v3.25.2
Condensed Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Loss [Member]
Accumulated Other Comprehensive Income [Member]
Beginning Balance at Dec. 31, 2023 $ 288,393 $ 10,173 $ 590,771 $ (316,973) $ 4,422
Beginning Balance, shares at Dec. 31, 2023   82,469,768      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of ordinary shares and pre-funded warrants 189,966 $ 759 189,207    
Stock issuance of ordinary shares and pre-funded warrants, shares   5,871,909      
Exercise of warrants 19,795 $ 121 19,674    
Exercise of warrants, shares   926,698      
Exercise of stock options (549) $ 60 (609)    
Exercise of stock options, shares   452,461      
Share-based compensation 7,965   7,965    
Total profit or loss and comprehensive loss for the period (93,767)     (93,767)  
Ending Balance at Mar. 31, 2024 411,803 $ 11,113 807,008 (410,740) 4,422
Ending Balance, shares at Mar. 31, 2024   89,720,836      
Beginning Balance at Dec. 31, 2023 288,393 $ 10,173 590,771 (316,973) 4,422
Beginning Balance, shares at Dec. 31, 2023   82,469,768      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Total profit or loss and comprehensive loss for the period (132,774)        
Ending Balance at Jun. 30, 2024 387,439 $ 11,151 821,613 (449,747) 4,422
Ending Balance, shares at Jun. 30, 2024   90,015,357      
Beginning Balance at Mar. 31, 2024 411,803 $ 11,113 807,008 (410,740) 4,422
Beginning Balance, shares at Mar. 31, 2024   89,720,836      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Exercise of warrants 6,306 $ 38 6,268    
Exercise of warrants, shares   294,521      
Share-based compensation 8,337   8,337    
Total profit or loss and comprehensive loss for the period (39,007)     (39,007)  
Ending Balance at Jun. 30, 2024 387,439 $ 11,151 821,613 (449,747) 4,422
Ending Balance, shares at Jun. 30, 2024   90,015,357      
Beginning Balance at Dec. 31, 2024 757,500 $ 13,444 1,298,160 (558,571) 4,467
Beginning Balance, shares at Dec. 31, 2024   108,064,340      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of Earnout Shares 40,807 $ 226 40,581    
Issuance of Earnout Shares, shares   1,743,136      
Exercise of Pre-Funded Warrants   $ 162 (162)    
Exercise of Pre-Funded Warrants,Shares   1,293,938      
Exercise of warrants 412 $ 2 410    
Exercise of warrants, shares   15,942      
Exercise of stock options 2,991 $ 116 2,875    
Exercise of stock options, shares   909,140      
Vesting of RSUs   $ 18 (18)    
Vesting of RSUs, shares   142,795      
Share-based compensation 15,213   15,213    
Total profit or loss and comprehensive loss for the period (39,560)     (39,527) (33)
Ending Balance at Mar. 31, 2025 777,363 $ 13,968 1,357,059 (598,098) 4,434
Ending Balance, shares at Mar. 31, 2025   112,169,291      
Beginning Balance at Dec. 31, 2024 $ 757,500 $ 13,444 1,298,160 (558,571) 4,467
Beginning Balance, shares at Dec. 31, 2024   108,064,340      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Exercise of stock options, shares 1,249,457        
Total profit or loss and comprehensive loss for the period $ (57,031)        
Ending Balance at Jun. 30, 2025 778,497 $ 14,014 1,375,618 (615,462) 4,327
Ending Balance, shares at Jun. 30, 2025   112,509,914      
Beginning Balance at Mar. 31, 2025 777,363 $ 13,968 1,357,059 (598,098) 4,434
Beginning Balance, shares at Mar. 31, 2025   112,169,291      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Exercise of warrants 2   2    
Exercise of warrants, shares   100      
Exercise of stock options 3,424 $ 46 3,378    
Exercise of stock options, shares   340,317      
Vesting of RSUs, shares   206      
Share-based compensation 15,179   15,179    
Total profit or loss and comprehensive loss for the period (17,471)     (17,364) (107)
Ending Balance at Jun. 30, 2025 $ 778,497 $ 14,014 $ 1,375,618 $ (615,462) $ 4,327
Ending Balance, shares at Jun. 30, 2025   112,509,914