v3.26.1
Interim Condensed Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Share Capital
Contributed Surplus
Accumulated Other Comprehensive Income
Accumulated Deficit
Total
Beginning Balance at Dec. 31, 2024 $ 413,242 $ 19,468 $ 4,189 $ (304,100) $ 132,799
Beginning Balance (in shares) at Dec. 31, 2024 364,101,038        
Exercise of stock options $ 405 213     618
Exercise of stock options (in shares) 464,807        
Redemption of RSUs $ 283 (343)     (60)
Redemption of RSUs (in shares) 253,415        
Stock compensation   668     668
Net income (loss)     (28) (10,898) (10,926)
Ending Balance at Mar. 31, 2025 $ 413,930 20,006 4,161 (314,998) 123,099
Ending Balance (in shares) at Mar. 31, 2025 364,819,260        
Beginning Balance at Dec. 31, 2024 $ 413,242 19,468 4,189 (304,100) 132,799
Beginning Balance (in shares) at Dec. 31, 2024 364,101,038        
Net income (loss)         (31,809)
Ending Balance at Jun. 30, 2025 $ 413,930 19,883 4,234 (335,954) 102,093
Ending Balance (in shares) at Jun. 30, 2025 364,819,260        
Beginning Balance at Mar. 31, 2025 $ 413,930 20,006 4,161 (314,998) 123,099
Beginning Balance (in shares) at Mar. 31, 2025 364,819,260        
Stock compensation   (123)     (123)
Net income (loss)     73 (20,956) (20,883)
Ending Balance at Jun. 30, 2025 $ 413,930 19,883 4,234 (335,954) 102,093
Ending Balance (in shares) at Jun. 30, 2025 364,819,260        
Beginning Balance at Dec. 31, 2025 $ 432,761 19,645 4,044 (378,998) 77,452
Beginning Balance (in shares) at Dec. 31, 2025 378,169,709        
Exercise of warrants $ 33,031       33,031
Exercise of warrants (in shares) 19,129,999        
Exercise of stock options $ 65       65
Exercise of stock options (in shares) 32,145        
Redemption of RSUs   (35)     (35)
Stock compensation   224     224
Net income (loss)     914 (28,775) (27,861)
Ending Balance at Mar. 31, 2026 $ 465,857 19,834 4,958 (407,773) 82,876
Ending Balance (in shares) at Mar. 31, 2026 397,331,853        
Beginning Balance at Dec. 31, 2025 $ 432,761 19,645 4,044 (378,998) $ 77,452
Beginning Balance (in shares) at Dec. 31, 2025 378,169,709        
Exercise of stock options (in shares)         475,005
Net income (loss)         $ (43,114)
Ending Balance at Jun. 30, 2026 $ 466,693 20,321 6,397 (424,465) 68,946
Ending Balance (in shares) at Jun. 30, 2026 397,774,713        
Beginning Balance at Mar. 31, 2026 $ 465,857 19,834 4,958 (407,773) 82,876
Beginning Balance (in shares) at Mar. 31, 2026 397,331,853        
Exercise of stock options $ 836       836
Exercise of stock options (in shares) 442,860        
Stock option liability adjustment   487     487
Net income (loss)     1,439 (16,692) (15,253)
Ending Balance at Jun. 30, 2026 $ 466,693 $ 20,321 $ 6,397 $ (424,465) $ 68,946
Ending Balance (in shares) at Jun. 30, 2026 397,774,713