v3.25.1
Consolidated Statements of Operations Information
12 Months Ended
Dec. 31, 2024
Consolidated Statements of Operations Information  
Consolidated Statements of Operations Information

Note 17. Consolidated Statements of Operations Information

Revenue

The Group’s revenue comprised:

Years ended December 31:

    

2024

    

2023

    

2022

Royalty, goods and products and services

$

24,279

$

43,330

$

52,218

Interest

 

3,210

 

3,717

 

3,712

Dividends

166

146

268

Other, including medical and real estate sectors

7,647

7,751

7,491

Revenue

$

35,302

$

54,944

$

63,689

The revenue of $24,279 from royalty, goods and products and services for the year ended December 31, 2024 comprised royalty revenue of $20,046, energy of $4,171 and fees of $62.

The revenue of $43,330 from royalty, goods and products and services for the year ended December 31, 2023 comprised royalty revenue of $35,234, energy of $6,931 and fees of $1,165.

The revenue of $52,218 from royalty, goods and products and services for the year ended December 31, 2022 comprised royalty revenue of $28,970, energy of $21,555 and fees of $1,693.

Costs and Expenses

The Group’s costs of sales and services comprised:

Years Ended December 31:

    

2024

    

2023

    

2022

Royalty, goods and products and services

$

8,532

$

12,689

$

23,677

Write-down (Reversal of write-down) of inventories

19

(27)

(21)

Net fair value loss (gain) on investment property

(2,005)

59

(96)

Gain on dispositions of subsidiaries, net

(3,646)

(264)

Gains on settlements and derecognition of liabilities

(1,313)

(69)

Change in fair value of loan payable measured at FVTPL

(1,197)

360

141

Losses on securities, net

218

2,794

2,436

Other, including medical and real estate sectors

5,142

4,512

4,078

Total costs of sales and services

$

7,063

$

19,074

$

29,882

Note 17. Consolidated Statements of Operations Information (continued)

The Group’s net gain from dispositions of subsidiaries comprised:

Years Ended December 31:

 

2024

 

2023

 

2022

Net liabilities in excess of considerations received

 

$

(3,646)

 

$

 

$

(273)

Reclassification adjustment for the exchange differences upon dispositions of subsidiary

9

Gain on disposition of subsidiary, net (see Note 27)

 

$

(3,646)

 

$

 

$

(264)

The Group included the following items in costs of sales and services:

Years ended December 31:

    

2024

    

2023

    

2022

Inventories as costs of goods sold (including depreciation expenses allocated to costs of goods sold)

$

73

$

40

$

80

The Group’s selling, general and administrative expenses comprised:

Years ended December 31:

    

2024

    

2023

    

2022

Compensation (wages and salaries)

$

6,293

$

5,418

$

4,443

Legal and professional

 

6,091

 

7,242

6,983

Accounting

1,765

1,646

885

Consulting and fees

3,693

3,095

6,529

Depreciation and amortization

858

932

784

Office

1,065

804

748

Reimbursement of expenses (net of recovery)

679

886

5,607

Other

4,891

4,159

*

2,501

$

25,335

$

24,182

$

28,480

* Including expenses of $542 relating to a planned acquisition which was terminated in 2023.

Additional information on the nature of costs and expenses

Years Ended December 31:

    

2024

    

2023

    

2022

Depreciation, depletion and amortization

$

7,221

$

7,929

$

10,699

Employee benefits expenses*

 

8,044

 

8,057

 

7,194

Expenses for defined contribution plans and similar plans

227

278

Termination benefits

1,424

394

Employee benefits expenses do not include the directors’ fees of the Company. For directors’ fees, see Note 24.