Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Financial Position

v3.25.1
Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 6,152 $ 9,252
Restricted cash equivalents, current 555 0
Prepaid expenses 2,253 2,042
Other current assets 570 600
Total current assets 9,530 11,894
Non-current assets:    
Property and equipment, net 26 152
Right-of-use assets, operating leases 571 943
Total non-current assets 597 1,095
Total assets 10,127 12,989
Current liabilities:    
Accounts payable to related parties 0 2,554
Accounts payable 1,258 3,492
Accrued liabilities 2,773 8,829
Current portion of lease liability, operating lease 428 394
Total current liabilities 4,459 15,269
Non-current liabilities:    
Lease liability, operating leases 193 621
Loan payable to related party 10,018  
Total non-current liabilities 10,211 621
Total liabilities 14,670 15,890
Shareholders' deficit:    
Common shares, no par value, unlimited authorized shares, 2,006,028 and 264,745 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively 457,404 444,806
Additional paid-in capital 83,336 72,146
Accumulated other comprehensive loss (4,316) (4,316)
Accumulated deficit (540,967) (515,537)
Total shareholders' deficit (4,543) (2,901)
Total liabilities and shareholders' deficit $ 10,127 $ 12,989