XML 12 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jul. 31, 2024
Oct. 31, 2023
Current assets:    
Cash and cash equivalents $ 257,678 $ 81,521
Restricted investments 75 76
Investment tax credits receivable 241 2,343
Prepaid and other current assets 4,700 1,500
Total current assets 262,694 85,440
Property, Plant and Equipment, Net 1,014 589
Operating lease right of use assets 1,790  
Other assets 1,381 930
Total assets 266,879 86,959
Current liabilities:    
Accounts payable 2,862 1,156
Accrued expenses and other current liabilities 8,833 3,539
Operating lease liabilities, current 422  
Current portion of notes payable 1,341 562
Total current liabilities 13,458 5,257
Note payable, net of current portion 21,612 9,216
Operating lease liabilities, net of current portion 1,480  
Liabilities, Total 36,550 14,473
Shareholder's equity:    
Preferred shares, no par value; unlimited shares authorized, no shares issued and outstanding as of July 31, 2024 and October 31, 2023.
Common shares, no par value; unlimited shares authorized, 44,215,577 and 23,197,976 shares issued and outstanding as of July 31, 2024 and October 31, 2023, respectively. 453,479 259,373
Additional paid-in capital 17,297 13,717
Accumulated other comprehensive loss (1,016) (1,016)
Accumulated deficit (239,431) (199,588)
Total shareholder's equity 230,329 72,486
Total liabilities, redeemable convertible preferred shares and shareholder's equity $ 266,879 $ 86,959