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Leases (Tables) | 12 Months Ended
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Dec. 31, 2022
Leases [Abstract] |
Leases - Schedule of Lease Costs | In the years 2022, 2021, and 2020 we recognized rent expenses associated with our leases as follows: Leases - Schedule of Lease Costs
| 12 months ended December 31, |  | 12 months ended December 31, |  | 12 months ended December 31,
USD'000 | 2022 |  | 2021 |  | 2020
Finance lease cost: |  |  |  |  |
Amortization of right-of-use assets | 33 |  | 68 |  | 66
Interest on lease liabilities | 1 |  | 7 |  | 12
Operating lease cost: |  |  |  |  |
Fixed rent expense | 587 |  | 695 |  | 602
Short-term lease cost | 2 |  | 7 |  | 22
Net lease cost from continuing operations | 623 |  | 777 |  | 702
Lease cost - Cost of sales Cost of Sales | - |  | - |  | -
Lease cost - General & administrative expenses General & Administrative Expenses | 623 |  | 777 |  | 702
Net lease cost from continuing operations | 623 |  | 777 |  | 702
Leases - Schedule of Cash and Non-Cash Activities Associated with Leases | In the years 2022 and 2021, we had the following cash and non-cash activities associated with our leases: Leases - Schedule of Cash and Non-Cash Activities Associated with Leases
| As at December 31, |  | As at December 31,
USD'000 | 2022 |  | 2021
Cash paid for amounts included in the measurement of lease liabilities: |  |  |
Operating cash flows from finance leases | 61 |  | 114
Operating cash flows from operating leases | 610 |  | 580
Financing cash flows from finance leases | 1 |  | 7
Non-cash investing and financing activities : |  |  |
Net lease cost | 623 |  | 777
Additions to ROU assets obtained from: |  |  |
New finance lease liabilities | - |  | -
New operating lease liabilities | 56 |  | 1,197
Leases - Schedule of Future Minimum Lease Payments | As at December 31, 2022, future minimum annual lease payments were as follows: Leases - Schedule of Future Minimum Lease Payments
| USD'000 | USD'000 | USD'000 | USD'000
Year | Operating | Short-term | Finance | Total
2023 | 604 | 1 | - | 605
2024 | 584 | - | - | 584
2025 | 575 | - | - | 575
2026 | 530 | - | - | 530
2027 and beyond | 442 | - | - | 442
Total future minimum operating and short-term lease payments | 2,735 | 1 | - | 2,736
Less effects of discounting | (416) | - | - | (416)
Less effects of practical expedient | - | (1) | - | (1)
Lease liabilities recognized | 2,319 | - | - | 2,319

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure for lessee's operating leases. Includes, but is not limited to, description of lessee's operating lease, existence and terms of renewal or purchase options and escalation clauses, restrictions imposed by lease, such as those concerning dividends, additional debt, and further leasing, rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=123406913&loc=d3e41499-112717 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=124440162&loc=d3e12069-110248 Reference 3: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=123406913&loc=d3e41502-112717 Reference 4: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=123389372&loc=d3e36991-112694 Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph (Note 3) -URI https://asc.fasb.org/extlink&oid=123403562&loc=d3e38371-112697 + Details
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