v3.25.2
Consolidated statements of Changes in Shareholders' equity - USD ($)
$ in Thousands
Total
Ordinary Shares
Additional Paid-in Capital
Accumulated Other Comprehensive Income
Accumulated Deficit
Beginning balance at Dec. 31, 2023 $ 21,993 $ 8,847 $ 455,765 $ (10,725) $ (431,894)
Beginning balance, Shares at Dec. 31, 2023   118,846,966      
Net loss (2,312)       (2,312)
Foreign currency translation adjustments (net of tax) (57)     (57)  
Recognition of share-based payments 4,118   4,118    
Options exercised in the period     (992)   992
Options exercised in the period, Shares   512,322      
Proceeds from shares issued 133,020 $ 1,316 131,704    
Proceeds from shares issued, Shares   20,368,665      
Ending balance at Mar. 31, 2024 156,762 $ 10,163 590,595 (10,782) (433,214)
Ending balance, Shares at Mar. 31, 2024   139,727,953      
Beginning balance at Dec. 31, 2023 21,993 $ 8,847 455,765 (10,725) (431,894)
Beginning balance, Shares at Dec. 31, 2023   118,846,966      
Net loss (22,067)        
Foreign currency translation adjustments (net of tax) 129        
Ending balance at Jun. 30, 2024 142,527 $ 10,205 594,477 (10,596) (451,559)
Ending balance, Shares at Jun. 30, 2024   140,393,470      
Beginning balance at Dec. 31, 2023 $ 21,993 $ 8,847 455,765 (10,725) (431,894)
Beginning balance, Shares at Dec. 31, 2023   118,846,966      
Proceeds from shares issued, Shares 21,418,665        
Ending balance at Dec. 31, 2024 $ 134,023 $ 10,288 609,560 (11,780) (474,045)
Ending balance, Shares at Dec. 31, 2024   141,674,074      
Beginning balance at Mar. 31, 2024 156,762 $ 10,163 590,595 (10,782) (433,214)
Beginning balance, Shares at Mar. 31, 2024   139,727,953      
Net loss (19,755)       (19,755)
Foreign currency translation adjustments (net of tax) 186     186  
Recognition of share-based payments 4,141   4,141    
Options exercised in the period     (1,410)   1,410
Options exercised in the period, Shares   665,517      
Proceeds from shares issued 1,193 $ 42 1,151    
Ending balance at Jun. 30, 2024 142,527 $ 10,205 594,477 (10,596) (451,559)
Ending balance, Shares at Jun. 30, 2024   140,393,470      
Beginning balance at Dec. 31, 2024 134,023 $ 10,288 609,560 (11,780) (474,045)
Beginning balance, Shares at Dec. 31, 2024   141,674,074      
Net loss (28,530)       (28,530)
Foreign currency translation adjustments (net of tax) 3,696     3,696  
Recognition of share-based payments 3,540   3,540    
Options exercised in the period     (39)   39
Options exercised in the period, Shares   16,776      
Proceeds from shares issued 14 $ 1 13    
Ending balance at Mar. 31, 2025 112,743 $ 10,289 613,074 (8,084) (502,536)
Ending balance, Shares at Mar. 31, 2025   141,690,850      
Beginning balance at Dec. 31, 2024 134,023 $ 10,288 609,560 (11,780) (474,045)
Beginning balance, Shares at Dec. 31, 2024   141,674,074      
Net loss (55,884)        
Foreign currency translation adjustments (net of tax) 10,376        
Ending balance at Jun. 30, 2025 94,155 $ 10,290 615,113 (1,404) (529,844)
Ending balance, Shares at Jun. 30, 2025   141,701,848      
Beginning balance at Mar. 31, 2025 112,743 $ 10,289 613,074 (8,084) (502,536)
Beginning balance, Shares at Mar. 31, 2025   141,690,850      
Net loss (27,354)       (27,354)
Foreign currency translation adjustments (net of tax) 6,680     6,680  
Recognition of share-based payments 2,085   2,085    
Options exercised in the period     (46)   46
Options exercised in the period, Shares   10,998      
Proceeds from shares issued 1 $ 1      
Ending balance at Jun. 30, 2025 $ 94,155 $ 10,290 $ 615,113 $ (1,404) $ (529,844)
Ending balance, Shares at Jun. 30, 2025   141,701,848