Post-employment benefits (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Disclosure Of Information About Post Employment Benefits [Abstract] |
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| Summary of Additional Details on Defined Benefit Plans Funded Status |
The following table provides additional details on the defined benefit plans’ funded status (in USD thousands): | | | | | | | | | | | | | | | | | December 31, | | | 2025 | | 2024 | | Present value of defined benefit obligation | | $ | (28,429) | | | $ | (23,199) | | | Fair value of plan assets | | 24,267 | | | 19,360 | | | Net pension liability | | $ | (4,162) | | | $ | (3,839) | |
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| Summary of Movement in Defined Benefit Obligation Explanatory |
The following table presents the movement in the defined benefit obligation (in USD thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2025 | | 2024 | | | Funded | | Unfunded | | Total | | Funded | | Unfunded | | Total | | January 1 | | $ | (23,147) | | | $ | (52) | | | $ | (23,199) | | | $ | (22,972) | | | $ | (41) | | | $ | (23,013) | | | Service Cost | | (1,827) | | | (14) | | | (1,841) | | | (2,625) | | | (12) | | | (2,637) | | | of which current service cost | | (1,827) | | | (14) | | | (1,841) | | | (1,683) | | | (12) | | | (1,695) | | | of which past service cost including effects from curtailment | | — | | | — | | | — | | | (942) | | | — | | | (942) | | | Interest expense | | (227) | | | (2) | | | (229) | | | (293) | | | (1) | | | (294) | | | Actuarial gains (losses) | | 185 | | | (5) | | | 180 | | | (1,342) | | | — | | | (1,342) | | | Actual plan participants’ contributions | | (1,461) | | | — | | | (1,461) | | | (1,295) | | | — | | | (1,295) | | | Transfers (in) out due to (joiners) leavers | | 1,587 | | | — | | | 1,587 | | | 3,644 | | | — | | | 3,644 | | | Currency translation differences | | (3,455) | | | (11) | | | (3,466) | | | 1,736 | | | 2 | | | 1,738 | | | December 31 | | $ | (28,345) | | | $ | (84) | | | $ | (28,429) | | | $ | (23,147) | | | $ | (52) | | | $ | (23,199) | |
The table below presents the sensitivity analysis for the unfunded plans (in USD thousands): | | | | | | | | | | | | | | | | | December 31, | | | 2025 | | 2024 | | Discount rates | | | | | Increase of 50 basis points | | (5) | | | (4) | | Decrease of 50 basis points | | 6 | | | 4 | | | Expected rates of salary increases | | | | | Increase of 50 basis points | | 6 | | | 4 | | Decrease of 50 basis points | | (5) | | | (4) | |
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| Summary of Movement in Defined Benefit Plans Assets |
The following table presents the movement in the defined benefit plans’ assets (in USD thousands): | | | | | | | | | | | | | | | | | December 31, | | | 2025 | | 2024 | | As of January 1 | | $ | 19,360 | | | $ | 19,927 | | | Interest income | | 203 | | | 270 | | | Return on plan assets, excl. interest income | | 524 | | | 1,668 | | | Administrative expenses | | (65) | | | (61) | | | Employer contributions | | 1,562 | | | 1,390 | | | Employee contributions | | 1,461 | | | 1,295 | | | Transfers in (out) due to joiners (leavers) | | (1,587) | | | (3,644) | | | Currency translation differences | | 2,809 | | | (1,485) | | | As of December 31 | | $ | 24,267 | | | $ | 19,360 | |
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| Summary of Defined Benefit Plans Assets |
The following table presents the defined benefit plan assets, which include the following (in USD thousands): | | | | | | | | | | | | | | | | | December 31, | | | 2025 | | 2024 | | Cash | | $ | — | | | $ | 465 | | | Insurance policies | | 24,267 | | | 18,895 | | Total | | $ | 24,267 | | | $ | 19,360 | | | | | | | | French plan | | — | | | — | | | Swiss plan | | 24,267 | | | 19,360 | | | Total | | $ | 24,267 | | | $ | 19,360 | |
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| Summary of Pension Costs Recognized in Statement of Loss |
The following table presents the pension costs recognized in statement of loss (in USD thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, | | | 2025 | | 2024 | | 2023 | | | Funded | | Unfunded | | Total | | Funded | | Unfunded | | Total | | Funded | | Unfunded | | Total | | Service cost | | $ | (1,827) | | | $ | (14) | | | $ | (1,841) | | | $ | (2,625) | | | $ | (12) | | | $ | (2,637) | | | $ | (1,311) | | | $ | (10) | | | $ | (1,321) | | | Interest cost | | (24) | | | (2) | | | (26) | | | (23) | | | (1) | | | (24) | | | (413) | | | (1) | | | (414) | | | Total recognized | | $ | (1,851) | | | $ | (16) | | | $ | (1,867) | | | $ | (2,648) | | | $ | (13) | | | $ | (2,661) | | | $ | (1,724) | | | $ | (11) | | | $ | (1,735) | |
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| Summary of Pension Remeasurement Recognized in Statement Other Comprehensive Loss |
The following table presents the pension remeasurement recognized in statement of other comprehensive loss (in USD thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, | | | 2025 | | 2024 | | 2023 | | | Funded | | Unfunded | | Total | | Funded | | Unfunded | | Total | | Funded | | Unfunded | | Total | | Changes in demographic assumptions | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 700 | | | $ | — | | | $ | 700 | | | Changes in financial assumptions | | 439 | | | (5) | | | 434 | | | (1,908) | | | — | | | (1,908) | | | (901) | | | (2) | | | (903) | | | Experience adjustments | | (254) | | | — | | | (254) | | | 566 | | | — | | | 566 | | | 602 | | | 4 | | | 606 | | | Total actuarial gains (losses) | | 185 | | | (5) | | | 180 | | | (1,342) | | | — | | | (1,342) | | | 401 | | | 2 | | | 403 | | | Return on plan assets | | 524 | | | — | | | 524 | | | 1,668 | | | — | | | 1,668 | | | (654) | | | — | | | (654) | | | Currency translation differences | | — | | | — | | | — | | | — | | | 1 | | | 1 | | | 37 | | | 2 | | | 39 | | | Total recognized | | $ | 709 | | | $ | (5) | | | $ | 704 | | | $ | 326 | | | $ | 1 | | | $ | 327 | | | $ | (216) | | | $ | 4 | | | $ | (212) | |
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| Summary of Sensitivity Analysis for Funded and Unfunded Plans |
The table below presents the sensitivity analysis for the funded plans (in USD thousands): | | | | | | | | | | | | | | | | | December 31, | | | 2025 | | 2024 | | Discount rates | | | | | Increase of 25 basis points | | (763) | | | (682) | | Decrease of 25 basis points | | 826 | | | 738 | | | Expected rates of salary increases | | | | | Increase of 25 basis points | | 262 | | | 140 | | Decrease of 25 basis points | | (261) | | | (137) | | | Interest rate | | | | | Increase of 25 basis points | | 265 | | | 231 | | Decrease of 25 basis points | | (258) | | | (226) | | | Inflation | | | | | Increase of 25 basis points | | (46) | | | (19) | | Decrease of 25 basis points | | 48 | | | 18 | | | Life expectancy | | | | | Increase of 1 year | | 182 | | | 170 | | Decrease of 1 year | | (182) | | | (171) | |
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