v3.25.2
Condensed Consolidated Interim Statement of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net loss $ (1,535,012) $ (4,339,832)
Adjustments for:    
Depreciation 77,512 60,869
Share in result of an associate 530,997 237,007
Loss on disposal of discontinued operations 37
Unrealized foreign currency exchange loss/(gain), net (1,647,303) 117,916
Net interest expense 32,968 2,831
Share based payments 261,473 254,288
Employee benefits 46,871 29,804
Gain on modification of financial instruments (14,917)
Total (2,247,411) (3,637,080)
Changes in:    
Trade and other receivables 161,834 (38,587)
Prepayments 161,305 255,449
Trade and other payables 154,544 30,987
Accrued expenses 385,594 185,461
Net cash used in operating activities (1,384,134) (3,203,770)
Cash flows from investing activities    
Cash paid from other non-current financial assets (462)
Interest received 513
Disposal of subsidiaries 108
Net cash from investing activities (462) 621
Cash flows from financing activities    
Proceeds from offerings and warrant exercises 2,643,956
Transaction costs (52,972)
Proceeds from loans 438,407
Repayment of lease liabilities (63,152) (72,927)
Interest paid (7,318) (3,344)
Net cash from financing activities 367,937 2,514,713
Net increase / (decrease) in cash and cash equivalents (1,016,659) (688,436)
Cash and cash equivalents at beginning of the period 998,624 733,701
Net effect of currency translation on cash 7,196 20,190
Cash and cash equivalents at end of the period 3,755 65,455
Bank overdraft at the end of the period (14,594)
Cash and cash equivalents net of the bank overdraft at end of the period $ (10,839) $ 65,455