v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jul. 31, 2026
Oct. 31, 2025
Current assets:    
Cash and cash equivalents $ 41,025 $ 50,152
Marketable securities - short term 225,295 143,584
Restricted investments 79 79
Investment tax credits receivable 975 927
Prepaid and other current assets 10,526 6,649
Total current assets 277,900 201,391
Marketable securities - long term 0 8,522
Property and equipment, net 2,156 2,477
Operating lease right of use asset 6,877 7,716
Other assets 1,389 1,362
Total assets 288,322 221,468
Current liabilities:    
Accounts payable 2,541 6,688
Accrued expenses and other current liabilities 22,220 15,275
Operating lease liabilities, current 2,249 2,014
Current portion of note payable 199 8,002
Total current liabilities 27,209 31,979
Note payable, net of current portion 25,155 15,324
Operating lease liabilities, net of current portion 5,668 6,455
Liabilities, Total 58,032 53,758
Shareholder's equity:    
Common shares, no par value; unlimited shares authorized, 67,014,067 and 52,018,658 shares issued and outstanding as of July 31, 2026 and October 31, 2025, respectively. 632,021 513,281
Additional paid-in capital 64,132 27,349
Accumulated other comprehensive loss (1,351) (888)
Accumulated deficit (464,512) (372,032)
Total shareholder's equity 230,290 167,710
Total liabilities and shareholders' equity $ 288,322 $ 221,468