v3.26.1
Segment Information
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information:
Operating segments are defined as components of an enterprise for which separate discrete information is available for evaluation by the chief operating decision maker (“CODM”) in deciding how to allocate resources and in assessing performance.
The Company’s CODM is its Chief Executive Officer. The CODM has determined that the Company operates in a single operating and reportable segment and manages segment performance and resource allocation based upon
consolidated net loss. The measure of segment assets is reported on the consolidated balance sheets as total consolidated assets. Significant expenses reviewed by the CODM include those that are presented in the consolidated statement of operations and comprehensive loss. The CODM evaluates actual results compared to forecasted results for consolidated net loss, including significant expenses, when making decisions about allocating resources.
Substantially all of the Company’s long-lived assets are located in Canada. Refer to Note 12 for additional information about the Company’s revenue by geography.
The following table sets forth the Company’s segment information of revenue, significant expenses and net loss:
Three months ended
June 30,		Six months ended
June 30,
2026202520262025
Revenue$1,511 $1,057 $4,343 $1,755 
Less:
Operating expenses excluding salaries and share-based compensation:
Cost of revenue (exclusive of depreciation and amortization below)
82 3 129 5 
Research and development
7,405 5,458 15,777 8,563 
General and administrative
6,976 1,186 14,964 2,077 
Sales and marketing
302 207 1,510 231 
Salaries and share-based compensation expense
16,684 8,774 27,688 16,950 
Depreciation and amortization
1,639 1,259 3,256 2,535 
Interest (income) expense, net
(2,319)(342)(2,129)(894)
Other segment items(1)
12,793 (348)5,803 (367)
Net loss
$(42,051)$(15,140)$(62,655)$(27,345)
(1) Other segment items include other operating income, net, loss on fair value of earn out share liabilities, net, loss on derivative instruments, net and other (income) expense, net which are reflected in the consolidated statements of operations and comprehensive loss.