XML 33 R5.htm IDEA: XBRL DOCUMENT v3.24.3
Unaudited condensed consolidated interim statement of cash flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities    
Loss for the period $ (30,159) $ (24,315)
Depreciation 237 237
Share-based compensation expense 412 1,649
Finance income (7,760) (6,049)
Finance expense 538 534
Movement of expected credit loss (45) (1)
Foreign exchange loss/(gain) 58 (232)
Movement in working capital 812 1,119
Cash flows used in operating activities (35,907) (27,058)
Finance expense paid (700) (466)
Finance income received 4,768 2,273
Net cash used in operating activities (31,839) (25,251)
Cash flows from/(used in) investing activities    
Purchase of other financial assets 0 (54,000)
Purchase of property, plant and equipment (24) (76)
Proceeds from sale of other financial assets 25,000 0
Proceeds from redemptions and disposals of marketable securities 18,828 0
Cash flows from/(used in) investing activities 43,804 (54,076)
Cash flows used in financing activities    
Payment of lease liability (245) (163)
Net increase/(decrease) in cash and cash equivalents 11,720 (79,490)
Cash and cash equivalents at the beginning of the period 78,420 165,955
Impact of foreign exchange on cash and cash equivalents (81) (26)
Cash and cash equivalents at the end of the period $ 90,059 $ 86,439