v3.26.1
LONG TERM DEBT (Tables)
6 Months Ended
Jun. 30, 2026
Debt Instrument [Line Items]  
Schedule of long-term debt

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​

​

​

​

​

​

  ​ ​ ​

June 30, 

​

December 31, 

​

 

2026

​

2025

France term loan

 

38,046

 

17,980

Including EIB loan

​

18,047

​

6,943

Including EIB warrants

​

18,334

​

8,115

Including other French loans

​

1,665

​

2,922

Total long term debt

 

38,046

 

17,980

Less current portion

 

(848)

 

(2,076)

Total long-term portion

 

37,197

 

15,903

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EIB Warrants, Tranche A  
Debt Instrument [Line Items]  
Schedule of fair value measurement inputs to calculate value of warrant liability

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​

​

​

​

EIB Credit Facility Tranche A Warrants

June 30, 2026

​

December 31, 2025

Number of Warrants outstanding

2,624,421

​

2,624,421

Share price

5.18

​

3.29

Volatility

68%

​

68%

Maturity (years)

19.3

​

19.8

Fair value

12,962

​

8,115

Schedule of carrying value of the EIB Loan and warrants

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​

​

​

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EIB Tranche A

June 30, 2026

​

December 31, 2025

Debt component - amortized cost

7,859

​

6,943

Warrants

12,962

​

8,115

Total

20,821

​

15,058

EIB Warrants, Tranche B  
Debt Instrument [Line Items]  
Schedule of fair value measurement inputs to calculate value of warrant liability

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​

​

​

​

​

EIB Credit Facility Tranche B Warrants

June 30, 2026

​

At inception

​

Number of Warrants outstanding

1,116,244

​

1,116,244

​

Share price

5.18

​

3.69

​

Volatility

68%

​

68%

​

Maturity (years)

19.8

​

20.0

​

Fair value

5,372

​

3,775

​

Schedule of carrying value of the EIB Loan and warrants

​

​

​

​

​

EIB Tranche B

June 30, 2026

​

At inception

Gross debt component

—

​

9,898

Expenses

—

​

(34)

Debt component - net value

10,188

​

9,864

Warrants

5,372

​

3,775

Total net value

15,560

​

13,638