v3.26.1
Consolidated statements of Changes in Shareholders' equity - USD ($)
$ in Thousands
Total
Ordinary Shares
Additional Paid-in Capital
Accumulated Other Comprehensive Income
Accumulated Deficit
Beginning balance at Dec. 31, 2024 $ 134,023 $ 10,288 $ 609,560 $ (11,780) $ (474,045)
Beginning balance, Shares at Dec. 31, 2024   141,674,074      
Net loss (28,530)       (28,530)
Foreign currency translation adjustments (net of tax) 3,696     3,696  
Recognition of share-based payments 3,540   3,540    
Options exercised in the period     (39)   39
Options exercised in the period, Shares   16,776      
Proceeds from shares issued 14 $ 1 13    
Ending balance at Mar. 31, 2025 112,743 $ 10,289 613,074 (8,084) (502,536)
Ending balance, Shares at Mar. 31, 2025   141,690,850      
Beginning balance at Dec. 31, 2024 134,023 $ 10,288 609,560 (11,780) (474,045)
Beginning balance, Shares at Dec. 31, 2024   141,674,074      
Net loss (55,884)        
Foreign currency translation adjustments (net of tax) 10,376        
Ending balance at Jun. 30, 2025 94,155 $ 10,290 615,113 (1,404) (529,844)
Ending balance, Shares at Jun. 30, 2025   141,701,848      
Beginning balance at Dec. 31, 2024 134,023 $ 10,288 609,560 (11,780) (474,045)
Beginning balance, Shares at Dec. 31, 2024   141,674,074      
Ending balance at Dec. 31, 2025 62,304 $ 10,290 617,562 (2,976) (562,572)
Ending balance, Shares at Dec. 31, 2025   141,701,848      
Beginning balance at Mar. 31, 2025 112,743 $ 10,289 613,074 (8,084) (502,536)
Beginning balance, Shares at Mar. 31, 2025   141,690,850      
Net loss (27,354)       (27,354)
Foreign currency translation adjustments (net of tax) 6,680     6,680  
Recognition of share-based payments 2,085   2,085    
Options exercised in the period     (46)   46
Options exercised in the period, Shares   10,998      
Proceeds from shares issued 1 $ 1      
Ending balance at Jun. 30, 2025 94,155 $ 10,290 615,113 (1,404) (529,844)
Ending balance, Shares at Jun. 30, 2025   141,701,848      
Beginning balance at Dec. 31, 2025 62,304 $ 10,290 617,562 (2,976) (562,572)
Beginning balance, Shares at Dec. 31, 2025   141,701,848      
Net loss (14,957)       (14,957)
Foreign currency translation adjustments (net of tax) (392)     (392)  
Recognition of share-based payments 2,447   2,447    
Options exercised in the period     (3)   3
Options exercised in the period, Shares   1,992      
Ending balance at Mar. 31, 2026 49,402 $ 10,290 620,006 (3,368) (577,526)
Ending balance, Shares at Mar. 31, 2026   141,703,840      
Beginning balance at Dec. 31, 2025 62,304 $ 10,290 617,562 (2,976) (562,572)
Beginning balance, Shares at Dec. 31, 2025   141,701,848      
Net loss (27,225)        
Foreign currency translation adjustments (net of tax) (365)        
Ending balance at Jun. 30, 2026 38,471 $ 10,292 621,152 (3,341) (589,632)
Ending balance, Shares at Jun. 30, 2026   141,739,180      
Beginning balance at Mar. 31, 2026 49,402 $ 10,290 620,006 (3,368) (577,526)
Beginning balance, Shares at Mar. 31, 2026   141,703,840      
Net loss (12,268)       (12,268)
Foreign currency translation adjustments (net of tax) 27     27  
Recognition of share-based payments 1,308   1,308    
Options exercised in the period     (162)   162
Options exercised in the period, Shares   35,340      
Proceeds from shares issued 2 $ 2      
Ending balance at Jun. 30, 2026 $ 38,471 $ 10,292 $ 621,152 $ (3,341) $ (589,632)
Ending balance, Shares at Jun. 30, 2026   141,739,180