Intangible assets and Crypto assets (Tables)

12 Months Ended

Dec. 31, 2025

Intangible assets and Crypto assets

Schedule of intangible assets and crypto assets


		As at December 31,		As at December 31,
USD’000		2025		2024
Intangible assets under the cost‑less‑impairment model:
Cryptocurrencies		500		—
Total crypto assets, net		500		—

Intangible assets subject to amortization:
Trademarks		676		—
Patents		2,281		2,281
License agreements		5,449		1,699
Customer relationships		13,127		—
Other intangibles		5,277		923
Total intangible assets, gross		27,310		4,903
Accumulated amortization for:
Trademarks		(31)		—
Patents		(2,281)		(2,281)
License agreements		(2,463)		(1,699)
Customer relationships		(288)		—
Other intangibles		(1,294)		(923)
Total accumulated amortization		(6,357)		(4,903)
Total intangible assets subject to amortization, net		20,453		—
Total intangible assets, net		20,953		—
Amortization charge for the year		1,523		—

Schedule of useful economic life of intangible assets


·	Trademarks	9 years
·	Patents	5 to 10 years
·	License agreements	1 to 3 years
·	Customer relationships	19 years
·	Other intangibles	2 to 9 years

Schedule of future estimated aggregate amortization expense


Future estimated aggregate amortization expense
Year		USD’000
2026		3,625
2027		2,670
2028		1,476
2029		1,223
2030 and beyond		11,459
Total intangible assets subject to amortization, net		20,453