v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 125,551 $ 172,677
Accrued interest receivable 360 700
Income tax receivable 0 158
Prepaid expenses and other current assets 1,042 1,032
Total current assets 126,953 174,567
Property and equipment, net 23,129 24,526
Total assets 150,082 199,093
Current liabilities:    
Accounts payable 1,535 2,223
Accrued expenses 6,318 2,632
Income tax payable 76 0
Total current liabilities 7,929 15,105
Long-term liabilities:    
Income tax payable 1,798 1,720
Deferred tax liability 5 0
Total liabilities 9,732 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 share issued and outstanding at December 31, 2025 and December 31, 2024 276,727 273,105
Accumulated deficit (136,377) (90,837)
Total shareholders’ equity 140,350 182,268
Total liabilities and shareholders’ equity 150,082 199,093
Related Party [Member]    
Current liabilities:    
Convertible loan 0 10,000
Nonrelated Party [Member]    
Current liabilities:    
Convertible loan $ 0 $ 250