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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 31, 2023
Oct. 31, 2022
Current assets:    
Cash and cash equivalents $ 81,521 $ 20,434
Restricted investments 76 74
Investment tax credits receivable 2,343 1,336
Prepaid and other current assets 1,500 739
Assets, Current, Total 85,440 22,583
Property, Plant and Equipment, Net 589 387
Other assets 930 939
Total assets 86,959 23,909
Current liabilities:    
Accounts payable 1,156 723
Accrued expenses and other current liabilities 3,539 3,116
Current portion of notes payable 562 1,265
Total current liabilities 5,257 5,104
Note payable, net of current portion 9,216 9,649
Convertible debentures   17,405
Convertible debenture embedded derivative liabilities   3,791
Warrant liabilities   11,456
Liabilities, Total 14,473 47,405
Shareholder's deficit:    
Preferred shares, no par value; unlimited shares authorized, zero shares issued and outstanding as of October 31, 2023 and 2022.
Common shares, no par value; unlimited shares authorized, 23,197,976 and 665,767 (restated to reflect Reverse Recapitalization – see Notes 1 and 3) shares issued and outstanding as of October 31, 2023 and 2022, respectively. 259,373 16,390
Additional paid-in capital 13,717 7,683
Accumulated other comprehensive loss (1,016) (1,016)
Accumulated deficit (199,588) (99,671)
Total shareholder's equity (deficit) 72,486 (76,614)
Total liabilities, redeemable convertible preferred shares and shareholder's equity $ 86,959 23,909
Class A Redeemable Convertible Preferred Shares    
Current liabilities:    
Redeemable convertible preferred shares value   1,899
Class B Redeemable Convertible Preferred Shares    
Current liabilities:    
Redeemable convertible preferred shares value   1,554
Class C Redeemable Convertible Preferred Shares    
Current liabilities:    
Redeemable convertible preferred shares value   $ 49,665