| PROPERTY AND EQUIPMENT |
PROPERTY AND EQUIPMENT | | | | | | | | | | | | | | | | | | | | COMPUTER AND OFFICE EQUIPMENT | | LEASEHOLD IMPROVEMENTS | | | TOTAL | | Net book amount as of January 1, 2026 | 1,693 | | | 523 | | | | 2,216 | | | Additions | 203 | | | 23 | | | | 226 | | Depreciation charge (Note 20) | (287) | | | (60) | | | | (347) | | | Translation differences | (16) | | | (4) | | | | (20) | | | As of June 30, 2026 | 1,593 | | | 482 | | | | 2,075 | | | Cost | 3,343 | | | 847 | | | | 4,190 | | | Accumulated depreciation | (1,750) | | | (365) | | | | (2,115) | | | Net book amount as of June 30, 2026 | 1,593 | | | 482 | | | | 2,075 | | | | | | | | | | Net book amount as of January 1, 2025 | 1,319 | | | 514 | | | | 1,833 | | | Additions | 445 | | | 92 | | | | 537 | | Depreciation charge (Note 20) | (245) | | | (38) | | | | (283) | | | | | | | | | | Translation differences | 104 | | | 25 | | | | 129 | | | As of June 30, 2025 | 1,623 | | | 593 | | | | 2,216 | | | Cost | 2,844 | | | 846 | | | | 3,690 | | | Accumulated depreciation | (1,221) | | | (253) | | | | (1,474) | | | Net book amount as of June 30, 2025 | 1,623 | | | 593 | | | | 2,216 | |
For the six months ended June 30, 2026 and 2025, cash paid for the acquisition of property and equipment was $226 and $537, respectively.
The following is the reconciliation of the depreciation expense: | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | | | | Depreciation expensed to general and administrative expenses (Note 20) | 174 | | | 157 | | | 347 | | | 283 | | | | | | | | | | | | | |
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