Years Ended
December 31,

2024

2023

Revenue, net

$

3,276

$

1,536

Cost of revenues

(1,488

)

(6,964

)

Gross profit (loss)

1,788

(5,428

)

Income from grants

887

1,582

Research and development expenses

(3,225

)

(7,567

)

Administrative and selling expenses

(14,318

)

(28,825

)

Sublease income

145

543

Amortization of intangibles

(29

)

(207

)

Credit loss – customer contracts

(3,617

)

(1,048

)

Impairment losses

-

(9,763

)

Operating loss

(18,369

)

(50,713

)

Fair value change of warrant liability

59

394

Finance income / (expenses), net

(535

)

104

Foreign exchange gains / (losses), net

(272

)

101

Loss Contingency

(4,724

)

-

Net gains/ (losses) on disposal/write-offs of property, plant and equipment and intangible assets

(6,235

)

-

Other income / (expenses), net

7

(870

)

Segment and consolidated net loss before income taxes

(30,069

)

(50,984

)