XML 18 R4.htm IDEA: XBRL DOCUMENT v3.24.1
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Share Capital [Member]
[1]
Treasury shares [member]
Retained Earnings / (Accumulated Deficit) [Member]
Exchange Reserve [Member]
Other Reserve [Member]
[1]
Invested Capital [Member]
Beginning balance at Dec. 31, 2020 $ 145,904 $ 0 $ 0 $ 0 $ 0 $ 0 $ 145,904
Profit / (loss) for the year 82,643 0 0 67,169 0 0 15,474
Other comprehensive loss (195) 0 0 0 (195) 0 0
Capital share allotment relating to the Reorganization 0 [2] 0 0 0 [2] 0
Share-based payments 88,355 0 0 0 0 88,355 0
Recognition of equity component of convertible debt 683 0   0 0 683 0
Deemed distribution to related parties (29,311) 0 0 0 0 0 (29,311)
Reclassification of invested capital 0 0 0 0 0 132,067 (132,067)
Ending balance at Dec. 31, 2021 288,079 0 67,169 (195) 221,105 0
Profit / (loss) for the year (60,366) 0 0 (60,366) 0 0 0
Other comprehensive loss (22) 0 0 0 (22) 0 0
Share-based payments 90,648 0 0 0 0 90,648 0
Deemed distribution to related parties 0            
Ending balance at Dec. 31, 2022 318,339 0 6,803 (217) 311,753 0
Issuance of shares through Business Combination 18,096 [2] 0 0 0 18,096 0
Profit / (loss) for the year (56,656) 0 0 (56,656) 0 0 0
Other comprehensive loss (26) 0 0 0 (26) 0 0
Share-based payments 45,488 0 0 0 0 45,488 0
Issuance of shares for exercise of share awards 412 [2] 0 0 0 412 0
Acquisition of treasury shares (2,604) [2] (2,604) 0 0 0 0
Issuance of shares for cash, net of transaction costs 9,517 [2] 0 0 0 9,517 0
Deemed distribution to related parties 0            
Ending balance at Dec. 31, 2023 $ 332,566 $ (2,604) $ (49,853) $ (243) $ 385,266 $ 0
[1] After giving the effects of the reverse recapitalization completed in April 2023 as described in Note 1.
[2] Amount less than US$1,000