v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Ordinary shares [Member]
Additional Paid-In Capital [Member]
Accumulated deficit [Member]
Total
Balance at Dec. 31, 2023 $ 774 $ 258,173 $ (220,303) $ 38,644
Balance, shares at Dec. 31, 2023 [1] 2,785,787      
Income (loss) for the period $ 0 [1]   (4,368) (4,368)
Share-based compensation 0 [1] 626   626
Balance at Jun. 30, 2024 $ 774 258,799 (224,671) 34,902
Balance, shares at Jun. 30, 2024 [1] 2,785,787      
Balance at Mar. 31, 2024 $ 774 258,524 (226,647) 32,651
Balance, shares at Mar. 31, 2024 [1] 2,785,787      
Income (loss) for the period $ 0 [1]   1,976 1,976
Share-based compensation 0 [1] 275 0 275
Balance at Jun. 30, 2024 $ 774 258,799 (224,671) 34,902
Balance, shares at Jun. 30, 2024 [1] 2,785,787      
Balance at Dec. 31, 2024 $ 774 258,959 (230,883) $ 28,850
Balance, shares at Dec. 31, 2024 2,785,787 [1]     2,785,787
Income (loss) for the period $ 0 [1] 0 2,802 $ 2,802
Share-based compensation 0 [1] 230 0 230
Balance at Jun. 30, 2025 $ 774 259,189 (228,081) $ 31,882
Balance, shares at Jun. 30, 2025 2,785,787 [1]     2,785,787
Balance at Mar. 31, 2025 $ 774 259,089 (239,691) $ 20,172
Balance, shares at Mar. 31, 2025 [1] 2,785,787      
Income (loss) for the period $ 0 [1] 0 11,610 11,610
Share-based compensation 0 [1] 100 0 100
Balance at Jun. 30, 2025 $ 774 $ 259,189 $ (228,081) $ 31,882
Balance, shares at Jun. 30, 2025 2,785,787 [1]     2,785,787
[1] All share amounts have been retroactively adjusted to reflect a 1-for-10 reverse share split. For additional information see note 6a.