v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jul. 31, 2025
Oct. 31, 2024
Current assets:    
Cash and cash equivalents $ 32,623 $ 173,004
Marketable securities - short term 169,290 65,328
Restricted investments 72 72
Investment tax credits receivable 709 332
Prepaid and other current assets 8,618 8,626
Total current assets 211,312 247,362
Marketable securities - long term 23,011 59,527
Property and equipment, net 1,879 1,169
Operating lease right of use asset 7,969 1,741
Other assets 1,379 1,374
Total assets 245,550 311,173
Current liabilities:    
Accounts payable 2,384 1,411
Accrued expenses and other current liabilities 11,117 12,128
Operating lease liabilities, current 1,527 423
Current portion of note payable 5,412 699
Total current liabilities 20,440 14,661
Note payable, net of current portion 17,706 22,473
Operating lease liabilities, net of current portion 6,732 1,427
Liabilities, Total 44,878 38,561
Shareholder's equity:    
Common shares, no par value; unlimited shares authorized, 51,105,807 and 50,976,676 shares issued and outstanding as of July 31, 2025 and October 31, 2024, respectively. 510,164 509,811
Additional paid-in capital 25,869 18,950
Accumulated other comprehensive loss (1,209) (1,419)
Accumulated deficit (334,152) (254,730)
Total shareholder's equity 200,672 272,612
Total liabilities and shareholders' equity $ 245,550 $ 311,173