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CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 35,442 $ 18,533
Other current assets 145 74
TOTAL CURRENT ASSETS 35,587 18,607
TOTAL ASSETS 35,587 18,607
CURRENT LIABILITIES    
Accounts payables 6,439 2,498
Payable offering costs 75  
Accrued liabilities 65 840
Employee compensation and benefits 4,998 5,556
TOTAL CURRENT LIABILITIES 11,577 8,894
TOTAL LIABILITIES 11,577 8,894
COMMITMENTS AND CONTINGENCIES, see Note 3
SHAREHOLDERS' EQUITY, see Note 4    
Common Shares, $0.00001 par value - 60,000,000 shares authorized as of September 30, 2025, and December 31, 2024, 25,639,896, and 19,495,683 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively [1]
Additional paid in capital 116,383 82,958
Accumulated deficit (92,373) (73,245)
TOTAL SHAREHOLDERS' EQUITY 24,010 9,713
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 35,587 $ 18,607
[1] Represents an amount lower than $1 USD.