v3.25.2
Consolidated Statements of Cash Flows (Unaudited) - GBP (£)
£ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Loss for the period £ (3,806) £ (3,308)
Adjustments for:    
Depreciation of property, plant and equipment 70 67
Depreciation of right of use asset 69 68
Amortisation of intangible fixed asset 1 1
Impairment of commission paid in advance on ELOC 373
Finance income (180) (839)
Finance expense 135 49
Share-based payment expense 97 150
Taxation (165) (125)
Foreign exchange losses (157) 2
Cash flows from operating activities before changes in working capital (3,563) (3,935)
Decrease/(Increase) in trade and other receivables 2,047 (1,298)
(Decrease)/Increase in trade and other payables (2,090) 426
Cash used in operations (3,606) (4,807)
Taxes receipts 302
Net cash used in operating activities (3,304) (4,807)
Investing activities    
Purchases of property, plant and equipment (2)
Purchase of intangible assets (372) (852)
Interest received 35 98
Net cash generated from/(used in) investing activities (339) (754)
Financing activities    
Interest paid (10)
Amounts paid on lease liabilities (95) (93)
Repayment of Promissory Note (136)
Share issues including warrants, net of costs 6,251 4,738
Net cash generated from/(used in) financing activities 6,010 4,645
Net increase/(decrease) in cash and cash equivalents 2,367 (916)
Cash and cash equivalents at beginning of period 1,669 5,971
Cash and cash equivalents at end of period £ 4,036 £ 5,055