v3.25.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 152,938 $ 172,677
Accrued interest receivable 480 700
Income tax receivable 158 158
Prepaid expenses and other current assets 1,313 1,032
Total current assets 154,889 174,567
Property and equipment, net 23,793 24,526
Total assets 178,682 199,093
Current liabilities:    
Accounts payable 1,431 2,223
Accrued expenses 2,410 2,632
Income tax payable 16 0
Total current liabilities 3,857 15,105
Long-term liabilities:    
Income tax payable 1,761 1,720
Total liabilities 5,618 16,825
Shareholders’ equity:    
Preferred stock, no par value, unlimited shares authorized, no shares outstanding 0 0
Common stock, no par value, unlimited shares authorized, 30,487,731 shares issued and outstanding at June 30, 2025 and December 31, 2024 276,541 273,105
Accumulated deficit (103,477) (90,837)
Total shareholders’ equity 173,064 182,268
Total liabilities and shareholders’ equity 178,682 199,093
Related Party [Member]    
Current liabilities:    
Convertible loan, related party 0 10,000
Nonrelated Party [Member]    
Current liabilities:    
Convertible loan, related party $ 0 $ 250