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Condensed Consolidated Statements of Financial Position (unaudited)
$ in Thousands
Sep. 30, 2025
USD ($)
Dec. 31, 2024
USD ($)
Current assets :    
Cash and cash equivalents $ 69,837 $ 32,456
Other current assets 19,045 11,932
Total current assets 88,882 44,388
Non-Current assets    
Property, plant, and equipment, net 10,536 11,306
Right-of-use assets related to operating leases 5,594 5,502
Intangible assets 21 40
Other non-current assets 5,462 4,423
Total non-current assets 21,613 21,271
Total Assets 110,495 65,658
Current liabilities:    
Trade payables 39,816 22,032
Short-term operating leases 1,001 654
Current contingencies 218 122
Other current liabilities 8,449 8,328
Total current liabilities 49,485 31,136
Non-Current liabilities    
Long-term operating leases 6,690 6,297
Non-current contingencies 1,466 838
Total non-current liabilities 8,156 7,135
Total Liabilities 57,641 38,271
Shareholders’ equity :    
Ordinary shares, €0.10 par value; 136,975,159 and 102,847,501 shares authorized, and issued as at September 30, 2025 and December 31, 2024, respectively 15,394 11,651
Additional paid-in capital 392,062 315,613
Treasury stock, 159,651 and 266,868 ordinary shares as of September 30, 2025 and December 31, 2024, respectively, at cost (1,123) (1,309)
Accumulated deficit (348,301) (286,375)
Accumulated other comprehensive income 502 905
Accumulated currency translation effect (5,681) (13,097)
Total Shareholders’ equity 52,854 27,387
Total Liabilities and Shareholder's equity $ 110,495 $ 65,658