Operating Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Summary of Lease Cost and Cash Flows Arising From Operating Leases, Weighted Average Remaining Lease Term and Weighted Average Discount Rate

The following table shows the total lease cost and the cash flows arising from the six operating leases, and information about weighted-average remaining lease term and weighted-average discount rate.


At December 31,		2020				2021				2022				2023				2024
		(’000)				(’000)				(’000)				(’000)				(’000)
Lease cost
Operating lease cost		$	1,801			$	1,570			$	1,521			$	525			$	264
Sublease income			(615	)			(1,482	)			(1,103	)			(344	)			(150	)

Total lease cost		$	1,186			$	88			$	418			$	181			$	114

Other information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases		$	1,305			$	1,515			$	575			$	503			$	—

Right-of-use assets obtained in exchange for new operating lease liabilities		$	486			$	51			$	33			$	23			$	—

Weighted-average remaining lease term - operating lease			96 months				85 months				75 months				64 months				—

Weighted-average discount rate – operating lease			6.75	%			6.75	%			6.75	%			6.75	%			—

Summary of Maturities of Lease Liabilities

Maturities of lease liabilities are as follows:


Year ended December 31,		2020				2021				2022				2023				2024
		(’000)				(’000)				(’000)				(’000)				(’000)
2021		$	1,702			$	—			$	—			$	—			$	—
2022			1,527				1,103				—				—				—
2023			1,426				1,492				547				—				—
2024			1,630				1,666				539				530				—
2025			1,642				1,678				550				540				—
2026			—				1,605				582				572				—
2027			—				—				593				583				—
2028			—				—				—				618				—
Thereafter		$	5,379			$	3,891			$	838			$	206			$	—

		$	13,306			$	11,435			$	3,649			$	3,049			$	—
Less: Imputed interest			(2,998	)			(2,229	)			(690	)			(495	)			—

Total lease cost		$	10,308			$	9,206			$	2,959			$	2,554			$	—

Summary of Lease Liabilities

Lease liabilities consist of the following:


Year ended December 31,		2020				2021				2022				2023				2024
		(’000)				(’000)				(’000)				(’000)				(’000)
Current portion of lease liabilities		$	1,064			$	700			$	361			$	372			$	—
Noncurrent portion of lease liabilities			9,244				8,506				2,598				2,182				—

Total lease liabilities		$	10,308			$	9,206			$	2,959			$	2,554			$	—