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

Income Taxes - Schedule of Deferred Income Tax Assets and Liabilities (Details)

v3.26.1
Income Taxes - Schedule of Deferred Income Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Deferred income tax assets:    
Net operating loss carryforwards $ 64,837 $ 31,776
Share-based compensation 1,300 1,390
Accrued expenses 747 295
174 Capitalization 0 4,606
Unrealized FX (gain)/loss 5 0
Other 408 267
Deferred income tax assets (liabilities), gross 67,297 38,334
Less valuation allowance (64,155) (38,333)
Total deferred income tax assets 3,142 1
Deferred tax liability - property and equipment (117) 0
Deferred tax liability - intangibles (3,379) 0
Deferred tax liability - unrealized FX (gain)/loss 0 (1)
Net deferred tax assets $ (354) $ 0