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Shares issued as per At-the-Market Equity Distribution Agreement ("ATM")
12 Months Ended
Dec. 31, 2024
Shares issued as per At-the-Market Equity Distribution Agreement ("ATM")  
Shares issued as per At-the-Market Equity Distribution Agreement ("ATM")

14.

Shares issued as per At-the-Market Equity Distribution Agreement (“ATM”)

In December 2022, the Company filed a prospectus supplement with the Securities and Exchange Commission to sell up to $30 million of the Company’s common shares from time to time through an ATM. In 2024, the Company issued 3,251,588 common shares (2023: nil) at an average share price of $1.53, resulting in net proceeds of $4.9 million, after incurring $113 thousand as commission and fees (Note 16).