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Leases (Tables)
 9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Schedule of quantitative information about right-of-use assets
(in KUSD)
Right-of-Use AssetsProperties (Offices)VehiclesTotal
Cost
January 1, 20229,005 134 9,139 
Additions1,234 — 1,234 
Exchange difference(911)— (911)
September 30, 20229,328 134 9,462 
Accumulated depreciation
January 1, 2022(1,925)(50)(1,975)
Depreciation charge(871)(25)(896)
Exchange difference117 — 117 
September 30, 2022(2,679)(75)(2,754)
Net book amount as of September 30, 20226,649 59 6,708 
Cost
January 1, 20215,324 78 5,402 
Additions5,662 56 5,718 
Lease termination(864)— (864)
Exchange difference(132)— (132)
September 30, 20219,990 134 10,124 
Accumulated depreciation
January 1, 2021(2,253)(20)(2,273)
Depreciation charge(1,172)(22)(1,194)
Lease termination864 — 864 
Exchange difference19 — 19 
September 30, 2021(2,542)(42)(2,584)
Net book amount as of September 30, 20217,448 92 7,540 

During the third quarter of 2022, the Company extended the term of its existing lease related to its U.S. corporate offices in New Jersey for an additional two years commencing on December 1, 2022, including an extension option for three additional years. The Company is reasonably certain it will exercise the extension option and therefore has accounted for the lease using a five-year lease term.
During the first quarter of 2021, the Company entered into a new lease agreement with a ten-year term commencing in January 2021 for space in the iHub building on the Imperial University college campus in White City, West London. The primary function of the new facility, which consists of approximately 1,100 square meters, is R&D.
Schedule of quantitative information about lease liabilities
(in KUSD)
Lease liabilitiesProperties (Offices)VehiclesTotal
January 1, 20227,898 125 8,023 
Additions1,234 — 1,234 
Cash outflow (including interest)(901)— (901)
Interest144 — 144 
Exchange difference(978)(65)(1,043)
September 30, 20227,397 60 7,457 
January 1, 20213,402 65 3,467 
Additions5,662 56 5,718 
Cash outflow (including interest)(892)(24)(916)
Interest168 2 170 
Exchange difference(234)(10)(244)
September 30, 20218,106 89 8,195 
September 30, 2022
Lease liabilities (short-term)801 34 835 
Lease liabilities (long-term)6,596 26 6,622 
Total lease liabilities7,397 60 7,457 
September 30, 2021
Lease liabilities (short-term)981 31 1,012 
Lease liabilities (long-term)7,125 58 7,183 
Total lease liabilities8,106 89 8,195