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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 31, 2024
Oct. 31, 2023
Current assets:    
Cash and cash equivalents $ 173,004 $ 81,521
Marketable securities - short term 65,328  
Restricted investments 72 76
Investment tax credits receivable 332 2,343
Prepaid and other current assets 8,626 1,500
Total current assets 247,362 85,440
Marketable securities - long term 59,527  
Property and equipment, net 1,169 589
Operating lease right of use assets 1,741  
Other assets 1,374 930
Total assets 311,173 86,959
Current liabilities:    
Accounts payable 1,411 1,156
Accrued expenses and other current liabilities 12,128 3,539
Operating lease liabilities, current 423  
Current portion of note payable 699 562
Total current liabilities 14,661 5,257
Note payable, net of current portion 22,473 9,216
Operating lease liabilities, net of current portion 1,427  
Liabilities, Total 38,561 14,473
Shareholders' equity:    
Common shares, no par value; unlimited shares authorized, 50,976,676 and 23,197,976 shares issued and outstanding as of October 31, 2024 and 2023, respectively. 509,811 259,373
Additional paid-in capital 18,950 13,717
Accumulated other comprehensive loss (1,419) (1,016)
Accumulated deficit (254,730) (199,588)
Total shareholder's equity 272,612 72,486
Total liabilities and shareholder's equity $ 311,173 $ 86,959