v3.26.1
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Total
Total
Share Capital
Equity Reserves, Contributed Surplus
Equity Reserves, Foreign Exchange
Retained Earnings
Non-controlling interest
Beginning balance (in shares) at Dec. 31, 2023     102,747,558        
Beginning balance at Dec. 31, 2023 $ 809,331 $ 804,250 $ 271,336 $ 8,497 $ (25,113) $ 549,530 $ 5,081
Income (loss) for the year (67,790) (68,475)       (68,475) 685
Other comprehensive loss for the year (165,027) (163,540)     (163,540)   (1,487)
Comprehensive income (loss) (232,817) (232,015)     (163,540) (68,475) (802)
Shares issued for: Exercise of options and warrants (in shares)     551,818        
Shares issued for: Exercise of options and warrants 8,358 8,358 $ 11,606 (3,248)      
Settlement of restricted share units (in shares)     101,655        
Settlement of restricted share units (906) (906) $ 1,492 (2,398)      
Settlement of performance share units (in shares)     154,180        
Settlement of performance share units 2,114 2,114 $ 2,114        
Share-based compensation 5,330 5,330   5,330      
Dividends to non-controlling interest (336)           (336)
Ending balance (in shares) at Dec. 31, 2024     103,555,211        
Ending balance at Dec. 31, 2024 591,074 587,131 $ 286,548 8,181 (188,653) 481,055 3,943
Income (loss) for the year 266,906 263,723       263,723 3,183
Other comprehensive loss for the year 74,289 73,583     73,583   706
Comprehensive income (loss) 341,195 337,306     73,583 263,723 3,889
Shares issued for: Exercise of options and warrants (in shares)     541,413        
Shares issued for: Exercise of options and warrants 7,249 7,249 $ 10,520 (3,271)      
Settlement of restricted share units (in shares)     89,852        
Settlement of restricted share units (892) (892) $ 1,344 (2,236)      
Settlement of performance share units (in shares)     5,812        
Settlement of performance share units 78 78 $ 78        
Share-based compensation 4,661 4,661   4,661      
Dividends to non-controlling interest (5,503)           (5,503)
Ending balance (in shares) at Dec. 31, 2025     104,192,288        
Ending balance at Dec. 31, 2025 $ 937,862 $ 935,533 $ 298,490 $ 7,335 $ (115,070) $ 744,778 $ 2,329