v3.26.1
UNAUDITED CONDENSED CONSOLIDATED INTERIM STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 63,188 $ 74,037
Trade and other receivables (Note 5) 52,081 55,209
Income taxes receivable 1,076 881
Prepaids and deposits 10,693 11,701
Contract costs, net 10,099 9,696
Total current assets 137,137 151,524
Non-current assets:    
Contract costs, net 15,553 15,095
Deferred tax asset 19,968 20,026
Right-of-use assets, net (Note 6) 4,534 2,387
Property and equipment, net (Note 7) 1,920 2,045
Intangible assets, net (Note 8) 25,027 1,029
Goodwill (Note 9) 49,411 14,541
Total assets 253,550 206,647
Current liabilities:    
Trade and other payables 41,643 35,960
Automatic share repurchase plan liability (Note 11) 9,889 0
Income taxes payable 2,123 966
Deferred revenue 99,030 85,465
Provisions 4,632 787
Lease obligations (Note 6) 1,412 621
Acquisition holdback payables 2,384 0
Total current liabilities 161,113 123,799
Non-current liabilities:    
Contingent consideration 4,595 0
Deferred revenue 2,152 2,568
Lease obligations (Note 6) 3,298 1,939
Employee benefit obligations 2,944 3,587
Deferred tax liability 976 663
Borrowings 79,088 0
Total liabilities 254,166 132,556
Shareholders’ equity    
Share capital (Note 11) 219,229 244,605
Contributed surplus 20,881 20,949
Accumulated other comprehensive loss (7,551) (7,427)
Deficit (233,175) (184,036)
Total equity (616) 74,091
Total liabilities and equity $ 253,550 $ 206,647