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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 12,799 $ 13,760
Short-term investments 63,620 52,243
Research and development tax credits receivable 837 643
Prepaid expenses 2,523 3,178
Other receivables 1,211 3,208
Total current assets 80,990 73,032
Operating lease right-of-use assets 1,515 1,917
Property and equipment 201 277
Total assets 82,706 75,226
Current liabilities    
Accounts payable and accrued liabilities 4,676 6,680
Operating lease liabilities 582 546
Total current liabilities 5,258 7,226
Operating lease liabilities, net of current portion 1,002 1,457
Senior secured convertible notes 52,434 49,772
Total liabilities 58,694 58,455
Shareholders' Equity    
Common shares, no par value, unlimited shares authorized 53,269,565 shares issued and outstanding as of June 30, 2024, 33,483,111 shares issued and outstanding as of December 31, 2023 288,006 260,504
Pre-funded warrants - 12,910,590 issued and outstanding as of June 30, 2024 and 9,577,257 as of December 31, 2023 53,076 48,459
Additional paid-in capital 38,112 33,834
Accumulated deficit (355,182) (326,026)
Total shareholders' equity 24,012 16,771
Total liabilities and shareholders' equity $ 82,706 $ 75,226