Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Interim Statements of Financial Position (Current Period Unaudited)

v3.25.2
Condensed Consolidated Interim Statements of Financial Position (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 553 $ 6,152
Restricted cash equivalents, current 745 555
Prepaid expenses 1,857 2,253
Other current assets 116 570
Total current assets 3,271 9,530
Non-current assets:    
Property and equipment 19 26
Right-of-use assets, operating leases 377 571
Other long-term assets 1,924 0
Total non-current assets 2,320 597
Total assets 5,591 10,127
Current liabilities:    
Accounts payable 2,879 1,258
Accrued liabilities 5,414 2,773
Current portion of lease liability, operating leases 413 428
Interest on related party loan payable 294 18
Total current liabilities 9,000 4,477
Non-current liabilities:    
Lease liability, operating leases 0 193
Loan payable to related party 10,962 10,000
Total non-current liabilities 10,962 10,193
Total liabilities 19,962 14,670
Shareholders' deficit:    
Common shares, no par value, unlimited authorized shares, 2,552,429 and 2,006,028 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 459,771 457,404
Additional paid-in capital 83,727 83,336
Accumulated other comprehensive loss (4,316) (4,316)
Accumulated deficit (553,553) (540,967)
Total shareholders' deficit (14,371) (4,543)
Total liabilities and shareholders' deficit $ 5,591 $ 10,127