v3.26.1
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - GBP (£)
£ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Non-current assets      
Property, plant and equipment £ 91 £ 324 £ 571
Intangible assets 5,645 5,646 2,941
 Total Non-Current Assets 5,736 5,970 3,512
Current assets      
Trade and other receivables 3,786 6,568 637
Current taxation receivable 123 573 422
Cash and cash equivalents 8,534 1,669 5,971
 Total Current Assets 12,443 8,810 7,030
Total assets 18,179 14,780 10,542
Non-current liabilities      
Deferred consideration 645 1,306
Borrowings 118 295
 Total Non-Current Liabilities 645 1,424 295
Current liabilities      
Trade and other payables 2,590 3,504 1,240
Deferred consideration 563 538
Borrowings 61 609 169
Provisions
Derivative financial liability 2,915 383 4,160
 Total Current liabilities 6,129 5,034 5,569
Total liabilities 6,774 6,458 5,864
Issued capital and reserves attributable to owners of the parent      
Share capital 14,099 11,725 6,253
Share premium 98,923 93,124 86,732
Merger reserve 53,003 53,003 53,003
Warrant reserve 1,185 894 3,457
Foreign exchange reserve 3
Accumulated deficit (155,808) (150,424) (144,767)
Total equity 11,405 8,322 4,678
Total equity and liabilities £ 18,179 £ 14,780 £ 10,542