v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Share Capital
Additional paid-in capital
Accumulated deficit
Beginning balance (in shares) at Dec. 31, 2023   298,502,335    
Beginning balance at Dec. 31, 2023 $ 345,296 $ 489,270 $ 19,311 $ (163,285)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issued from financing activities (in shares)   13,064,204    
Issued from financing activities 17,056 $ 17,056    
Shares issued in relation to Granite Creek contingent payments (in shares)   2,727,336    
Shares issued in relation to Granite Creek contingent payments 3,564 $ 3,564    
Issued on exercise of stock options (in shares)   594,800    
Issued on exercise of stock options 586 $ 1,269 (683)  
Share-based compensation 355   355  
Net loss (19,700)     (19,700)
Ending balance (in shares) at Mar. 31, 2024   314,888,675    
Ending balance at Mar. 31, 2024 347,157 $ 511,159 18,983 (182,985)
Beginning balance (in shares) at Dec. 31, 2023   298,502,335    
Beginning balance at Dec. 31, 2023 345,296 $ 489,270 19,311 (163,285)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Shares issued in relation to Granite Creek contingent payments   $ 3,564    
Issued on exercise of stock options (in shares)   904,800    
Issued on exercise of stock options   $ 1,928    
Net loss (60,705)      
Ending balance (in shares) at Jun. 30, 2024   384,896,725    
Ending balance at Jun. 30, 2024 377,158 $ 582,361 18,787 (223,990)
Beginning balance (in shares) at Mar. 31, 2024   314,888,675    
Beginning balance at Mar. 31, 2024 347,157 $ 511,159 18,983 (182,985)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issued from financing activities (in shares)   69,698,050    
Issued from financing activities 70,543 $ 70,543    
Issued on exercise of stock options (in shares)   310,000    
Issued on exercise of stock options 309 $ 659 (350)  
Share-based compensation 154   154  
Net loss (41,005)     (41,005)
Ending balance (in shares) at Jun. 30, 2024   384,896,725    
Ending balance at Jun. 30, 2024 $ 377,158 $ 582,361 18,787 (223,990)
Beginning balance (in shares) at Dec. 31, 2024 409,786,957 409,786,957    
Beginning balance at Dec. 31, 2024 $ 340,664 $ 606,505 18,977 (284,818)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issued from financing activities (in shares)   33,551,854    
Issued from financing activities 18,441 $ 18,441    
Issued on exercise of stock options (in shares)   20,000    
Issued on exercise of stock options 9 $ 52 (43)  
Share-based compensation 49   49  
Net loss (41,205)     (41,205)
Ending balance (in shares) at Mar. 31, 2025   443,358,811    
Ending balance at Mar. 31, 2025 $ 317,958 $ 624,998 18,983 (326,023)
Beginning balance (in shares) at Dec. 31, 2024 409,786,957 409,786,957    
Beginning balance at Dec. 31, 2024 $ 340,664 $ 606,505 18,977 (284,818)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issued on exercise of stock options (in shares)   20,000    
Issued on exercise of stock options   $ 52    
Net loss $ (71,420)      
Ending balance (in shares) at Jun. 30, 2025 814,697,291 814,697,291    
Ending balance at Jun. 30, 2025 $ 463,540 $ 790,183 29,595 (356,238)
Beginning balance (in shares) at Mar. 31, 2025   443,358,811    
Beginning balance at Mar. 31, 2025 317,958 $ 624,998 18,983 (326,023)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issued from financing activities (in shares)   371,000,000    
Issued from financing activities 175,465 $ 164,948 10,517  
Issued on exercise of stock options and settlement of deferred share units (in shares)   338,480    
Issued on exercise of stock options and settlement of deferred share units 237 $ 237    
Share-based compensation 95   95  
Net loss $ (30,215)     (30,215)
Ending balance (in shares) at Jun. 30, 2025 814,697,291 814,697,291    
Ending balance at Jun. 30, 2025 $ 463,540 $ 790,183 $ 29,595 $ (356,238)