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v3.25.3

Condensed Consolidated Interim Statements of Changes in Equity - USD ($) $ in Thousands | Total | Number of Common Shares | Accumulated other comprehensive loss | Retained Earnings (Accumulated Deficit) | Equity Reserves | Treasury Shares
--- | --- | --- | --- | --- | --- | ---
Balance, amount at Dec. 31, 2023 | $ 106,001 | $ 151,688 | $ (5,208) | $ (51,423) | $ 11,041 | $ (97)
Balance, shares at Dec. 31, 2023 |  | 128,728,248 |  |  |  |
Statement [Line Items] |  |  |  |  |  |
At the market issuances, shares |  | 5,050,585 |  |  |  |
At the market issuances, amount | 3,906 | $ 3,906 | 0 | 0 | 0 | 0
Exercise of options, shares |  | 561,000 |  |  |  |
Exercise of options, amount | 372 | $ 572 |  |  | (200) |
Vesting of RSUs, shares |  | 1,197,709 |  |  |  |
Vesting of RSUs, amount | 0 | $ 1,018 | 0 | 0 | (1,018) | 0
Issuance costs | (276) | (276) | 0 | 0 | 0 | 0
Share-based payments | 1,601 | 0 | 0 | 0 | 1,601 | 0
Net income for the period | 3,008 | 0 | 0 | 3,008 | 0 | 0
Currency translation differences | (123) | 0 | (123) | 0 | 0 | 0
Balance, amount at Sep. 30, 2024 | 114,489 | $ 156,908 | (5,331) | (48,415) | 11,424 | (97)
Balance, shares at Sep. 30, 2024 |  | 135,537,542 |  |  |  |
Balance, amount at Dec. 31, 2024 | 125,399 | $ 163,325 | (6,035) | (43,323) | 11,529 | (97)
Balance, shares at Dec. 31, 2024 |  | 140,565,642 |  |  |  |
Statement [Line Items] |  |  |  |  |  |
At the market issuances, shares |  | 9,953,995 |  |  |  |
At the market issuances, amount | 37,538 | $ 37,538 | 0 | 0 | 0 | 0
Exercise of options, shares |  | 2,562,615 |  |  |  |
Exercise of options, amount | 1,660 | $ 3,165 | 0 | 0 | (1,505) | 0
Vesting of RSUs, shares |  | 1,308,296 |  |  |  |
Vesting of RSUs, amount | 0 | $ 1,008 | 0 | 0 | (1,008) | 0
Issuance costs | (1,602) | (1,602) | 0 | 0 | 0 | 0
Share-based payments | 2,847 | 0 | 0 | 0 | 2,847 | 0
Net income for the period | 16,183 | 0 | 0 | 16,183 | 0 | 0
Currency translation differences | 439 | 0 | 439 | 0 | 0 | 0
Carrying value of RSUs forfeited for withholding taxes | (342) | 0 | 0 | 0 | (342) | 0
Expiration of options | 0 | 0 | 0 | 65 | (65) | 0
Balance, amount at Sep. 30, 2025 | $ 182,122 | $ 203,434 | $ (5,596) | $ (27,075) | $ 11,456 | $ (97)
Balance, shares at Sep. 30, 2025 |  | 154,390,548 |  |  |  |

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