v3.25.4
Consolidated statement of changes in equity - USD ($)
$ in Thousands
Total
Share Capital [Member]
Additional Paid-in Capital [Member]
Other Reserves [Member]
Foreign Currency Translation Reserve [Member]
Accumulated Deficit [Member]
Beginning balance at Dec. 31, 2022 $ 249,816 $ 1,301 $ 291,448 $ 2,595 $ (13,035) $ (32,493)
Changes in equity            
Loss for the year (35,587) 0 0 0 0 (35,587)
Other comprehensive (loss)/income 2,433 0 0 (95) 2,528 0
Total comprehensive (loss)/income for the year (33,154) 0 0 (95) 2,528 (35,587)
Share-based compensation expense 2,291 0 0 2,291 0 0
Share option exercises 15 0 15 (140) 0 140
Total transactions with owners 2,306 0 15 2,151 0 140
Ending balance at Dec. 31, 2023 218,968 1,301 291,463 4,651 (10,507) (67,940)
Changes in equity            
Loss for the year (38,961) 0 0 0 0 (38,961)
Other comprehensive (loss)/income (2,227) 0 0 (173) (2,054) 0
Total comprehensive (loss)/income for the year (41,188) 0 0 (173) (2,054) (38,961)
Share-based compensation expense 1,171 0 0 1,171 0 0
Transfer of share options 0 0 0 (455) 0 455
Total transactions with owners 1,171 0 0 716 0 455
Ending balance at Dec. 31, 2024 178,951 1,301 291,463 5,194 (12,561) (106,446)
Changes in equity            
Loss for the year (48,258) 0 0 0 0 (48,258)
Other comprehensive (loss)/income 658 0 0 (127) 785 0
Total comprehensive (loss)/income for the year (47,600) 0 0 (127) 785 (48,258)
Share-based compensation expense 8,504 0 0 8,504 0 0
Share option exercises 0 0 0 (10) 0 10
Transfer of share options 0 0 0 (269) 0 269
Issue of share capital 139,848 250 139,598 0 0 0
Total transactions with owners 148,352 250 139,598 8,225 0 279
Ending balance at Dec. 31, 2025 $ 279,703 $ 1,551 $ 431,061 $ 13,292 $ (11,776) $ (154,425)