v3.26.1
Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash $ 22,521 $ 445
Amounts receivable (Note 18) 2,088 3,367
Contract asset 2,640
Prepaid expenses 1,056 536
Current assets 25,665 6,988
Prepaid expenses 478 17
Property and equipment (Note 5) 3,055 2,911
Intangible assets (Note 6) 1,123 847
Right of use assets (Note 7) 543 401
Investment (Note 8) 862 776
Total assets 31,726 11,940
Current liabilities:    
Accounts payable and accrued liabilities (Note 9) 2,268 4,826
Bank loan (Note 10(a)) 32
Current portion of government loans (Note 10(d)) 132
Loan payable (Note 10(b)) 299 97
Lease obligations (Note 11) 280 340
Contract liability 2,186 2,022
Income taxes payable 50 24
Current liabilities 5,083 7,473
Defined benefit plan (Note 12) 289
Long-term project financing (Note 10(c)) 175 167
Long-term government loans (Note 10(d)) 141
Loan payable (Note 10(b)) 934 172
Contract liability 402 136
Lease obligations (Note 11) 285 112
Total liabilities 7,168 8,201
Shareholders’ equity:    
Share capital (Note 15(b)) 242,444 213,528
Warrants (Note 16) 598 367
Accumulated other comprehensive loss (256) (147)
Contributed surplus (Note 15(c)) 26,502 28,009
Deficit (244,730) (238,018)
Total shareholders’ equity 24,558 3,739
Total liabilities and shareholders’ equity $ 31,726 $ 11,940