Quarterly report [Sections 13 or 15(d)]

Interim Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited)

v3.25.2
Interim Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Share Capital
Contributed Surplus
Accumulated Other Comprehensive Income
Accumulated Deficit
Total
Beginning Balance at Dec. 31, 2023 $ 302,182 $ 19,881 $ 3,718 $ (250,911) $ 74,870
Beginning Balance (in shares) at Dec. 31, 2023 270,898,900        
Shares issued for cash $ 4,227       4,227
Shares issued for cash (in shares) 2,464,500        
Share issue costs $ (106)       (106)
Exercise of warrants $ 15,849       15,849
Exercise of warrants (in shares) 8,188,250        
Exercise of stock options $ 61 (21)     40
Exercise of stock options (in shares) 74,674        
Stock compensation   324     324
Comprehensive income (loss)     283 (18,541) (18,258)
Ending Balance at Mar. 31, 2024 $ 322,213 20,184 4,001 (269,452) 76,946
Ending Balance (in shares) at Mar. 31, 2024 281,626,324        
Beginning Balance at Dec. 31, 2023 $ 302,182 19,881 3,718 (250,911) 74,870
Beginning Balance (in shares) at Dec. 31, 2023 270,898,900        
Comprehensive income (loss)         (24,744)
Ending Balance at Jun. 30, 2024 $ 344,298 20,397 4,099 (276,036) 92,758
Ending Balance (in shares) at Jun. 30, 2024 295,184,728        
Beginning Balance at Mar. 31, 2024 $ 322,213 20,184 4,001 (269,452) 76,946
Beginning Balance (in shares) at Mar. 31, 2024 281,626,324        
Shares issued for cash $ 22,419       22,419
Shares issued for cash (in shares) 13,108,525        
Share issue costs $ (700)       (700)
Exercise of stock options $ 366 (112)     254
Exercise of stock options (in shares) 449,879        
Stock compensation   325     325
Comprehensive income (loss)     98 (6,584) (6,486)
Ending Balance at Jun. 30, 2024 $ 344,298 20,397 4,099 (276,036) 92,758
Ending Balance (in shares) at Jun. 30, 2024 295,184,728        
Beginning Balance at Dec. 31, 2024 $ 413,242 19,468 4,189 (304,100) 132,799
Beginning Balance (in shares) at Dec. 31, 2024 364,101,038        
Exercise of stock options $ 405 213     618
Exercise of stock options (in shares) 464,807        
Redemption of RSUs $ 283 (343)     (60)
Redemption of RSUs (in shares) 253,415        
Stock compensation   668     668
Comprehensive income (loss)     (28) (10,898) (10,926)
Ending Balance at Mar. 31, 2025 $ 413,930 20,006 4,161 (314,998) 123,099
Ending Balance (in shares) at Mar. 31, 2025 364,819,260        
Beginning Balance at Dec. 31, 2024 $ 413,242 19,468 4,189 (304,100) $ 132,799
Beginning Balance (in shares) at Dec. 31, 2024 364,101,038        
Exercise of stock options (in shares)         464,807
Comprehensive income (loss)         $ (31,809)
Ending Balance at Jun. 30, 2025 $ 413,930 19,883 4,234 (335,954) 102,093
Ending Balance (in shares) at Jun. 30, 2025 364,819,260        
Beginning Balance at Mar. 31, 2025 $ 413,930 20,006 4,161 (314,998) 123,099
Beginning Balance (in shares) at Mar. 31, 2025 364,819,260        
Stock compensation   (123)     (123)
Comprehensive income (loss)     73 (20,956) (20,883)
Ending Balance at Jun. 30, 2025 $ 413,930 $ 19,883 $ 4,234 $ (335,954) $ 102,093
Ending Balance (in shares) at Jun. 30, 2025 364,819,260