v3.25.4
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Summary of Supplemental Balance Sheet Information Related to Operating Lease

The following table presents supplemental balance sheet information related to the Group’s operating lease:

 

 

 

 

Year ended December 31,

 

 

 

 

2025

 

 

2024

 

 

Classification

 

$000s

 

 

$000s

 

Operating lease right-of-use asset

 

Other non-current assets

 

 

167

 

 

 

157

 

 

 

 

 

 

 

 

 

 

Lease liability - current

 

Current liabilities

 

 

89

 

 

 

117

 

Lease liability - non-current

 

Non-current liabilities

 

 

71

 

 

 

-

 

 

Summary of Weighted-average Remaining Lease Term and Weighted-average Discount rate for Operating Leases

The following table summarizes the weighted-average remaining lease term and weighted-average discount rate for the Group’s operating leases at December 31, 2025 and 2024:

 

 

2025

 

2024

Weighted-average remaining lease term

 

1.75 years

 

0.75 years

Weighted-average discount rate

 

10.5%

 

7.0%

Summary of Components of Total Operating Lease Cost

The following table summarizes the components of total operating lease cost for fiscal year 2025 and 2024:

 

 

Year ended December 31,

 

 

 

2025

 

 

2024

 

 

 

$000s

 

 

$000s

 

Operating lease cost

 

 

197

 

 

 

248

 

Short-term lease cost

 

 

721

 

 

 

736

 

Total operating lease cost

 

 

918

 

 

 

984

 

Summarizes of Maturities of Operating Leases

The following table summarizes the maturities of the Group’s operating leases at December 31, 2025:

 

Fiscal year

 

Operating Leases

 

2026

 

 

89

 

2027

 

 

71

 

2028

 

 

-

 

2029

 

 

-

 

2030

 

 

-

 

Thereafter

 

 

-

 

Total expected lease payments

 

 

160

 

Less: Imputed interest

 

 

-

 

Total lease liability

 

 

160