XML 86 R44.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Income tax (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Major components of tax expense (income) [abstract] |
Summary of Current and Deferred Tax (Expenses) Benefits | The following table presents the current and deferred tax (expense) benefits (in USD thousands):
|  | For the year ended December 31,
|  | 2023 |  | 2022 |  | 2021
Current income tax expense |  |  |  |  |  |
Current year |  | $ | (215) |  |  | $ | (310) |  |  | $ | — |
Uncertain tax positions |  | (40) |  |  | 328 |  |  | (110) |
Total current income tax expense |  | $ | (255) |  |  | $ | 18 |  |  | $ | (110) |
Deferred income tax (expense) benefit |  |  |  |  |  |
Origination and reversal of temporary differences |  | $ | (231) |  |  | $ | 118 |  |  | $ | (58) |
Total deferred income tax (expense) benefit |  | $ | (231) |  |  | $ | 118 |  |  | $ | (58) |
Total income tax (expense) benefit |  | $ | (486) |  |  | $ | 136 |  |  | $ | (168) |
Summary of Expected Tax Expense to Tax Expense Report in Statement of Loss | The following table presents the reconciliation of the expected tax expense to the tax expense report in the statement of loss (in USD thousands):
|  | For the year ended December 31,
|  | 2023 |  | 2022 |  | 2021
Loss before tax |  | $ | (77,893) |  |  | $ | (87,585) |  |  | $ | (73,507) |
Tax at Swiss statutory rate |  | 10,453 |  |  | 11,749 |  |  | 9,907 |
Effect of tax rates in foreign jurisdictions |  | (833) |  |  | (292) |  |  | (218) |
Tax effect of: |  |  |  |  |  |
Unrecognized deferred tax assets |  | (8,879) |  |  | (9,386) |  |  | (9,077) |
Income not subject to tax (expense not deductible for tax purposes) |  | (1,782) |  |  | (1,940) |  |  | (805) |
Uncertain tax positions |  | (40) |  |  | 328 |  |  | (110) |
Recognition of deferred tax assets from previously unrecognized tax assets |  | — |  |  | 509 |  |  | — |
2018-2019 French tax assessment |  | — |  |  | (427) |  |  | — |
Other |  | 595 |  |  | (405) |  |  | 135 |
Income tax (expense)/benefit |  | $ | (486) |  |  | $ | 136 |  |  | $ | (168) |
Summary of Movement in Deferred Tax Balances | The following table presents the changes in the Company’s deferred tax assets and deferred tax liabilities (in USD thousands):
|  | Depreciation & amortization |  | Bad debt reserves |  | Accrued pension |  | ROU asset |  | Lease liability |  | Other |  | Net operating loss carryforward |  | Total
January 1, 2023 |  | $ | (80) |  |  | $ | — |  |  | $ | 9 |  |  | $ | (302) |  |  | $ | 511 |  |  | $ | 852 |  |  | $ | 950 |  |  | $ | 1,940 |
Recognized in profit or loss |  | 62 |  |  | — |  |  | 54 |  |  | (447) |  |  | 270 |  |  | (155) |  |  | 36 |  |  | (180) |
Recognized in OCI |  | — |  |  | — |  |  | (64) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (64) |
Currency translation differences |  | (1) |  |  | — |  |  | 1 |  |  | (12) |  |  | 13 |  |  | (1) |  |  | 24 |  |  | 24 |
December 31, 2023 |  | $ | (19) |  |  | $ | — |  |  | $ | — |  |  | $ | (761) |  |  | $ | 794 |  |  | $ | 696 |  |  | $ | 1,010 |  |  | $ | 1,720 |
Deferred tax assets |  | — |  |  | — |  |  | — |  |  | — |  |  | 794 |  |  | 806 |  |  | 1,010 |  |  | 2,610 |
Deferred tax liabilities |  | (19) |  |  | — |  |  | — |  |  | (761) |  |  | — |  |  | (110) |  |  | — |  |  | (890) |
|  | Depreciation & amortization |  | Bad debt reserves |  | Accrued pension |  | ROU asset |  | Lease liability |  | Other |  | Net operating loss carryforward |  | Total
