v3.25.2
Expenses by nature (Details) - GBP (£)
£ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Expense by nature        
Share based payment expenses     £ 3,207 £ 4,785
Related party administrative expenses £ 57 £ 21 151 42
Total administrative & research and development expenses        
Expense by nature        
Total administrative and research and development expenses 24,243 29,231 45,043 52,703
Research and development expenses        
Expense by nature        
Staff costs (excluding share-based payment expenses) 8,336 6,844 15,324 12,680
Consultancy costs 1,202 4,256 3,134 7,395
Research and development components, parts and tooling 2,036 6,867 4,333 11,876
Total expenses by nature 11,574 17,967 22,791 31,951
Administrative expenses        
Expense by nature        
Staff costs (excluding share-based payment expenses) 3,195 2,331 6,050 4,687
Share based payment expenses 2,063 2,856 3,207 4,785
Consultancy costs 1,025 544 1,641 1,173
Legal and financial advisory costs 1,063 717 1,781 1,771
HR advisory and recruitment costs 627 229 822 349
IT hardware and Software costs 1,906 1,819 3,767 3,407
Insurance and premises expenses 592 33 1,178 152
Marketing costs 433 696 585 774
Premises expenses 414 566 902 1,144
Depreciation expense 252 289 466 558
Amortisation expense 51 263 107 536
Depreciation on right of use property assets 202 157 360 326
Other administrative expenses 789 743 1,235 1,048
Related party administrative expenses 57 21 151 42
Total expenses by nature £ 12,612 £ 11,243 £ 22,101 £ 20,710