v3.25.4
STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
At-the-Market
Common shares
At-the-Market
Additional Paid-In Capital
At-the-Market
Public offering
Common shares
Public offering
Additional Paid-In Capital
Public offering
Common shares
Additional Paid-In Capital
Accumulated Deficit
Total
Balance at the beginning at Dec. 31, 2023             $ 0 [1] $ 66,446 $ (54,245) $ 12,201
Balance at the beginning (in shares) at Dec. 31, 2023             17,418,886      
CHANGES IN REDEEMABLE CONVERTIBLE PREFERRED SHARES AND SHAREHOLDERS' EQUITY (DEFICIT)                    
Issuance of restricted share awards (in shares)             572,527      
Issuance of common shares, net of offering costs   $ 11,654 $ 11,654              
Issuance of common shares, net of offering costs (in shares) 1,504,270                  
Share-based payments               4,858   4,858
Net Income (Loss)                 (19,000) (19,000)
Balance at the end at Dec. 31, 2024             $ 0 [1] 82,958 (73,245) $ 9,713
Balance at the end (in shares) at Dec. 31, 2024             19,495,683     19,495,683
CHANGES IN REDEEMABLE CONVERTIBLE PREFERRED SHARES AND SHAREHOLDERS' EQUITY (DEFICIT)                    
Issuance of restricted share awards (in shares)             1,080,087      
Issuance of common shares, net of offering costs   $ 15,137 $ 15,137   $ 13,973 $ 13,973        
Issuance of common shares, net of offering costs (in shares) 1,996,028   1,996,028 3,105,000            
Share-based payments               6,032   $ 6,032
Net Income (Loss)                 (26,442) (26,442)
Balance at the end at Dec. 31, 2025             $ 0 [1] $ 118,100 $ (99,687) $ 18,413
Balance at the end (in shares) at Dec. 31, 2025             25,676,798     25,676,798
[1] Represent amount lower than $1,000 USD.