v3.26.1
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities        
Loss before Income tax $ (10,850) $ (16,270) $ (28,669) $ (32,756)
Depreciation and amortization of tangible and intangible assets 1,983 2,009 4,100 3,873
Impairment losses on loans, receivables and other assets 135 141 373 354
Impairment losses on obsolete inventories (73) 13 (28) 322
Share-based compensation expense 1,668 936 2,794 1,999
Net (gain) / loss from disposal of tangible and intangible assets 14 (4) 14 13
Change in provision for other liabilities and charges (73) (2,742) (700) (2,317)
Lease modification (income) / expense (6) (20) 17 (26)
Interest (income) / expense 203 357 673 202
Discounting effect (income) / expense 0 0 0 87
Net foreign exchange (gain) / loss (1,566) (2,379) 2,157 (2,703)
Impairment reversals on financial assets at fair value through OCI 0 (17) 0 (17)
Net loss recognized on disposal of debt instruments held at fair value through OCI 0 2,370 0 2,370
Share-based compensation expense - settlement 1 (1) (328) (137)
(Increase) / Decrease in trade and other receivables, prepaid expenses and other tax receivables (3,438) 2,583 (2,481) 2,287
(Increase) / Decrease in inventories (1,894) 1,714 (471) (2,872)
Increase / (Decrease) in trade and other payables, deferred income and other tax payables 2,352 (186) (23) (2,436)
Income taxes (paid) / received (291) (1,187) (1,723) (2,101)
Net cash flows (used in) / from operating activities (11,835) (12,683) (24,295) (33,858)
Cash flows from investing activities        
Purchase of property and equipment (976) (737) (1,578) (1,609)
Proceeds from sale of property and equipment 95 45 96 45
Interest received 452 868 657 1,378
Movement in other non-current assets (61) 284 0 160
Movement in term deposits and other financial assets 241 45,919 390 76,159
Net cash flows (used in) / from investing activities (249) 46,379 (435) 76,133
Cash flows from financing activities        
Payment of lease interest (697) (791) (1,238) (1,311)
Repayment of lease liabilities (1,192) (903) (2,265) (1,487)
Equity transaction costs (35) (85) (35) (85)
Capital Contributions 0 6 0 7
Proceeds from exercise of stock options 0 1 0 1
Net cash flows (used in) / from financing activities (1,924) (1,772) (3,538) (2,875)
Net increase / (decrease) in cash and cash equivalents (14,008) 31,924 (28,268) 39,400
Effect of exchange rate changes on cash and cash equivalents (24) 1,985 (971) 793
Cash and cash equivalents at the beginning of the period 61,463 61,644 76,670 55,360
Cash and cash equivalents at the end of the period $ 47,431 $ 95,553 $ 47,431 $ 95,553