| Cash and marketable securities held in trust account | - | - | 423,689,503 | 419,552,466 |
| Other assets | 4,617,000 | 578,000 | - | - |
| Total assets | 641,454,000 | 612,611,000 | 424,866,229 | 421,268,662 |
| Accounts payable | 3,650,000 | 3,718,000 | - | - |
| Accrued liabilities | 46,306,000 | 9,803,000 | 80,223 | 67,450 |
| Accrued offering costs | - | - | 85,000 | 85,000 |
| Contract liabilities | 2,588,000 | 8,942,000 | - | - |
| Promissory note-related party | - | - | 0 | 0 |
| Current portion of operating lease liabilities | 1,002,000 | 1,088,000 | - | - |
| Subscription agreement liability | - | - | 75,630,352 | 36,544,215 |
| Deferred consideration payable, current | 0 | 0 | - | - |
| Total current liabilities | 53,546,000 | 23,551,000 | 75,795,575 | 36,696,665 |
| Deferred underwriting fee payable | - | - | 3,000,000 | 3,000,000 |
| Operating lease liabilities, net of current portion | 13,525,000 | 3,805,000 | - | - |
| Total liabilities | 67,071,000 | 27,356,000 | 78,795,575 | 39,696,665 |
| Total convertible redeemable preferred stock-Series Seed Preferred Stock | 0 | 0 | - | - |
| Total convertible redeemable preferred stock-Series Seed Ii Preferred Stock | 0 | 0 | - | - |
| Total convertible redeemable preferred stock-Series APreferred Stock | 0 | 0 | - | - |
| Total convertible redeemable preferred stock-Series BPreferred Stock | 0 | 0 | - | - |
| Total convertible redeemable preferred stock-Series B1Preferred Stock | 0 | 0 | - | - |
| Total convertible redeemable preferred stock-Series CPreferred Stock | 0 | 0 | - | - |
| Classa ordinary shares subject to possible redemption, 41,400,000 and 0 shares at redemption value of 10.23 per share and 0 at december31, 2025 and 2024, respectively | - | - | 423,689,503 | 419,552,466 |
| Total convertible redeemable preferred stock-Series C1Preferred Stock | 0 | 0 | - | - |
| Common stock-Common Class A | - | - | 30 | 30 |
| Total convertible redeemable preferred stock | 0 | 0 | - | - |
| Common stock-Common Class B | - | - | 1,036 | 1,036 |
| Common stock 0.0001 par value per share 1,400,000,000 shares authorized 224,681,185 and 17,449,020 shares issued and outstanding as of june 30, 2026 and december 31, 2025, respectively | 23,000 | 22,000 | - | - |
| Additional paid-in capital | 862,681,000 | 846,657,000 | 0 | 0 |
| Accumulated deficit | -287,910,000 | -261,349,000 | -77,619,915 | -37,981,535 |
| Accumulated other comprehensive income (loss) | -411,000 | -75,000 | - | - |
| Total stockholders' equity (deficit) | 574,383,000 | 585,255,000 | -77,618,849 | -37,980,469 |
| Total liabilities, convertible redeemable preferred stock and stockholders equity (deficit) | 641,454,000 | 612,611,000 | 424,866,229 | 421,268,662 |
Infleqtion, Inc. (INFQ-WT)
Infleqtion, Inc. (INFQ-WT)