Geometrically you are considering germ of singular node at the origin, that is at the singularity. The node is $ N = \textrm{Spec} ( \mathbf{C}[x,y]/(y^{2} - x^{3} - x^{2})) $ and is irreducible affine curve, because polynomial $y^{2} - x^{3} - x^{2}$ is irreducible in polynomial ring $\mathbf{C}[x,y]$. However your germ $X$ is reducible: this is because polynomial $y^{2} - x^{3} - x^{2}$ become reducible in formal powers series ring : $\; y^{2} - x^{3} - x^{2}=(y-x\sqrt{1+x})(y+x\sqrt{1+x})\in \mathbf{C}[[x,y]]$
where $\sqrt{1+x}= 1+\frac{1}{2}x+...$ can be developed by Newton binomial in
$\mathbf{C}[[x,y]]$.
So in scheme sense $X$ contains three points: origin (= singularity )and two generic points of two irreducible components of $N$.
This is very intersting because node remains irreducible in every neighbourhood of origin in affine plane $\textrm{Spec} ( \mathbf{C}[x,y])$ but by going to formal series you obligate curve to split in two components. So intuition should be that going to formal series is strong form of localization.