v3.26.1
Warrant liabilities (Tables)
6 Months Ended
Jun. 30, 2026
Warrants and Rights Note Disclosure [Abstract]  
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation
The fair value of the Common Warrants, at the date of issuance on June 23, 2026 and reporting date on June 30, 2026, using the Black-Scholes-Merton ("BSM") option pricing model and the following assumptions:

June 23, 2026June 30, 2026
Expected volatility54.0%55.0%
Share price$2.04$2.26
Risk-free interest rate (%)4.38%4.31%
Expected life (years)2.0 years1.98 years
Dividend yield (%)nilnil
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table presents the changes in the warrant liability during the period:

June 30, 2026
Pre-Funded WarrantsCommon WarrantsTotal
Initial balance$6,639 $3,220 $9,859 
Change in fair value of warrant liability725 771 1,496 
Foreign currency remeasurement(9)(9)(18)
Ending balance$7,355 $3,982 $11,337