Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Shareholders' Equity

v3.26.1
Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Common Stock [Member]
Private Placement [Member]
Common Stock [Member]
A T M Offering [Member]
Common Stock [Member]
AOCI Attributable to Parent [Member]
Private Placement [Member]
AOCI Attributable to Parent [Member]
A T M Offering [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Private Placement [Member]
Retained Earnings [Member]
A T M Offering [Member]
Retained Earnings [Member]
Private Placement [Member]
A T M Offering [Member]
Total
Balances (in shares) at Dec. 31, 2023     37,958,000                  
Balances at Dec. 31, 2023     $ 166,609     $ 6     $ (115,558)     $ 51,057
Issuance of common shares under Private Placement (in shares) 4,720,000                      
Issuance of common shares under Private Placement $ 11,747     $ 0     $ 0     $ 11,747    
Issuance of common shares upon the exercise of stock options (in shares)     117,000                  
Issuance of common shares upon the exercise of stock options     $ 256     0     0     $ 256
Issuance of common shares upon the vesting and settlement of restricted stock units (in shares)     23,660                 23,660
Issuance of common shares upon the vesting and settlement of restricted stock units     $ 0     0     0     $ 0
Share-based compensation expense     2,085     0     0     2,085
Unrealized gain (loss) on marketable securities     0     17     0     17
Net loss     $ 0     0     (24,444)     (24,444)
Balance (in shares) at Dec. 31, 2024     42,818,660                  
Balance at Dec. 31, 2024     $ 180,697     23     (140,002)     40,718
Issuance of common shares under Private Placement (in shares) 8,606,425 1,724,472                 1,724,472  
Issuance of common shares under Private Placement $ 29,967 $ 13,315   $ 0 $ 0   $ 0 $ 0   $ 29,967 $ 13,315  
Issuance of common shares upon the exercise of stock options (in shares)     415,253                  
Issuance of common shares upon the exercise of stock options     $ 1,004     0     0     $ 1,004
Issuance of common shares upon the vesting and settlement of restricted stock units (in shares)     35,215                 35,215
Issuance of common shares upon the vesting and settlement of restricted stock units     $ 0     0     0     $ 0
Share-based compensation expense     3,846     0     0     3,846
Unrealized gain (loss) on marketable securities     0     27     0     27
Net loss     $ 0     0     (32,766)     $ (32,766)
Issuance of common shares in settlement of deferred stock units (in shares)     142,345                 142,345
Balance (in shares) at Dec. 31, 2025     53,742,370                  
Balance at Dec. 31, 2025     $ 228,829     $ 50     $ (172,768)     $ 56,111