v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Ordinary shares [Member]
Additional paid-in capital [Member]
Accumulated deficit [Member]
Total
Balance at Dec. 31, 2024 $ 774 $ 258,959 $ (230,883) $ 28,850
Balance, shares at Dec. 31, 2024 2,785,787      
Income/loss for the year $ 0 0 2,802 2,802
Share-based compensation 0 230 0 230
Balance at Jun. 30, 2025 $ 774 259,189 (228,081) 31,882
Balance, shares at Jun. 30, 2025 2,785,787      
Balance at Mar. 31, 2025 $ 774 259,089 (239,691) 20,172
Balance, shares at Mar. 31, 2025 2,785,787      
Income/loss for the year $ 0 0 11,610 11,610
Share-based compensation 0 100 0 100
Balance at Jun. 30, 2025 $ 774 259,189 (228,081) 31,882
Balance, shares at Jun. 30, 2025 2,785,787      
Balance at Dec. 31, 2025 $ 774 259,047 (237,010) $ 22,811
Balance, shares at Dec. 31, 2025 2,786,158     2,786,158
Income/loss for the year $ 0 0 (7,408) $ (7,408)
Exercise of options $ 472 993 0 1,465
Exercise of options, shares 28,729      
Issuance of shares through public offering, net of issuance costs $ 147 30,735 0 30,882
Issuance of shares through public offering, net of issuance costs, shares 459,112      
Share-based compensation $ 0 346 0 346
Balance at Jun. 30, 2026 $ 1,393 291,121 (244,418) $ 48,096
Balance, shares at Jun. 30, 2026 3,273,999     3,273,999
Balance at Mar. 31, 2026 $ 1,321 290,822 (240,737) $ 51,406
Balance, shares at Mar. 31, 2026 3,268,991      
Income/loss for the year $ 0 0 (3,681) (3,681)
Exercise of options $ 72 145 0 217
Exercise of options, shares 5,008      
Share-based compensation $ 0 154 0 154
Balance at Jun. 30, 2026 $ 1,393 $ 291,121 $ (244,418) $ 48,096
Balance, shares at Jun. 30, 2026 3,273,999     3,273,999