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Intangible assets

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets

Note 17.      Intangible assets

Intangible assets and future amortization expenses consisted of the following:

Intangible Assets - Schedule of Finite-Lived Intangible Assets

	As at December 31,		As at December 31,
USD'000	2022		2021
Intangible assets not subject to amortization:
Cryptocurrencies Cryptocurrencies Not Subject to Amortization	96		100
Intangible assets subject to amortization:
Trademarks	136		137
Patents	2,281		2,281
License agreements	11,195		11,326
Other intangibles	6,393		6,469
Total intangible assets gross	20,101		20,313
Accumulated amortization for:
Trademarks Trademarks	(136)		(137)
Patents Patents	(2,281)		(2,281)
License agreements License Agreements	(11,193)		(11,321)
Other intangibles Other Intangibles	(6,393)		(6,469)
Total accumulated amortization	(20,003)		(20,208)
Total intangible assets subject to amortization, net Total Intangible Assets Subject to Amortization, Net	2		5
Total intangible assets, net	98		105
Amortization charge from continuing operations for the year ended December 31,	69		73

The amortization charge from continuing operations for the year 2020 was USD 604,011.

Intangible assets not subject to amortization are made up of a balance of USD 96,164 in cryptocurrencies acquired in the normal course of business to allow the Group to make purchases in cryptocurrencies. The cryptocurrency balance was initially recorded at cost. The Group did not identify any impairment factors in the year ended December 31, 2022. Therefore, no impairment losses were recorded in the year ended December 31, 2022 and the balance as at December 31, 2022 remains USD 96,164.

The useful economic life of intangible assets is as follow:

· Trademarks: 5 to 10 years

· Patents: 5 to 10 years

· License agreements: 3 to 5 years

· Other intangibles: 3 to 10 years

Future amortization charges are detailed below:

Intangible Assets - Schedule of Intangible Asset Future Amortization Expense

Future estimated aggregate amortization expense
Year	USD'000
2023	2
Total intangible assets subject to amortization, net	2

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- References

No definition available.

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- Definition

The entire disclosure for all or part of the information related to intangible assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-URI https://asc.fasb.org/subtopic&trid=2144471

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