v3.26.1
NET LOSS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2026
NET LOSS PER SHARE  
Schedule of basic net loss per share

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For the three months ended

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For the six months ended

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June 30, 2026

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June 30, 2025

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June 30, 2026

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June 30, 2025

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in thousand U.S. dollars except per share and share amounts

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Net loss

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$

(7,020)

 

$

(6,334)

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$

(13,070)

 

$

(11,666)

 

Total net loss attributable to common shareholders

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$

(7,020)

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$

(6,334)

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$

(13,070)

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$

(11,666)

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Basic and diluted net loss per common share

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(0.30)

 

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(0.30)

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(0.56)

 

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(0.56)

 

Weighted average of common shares outstanding

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23,475,989

 

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21,366,268

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23,445,397

 

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20,655,856

 

Schedule of weighted average of common shares outstanding

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For the three months ended

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For the six months ended

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June 30, 2026

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June 30, 2026

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Weighted average of common shares

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26,231,267

 

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26,156,289

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Average unvested RSAs

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(2,755,278)

 

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(2,710,892)

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Weighted average of common shares outstanding

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23,475,989

 

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23,445,397

 

Schedule of potentially dilutive securities were excluded from the calculation of diluted net loss per common stock because their effect would have been anti-dilutive

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June 30, 

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2026

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2025

Common shares issuable in relation to:

 

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Warrants

 

159,870

 

159,870

Options

 

348,281

 

348,281

Unvested RSAs *

 

2,900,117

 

2,305,823

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*Includes 193,557 of RSAs granted outside of the Incentive Plan; see explanation in Note 5.