Forward Purchase Agreement (Tables)

9 Months Ended

Sep. 30, 2026

Forward Purchase Agreement

Schedule of Shares Terminated

Schedule of Shares Terminated

		Termination 1 – August 04, 2026				Termination 2 – September 28, 2026				Total
Shares outstanding under the FPA before termination			891,930				98,364				891,930
Shares terminated			793,566				38,564				832,130
Termination Price per share		$	0.8279			$	0.5779			$	0.8163	*
Early Termination Amount received		$	657			$	22			$	679
Less: 33% applied to prepayment of the Notes			(217	)			(7	)			(224	)
Net cash retained by the Company		$	440			$	15			$	455
Shares outstanding under the FPA after termination			98,364				59,800				59,800

*	Weighted-average Termination Price.

Schedule of Subscription Receivable

The following table presents the movement in the share subscription receivable (presented as contra-equity) as at September 30, 2026 (in thousands):

Schedule of Subscription Receivable

		Share subscription receivable
Balance at December 31, 2025		$	11,005
Cash received on account of early termination			(679	)
Adjustment to share subscription receivable on account of early termination of forward contract			(9,588	)
Balance at September 30, 2026		$	738