v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 3,724 $ 1,183
Prepayments and other receivables 145 223
Taxation receivable 32 3,793
Related party receivables 3,607 2,138
Total current assets 7,508 7,337
Non – Current Assets:    
Property and equipment, net 16 10
Right of use asset 171 283
Investment in related party 3,589 4,554
Total non-current assets 3,776 4,847
Total assets 11,284 12,184
Current liabilities:    
Accounts payable and accrued expenses 7,230 6,387
Lease Liability 106 138
Other liabilities 12 14
Total current liabilities 7,348 6,539
Lease Liability (Non-Current) 109
Total liabilities 7,348 6,648
Shareholders’ Equity:    
Called up share capital (111,462,617 shares are issued and outstanding; 2023:103,087,744) 111 103
Share premium 23,105 16,492
Share based payment reserve – Options 7,626 6,905
Share based payment reserve – warrants 25
Merger relief reserve 118,697 118,697
Treasury shares (1,574)
RSU reserve 910
Shares to be issued reserve 225
Translation reserve (1,707) (1,636)
Retained earnings (144,831) (133,676)
Total shareholders’ equity 3,936 5,536
Total liabilities and shareholders’ equity $ 11,284 $ 12,184