Quarterly report [Sections 13 or 15(d)]

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

v3.25.3
Condensed Consolidated Interim Statements of Financial Position (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 613 $ 6,152
Restricted cash and restricted cash equivalents 1,024 555
Prepaid expenses 2,013 2,253
Other current assets 127 570
Total current assets 3,777 9,530
Non-current assets:    
Property and equipment, net 8 26
Right-of-use assets, operating leases 277 571
Other long-term assets 2,279 0
Total non-current assets 2,564 597
Total assets 6,341 10,127
Current liabilities:    
Accounts payable 1,456 1,258
Accrued liabilities 4,804 2,773
Current portion of lease liability, operating leases 305 428
Interest on related party loan payable 514 18
Total current liabilities 7,079 4,477
Non-current liabilities:    
Lease liability, operating leases 0 193
Loan payable to related party 18,712 10,000
Total non-current liabilities 18,712 10,193
Total liabilities 25,791 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 September 30, 2025 and December 31, 2024, respectively 459,771 457,404
Additional paid-in capital 83,771 83,336
Accumulated other comprehensive loss (4,316) (4,316)
Accumulated deficit (558,676) (540,967)
Total shareholders' deficit (19,450) (4,543)
Total liabilities and shareholders' deficit $ 6,341 $ 10,127