v3.26.1
Consolidated Statements of Financial Position
$ in Thousands, $ in Thousands
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2024
CAD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2023
CAD ($)
Current          
Cash and cash equivalents $ 9,804 $ 40,073 $ 57,659 $ 16,681 $ 22,067
Short-term investments 17,906 8,475 12,195 13,246 17,520
Sales tax, interest and other receivables 370 435 626 441 583
Prepaid expenses and deposits 3,804 1,760 2,532 112 148
Derivative financial instruments, net       3 4
Total current assets 31,884 50,743 73,012 30,483 40,322
Property and equipment 5 4 5 15 19
Total non-current assets 5 4 5 3,007 3,976
TOTAL ASSETS 31,889 50,747 73,017 33,490 44,298
LIABILITIES          
Accounts payable and accrued liabilities 4,105 3,583 5,155 2,734 3,624
Total current liabilities 4,105 3,583 5,155 2,734 3,624
Total Liabilities 4,105 3,583 5,155 2,734 3,624
SHAREHOLDERS' EQUITY          
Common Shares 85,828 78,131 105,729 47,335 61,916
Pre-Funded Warrants 15,480 19,967 27,622 13,050 17,772
Contributed surplus 10,166 7,900 10,329 6,472 8,503
Accumulated deficit (81,970) (57,097) (75,601) (36,463) (47,502)
Accumulated other comprehensive income/(loss) (1,720) (1,737) (217) 362 (15)
Total shareholders' equity 27,784 47,164 67,862 30,756 40,674
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 31,889 $ 50,747 $ 73,017 33,490 44,298
Intangible asset          
Current          
Assets held for sale       2,961 3,916
Investments          
Current          
Assets held for sale       $ 31 $ 41