Notes Receivable, Related Party	9 Months Ended
Sep. 30, 2025
Notes Receivable, Related Party [Abstract]
Notes Receivable, Related Party	Note 7 — Notes Receivable, Related Party During 2025 the Company entered into seven unsecured promissory notes with the voting member of the Company in the aggregate amount of $2,695,201 (the “2025 Related Party Notes”) such that the voting member of the Company in his individual capacity could make a foreign direct investment for the benefit of the Company. The 2025 Related Party Notes are non-interest bearing and mature on the earlier of (a) the Closing or (b) December 31, 2025. For the three and nine months ended September 30, 2025 an allowance for credit losses of $100,000 and $1,347,600, respectively, related to all outstanding notes receivable, related party were included in the accompanying condensed consolidated statements of operations and comprehensive loss. For the three months ended September 30, 2024 and for the period from February 8, 2024 (inception) to September 30, 2024, an allowance for credit losses of $750,000 and $1,250,000 related to all outstanding notes receivable, related party was included in the accompanying condensed consolidated statements of operations and comprehensive loss.

Notes Receivable, Related Party

9 Months Ended

Sep. 30, 2025

Notes Receivable, Related Party [Abstract]

Note 7 — Notes Receivable, Related Party

During 2025 the Company entered into seven unsecured promissory notes with the voting member of the Company in the aggregate amount of $2,695,201 (the “2025 Related Party Notes”) such that the voting member of the Company in his individual capacity could make a foreign direct investment for the benefit of the Company. The 2025 Related Party Notes are non-interest bearing and mature on the earlier of (a) the Closing or (b) December 31, 2025.

For the three and nine months ended September 30, 2025 an allowance for credit losses of $100,000 and $1,347,600, respectively, related to all outstanding notes receivable, related party were included in the accompanying condensed consolidated statements of operations and comprehensive loss. For the three months ended September 30, 2024 and for the period from February 8, 2024 (inception) to September 30, 2024, an allowance for credit losses of $750,000 and $1,250,000 related to all outstanding notes receivable, related party was included in the accompanying condensed consolidated statements of operations and comprehensive loss.

Evolution Metals LLC 10-Q