XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash $ 5,918 $ 1,810
Other receivables 197 121
Prepaid expenses 1,283 697
Inventory 133 0
Total current assets 7,531 2,628
Non current assets    
Prepaid expenses 1,000 1,657
Equipment, net 135 136
Intangible assets, net 1,097 180
Goodwill 5,175 0
Total non current assets 7,407 1,973
TOTAL ASSETS 14,938 4,601
Current liabilities    
Trade payables 1,502 1,816
Deferred revenue 283 13
Convertible promissory note, net of unamortized discount 0 694
Deemed dividend liability 0 0
Contingent consideration payable 478 0
Derivative liability 0 827
Total current liabilities 2,795 4,976
Non current liabilities    
Deferred revenue (43) 0
TOTAL LIABILITIES 2,838 4,976
COMMITMENTS AND CONTINGENCIES (Note 12)
SHAREHOLDERS’ EQUITY (DEFICIT)    
Preferred shares, $0.0001 par value: 1,000,000 shares authorized; nil issued and outstanding at June 30, 2025 and December 31, 2024 0 0
Common shares, $0.0001 par value: 100,000,000 shares authorized; 13,298,838 and 8,122,060 issued and outstanding at June 30, 2025 and December 31, 2024, respectively 1 0
Additional paid-in capital 118,356 86,709
Accumulated deficit (106,257) (87,084)
TOTAL SHAREHOLDERS’ EQUITY (DEFICIT) 12,100 (375)
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 14,938 4,601
Related Party [Member]    
Current liabilities    
Accrued liabilities $ 532 $ 1,626