v3.26.1
CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Public offering
Common shares
Public offering
Additional Paid-In Capital
Public offering
At-the-Market
Common shares
At-the-Market
Additional Paid-In Capital
At-the-Market
Common shares
Additional Paid-In Capital
Accumulated Deficit
Total
Balance at the beginning at Dec. 31, 2024               $ 82,958 $ (73,245) $ 9,713
Balance at the beginning (in shares) at Dec. 31, 2024             19,495,683      
CHANGES IN SHAREHOLDERS' EQUITY (DEFICIT)                    
Share-based payments               1,368   1,368
Issuance of restricted share awards (in shares)             844,087      
Issuance of common shares, net of offering costs   $ 13,973 $ 13,973   $ 1,232 $ 1,232        
Issuance of common shares, net of offering costs (in shares) 3,105,000     189,816            
Net Income (Loss)                 (5,332) (5,332)
Balance at the end at Mar. 31, 2025               99,531 (78,577) 20,954
Balance at the end (in shares) at Mar. 31, 2025             23,634,586      
Balance at the beginning at Dec. 31, 2024               82,958 (73,245) 9,713
Balance at the beginning (in shares) at Dec. 31, 2024             19,495,683      
CHANGES IN SHAREHOLDERS' EQUITY (DEFICIT)                    
Net Income (Loss)                   (11,666)
Balance at the end at Jun. 30, 2025               101,783 (84,911) 16,872
Balance at the end (in shares) at Jun. 30, 2025             23,877,587      
Balance at the beginning at Mar. 31, 2025               99,531 (78,577) 20,954
Balance at the beginning (in shares) at Mar. 31, 2025             23,634,586      
CHANGES IN SHAREHOLDERS' EQUITY (DEFICIT)                    
Share-based payments               1,731   1,731
Issuance of restricted share awards (in shares)             181,000      
Issuance of common shares, net of offering costs         521 521        
Issuance of common shares, net of offering costs (in shares)       62,001            
Net Income (Loss)                 (6,334) (6,334)
Balance at the end at Jun. 30, 2025               101,783 (84,911) 16,872
Balance at the end (in shares) at Jun. 30, 2025             23,877,587      
Balance at the beginning at Dec. 31, 2025               118,100 (99,687) $ 18,413
Balance at the beginning (in shares) at Dec. 31, 2025             25,676,798     25,676,798
CHANGES IN SHAREHOLDERS' EQUITY (DEFICIT)                    
Share-based payments               1,850   $ 1,850
Issuance of restricted share awards (in shares)             847,904      
Issuance of common shares, net of offering costs         7 $ 7        
Issuance of common shares, net of offering costs (in shares)       831            
Net Income (Loss)                 (6,050) (6,050)
Balance at the end at Mar. 31, 2026               119,957 (105,737) 14,220
Balance at the end (in shares) at Mar. 31, 2026             26,525,533      
Balance at the beginning at Dec. 31, 2025               118,100 (99,687) $ 18,413
Balance at the beginning (in shares) at Dec. 31, 2025             25,676,798     25,676,798
CHANGES IN SHAREHOLDERS' EQUITY (DEFICIT)                    
Issuance of common shares, net of offering costs (in shares)           15,126        
Net Income (Loss)                   $ (13,070)
Balance at the end at Jun. 30, 2026               121,839 (112,757) $ 9,082
Balance at the end (in shares) at Jun. 30, 2026             26,694,828     26,694,828
Balance at the beginning at Mar. 31, 2026               119,957 (105,737) $ 14,220
Balance at the beginning (in shares) at Mar. 31, 2026             26,525,533      
CHANGES IN SHAREHOLDERS' EQUITY (DEFICIT)                    
Share-based payments               1,709   1,709
Issuance of restricted share awards (in shares)             155,000      
Issuance of common shares, net of offering costs         $ 173 $ 173        
Issuance of common shares, net of offering costs (in shares)       14,295   14,295        
Net Income (Loss)                 (7,020) (7,020)
Balance at the end at Jun. 30, 2026               $ 121,839 $ (112,757) $ 9,082
Balance at the end (in shares) at Jun. 30, 2026             26,694,828     26,694,828