v3.26.1
Segment reporting
6 Months Ended
Jun. 30, 2026
Segment reporting  
Segment reporting

14

Segment reporting

The Company’s operations are categorized into one industry segment, which is medical technology focused on magnetic resonance guided ablation procedures for the treatments to ablate the prostate gland, uterine fibroids, osteoid osteoma and nerves for palliative pain relief for patients with metastatic bone disease. The CODM regularly reviews the operating results of the Company on a consolidated basis as part of making decisions for allocating resources and evaluating performance. Further, the CODM is regularly provided with the consolidated expenses as noted on the consolidated statements of operations and comprehensive loss.

The following tables represent total revenue by geographic area, based on the location of the reporting entity for the three months ended June 30, 2026 and 2025, respectively:

 

For the three months ended June 30, 2026

Canada

USA

Germany

Total

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

Revenue

Recurring - non-capital

129

1,301

182

1,612

Capital equipment

427

444

871

556

1,745

182

2,483

For the three months ended June 30, 2025

Canada

USA

Germany

Total

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

Revenue

 

 

 

Recurring - non-capital

94

1,327

140

1,561

Capital equipment

 

 

650

 

650

 

94

 

1,977

140

 

2,211

For the six months ended June 30, 2026

Canada

USA

Germany

Total

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

Revenue

 

 

 

Recurring - non-capital

1,614

2,140

332

4,086

Capital equipment

 

2,513

 

1,221

 

3,734

 

4,127

 

3,361

332

 

7,820

For the six months ended June 30, 2025

Canada

USA

Germany

Total

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

Revenue

 

 

 

Recurring - non-capital

376

2,620

366

3,362

Capital equipment

 

570

 

900

 

1,470

 

946

 

3,520

366

 

4,832

The following tables represent other geographic information for the six months ended June 30, 2026 and the year ended December 31, 2025:

For the period ended June 30, 2026

Canada

USA

Germany

China

Finland

Total

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

Total assets

 

51,218

 

7,215

 

540

 

137

 

3,275

 

62,385

Intangible assets

 

121

 

 

 

 

 

121

Property and equipment

 

13

 

389

 

 

 

154

 

556

Right-of-use assets

 

2,763

 

 

 

 

 

2,763

Amortization of intangible assets

 

16

 

 

 

 

 

16

Depreciation of property and equipment

 

28

 

169

 

 

 

22

 

219

For the year ended December 31, 2025

Canada

USA

Germany

China

Finland

Total

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

Total assets

 

63,046

 

9,791

 

1,243

 

137

 

3,258

 

77,475

Intangible assets

 

138

 

 

 

 

 

138

Property and equipment

 

41

 

481

 

 

 

176

 

698

Right-of-use assets

 

184

 

 

 

 

 

184

Amortization of intangible assets

 

187

 

 

 

 

 

187

Depreciation of property and equipment

 

51

 

322

 

 

 

 

373