v3.26.1
Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
2022 USD Financing Warrants
Pre Funded Warrants
Common Stock
Common Stock
2022 USD Financing Warrants
Common Stock
Pre Funded Warrants
Additional Paid-In Capital
Additional Paid-In Capital
2022 USD Financing Warrants
Additional Paid-In Capital
Pre Funded Warrants
Accumulated OCI
Accumulated Deficit
Balance at Dec. 31, 2024 $ 241,448           $ 639,508     $ 819 $ (398,879)
Balance, Shares at Dec. 31, 2024       75,100,763              
Issuance of common shares under employee share purchase plan ("ESPP") 186           186        
Issuance of common shares under employee share purchase plan ("ESPP"), Shares       34,017              
Issuance of common shares upon settlement of restricted share unit ("RSU") awards, Shares       186,708              
Exercise of Warrants   $ 874           $ 874      
Exercise of Warrants, Shares         136,346            
Stock-based compensation expense 3,426           3,426        
Exercise of stock options, net of shares withheld for exercise and tax 237           237        
Exercise of stock options, net of shares withheld for exercise and tax, Shares       53,541              
Net loss and comprehensive loss (23,365)                 (17) (23,348)
Balance at Mar. 31, 2025 222,806           644,231     802 (422,227)
Balance, Shares at Mar. 31, 2025       75,511,375              
Balance at Dec. 31, 2024 241,448           639,508     819 (398,879)
Balance, Shares at Dec. 31, 2024       75,100,763              
Net loss and comprehensive loss (66,104)                    
Balance at Jun. 30, 2025 185,400           649,564     807 (464,971)
Balance, Shares at Jun. 30, 2025       75,803,251              
Balance at Mar. 31, 2025 222,806           644,231     802 (422,227)
Balance, Shares at Mar. 31, 2025       75,511,375              
Issuance of common shares upon settlement of restricted share unit ("RSU") awards, Shares       229,587              
Stock-based compensation expense 5,253           5,253        
Exercise of stock options, net of shares withheld for exercise and tax 80           80        
Exercise of stock options, net of shares withheld for exercise and tax, Shares       62,289              
Net loss and comprehensive loss (42,739)                 5 (42,744)
Balance at Jun. 30, 2025 185,400           649,564     807 (464,971)
Balance, Shares at Jun. 30, 2025       75,803,251              
Balance at Dec. 31, 2025 332,327           913,914     1,085 (582,672)
Balance, Shares at Dec. 31, 2025       98,776,265              
Issuance of common shares under employee share purchase plan ("ESPP") 276           276        
Issuance of common shares under employee share purchase plan ("ESPP"), Shares       33,787              
Issuance of common shares upon settlement of restricted share unit ("RSU") awards, Shares       169,306              
Exercise of Warrants   15,313 $ 4         15,313 $ 4    
Exercise of Warrants, Shares         901,800 4,000,000          
Amortization of deferred ATM costs (40)           (40)        
Stock-based compensation expense 7,132           7,132        
Exercise of stock options, net of shares withheld for exercise and tax 1,196           1,196        
Exercise of stock options, net of shares withheld for exercise and tax, Shares       163,350              
Net loss and comprehensive loss (77,359)                 (261) (77,098)
Balance at Mar. 31, 2026 278,849           937,795     824 (659,770)
Balance, Shares at Mar. 31, 2026       104,044,508              
Balance at Dec. 31, 2025 $ 332,327           913,914     1,085 (582,672)
Balance, Shares at Dec. 31, 2025       98,776,265              
Exercise of stock options, net of shares withheld for exercise and tax, Shares 232,580                    
Net loss and comprehensive loss $ (236,752)                    
Balance at Jun. 30, 2026 918,679           1,737,018     417 (818,756)
Balance, Shares at Jun. 30, 2026       134,365,950              
Balance at Mar. 31, 2026 278,849           937,795     824 (659,770)
Balance, Shares at Mar. 31, 2026       104,044,508              
Issuance of common shares, net of shares issuance cost 758,730           758,730        
Issuance of common shares, net of shares issuance cost, Shares       23,676,471              
Issuance of common shares upon conversion of term loan principal 4,500           4,500        
Issuance of common shares upon conversion of term loan principal, Shares       594,016              
Issuance of common shares upon settlement of restricted share unit ("RSU") awards, Shares       293,055              
Exercise of Warrants   $ 25,532 $ 5         $ 25,532 $ 5    
Exercise of Warrants, Shares         669,895 5,018,775          
Amortization of deferred ATM costs (42)           (42)        
Stock-based compensation expense 9,639           9,639        
Exercise of stock options, net of shares withheld for exercise and tax 859           859        
Exercise of stock options, net of shares withheld for exercise and tax, Shares       69,230              
Net loss and comprehensive loss (159,393)                 (407) (158,986)
Balance at Jun. 30, 2026 $ 918,679           $ 1,737,018     $ 417 $ (818,756)
Balance, Shares at Jun. 30, 2026       134,365,950