v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash $ 35,195 $ 54,912
Trade and other receivables, net (note 3) 4,898 7,045
Inventory (note 4) 8,353 5,801
Prepaid expenses and deposits 365 1,307
Total current assets 48,811 69,065
Property and equipment, net (note 5) 278 425
Intangible assets, net (note 6) 175 261
Right-of-use assets, net 303 396
Deferred tax assets, net 101 87
Total assets 49,668 70,234
Current liabilities:    
Accounts payable 949 1,317
Accrued expenses and other current liabilities (note 7) 3,802 2,835
Deferred revenue 694 419
Long-term debt (note 8)   1,737
Lease liabilities 279 257
Total current liabilities 5,724 6,565
Deferred revenue 74 49
Long-term debt (note 8) 4,462 2,924
Lease liabilities 72 203
Other non-current liabilities 77 71
Total liabilities 10,409 9,812
Shareholders' equity    
Common shares, no par value, unlimited shares authorized, 30,053,142 and 30,039,809 issued and outstanding at June 30, 2025 and December 31, 2024, respectively (note 9) 281,641 281,552
Additional paid-in capital 23,649 21,298
Accumulated other comprehensive income 5,558 2,742
Accumulated deficit (271,589) (245,170)
Total shareholders' equity 39,259 60,422
Total liabilities and shareholders' equity $ 49,668 $ 70,234

Source

10-Q XBRL Zip