January 1, 2022 |  | $ | (29) |  |  | $ | 341 |  |  | $ | 44 |  |  | $ | (352) |  |  | $ | 630 |  |  | $ | 96 |  |  | $ | 1,260 |  |  | $ | 1,990 |
Recognized in profit or loss |  | (50) |  |  | (324) |  |  | 26 |  |  | 60 |  |  | (119) |  |  | 725 |  |  | (201) |  |  | 117 |
Recognized in OCI |  | — |  |  | — |  |  | (59) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (59) |
Currency translation differences |  | (1) |  |  | (17) |  |  | (2) |  |  | (10) |  |  | — |  |  | 31 |  |  | (109) |  |  | (108) |
December 31, 2022 |  | $ | (80) |  |  | $ | — |  |  | $ | 9 |  |  | $ | (302) |  |  | $ | 511 |  |  | $ | 852 |  |  | $ | 950 |  |  | $ | 1,940 |
Deferred tax assets |  | — |  |  | — |  |  | 9 |  |  | — |  |  | 511 |  |  | 940 |  |  | 950 |  |  | 2,410 |
Deferred tax liabilities |  | (80) |  |  | — |  |  | — |  |  | (302) |  |  | — |  |  | (88) |  |  | — |  |  | (470) |
The following table consists of the deferred tax assets that have not been recognized because it is not probable that there will be future taxable profits to use these benefits (in USD thousands):
|  | December 31,
|  | 2023 |  | 2022
|  | Gross amount |  | Tax effect |  | Gross amount |  | Tax effect
Deductible temporary differences |  | $ | 4,652 |  |  | $ | 710 |  |  | $ | 3,385 |  |  | $ | 511 |
Net operating loss carryforwards |  | 344,887 |  |  | 44,614 |  |  | 263,486 |  |  | 34,224 |
Total |  | $ | 349,539 |  |  | $ | 45,324 |  |  | $ | 266,871 |  |  | $ | 34,735 |
Summary of Expiring Amounts of Unrecognized Net Operating Loss Carryforwards | As of December 31, 2023 and 2022, the Company had the following expiring amounts of unrecognized NOL carryforwards (in USD thousands):
|  | December 31,
|  | 2023 |  | 2022
One year |  | $ | 17,873 |  |  | $ | 12,007 |
Two years |  | 17,103 |  |  | 16,261 |
Three years |  | 25,846 |  |  | 15,561 |
Four years |  | 53,648 |  |  | 23,515 |
Thereafter and unlimited |  | 230,417 |  |  | 196,142 |
Net operating loss carryforwards |  | $ | 344,887 |  |  | $ | 263,486 |

X
- Definition The disclosure of types of temporary differences, unused tax losses and unused tax credits. [Refer: Unused tax credits [member]; Unused tax losses [member]; Temporary differences [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 12 -IssueDate 2023-01-01 -Paragraph 81 -Subparagraph g -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=12&code=ifrs-tx-2023-en-r&anchor=para_81_g&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_MajorComponentsOfTaxExpenseIncomeAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of current and deferred tax (expenses) benefits. + References No definition available. + Details
Name: | soph_DisclosureOfDetailedInformationAboutCurrentAndDeferredTaxExpenseBenefitTableTextBlock
Namespace Prefix: | soph_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of expiring amounts of unrecognized net operating loss carryforwards explanatory. + References No definition available. + Details
Name: | soph_DisclosureOfDetailedInformationAboutExpiringAmountsOfUnrecognizedNetOperatingLossCarryforwardsTableTextBlock
Namespace Prefix: | soph_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of reconciliation of expected tax expense to tax expense report in statement of loss. + References No definition available. + Details
Name: | soph_DisclosureOfDetailedInformationAboutReconciliationOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | soph_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration