{
  "ticker": {
    "uuid": "878a092f-7faf-4fea-9550-602eb3c647f0",
    "symbol": "MARI",
    "name": "Marimaca Copper Corp.",
    "exchange": "TOR",
    "exchange_name": "Toronto Stock Exchange",
    "country": "CA",
    "currency": "CAD",
    "sector": "Basic Materials",
    "industry": "Copper",
    "page_url": "https://sharemaestro.com/factors/ticker/878a092f-7faf-4fea-9550-602eb3c647f0/",
    "api_url": "https://sharemaestro.com/factors/api/tickers/878a092f-7faf-4fea-9550-602eb3c647f0/"
  },
  "latest_snapshot": {
    "ticker": {
      "uuid": "878a092f-7faf-4fea-9550-602eb3c647f0",
      "symbol": "MARI",
      "name": "Marimaca Copper Corp.",
      "exchange": "TOR",
      "exchange_name": "Toronto Stock Exchange",
      "country": "CA",
      "currency": "CAD",
      "sector": "Basic Materials",
      "industry": "Copper",
      "page_url": "https://sharemaestro.com/factors/ticker/878a092f-7faf-4fea-9550-602eb3c647f0/",
      "api_url": "https://sharemaestro.com/factors/api/tickers/878a092f-7faf-4fea-9550-602eb3c647f0/"
    },
    "week_end_date": "2026-08-09",
    "universe": "CAD_CA",
    "score": {
      "os": 0.44,
      "value": 0.45,
      "quality": 0.47,
      "momentum": 0.48,
      "coverage": 0.636,
      "confidence": 0.595,
      "delta": 0
    },
    "headline_factors": {
      "price": 8,
      "market_cap": 1079842080,
      "pe_ratio": null,
      "earnings_yield": null,
      "ebitda_to_ev": null,
      "shareholder_yield": -0.062,
      "roe": -0.1257,
      "piotroski_f_score": 2,
      "momentum_12_1": -0.232,
      "volatility_252d": 0.4755
    },
    "strategy_flags": {
      "market_leader": false,
      "cornerstone_value": false,
      "cornerstone_growth": false,
      "tiny_titan": false,
      "all_cap_buyback": false,
      "small_cap_core": false,
      "veiled_value": false,
      "earnings_consistent_5y": false
    },
    "factor_groups": {
      "valuation": {
        "pe_ratio": null,
        "ev_ebitda": null,
        "earnings_yield": null,
        "fcf_yield": -0.0418,
        "shareholder_yield": -0.062
      },
      "quality": {
        "roe": -0.1257,
        "roic": -0.2246,
        "gross_margin": null,
        "fcf_margin": null,
        "piotroski_f_score": 2
      },
      "growth": {
        "revenue_growth_1y": null,
        "eps_growth_1y": null,
        "fcf_growth_1y": null
      },
      "momentum": {
        "price_return_12m": -0.1895,
        "momentum_12_1": -0.232,
        "relative_strength": -0.5001
      },
      "scores": {
        "value_percentile": 0.45,
        "quality_percentile": 0.47,
        "momentum_percentile": 0.48,
        "growth_composite": 52,
        "yield_composite": 52,
        "overall_composite": 56,
        "os_score": 0.44,
        "factor_coverage": 0.636,
        "signal_confidence": 0.595
      }
    }
  },
  "factor_history": [
    {
      "week_end_date": "2026-06-07",
      "price": 7.06,
      "os": 0.37,
      "value": 0.43,
      "quality": 0.43,
      "momentum": 0.43,
      "confidence": 0.636,
      "coverage": 0.636,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.0702,
      "roe": -0.1257,
      "momentum_12_1": 0.4991
    },
    {
      "week_end_date": "2026-06-14",
      "price": 7.99,
      "os": 0.38,
      "value": 0.43,
      "quality": 0.44,
      "momentum": 0.44,
      "confidence": 0.636,
      "coverage": 0.636,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.0621,
      "roe": -0.1257,
      "momentum_12_1": 0.4589
    },
    {
      "week_end_date": "2026-06-21",
      "price": 8.11,
      "os": 0.51,
      "value": 0.49,
      "quality": 0.5,
      "momentum": 0.52,
      "confidence": 0.636,
      "coverage": 0.636,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.0611,
      "roe": -0.1257,
      "momentum_12_1": 0.386
    },
    {
      "week_end_date": "2026-06-28",
      "price": 7.35,
      "os": 0.42,
      "value": 0.44,
      "quality": 0.46,
      "momentum": 0.47,
      "confidence": 0.636,
      "coverage": 0.636,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.0675,
      "roe": -0.1257,
      "momentum_12_1": 0.1243
    },
    {
      "week_end_date": "2026-07-05",
      "price": 7.85,
      "os": 0.72,
      "value": 0.58,
      "quality": 0.6,
      "momentum": 0.6,
      "confidence": 0.63,
      "coverage": 0.636,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.0632,
      "roe": -0.1257,
      "momentum_12_1": -0.2182
    },
    {
      "week_end_date": "2026-07-12",
      "price": 7.58,
      "os": 0.73,
      "value": 0.59,
      "quality": 0.6,
      "momentum": 0.62,
      "confidence": 0.623,
      "coverage": 0.636,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.0654,
      "roe": -0.1257,
      "momentum_12_1": -0.2089
    },
    {
      "week_end_date": "2026-07-19",
      "price": 7.08,
      "os": 0.46,
      "value": 0.47,
      "quality": 0.49,
      "momentum": 0.5,
      "confidence": 0.616,
      "coverage": 0.636,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.07,
      "roe": -0.1257,
      "momentum_12_1": -0.1882
    },
    {
      "week_end_date": "2026-07-26",
      "price": 7.1,
      "os": 0.47,
      "value": 0.48,
      "quality": 0.49,
      "momentum": 0.49,
      "confidence": 0.609,
      "coverage": 0.636,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.0698,
      "roe": -0.1257,
      "momentum_12_1": -0.236
    },
    {
      "week_end_date": "2026-08-02",
      "price": 7.12,
      "os": 0.44,
      "value": 0.46,
      "quality": 0.47,
      "momentum": 0.48,
      "confidence": 0.602,
      "coverage": 0.636,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.0696,
      "roe": -0.1257,
      "momentum_12_1": -0.199
    },
    {
      "week_end_date": "2026-08-09",
      "price": 8,
      "os": 0.44,
      "value": 0.45,
      "quality": 0.47,
      "momentum": 0.48,
      "confidence": 0.595,
      "coverage": 0.636,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.062,
      "roe": -0.1257,
      "momentum_12_1": -0.232
    }
  ],
  "financial_periods": {
    "annual": [
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 205000,
          "gross_profit": -205000,
          "ebit": -29150000,
          "ebitda": -28945000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -26283000,
          "net_income_to_common": -26283000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 66782000,
          "total_current_assets": 67392000,
          "total_assets": 178530000,
          "short_term_debt": null,
          "long_term_debt": 788000,
          "total_debt": 934000,
          "total_liabilities": null,
          "total_equity": 172937000,
          "shares_outstanding": 119400000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -18812000,
          "capital_expenditure": -16414000,
          "free_cash_flow": -35226000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 66923000,
          "net_debt_issued": -45000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 205000,
          "gross_profit": -205000,
          "ebit": -29150000,
          "ebitda": -28945000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -26283000,
          "net_income_to_common": -26283000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 66782000,
          "total_current_assets": 67392000,
          "total_assets": 178530000,
          "short_term_debt": null,
          "long_term_debt": 788000,
          "total_debt": 934000,
          "total_liabilities": null,
          "total_equity": 172937000,
          "shares_outstanding": 119400000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -18812000,
          "capital_expenditure": -16414000,
          "free_cash_flow": -35226000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 66923000,
          "net_debt_issued": -45000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 205000,
          "gross_profit": -205000,
          "ebit": -29150000,
          "ebitda": -28945000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -26283000,
          "net_income_to_common": -26283000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 66782000,
          "total_current_assets": 67392000,
          "total_assets": 178530000,
          "short_term_debt": null,
          "long_term_debt": 788000,
          "total_debt": 934000,
          "total_liabilities": null,
          "total_equity": 172937000,
          "shares_outstanding": 119400000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -18812000,
          "capital_expenditure": -16414000,
          "free_cash_flow": -35226000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 66923000,
          "net_debt_issued": -45000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 205000,
          "gross_profit": -205000,
          "ebit": -29150000,
          "ebitda": -28945000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -26283000,
          "net_income_to_common": -26283000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 66782000,
          "total_current_assets": 67392000,
          "total_assets": 178530000,
          "short_term_debt": null,
          "long_term_debt": 788000,
          "total_debt": 934000,
          "total_liabilities": null,
          "total_equity": 172937000,
          "shares_outstanding": 119400000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -18812000,
          "capital_expenditure": -16414000,
          "free_cash_flow": -35226000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 66923000,
          "net_debt_issued": -45000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 205000,
          "gross_profit": -205000,
          "ebit": -29150000,
          "ebitda": -28945000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -26283000,
          "net_income_to_common": -26283000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 66782000,
          "total_current_assets": 67392000,
          "total_assets": 178530000,
          "short_term_debt": null,
          "long_term_debt": 788000,
          "total_debt": 934000,
          "total_liabilities": null,
          "total_equity": 172937000,
          "shares_outstanding": 119400000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -18812000,
          "capital_expenditure": -16414000,
          "free_cash_flow": -35226000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 66923000,
          "net_debt_issued": -45000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 205000,
          "gross_profit": -205000,
          "ebit": -29150000,
          "ebitda": -28945000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -26283000,
          "net_income_to_common": -26283000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 66782000,
          "total_current_assets": 67392000,
          "total_assets": 178530000,
          "short_term_debt": null,
          "long_term_debt": 788000,
          "total_debt": 934000,
          "total_liabilities": null,
          "total_equity": 172937000,
          "shares_outstanding": 119400000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -18812000,
          "capital_expenditure": -16414000,
          "free_cash_flow": -35226000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 66923000,
          "net_debt_issued": -45000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 205000,
          "gross_profit": -205000,
          "ebit": -29150000,
          "ebitda": -28945000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -26283000,
          "net_income_to_common": -26283000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 66782000,
          "total_current_assets": 67392000,
          "total_assets": 178530000,
          "short_term_debt": null,
          "long_term_debt": 788000,
          "total_debt": 934000,
          "total_liabilities": null,
          "total_equity": 172937000,
          "shares_outstanding": 119400000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -18812000,
          "capital_expenditure": -16414000,
          "free_cash_flow": -35226000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 66923000,
          "net_debt_issued": -45000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 205000,
          "gross_profit": -205000,
          "ebit": -29150000,
          "ebitda": -28945000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -26283000,
          "net_income_to_common": -26283000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 66782000,
          "total_current_assets": 67392000,
          "total_assets": 178530000,
          "short_term_debt": null,
          "long_term_debt": 788000,
          "total_debt": 934000,
          "total_liabilities": null,
          "total_equity": 172937000,
          "shares_outstanding": 119400000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -18812000,
          "capital_expenditure": -16414000,
          "free_cash_flow": -35226000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 66923000,
          "net_debt_issued": -45000
        }
      }
    ],
    "quarterly": [
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 61000,
          "gross_profit": -61000,
          "ebit": -7317000,
          "ebitda": -7256000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -8932000,
          "net_income_to_common": -8932000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 149792000,
          "total_current_assets": 150263000,
          "total_assets": 265826000,
          "short_term_debt": 143000,
          "long_term_debt": 771000,
          "total_debt": 914000,
          "total_liabilities": null,
          "total_equity": 262305000,
          "shares_outstanding": 133820979,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -5880000,
          "capital_expenditure": -6105000,
          "free_cash_flow": -11985000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 94397000,
          "net_debt_issued": -20000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 61000,
          "gross_profit": -61000,
          "ebit": -7317000,
          "ebitda": -7256000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -8932000,
          "net_income_to_common": -8932000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 149792000,
          "total_current_assets": 150263000,
          "total_assets": 265826000,
          "short_term_debt": 143000,
          "long_term_debt": 771000,
          "total_debt": 914000,
          "total_liabilities": null,
          "total_equity": 262305000,
          "shares_outstanding": 133820979,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -5880000,
          "capital_expenditure": -6105000,
