v3.25.2
Condensed Consolidated Statements of Cash Flows (unaudited)
$ in Thousands, € in Millions
 6 Months Ended
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Statement of Cash Flows [Abstract]    
Net loss for the period $ (68,954) $ (60,461)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation, amortization and accrued contingencies 1,712 (1,411)
Expenses related to share-based payments 2,947 3,483
Inventory write-downs 10,251 1,289
Other elements 1,002 33
Changes in operating assets and liabilities:    
Decrease (increase) in inventories and work in progress (10,251) (1,289)
Decrease (increase) in other current assets (3,957) (5,983)
(Decrease) increase in trade payables 14,921 (3,045)
(Decrease) increase in other current and non-current liabilities (1,527) (2,577)
Change in operating lease liabilities and right of use assets 283 197
Net cash flow used in operating activities (53,573) (69,765)
Cash flows used in investing activities :    
Change in property, plant, and equipment (42) (2,067)
Change in non-current financial assets (371) 626
Net cash flows used in investing activities (413) (1,441)
Cash flows provided by (used in) financing activities :    
Treasury shares 70 (95)
Capital increases, net of transaction costs 116,922 0
Net cash flows provided by (used in) financing activities 116,992 (95)
Effect of exchange rate changes on cash and cash equivalents 7,746 (3,853)
Net (decrease) / increase in cash and cash equivalents 70,752 (75,154)
Net Cash and cash equivalents at the beginning of the period 32,456 141,367
Net cash and cash equivalents at the end of the period $ 103,207 $ 66,213