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The latest financial statement is for the quarter ending 2026-03-31.

Cash Flow Overview

Free Cash flow
-$45,934K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Proceeds from sale of future roy...
    • Proceeds from marketable securit...
    • Issuance of common stock on exer...
    • Others
Negative Cash Flow Breakdown
    • Purchases of common stock for re...
    • Net loss
    • Accounts payable and accrued lia...
    • Others

Cash Flow
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Segment loss
--34,219 -13,646 -
Depreciation and amortization
-1,083 1,553 -
Stock-based compensation expense
-8,850 6,911 -
Change in contingent consideration
-0 0 -
Impairment on ipr&d (note 6)
-0 0 -
Interest income
-2,975 3,529 -
Other (expense) income, net (note 12)
--302 315 -
Income tax (expense) recovery, net
--270 1,336 -
Net loss
-44,162 -41,209 -19,602 -20,319
Depreciation of property and equipment
963 898 905 1,866
Change in fair value of contingent consideration liability (note 15)
-0 0 0
Amortization of intangible assets
176 185 648 3,223
Stock-based compensation expense
6,935 8,850 6,911 12,273
Impairment of acquired ipr&d (note 6)
-0 0 0
Amortization of operating lease right-of-use assets
1,708 924 1,031 1,430
Amortization of debt issuance costs
26 ---
Non-cash interest expense related to sale of royalties
2,040 ---
Change in fair value of investments in equity instruments
-0 --
Deferred income tax recovery
2,200 -1,410 170 295
Unrealized foreign exchange gain
331 -305 451 -678
Accounts receivable
36 -24,713 26,721 -53,208
Prepaid expenses and other current assets
1,726 5,120 -3,267 -8,362
Accounts payable and accrued liabilities
-7,750 1,335 3,341 -28,324
Operating lease liabilities
-1,005 -838 -872 -1,632
Deferred revenue
-340 -779 -614 -21,777
Income taxes payable
-16 -933 915 -27
Net cash provided used in operating activities
-45,718 -10,259 -31,412 8,666
Purchases of marketable securities
0 56,828 35,054 104,179
Proceeds from marketable securities
70,175 62,916 35,832 126,328
Acquisition of property and equipment
216 581 410 530
Proceeds from issuance of common stock under at-the-market program and from public offerings, net of issuance costs (notes 10a)
-0 --
Acquisition of intangible assets
0 139 0 692
Private placement (note 10a)
-0 4,988 -
Net cash provided by investing activities
69,959 5,368 368 20,927
Issuance of common stock on exercise of stock options
8,717 6,825 7,923 2,156
Issuance of common stock through employee stock purchase plan
607 0 881 544
Purchases of common stock for retirement
76,151 25,479 16,216 -
Proceeds from sale of future royalties
250,000 ---
Deferred financing costs
--28 65
Deferred financing fees
-181 --
Payments for transaction costs related to sale of future royalties
4,387 ---
Net cash provided by financing activities
178,786 -18,742 -2,452 2,635
Effect of exchange rate changes on cash and cash equivalents
98 -44 77 -78
Net change in cash and cash equivalents
203,125 -23,677 -33,419 32,150
Cash and cash equivalents, beginning of period
41,157 64,834 66,103 -
Cash and cash equivalents, end of period
244,282 41,157 64,834 -
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Proceeds from sale offuture royalties$250,000K Proceeds from marketablesecurities$70,175K Issuance of common stockon exercise of...$8,717K Issuance of common stockthrough employee stock...$607K Net cash provided byfinancing activities$178,786K Net cash provided byinvesting activities$69,959K Canceled cashflow$80,538K Effect of exchange ratechanges on cash and cash...$98K Canceled cashflow$216K Net change in cashand cash...$203,125K Canceled cashflow$45,718K Purchases of common stockfor retirement$76,151K Payments for transactioncosts related to sale...$4,387K Acquisition of property andequipment$216K Stock-based compensationexpense$6,935K Non-cash interestexpense related to sale...$2,040K Amortization of operatinglease right-of-use...$1,708K Depreciation of property andequipment$963K Amortization of intangibleassets$176K Amortization of debt issuancecosts$26K Net cash providedused in operating...-$45,718K Canceled cashflow$11,848K Net loss-$44,162K Accounts payable andaccrued liabilities-$7,750K Deferred income taxrecovery$2,200K Prepaid expenses andother current assets$1,726K Operating leaseliabilities-$1,005K Deferred revenue-$340K Unrealized foreignexchange gain$331K Accounts receivable$36K Income taxes payable-$16K