          "free_cash_flow": -11985000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 94397000,
          "net_debt_issued": -20000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 61000,
          "gross_profit": -61000,
          "ebit": -7317000,
          "ebitda": -7256000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -8932000,
          "net_income_to_common": -8932000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 149792000,
          "total_current_assets": 150263000,
          "total_assets": 265826000,
          "short_term_debt": 143000,
          "long_term_debt": 771000,
          "total_debt": 914000,
          "total_liabilities": null,
          "total_equity": 262305000,
          "shares_outstanding": 133820979,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -5880000,
          "capital_expenditure": -6105000,
          "free_cash_flow": -11985000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 94397000,
          "net_debt_issued": -20000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 61000,
          "gross_profit": -61000,
          "ebit": -7317000,
          "ebitda": -7256000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -8932000,
          "net_income_to_common": -8932000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 149792000,
          "total_current_assets": 150263000,
          "total_assets": 265826000,
          "short_term_debt": 143000,
          "long_term_debt": 771000,
          "total_debt": 914000,
          "total_liabilities": null,
          "total_equity": 262305000,
          "shares_outstanding": 133820979,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -5880000,
          "capital_expenditure": -6105000,
          "free_cash_flow": -11985000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 94397000,
          "net_debt_issued": -20000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 61000,
          "gross_profit": -61000,
          "ebit": -7317000,
          "ebitda": -7256000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -8932000,
          "net_income_to_common": -8932000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 149792000,
          "total_current_assets": 150263000,
          "total_assets": 265826000,
          "short_term_debt": 143000,
          "long_term_debt": 771000,
          "total_debt": 914000,
          "total_liabilities": null,
          "total_equity": 262305000,
          "shares_outstanding": 133820979,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -5880000,
          "capital_expenditure": -6105000,
          "free_cash_flow": -11985000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 94397000,
          "net_debt_issued": -20000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 61000,
          "gross_profit": -61000,
          "ebit": -7317000,
          "ebitda": -7256000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -8932000,
          "net_income_to_common": -8932000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 149792000,
          "total_current_assets": 150263000,
          "total_assets": 265826000,
          "short_term_debt": 143000,
          "long_term_debt": 771000,
          "total_debt": 914000,
          "total_liabilities": null,
          "total_equity": 262305000,
          "shares_outstanding": 133820979,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -5880000,
          "capital_expenditure": -6105000,
          "free_cash_flow": -11985000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 94397000,
          "net_debt_issued": -20000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 61000,
          "gross_profit": -61000,
          "ebit": -7317000,
          "ebitda": -7256000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -8932000,
          "net_income_to_common": -8932000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 149792000,
          "total_current_assets": 150263000,
          "total_assets": 265826000,
          "short_term_debt": 143000,
          "long_term_debt": 771000,
          "total_debt": 914000,
          "total_liabilities": null,
          "total_equity": 262305000,
          "shares_outstanding": 133820979,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -5880000,
          "capital_expenditure": -6105000,
          "free_cash_flow": -11985000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 94397000,
          "net_debt_issued": -20000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 61000,
          "gross_profit": -61000,
          "ebit": -7317000,
          "ebitda": -7256000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -8932000,
          "net_income_to_common": -8932000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 149792000,
          "total_current_assets": 150263000,
          "total_assets": 265826000,
          "short_term_debt": 143000,
          "long_term_debt": 771000,
