v3.26.3
Segment reporting
9 Months Ended
Sep. 30, 2026
Segment reporting  
Segment reporting

14

Segment reporting

The Company’s operations are categorized into one industry segment, which is medical technology focused on magnetic resonance guided ablation procedures for the treatments to ablate the prostate gland, uterine fibroids, osteoid osteoma and nerves for palliative pain relief for patients with metastatic bone disease. The CODM, which is the Company’s Chief Executive Officer, regularly reviews the operating results of the Company on a consolidated basis as part of making decisions for allocating resources and evaluating performance. Further, the CODM is regularly provided with the consolidated expenses as noted on the consolidated statements of operations and comprehensive loss.

The following tables represent total revenue by geographic area, based on the location of the reporting entity for the three months ended September 30, 2026 and 2025, respectively:

​

​

​

​

​

​

​

​

​

​

​

 

For the three months ended September 30, 2026

​

​

Canada

​

USA

​

Germany

​

Total

​

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

Revenue

​

​

​

​

​

​

​

​

Recurring - non-capital

​

1,440

​

2,052

​

614

​

4,106

Capital equipment

​

3,441

​

1,466

​

817

​

5,724

​

​

4,881

​

3,518

​

1,431

​

9,830

​

​

​

​

​

​

​

​

​

​

​

​

For the three months ended September 30, 2025

​

​

Canada

​

USA

​

Germany

​

Total

​

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

Revenue

 

​

 

​

​

​

 

​

Recurring - non-capital

​

119

​

3,779

​

168

​

4,066

Capital equipment

 

—

 

1,223

​

—

 

1,223

​

 

119

 

5,002

​

168

 

5,289

​

​

​

​

​

​

​

​

​

​

​

​

​

For the nine months ended September 30, 2026

​

​

Canada

​

USA

​

Germany

​

Total

​

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

Revenue

 

​

 

​

​

​

 

​

Recurring - non-capital

​

3,054

​

4,192

​

946

​

8,192

Capital equipment

 

5,954

 

2,687

​

817

 

9,458

​

 

9,008

 

6,879

​

1,763

 

17,650

​

​

​

​

​

​

​

​

​

​

​

​

For the nine months ended September 30, 2025

​

​

Canada

​

USA

​

Germany

​

Total

​

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

Revenue

 

​

 

​

​

​

 

​

Recurring - non-capital

​

495

​

6,399

​

534

​

7,428

Capital equipment

 

570

 

2,123

​

—

 

2,693

​

 

1,065

 

8,522

​

534

 

10,121

​

The following tables represent other geographic information for the nine months ended September 30, 2026 and the year ended December 31, 2025:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

For the period ended September 30, 2026

​

​

Canada

​

USA

​

Germany

​

China

​

Finland

​

Total

​

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

Total assets

 

46,007

 

7,257

 

1,884

 

100

 

2,906

 

58,154

Intangible assets

 

115

 

—

 

—

 

—

 

—

 

115

Property and equipment

 

—

 

285

 

—

 

—

 

145

 

430

Right-of-use assets

 

2,687

 

—

 

—

 

—

 

—

 

2,687

Amortization of intangible assets

 

23

 

—

 

—

 

—

 

—

 

23

Depreciation of property and equipment

 

43

 

272

 

—

 

—

 

30

 

345

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

For the year ended December 31, 2025

​

​

Canada

​

USA

​

Germany

​

China

​

Finland

​

Total

​

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

  ​ ​ ​

$

Total assets

 

63,046

 

9,791

 

1,243

 

137

 

3,258

 

77,475

Intangible assets

 

138

 

—

 

—

 

—

 

—

 

138

Property and equipment

 

41

 

481

 

—

 

—

 

176

 

698

Right-of-use assets

 

184

 

—

 

—

 

—

 

—

 

184

Amortization of intangible assets

 

187

 

—

 

—

 

—

 

—

 

187

Depreciation of property and equipment

 

51

 

322

 

—

 

—

 

—

 

373

​