EX-99.2 3 tm2525967d1_ex99-2.htm EXHIBIT 99.2

 

Exhibit 99.2

 

Reconciliation of Non-GAAP Results of Operations Measures to

the Comparable GAAP Financial Measures

(In thousands of US dollars)

 

   For the six months ended
June 30,
 
   2025   2024 
Reconciliation of non-GAAP loss from operations:        
Loss from operations  $(8,696)  $(5,745)
Add back: Share-based compensation expenses   5,700    1,447 
Adjusted loss from operations  $(2,996)  $(4,298)
           
Reconciliation of non-GAAP net loss:          
Net loss  $(8,412)  $(5,370)
Add back: Share-based compensation expenses   5,700    1,447 
Adjusted net loss  $(2,712)  $(3,923)