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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating activities    
Loss for the year $ (81,943) $ (73,781)
Items not affecting cash:    
Amortization 362 360
Lease Expense 1,907 795
Accrued interest on credit facilities 416  
Share-based compensation and expenses settled with equity 25,313 12,360
Equity-accounted investment loss 226 571
Change in fair value of warrants liability (1,057) 986
Loss on termination of contract 199  
Unrealized foreign exchange (1,222) (51)
Interest paid on Short-Term Debt (73)  
Changes in working capital:    
Receivables and prepayments 127 748
Accounts payable and accrued liabilities 12,277 (1,561)
Net cash used in operating activities (43,468) (59,573)
Investing activities    
Acquisition of equipment and software (515) (578)
Net cash used in investing activities (515) (578)
Financing activities    
Proceeds from registered direct offering 23,900 15,923
Expenses paid for registered direct offering (357) (1,182)
Proceeds from Shares issued from ATM 4,866 30
Proceeds from drawdown of Credit Facilities 4,275  
Proceeds from Drawdown of Allseas Short-Term Debt 2,000  
Repayment of Allseas Short-Term Debt (2,000)  
Proceeds from drawdown of Allseas Working Capital Loan Agreement 7,500  
Proceeds from Low Carbon Royalties Investment   5,000
Proceeds from employee stock plans 39 102
Proceeds from exercise of stock options 463 77
Proceeds from exercise of warrants by Allseas   116
Net cash provided by financing activities 40,686 20,066
Decrease in cash (3,297) (40,085)
Impact of exchange rate changes on cash (65) 51
Cash - beginning of year 6,842 46,876
Cash - end of year $ 3,480 $ 6,842