XML 16 R2.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 33,392,000 $ 273,741,000
Short-term investments 149,601,000 0
Prepaid and other current assets 6,143,000 7,879,000
Total current assets 189,136,000 281,620,000
Goodwill 19,918,000 19,918,000
Long-term investments 54,863,000 0
Other non-current assets 1,174,000 613,000
Total assets 265,091,000 302,151,000
Current liabilities:    
Accounts payable 4,216,000 2,010,000
Accrued expenses 14,797,000 12,829,000
2022 USD Financing Warrants 18,944,000 24,010,000
Total current liabilities 37,957,000 38,849,000
Credit facility, long-term 41,191,000 21,854,000
Other non-current liabilities 543,000  
Total liabilities 79,691,000 60,703,000
Commitments and contingencies (Note 10)
Shareholders' Equity:    
Common shares, no par value, unlimited authorized as of June 30, 2025 and December 31, 2024; 75,803,251 and 75,100,763 issued and outstanding as of June 30, 2025 and December 31, 2024, respectively
Additional paid-in capital 649,564,000 639,508,000
Accumulated other comprehensive income 807,000 819,000
Accumulated deficit (464,971,000) (398,879,000)
Total shareholders' equity 185,400,000 241,448,000
Total liabilities and shareholders' equity $ 265,091,000 $ 302,151,000