v3.26.1
Finance Expense
6 Months Ended
Jun. 30, 2026
Finance Cost [Abstract]  
Finance expense
3. Finance expense
 
    
For the Three Months Ended

June 30,
    
For the Six Months Ended
June 30,
 
    
   2026   
    
   2025   
    
   2026   
    
   2025   
 
    
(in thousands)
 
    
£
    
£
    
£
    
£
 
Revaluation loss from derivative financial instruments
     —         (12,648      —         (12,648
  
 
 
    
 
 
    
 
 
    
 
 
 
The
non-cash
revaluation loss from derivative financial instruments of £12.6 million for the six months ended June 30, 2025 related to the fair value remeasurement of Series A and Series B warrants.