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Consolidated Statements of Loss and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
EXPENSES        
Research and development $ 6,707 $ 5,113 $ 13,804 $ 7,912
General and administrative 5,856 3,318 11,653 6,501
Total operating expenses 12,563 8,431 25,457 14,413
OTHER INCOME (EXPENSE)        
Interest income 192 833 514 1,201
Interest expense [note 6] (191) (804) (376) (1,617)
Change in fair value of contingent consideration [note 4 and note 5] (97) (57) (188) (109)
Other expense (59) (2) (38) (17)
Total other income (expense) (155) (30) (88) (542)
Net loss (12,718) (8,461) (25,545) (14,955)
OTHER COMPREHENSIVE LOSS        
Net unrealized loss on marketable securities (3) (11) (28) (11)
Total other comprehensive loss (3) (11) (28) (11)
Comprehensive loss $ (12,721) $ (8,472) $ (25,573) $ (14,966)
Basic net loss per common share [note 7[d]] $ (0.37) $ (0.25) $ (0.74) $ (0.5)
Diluted net loss per common share [note 7[d]] $ (0.37) $ (0.25) $ (0.74) $ (0.5)
Weighted average shares used in computation of basic net loss per common share [note 7[d]] 34,685,072 34,318,709 34,685,072 29,683,422
Weighted average shares used in computation of diluted net loss per common share [note 7[d]] 34,685,072 34,318,709 34,685,072 29,683,422