v3.26.3
Condensed Consolidated Interim Statements of Changes in Shareholders’ Deficit - USD ($)
$ in Thousands
Share capital
Share premium/other reserves
Shareholders’ surplus/(deficit)
Total
Balance at Dec. 31, 2024 $ 1 $ (30,927) $ (30,926)
Total comprehensive loss for the period (11,899) (11,899)
Issue of shares for promissory note [1] (168,720) (168,720)
Impact of reverse capitalization 4 (4)
Issuance of shares to HCVI shares upon reverse capitalization (7,002) (7,002)
Earnout liability 65,381 65,381
Balance at Jun. 30, 2025 5 (110,345) (42,826) (153,166)
Balance at Dec. 31, 2025 5 (109,745) 70,465 (39,275)
Total comprehensive loss for the period (4,831) (4,831)
Issue of shares for promissory note [1] 1 1,800 1,801
Share-based payment 1,686 (153) 1,533
Balance at Jun. 30, 2026 $ 6 $ (106,259) $ 65,481 $ (40,772)
[1] Refer to note 25 which describes that 1,600,250 shares were issued.