v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
DSUs
Common Shares
DSUs
Additional Paid-in Capital
RSUs
Common Shares
RSUs
Additional Paid-in Capital
Common Shares
Additional Paid-in Capital
Accumulated Other Comprehensive Income
Accumulated Deficit
Total
Balance, beginning at Dec. 31, 2024         $ 281,552 $ 21,298 $ 2,742 $ (245,170) $ 60,422
Balance, beginning (In shares) at Dec. 31, 2024         30,039,809        
Net loss for the period               (10,724) (10,724)
Cumulative translation adjustment - net of tax of $nil             103   103
Vesting of share-based payment award, equity instruments other than options (note 11)     $ 89 $ (89)          
Vesting of share-based payment award, equity instruments other than options (note 11) (in shares)     13,333            
Share-based compensation (note 11)           989     989
Balance, ending at Mar. 31, 2025         $ 281,641 22,198 2,845 (255,894) 50,790
Balance, ending (in shares) at Mar. 31, 2025         30,053,142        
Balance, beginning at Dec. 31, 2024         $ 281,552 21,298 2,742 (245,170) 60,422
Balance, beginning (In shares) at Dec. 31, 2024         30,039,809        
Net loss for the period                 (26,419)
Cumulative translation adjustment - net of tax of $nil                 2,816
Balance, ending at Jun. 30, 2025         $ 281,641 23,649 5,558 (271,589) 39,259
Balance, ending (in shares) at Jun. 30, 2025         30,053,142        
Balance, beginning at Mar. 31, 2025         $ 281,641 22,198 2,845 (255,894) 50,790
Balance, beginning (In shares) at Mar. 31, 2025         30,053,142        
Net loss for the period               (15,695) (15,695)
Cumulative translation adjustment - net of tax of $nil             2,713   2,713
Share-based compensation (note 11)           1,451     1,451
Balance, ending at Jun. 30, 2025         $ 281,641 23,649 5,558 (271,589) 39,259
Balance, ending (in shares) at Jun. 30, 2025         30,053,142        
Balance, beginning at Dec. 31, 2025         $ 323,839 25,310 5,025 (287,740) $ 66,434
Balance, beginning (In shares) at Dec. 31, 2025         36,293,640       36,293,640
Net loss for the period               (7,053) $ (7,053)
Cumulative translation adjustment - net of tax of $nil             (1,005)   (1,005)
Vesting of share-based payment award, equity instruments other than options (note 11) $ 68 $ (68) $ 256 (256)          
Vesting of share-based payment award, equity instruments other than options (note 11) (in shares) 10,000   33,997            
Share-based compensation (note 11)           1,048     1,048
Balance, ending at Mar. 31, 2026         $ 324,163 26,034 4,020 (294,793) 59,424
Balance, ending (in shares) at Mar. 31, 2026         36,337,637        
Balance, beginning at Dec. 31, 2025         $ 323,839 25,310 5,025 (287,740) $ 66,434
Balance, beginning (In shares) at Dec. 31, 2025         36,293,640       36,293,640
Net loss for the period                 $ (16,593)
Cumulative translation adjustment - net of tax of $nil                 (1,955)
Balance, ending at Jun. 30, 2026         $ 325,383 25,688 3,070 (304,333) $ 49,808
Balance, ending (in shares) at Jun. 30, 2026         36,532,594       36,532,594
Balance, beginning at Mar. 31, 2026         $ 324,163 26,034 4,020 (294,793) $ 59,424
Balance, beginning (In shares) at Mar. 31, 2026         36,337,637        
Net loss for the period               (9,540) (9,540)
Cumulative translation adjustment - net of tax of $nil             (950)   (950)
Vesting of share-based payment award, equity instruments other than options (note 11) $ 96 $ (96) $ 1,124 $ (1,124)          
Vesting of share-based payment award, equity instruments other than options (note 11) (in shares) 16,128   178,829            
Share-based compensation (note 11)           874     874
Balance, ending at Jun. 30, 2026         $ 325,383 $ 25,688 $ 3,070 $ (304,333) $ 49,808
Balance, ending (in shares) at Jun. 30, 2026         36,532,594       36,532,594