v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash $ 24,826 $ 54,912
Trade and other receivables, net (note 3) 8,166 7,045
Inventory (note 4) 8,337 5,801
Prepaid expenses and deposits 195 1,307
Total current assets 41,524 69,065
Property and equipment, net (note 5) 338 425
Intangible assets, net (note 6) 123 261
Right-of-use assets, net 240 396
Deferred tax assets, net 80 87
Total assets 42,305 70,234
Current liabilities:    
Accounts payable 717 1,317
Accrued expenses and other current liabilities (note 7) 3,972 2,835
Deferred revenue 434 419
Long-term debt (note 8) 4,480 1,737
Lease liabilities 277 257
Income tax payable 58  
Total current liabilities 9,938 6,565
Deferred revenue 148 49
Long-term debt (note 8)   2,924
Lease liabilities   203
Other non-current liabilities 76 71
Total liabilities 10,162 9,812
Shareholders' equity    
Common shares, no par value, unlimited shares authorized, 30,193,592 and 30,039,809 issued and outstanding at September 30, 2025 and December 31, 2024, respectively (note 9) 282,751 281,552
Additional paid-in capital 24,208 21,298
Accumulated other comprehensive income 4,750 2,742
Accumulated deficit (279,566) (245,170)
Total shareholders' equity 32,143 60,422
Total liabilities and shareholders' equity $ 42,305 $ 70,234

Source

10-Q XBRL Zip