v3.26.1
Interim Condensed Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Proceeds from public offering, net of transaction costs
Proceeds from ATM offering, net of transaction costs
Share capital
Share premium
Share premium
Proceeds from public offering, net of transaction costs
Share premium
Proceeds from ATM offering, net of transaction costs
Treasury shares
Treasury shares
Proceeds from public offering, net of transaction costs
Treasury shares
Proceeds from ATM offering, net of transaction costs
Other reserves
Accumulated deficit
Balance at beginning of period at Dec. 31, 2024 $ 96,490     $ 4,188 $ 472,244     $ (702)     $ 61,037 $ (440,277)
Loss for the period (39,799)                     (39,799)
Other comprehensive income (loss) 11,695                   11,695  
Total comprehensive loss for the period (28,104)                   11,695 (39,799)
Share-based compensation 8,191                   8,191  
Transactions with owners                        
Vesting of restricted stock units 0             50     (50)  
Exercise of share options 115       111     4        
Balance at end of period at Jun. 30, 2025 76,692     4,188 472,355     (648)     80,873 (480,076)
Balance at beginning of period at Mar. 31, 2025 85,613     4,188 472,283     (694)     67,498 (457,662)
Loss for the period (22,414)                     (22,414)
Other comprehensive income (loss) 9,062                   9,062  
Total comprehensive loss for the period (13,352)                   9,062 (22,414)
Share-based compensation 4,356                   4,356  
Transactions with owners                        
Vesting of restricted stock units 0             43     (43)  
Exercise of share options 75       72     3        
Balance at end of period at Jun. 30, 2025 76,692     4,188 472,355     (648)     80,873 (480,076)
Balance at beginning of period at Dec. 31, 2025 47,145     4,814 473,675     (1,218)     89,150 (519,276)
Loss for the period (41,678)                     (41,678)
Other comprehensive income (loss) (171)                   (171) 0
Total comprehensive loss for the period (41,849)                   (171) (41,678)
Share-based compensation 7,805                   7,805  
Transactions with owners                        
Share options exercised and vesting of Restricted Stock Units 1,233       1,143     90        
Issue of equity   $ 53,117 $ 15,667     $ 52,369 $ 15,470   $ 748 $ 197    
Balance at end of period at Jun. 30, 2026 83,118     4,814 542,657     (183)     96,784 (560,954)
Balance at beginning of period at Mar. 31, 2026 45,688     4,814 488,423     (1,007)     92,056 (538,598)
Loss for the period (22,356)                     (22,356)
Other comprehensive income (loss) 236                   236
Total comprehensive loss for the period (22,120)                   236 (22,356)
Share-based compensation 4,492                   4,492  
Transactions with owners                        
Share options exercised and vesting of Restricted Stock Units 770       708     62        
Issue of equity   $ 53,117 $ 1,171     $ 52,369 $ 1,157   $ 748 $ 14    
Balance at end of period at Jun. 30, 2026 $ 83,118     $ 4,814 $ 542,657     $ (183)     $ 96,784 $ (560,954)