v3.26.1
Note 9 - Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure of detailed information about property, plant and equipment [abstract]  
Disclosure of Detailed Information About Property, Plant and Equipment

Reconciliation of the Carrying Amounts of Property and Equipment

 

 

 

Office Premises

 

 

Equipment

 

 

Leasehold Improvements

 

 

Furniture and Fixtures

 

 

Total

 

Net book value as of January 1, 2024

 

$

6,343

 

 

$

9,635

 

 

$

14

 

 

$

83

 

 

$

16,074

 

Additions

 

 

1,137

 

 

 

26,121

 

 

 

 

 

 

20

 

 

 

27,278

 

Depreciation

 

 

(1,838

)

 

 

(7,034

)

 

 

(14

)

 

 

(34

)

 

 

(8,921

)

Effect of movements in exchange rates

 

 

(41

)

 

 

(328

)

 

 

 

 

 

(6

)

 

 

(375

)

Net book value as of December 31, 2024

 

 

5,600

 

 

 

28,393

 

 

 

 

 

 

65

 

 

 

34,058

 

Additions

 

 

1,926

 

 

 

7,880

 

 

 

14

 

 

 

30

 

 

 

9,850

 

Depreciation

 

 

(2,029

)

 

 

(8,601

)

 

 

(3

)

 

 

(37

)

 

 

(10,670

)

Effect of movements in exchange rates

 

 

 

 

 

(498

)

 

 

 

 

 

4

 

 

 

(494

)

Net book value as of December 31, 2025

 

$

5,498

 

 

$

27,174

 

 

$

10

 

 

$

62

 

 

$

32,744

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2024:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost

 

$

16,517

 

 

$

61,508

 

 

$

1,710

 

 

$

779

 

 

$

80,514

 

Accumulated depreciation and impairment

 

$

(10,916

)

 

$

(33,115

)

 

$

(1,710

)

 

$

(714

)

 

$

(46,456

)

As of December 31, 2025:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost

 

$

18,443

 

 

$

67,348

 

 

$

1,724

 

 

$

814

 

 

$

88,329

 

Accumulated depreciation and impairment

 

$

(12,945

)

 

$

(40,174

)

 

$

(1,714

)

 

$

(752

)

 

$

(55,584

)

Disclosure of Detailed Information About the Estimated Useful Lives of Property, Plant and Equipment

Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets, as follows:

Office premises: Over the lease term.
Equipment: Up to 10 years, or the lease term, whichever is shorter. Within this category, servers and network equipment are depreciated over an estimated useful life of 6 years.
Leasehold improvements: Up to 6 years, or the lease term, whichever is shorter.
Furniture and fixtures: Up to 5 years.