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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 34,061 $ 56,307
Marketable securities 20,279 46,613
Accounts receivable net of allowance for credit losses of $520 and $1,230, respectively 15,534 19,179
Other receivables 2,456 2,526
Inventory 635 866
Prepaid expenses and other current assets 2,045 2,401
Land held for sale 9,125 11,282
Total current assets 84,135 139,174
Property, plant, and equipment, net 225,744 203,919
Operating lease right-of-use asset 3,270 3,735
Intangible assets, net 51 73
Deferred tax assets 410 621
Other long-term assets 13,735 30,505
Total assets 327,345 378,027
Current liabilities    
Accounts payable 1,922 2,921
Accrued expenses 8,917 2,779
Operating lease liabilities, current 331 323
Notes payable, short-term 1,730 3,772
Other liabilities, current 387 2,754
Total current liabilities 13,287 12,549
Earnout liability 24 2,486
Canadian Government Research and Development Program liability 14,876 14,399
Common stock warrants liability 518 4,566
Notes payable, long-term 0 1,730
Operating lease liabilities 3,612 3,858
Other liabilities, long-term 41 74
Total liabilities 32,358 39,662
Commitments and contingencies (See Note 16)
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued and outstanding as of September 30, 2025 and December 31, 2024 0 0
Common stock, $0.0001 par value, 1,000,000,000 shares authorized; 150,533,064 and 148,574,227, issued and outstanding as of September 30, 2025 and December 31, 2024, respectively (including 1,500,000 and 3,000,000, respectively, of Sponsor Vesting Shares) 15 15
Additional paid-in capital 400,253 393,186
Accumulated deficit (93,697) (38,127)
Accumulated other comprehensive loss (11,584) (16,709)
Total stockholders’ equity 294,987 338,365
Total liabilities and stockholders’ equity $ 327,345 $ 378,027