v3.25.4
Condensed Interim Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Thousands
Common shares issued [Member]
Additional paid-in capital [Member]
Accumulated other comprehensive income [Member]
Accumulated deficit [Member]
Total
Beginning balance (Shares) at Mar. 31, 2024 106,080,151        
Beginning balance at Mar. 31, 2024 $ 0 $ 523,949 $ 6,329 $ (270,866) $ 259,412
Share-based compensation   2,723     2,723
Shares offering (Shares) 12,534,457        
Shares offering   36,227     36,227
Vesting of restricted stock units (Shares) 108,100        
Issuance costs   (303)     (303)
Reclassification of special warrants   (5,112)     (5,112)
Reclassification of derivative loan component   120     120
Net (loss) income for the period       (18,208) (18,208)
Translation adjustments     677   677
Ending balance (Shares) at Sep. 30, 2024 118,722,708        
Ending balance at Sep. 30, 2024 $ 0 557,604 7,006 (289,074) 275,536
Beginning balance (Shares) at Mar. 31, 2024 106,080,151        
Beginning balance at Mar. 31, 2024 $ 0 523,949 6,329 (270,866) 259,412
Net (loss) income for the period         49,952
Ending balance (Shares) at Dec. 31, 2024 140,200,735        
Ending balance at Dec. 31, 2024 $ 0 646,329 5,444 (220,914) 430,859
Beginning balance (Shares) at Mar. 31, 2024 106,080,151        
Beginning balance at Mar. 31, 2024 $ 0 523,949 6,329 (270,866) 259,412
Ending balance (Shares) at Mar. 31, 2025 165,615,186        
Ending balance at Mar. 31, 2025 $ 0 716,708 6,291 (273,862) 449,137
Beginning balance (Shares) at Sep. 30, 2024 118,722,708        
Beginning balance at Sep. 30, 2024 $ 0 557,604 7,006 (289,074) 275,536
Share-based compensation   3,526     3,526
Shares offering (Shares) 21,367,527        
Shares offering   85,224     85,224
Vesting of restricted stock units (Shares) 10,500        
Exercise of stock options (Shares) 100,000        
Exercise of stock options   101     101
Issuance costs   (126)     (126)
Net (loss) income for the period       68,160 68,160
Translation adjustments     (1,562)   (1,562)
Ending balance (Shares) at Dec. 31, 2024 140,200,735        
Ending balance at Dec. 31, 2024 $ 0 646,329 5,444 (220,914) 430,859
Beginning balance (Shares) at Mar. 31, 2025 165,615,186        
Beginning balance at Mar. 31, 2025 $ 0 716,708 6,291 (273,862) 449,137
Share-based compensation   11,223     11,223
Shares offering (Shares) 68,283,868        
Shares offering   139,363     139,363
Vesting of restricted stock units (Shares) 1,318,441        
Exercise of stock options (Shares) 600,000        
Exercise of stock options   738     738
Issuance costs   (199)     (199)
Shares issued for property (Shares) 1,000,000        
Shares issued for property   3,919     3,919
Net (loss) income for the period       19,219 19,219
Translation adjustments     1,200   1,200
Ending balance (Shares) at Sep. 30, 2025 236,817,495        
Ending balance at Sep. 30, 2025 $ 0 871,752 7,491 (254,643) 624,600
Beginning balance (Shares) at Mar. 31, 2025 165,615,186        
Beginning balance at Mar. 31, 2025 $ 0 716,708 6,291 (273,862) $ 449,137
Exercise of stock options (Shares)         675,100
Exercise of stock options         $ 1,112
Net (loss) income for the period         (72,108)
Ending balance (Shares) at Dec. 31, 2025 243,085,387        
Ending balance at Dec. 31, 2025 $ 0 897,030 8,210 (345,970) 559,270
Beginning balance (Shares) at Sep. 30, 2025 236,817,495        
Beginning balance at Sep. 30, 2025 $ 0 871,752 7,491 (254,643) 624,600
Share-based compensation   6,998     6,998
Shares offering (Shares) 5,448,726        
Shares offering   17,289     17,289
Vesting of restricted stock units (Shares) 528,441        
Exercise of stock options (Shares) 75,100        
Exercise of stock options   374     374
Issuance costs   (153)     (153)
Exercise of warrants (Shares) 215,625        
Exercise of warrants   770     770
Net (loss) income for the period       (91,327) (91,327)
Translation adjustments     719   719
Ending balance (Shares) at Dec. 31, 2025 243,085,387        
Ending balance at Dec. 31, 2025 $ 0 $ 897,030 $ 8,210 $ (345,970) $ 559,270