v3.26.1
Share based compensation (Tables)
3 Months Ended
Mar. 31, 2026
Share based compensation [Abstract]  
Share-based Compensation Plans Outstanding

The following table summarizes the share option awards outstanding as of March 31, 2026:
 
   
Average exercise
price per share
in
USD
   
Number of
awards
   
Weighted
average
remaining
life
in years
 
At December 31, 2025
   
3.87
     
2,594,914
     
5.91
 
Granted
   
3.88
     
201,950
     
7.10
 
Forfeited/Expired
   
3.06
     
(19,327
)
   
5.60
 
Exercised(1)
    3.14       (23,111 )     4.90  
At March 31, 2026(2)
   
3.88
     
2,754,426
     
5.76
 

(1) The weighted average share price of share options exercised was $15.48.
(2) 804,391 of the awards outstanding as of March 31, 2026, were exercisable.
Weighted-average Assumptions
The fair values of the options granted during the three months ended March 31, 2026, and 2025, were determined on the date of the grant using the following assumptions:

   
Three months ended
  March 31, 2026
   
Three months ended
  March 31, 2025
 
Share price, in USD
   
13.03 - 16.60
     
7.91 - 10.88
 
Strike price, in USD (weighted average)
   
3.88
     
7.12
 
Expected volatility
   
83% - 88%

   
83% - 90%

Award life (weighted average)
   
5.6
     
5.9
 
Expected dividends
   
-
     
-
 
Risk-free interest rate
   
3.79% - 3.97%

   
4.02% - 4.47%