| Balance Sheets | 2026-03-31 | 2025-12-31 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 84,674,000 | NaN | ||
| Available-for-sale securities, current | 358,866,000 | NaN | ||
| Accounts receivable | 6,858,000 | NaN | ||
| Unbilled receivables | 4,979,000 | NaN | ||
| Inventories | 4,869,000 | NaN | ||
| Cash | NaN | 702,154 | ||
| Prepaid expenses | NaN | 46,000 | ||
| Prepaid insurance | NaN | 321,429 | ||
| Prepaid expenses and other current assets | 4,630,000 | NaN | ||
| Total current assets | 464,876,000 | 1,069,583 | ||
| Property and equipment, net | 8,045,000 | NaN | ||
| Operating lease right-of-use assets | 4,680,000 | NaN | ||
| Deferred offering costs | NaN | 0 | ||
| Available-for-sale securities, non-current | 125,117,000 | NaN | ||
| Prepaid insurance- long term | NaN | 107,143 | ||
| Goodwill | 9,315,000 | NaN | ||
| Cash and marketable securities held in trust account | NaN | 423,689,503 | ||
| Other assets | 578,000 | NaN | ||
| Total assets | 612,611,000 | 424,866,229 | ||
| Accounts payable | 3,718,000 | NaN | ||
| Accrued liabilities | 9,803,000 | 80,223 | ||
| Accrued offering costs | NaN | 85,000 | ||
| Contract liabilities | 8,942,000 | NaN | ||
| Promissory note-related party | NaN | 0 | ||
| Current portion of operating lease right-of-use liabilities | 1,088,000 | NaN | ||
| Subscription agreement liability | NaN | 75,630,352 | ||
| Deferred consideration payable, current | 0 | NaN | ||
| Total current liabilities | 23,551,000 | 75,795,575 | ||
| Deferred underwriting fee payable | NaN | 3,000,000 | ||
| Operating lease liabilities, net of current portion | 3,805,000 | NaN | ||
| Total liabilities | 27,356,000 | 78,795,575 | ||
| Temporary equity, carrying amount, attributable to parent-Series Seed Preferred Stock | 0 | NaN | ||
| Temporary equity, carrying amount, attributable to parent-Series Seed Ii Preferred Stock | 0 | NaN | ||
| Temporary equity, carrying amount, attributable to parent-Series APreferred Stock | 0 | NaN | ||
| Temporary equity, carrying amount, attributable to parent-Series BPreferred Stock | 0 | NaN | ||
| Temporary equity, carrying amount, attributable to parent-Series B1Preferred Stock | 0 | NaN | ||
| Temporary equity, carrying amount, attributable to parent-Series CPreferred Stock | 0 | NaN | ||
| 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 | NaN | 423,689,503 | ||
| Temporary equity, carrying amount, attributable to parent-Series C1Preferred Stock | 0 | NaN | ||
| Common stock-Common Class A | NaN | 30 | ||
| Temporary equity, carrying amount, attributable to parent | 0 | NaN | ||
| Common stock-Common Class B | NaN | 1,036 | ||
| Common stock | 22,000 | NaN | ||
| Additional paid-in capital | 846,657,000 | 0 | ||
| Accumulated deficit | -261,349,000 | -77,619,915 | ||
| Accumulated other comprehensive (loss) income | -75,000 | NaN | ||
| Total stockholders' equity (deficit) | 585,255,000 | -77,618,849 | ||
| Total liabilities, convertible redeemable preferred stock and stockholders' equity (deficit) | 612,611,000 | 424,866,229 | ||
Infleqtion, Inc. (INFQ-WT)
Infleqtion, Inc. (INFQ-WT)