v3.26.3
Consolidated Statements of Financial Position - CAD ($)
$ in Thousands
Jun. 30, 2026
Jun. 30, 2025
Current assets:    
Cash $ 10,730 $ 7,624
Restricted cash 1,519 2,095
Short-term investments 716 1,106
Trade and other receivables 5,724 11,287
Prepaid expenses and deposits 2,487 9,517
Contract assets 815 651
Inventories 18,953 9,001
Total current assets 40,944 41,281
Non-current liabilities:    
Restricted cash 5,076 4,119
Property, plant and equipment 48,672 29,278 [1]
Prepaid expenses and deposits 512
Construction in progress 8,234 31,622
Right-of-use assets 10,590 11,277
Intangible assets 17,108 19,267
Tax equity assets 232 311
Goodwill 1,643 1,643
Derivative financial instruments 455 343
Total non-current assets 92,522 97,860
Total assets 133,466 139,141
Current liabilities:    
Trade and other payables 14,635 21,786
Contract liabilities 2,227 5,698
Lease liabilities 1,358 1,005
Short-term loans 6,891 4,734
Current portion of long-term debt 13,613 9,170
Current tax liabilities 428 654
Derivative financial instruments 8
Deferred government grants 118
Tax equity liabilities 88 77
Total current liabilities 39,366 43,124
Lease liabilities 7,064 7,466
Long-term debt 51,778 53,790
Tax equity liabilities 136 215
Provisions 2,498 2,401
Other long-term liabilities 4,160 5,150
Deferred tax liabilities 5,465 5,835
Warrant liabilities 289 1,400
Derivative financial instruments 171
Deferred government grants 2,162
Total non-current liabilities 73,723 76,257
Total liabilities 113,089 119,381
Shareholders’ equity:    
Share capital 68,004 45,285
Contributed surplus 3,447 1,951
Accumulated other comprehensive income (loss) 462 (242)
Retained earnings (deficit) (51,999) (27,753)
Equity attributable to common shareholders 19,914 19,241
Non-controlling interests 463 519
Total equity 20,377 19,760
Total liabilities and shareholders’ equity $ 133,466 $ 139,141
[1] The balance includes restricted cash balances totaling $6,517 comprised of $2,630 classified as current and $3,887 classified as non-current.