Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Stockholders (Deficit) Equity (Unaudited)

v3.25.3
Consolidated Statements of Stockholders (Deficit) Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (loss)
Balance, shares at Dec. 31, 2023   532,000      
Balance, amount at Dec. 31, 2023 $ 11,752 $ 1 $ 52,264 $ (40,310) $ (203)
Common stock issued for cash, shares   6,000      
Common stock issued for cash, amount 55 $ 0 55 0 0
Stock based compensation 213 0 213 0 0
Net loss for the period (2,483) $ 0 0 (2,483) 0
Balance, shares at Mar. 31, 2024   538,000      
Balance, amount at Mar. 31, 2024 9,537 $ 1 52,532 (42,793) (203)
Balance, shares at Dec. 31, 2023   532,000      
Balance, amount at Dec. 31, 2023 11,752 $ 1 52,264 (40,310) (203)
Stock based compensation 617        
Net loss for the period (6,048)        
Other comprehensive loss (15)        
Balance, shares at Sep. 30, 2024   538,000      
Balance, amount at Sep. 30, 2024 6,361 $ 1 52,936 (46,358) (218)
Balance, shares at Mar. 31, 2024   538,000      
Balance, amount at Mar. 31, 2024 9,537 $ 1 52,532 (42,793) (203)
Stock based compensation 195 0 195 0 0
Net loss for the period (2,433) $ 0 0 (2,433) 0
Balance, shares at Jun. 30, 2024   538,000      
Balance, amount at Jun. 30, 2024 7,299 $ 1 52,727 (45,226) (203)
Stock based compensation 209 0 209 0 0
Net loss for the period (1,132) 0 0 (1,132) 0
Other comprehensive loss (15) $ 0 0 0 (15)
Balance, shares at Sep. 30, 2024   538,000      
Balance, amount at Sep. 30, 2024 6,361 $ 1 52,936 (46,358) (218)
Balance, shares at Dec. 31, 2024   567,000      
Balance, amount at Dec. 31, 2024 2,857 $ 1 53,194 (50,136) (202)
Stock based compensation 192 0 192 0 0
Net loss for the period (2,372) 0 0 (2,372) 0
Other comprehensive loss (25) $ 0 0 0 (25)
Balance, shares at Mar. 31, 2025   567,000      
Balance, amount at Mar. 31, 2025 652 $ 1 53,386 (52,508) (227)
Balance, shares at Dec. 31, 2024   567,000      
Balance, amount at Dec. 31, 2024 2,857 $ 1 53,194 (50,136) (202)
Stock based compensation 774        
Net loss for the period (8,713)        
Other comprehensive loss (75)        
Balance, shares at Sep. 30, 2025   1,555,000      
Balance, amount at Sep. 30, 2025 (633) $ 2 58,491 (58,849) (277)
Balance, shares at Mar. 31, 2025   567,000      
Balance, amount at Mar. 31, 2025 652 $ 1 53,386 (52,508) (227)
Common stock issued for cash, shares   137,000      
Common stock issued for cash, amount 1,081 $ 0 1,081 0 0
Stock based compensation 150 0 150 0 0
Net loss for the period (3,221) 0 0 (3,221) 0
Other comprehensive loss (68) $ 0 0 0 (68)
Balance, shares at Jun. 30, 2025   704,000      
Balance, amount at Jun. 30, 2025 $ (1,406) $ 1 54,617 (55,729) (295)
Common stock issued for cash, shares 50,858 750,000      
Common stock issued for cash, amount $ 3,311 $ 1 3,310 0 0
Stock based compensation 432 0 432 0 0
Net loss for the period (3,120) 0 0 (3,120) 0
Other comprehensive loss 18 $ 0 0 0 18
Warrants exercised, shares   101,000      
Warrants exercised, amount 132 $ 0 132 0 0
Balance, shares at Sep. 30, 2025   1,555,000      
Balance, amount at Sep. 30, 2025 $ (633) $ 2 $ 58,491 $ (58,849) $ (277)