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Note 15 - Financial Assets and Financial Liabilities (Tables)

12 Months Ended

Dec. 31, 2024

Disclosure of Financial Assets and Financial Liabilities [Abstract]

Summary of Sensitivity Analysis Impact on Income Before Income Taxes

The sensitivity analysis below shows the impact on income before income taxes from a 5% strengthening in the closing exchange rate of foreign currencies relative to the U.S. dollar. The currencies listed are those to which Opera had the most significant exposure as of year-end. The sensitivity associated with a 5% weakening of a particular currency would be opposite of equal magnitude. The sensitivity analysis assumes that each currency moves in isolation (in thousands):


		As of December 31,
Currency		2023				2024
Chinese renminbi		$	795			$	823
Euro		$	(220	)		$	(589	)
Kenyan shilling		$	(229	)		$	(113	)
Nigerian Naira		$	25			$	(182	)
Norwegian krone		$	157			$	189
Polish zloty		$	336			$	256
Singapore dollar		$	(254	)		$	95
Swedish krona		$	227			$	170

Summary of Maturity Profile of Financial Liabilities Based on Contractual Undiscounted Payments

The table below summarizes the maturity profile of Opera’s financial liabilities based on contractual undiscounted payments due (in thousands):


As of December 31, 2023:		In the first year				In the second and third years				After the third year				Total
Non-current:
Lease liabilities		$	—			$	4,734			$	2,374			$	7,109
Other non-current liabilities			—				—				94				94
Current:
Trade and other payables			52,247				—				—				52,247
Lease liabilities			4,024				—				—				4,024
Other current liabilities			13,285				—				—				13,285
Total financial liabilities, including interest		$	69,556			$	4,734			$	2,468			$	76,758

As of December 31, 2024:		In the first year				In the second and third years				After the third year				Total
Non-current:
Lease liabilities		$	—			$	4,657			$	1,349			$	6,006
Other non-current liabilities			—				—				71				71
Current:
Trade and other payables			75,285				—				—				75,285
Lease liabilities			4,363				—				—				4,363
Other current liabilities			13,222				—				—				13,222
Total financial liabilities, including interest		$	92,869			$	4,657			$	1,420			$	98,946

Summary of Changes in Liabilities Arising from Financing Activities

The table below shows the changes in liabilities arising from financing activities (in thousands):


		Non-current lease liabilities				Current lease liabilities				Current interest-bearing loans				Other current loans				Total
As of January 1, 2023		$	4,723			$	2,840			$	146			$	126			$	7,836
Net cash flow			(1,647	)			(2,260	)			(146	)			(15	)			(4,068	)
New, modified and terminated leases			3,310				2,915				—				—				6,225
Interest expense			243				113				—				—				356
Foreign exchange (gain) loss			146				50				—				—				196
As of December 31, 2023			6,776				3,659				—				111				10,545
Net cash flow			(3,073	)			(1,627	)			—				—				(4,699	)
New, modified and terminated leases			2,007				1,927				—				—				3,934
Interest expense			303				216				—				—				518
Foreign exchange (gain) loss			(382	)			(219	)			—				—				(601	)
Other changes			—				—				—				(111	)			(111	)
As of December 31, 2024		$	5,631			$	3,955			$	—			$	—			$	9,586