          "total_debt": 914000,
          "total_liabilities": null,
          "total_equity": 262305000,
          "shares_outstanding": 133820979,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -5880000,
          "capital_expenditure": -6105000,
          "free_cash_flow": -11985000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 94397000,
          "net_debt_issued": -20000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 61000,
          "gross_profit": -61000,
          "ebit": -7317000,
          "ebitda": -7256000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -8932000,
          "net_income_to_common": -8932000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 149792000,
          "total_current_assets": 150263000,
          "total_assets": 265826000,
          "short_term_debt": 143000,
          "long_term_debt": 771000,
          "total_debt": 914000,
          "total_liabilities": null,
          "total_equity": 262305000,
          "shares_outstanding": 133820979,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -5880000,
          "capital_expenditure": -6105000,
          "free_cash_flow": -11985000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 94397000,
          "net_debt_issued": -20000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 66000,
          "gross_profit": -66000,
          "ebit": -11723000,
          "ebitda": -11660000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -9431000,
          "net_income_to_common": -9431000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 66782000,
          "total_current_assets": 67392000,
          "total_assets": 178530000,
          "short_term_debt": 146000,
          "long_term_debt": 788000,
          "total_debt": 934000,
          "total_liabilities": null,
          "total_equity": 172937000,
          "shares_outstanding": 119400000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -12229000,
          "capital_expenditure": null,
          "free_cash_flow": -10505000,
          "dividends_paid": null,
          "share_repurchases": -14062000,
          "shares_issued": null,
          "net_debt_issued": -4000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 66000,
          "gross_profit": -66000,
          "ebit": -11723000,
          "ebitda": -11660000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -9431000,
          "net_income_to_common": -9431000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 66782000,
          "total_current_assets": 67392000,
          "total_assets": 178530000,
          "short_term_debt": 146000,
          "long_term_debt": 788000,
          "total_debt": 934000,
          "total_liabilities": null,
          "total_equity": 172937000,
          "shares_outstanding": 119400000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -12229000,
          "capital_expenditure": null,
          "free_cash_flow": -10505000,
          "dividends_paid": null,
          "share_repurchases": -14062000,
          "shares_issued": null,
          "net_debt_issued": -4000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 0,
          "cost_of_revenue": 66000,
          "gross_profit": -66000,
          "ebit": -11723000,
          "ebitda": -11660000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -9431000,
          "net_income_to_common": -9431000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 66782000,
          "total_current_assets": 67392000,
          "total_assets": 178530000,
          "short_term_debt": 146000,
          "long_term_debt": 788000,
          "total_debt": 934000,
          "total_liabilities": null,
          "total_equity": 172937000,
          "shares_outstanding": 119400000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -12229000,
          "capital_expenditure": null,
          "free_cash_flow": -10505000,
          "dividends_paid": null,
          "share_repurchases": -14062000,
          "shares_issued": null,
          "net_debt_issued": -4000
        }
      }
    ]
  },
  "strategy_matches": [
    {
      "key": "sector_relative",
      "name": "Cheapest in Sector",
      "slug": "sector-relative",
      "group": "value",
      "page_url": "/factors/sector-relative/"
    },
    {
      "key": "risk_adj_momentum",
      "name": "Price Strength Relative to Volatility",
      "slug": "risk-adj-momentum",
      "group": "momentum",
      "page_url": "/factors/risk-adj-momentum/"
    },
    {
      "key": "shareholder_yield",
      "name": "Shareholder Yield",
      "slug": "shareholder-yield",
      "group": "income",
      "page_url": "/factors/shareholder-yield/"
    }
  ],
  "coverage": {
    "factor_history_points": 10,
    "annual_financial_periods": 8,
    "quarterly_financial_periods": 12,
    "latest_factor_week": "2026-08-09",
    "latest_financials_period_end": "2026-03-31"
  },
  "schema": {
    "public_fields_only": true
  }
}