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v3.25.4

Consolidated Statements of Changes in Equity - USD ($) $ in Thousands | Total | Number of Common Shares | Equity Reserves | Treasury Shares | Accumulated Other Comprehensive Income (Loss) | Accumulated Deficit
--- | --- | --- | --- | --- | --- | ---
Balance, shares at Dec. 31, 2023 |  | 128,728,248 |  |  |  |
Balance, amount at Dec. 31, 2023 | $ 106,001 | $ 151,688 | $ 11,041 | $ (97) | $ (5,208) | $ (51,423)
Statement [Line Items] |  |  |  |  |  |
At the market issuances, shares |  | 9,338,685 |  |  |  |
At the market issuances, amount | 9,732 | $ 9,732 | 0 |  |  |
Exercise of options, shares |  | 1,301,000 |  |  |  |
Exercise of options, amount | 986 | $ 1,515 | (529) |  |  |
Vesting of RSUs, shares |  | 1,197,709 |  |  |  |
Vesting of RSUs, amount | 0 | $ 1,018 | (1,018) | 0 | 0 | 0
Issuance costs | (628) | (628) | 0 | 0 | 0 | 0
Share-based payments | 2,035 | 0 | 2,035 | 0 | 0 | 0
Net income for the period | 8,100 | 0 | 0 | 0 | 0 | 8,100
Currency translation differences | (827) | $ 0 | 0 | 0 | (827) | 0
Balance, shares at Dec. 31, 2024 |  | 140,565,642 |  |  |  |
Balance, amount at Dec. 31, 2024 | 125,399 | $ 163,325 | 11,529 | (97) | (6,035) | (43,323)
Statement [Line Items] |  |  |  |  |  |
At the market issuances, shares |  | 16,504,560 |  |  |  |
At the market issuances, amount | 77,024 | $ 77,024 | 0 | 0 | 0 | 0
Exercise of options, shares |  | 3,930,490 |  |  |  |
Exercise of options, amount | 2,617 | $ 4,768 | (2,151) | 0 | 0 | 0
Vesting of RSUs, shares |  | 1,308,296 |  |  |  |
Vesting of RSUs, amount | 0 | $ 1,008 | (1,008) | 0 | 0 | 0
Issuance costs | (2,808) | (2,808) | 0 | 0 | 0 | 0
Share-based payments | 3,726 | 0 | 3,726 | 0 | 0 | 0
Net income for the period | 26,643 |  |  |  |  | 26,643
Carrying value of RSUs forfeited for withholding taxes | (342) | $ 0 | (342) | 0 | 0 | 0
Expiration of options |  |  | (65) |  |  | 65
Currency translation differences | 1,771 |  |  |  | 1,771 |
Balance, shares at Dec. 31, 2025 |  | 162,308,988 |  |  |  |
Balance, amount at Dec. 31, 2025 | $ 234,030 | $ 243,317 | $ 11,689 | $ (97) | $ (4,264) | $ (16,615)

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