v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash $ 33,343 $ 59,723
Trade and other receivables, net (note 3) 10,991 7,200
Inventory (note 4) 10,242 8,238
Prepaid expenses and deposits 253 928
Total current assets 54,829 76,089
Trade and other receivables, net (note 3)   300
Property and equipment, net (note 5) 430 698
Intangible assets, net (note 6) 115 138
Right-of-use assets, net (note 9) 2,687 184
Deferred tax assets, net 93 66
Total assets 58,154 77,475
Current liabilities:    
Accounts payable 1,048 1,563
Accrued expenses and other current liabilities (note 7) 5,517 3,815
Deferred revenue 805 445
Long-term debt (note 8) 4,512  
Lease liabilities (note 9) 105 213
Income tax payable 77 39
Total current liabilities 12,064 6,075
Deferred revenue 743 388
Long-term debt (note 8)   4,499
Lease liabilities (note 9) 2,741  
Other non-current liabilities 93 79
Total liabilities 15,641 11,041
Shareholders' equity    
Common shares, no par value, unlimited shares authorized, 36,626,844 and 36,293,640 issued and outstanding at September 30, 2026 and December 31, 2025, respectively (note 10) 326,108 323,839
Additional paid-in capital 25,256 25,310
Accumulated other comprehensive income 3,204 5,025
Accumulated deficit (312,055) (287,740)
Total shareholders' equity 42,513 66,434
Total liabilities and shareholders' equity $ 58,154 $ 77,475