v3.26.1
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Ordinary shares
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Total
BALANCE at Dec. 31, 2022 $ 406 $ 135,674 $ (73,879) $ 3 $ 62,204
BALANCE (in shares) at Dec. 31, 2022 101,597,998        
Equity component of the 2018 Notes   94     94
Net loss     (1,719)   (1,719)
BALANCE at Dec. 31, 2023 $ 406 135,768 (75,598) 3 60,579
BALANCE (in shares) at Dec. 31, 2023 101,597,998        
Shares issued on conversion of convertible note $ 44 21,047     21,091
Shares issued on conversion of convertible note (in shares) 10,912,168        
Net loss     (13,413)   (13,413)
Foreign currency translation adjustment       (8) (8)
BALANCE at Dec. 31, 2024 $ 450 156,815 (89,011) (5) 68,249
BALANCE (in shares) at Dec. 31, 2024 112,510,166        
Shares issued on financing $ 56 12,589     12,645
Shares issued on financing (in shares) 14,050,000        
Repurchase of shares $ (18) (3,942)     (3,960)
Repurchase of shares (in shares) (4,400,000)        
Net loss     (27,905)   (27,905)
Foreign currency translation adjustment       (5) (5)
BALANCE at Dec. 31, 2025 $ 488 $ 165,462 $ (116,916) $ (10) $ 49,024
BALANCE (in shares) at Dec. 31, 2025 122,160,166