v3.26.1
Warrant Liability (Tables)
6 Months Ended
Jun. 30, 2026
Warrants and Rights Note Disclosure [Abstract]  
Schedule on the Fair Value Change in Derivative Liabilities

 

Warrant liabilities

 

 

 

2026

 

 

2025

 

 

($'000)

 

 

($'000)

 

At January 1

 

$

38

 

 

$

821

 

Changes in fair value during the period

 

 

(17

)

 

 

(416

)

Foreign exchange

 

 

 

 

 

14

 

At March 31

 

$

21

 

 

$

419

 

Changes in fair value during the period

 

 

(6

)

 

 

101

 

Foreign exchange

 

 

 

 

 

25

 

At June 30

 

$

15

 

 

$

545

 

Shedule of Weighted Average Inputs to the Models Used for the Fair Value of Warrants Granted Explanatory

The fair value of each warrant is estimated using the Black-Scholes option pricing model using the following weighted average assumptions:

 

 

June 30,

 

 

December 31,

 

 

2026

 

 

2025

 

Market value of ADSs ($)

 

$

0.32

 

 

$

0.42

 

Risk-free interest rate (%)

 

 

4.28

%

 

 

3.93

%

Expected life (years)

 

 

1.3

 

 

 

1.8

 

Expected volatility (%)

 

 

128.06

%

 

 

129.58

%

Expected dividends (%)

 

 

0.00

%

 

 

0.00

%