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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Performance Based Restricted Stock Units
Ordinary Shares
Ordinary Shares
Performance Based Restricted Stock Units
Treasury Shares
Additional Paid-in Capital
Additional Paid-in Capital
Performance Based Restricted Stock Units
Accumulated Other Comprehensive (Loss) Income
Accumulated Deficit
Beginning balance, shares at Dec. 31, 2022     624,928,519,000   1,003,030,000        
Beginning balance, value at Dec. 31, 2022 $ 51,402   $ 2,478   $ (1,335) $ 476,521   $ (21,687) $ (404,575)
Net loss (12,076)               (12,076)
Foreign currency translation adjustments 2,278             2,278  
Share-based compensation 1,635         1,635      
Extinguishment and reissuance of convertible loan note 1,161         1,161      
Ending balance, shares at Mar. 31, 2023     624,928,519,000   1,003,030,000        
Ending balance, value at Mar. 31, 2023 44,400   $ 2,478   $ (1,335) 479,317   (19,409) (416,651)
Beginning balance, shares at Dec. 31, 2022     624,928,519,000   1,003,030,000        
Beginning balance, value at Dec. 31, 2022 51,402   $ 2,478   $ (1,335) 476,521   (21,687) (404,575)
Net loss (13,827)                
Delivery of shares on vesting of restricted stock units, shares     501,380            
Delivery of shares on vesting of restricted stock units     $ 2            
Ending balance, shares at Jun. 30, 2023     643,204,794,000   1,003,030,000        
Ending balance, value at Jun. 30, 2023 49,665   $ 2,547   $ (1,335) 479,080   (18,009) (412,618)
Beginning balance, shares at Mar. 31, 2023     624,928,519,000   1,003,030,000        
Beginning balance, value at Mar. 31, 2023 44,400   $ 2,478   $ (1,335) 479,317   (19,409) (416,651)
Net loss (1,751)               (1,751)
Foreign currency translation adjustments 1,400             1,400  
Share-based compensation 943         943      
Delivery of shares on vesting of restricted stock units, shares     501,380,000            
Delivery of shares on vesting of restricted stock units 2   $ 2            
Conversion of loan notes, shares     17,774,895,000            
Extinguishment and reissuance of convertible loan note 4,617   $ 67     (1,234)     5,784
Issuance of warrants 54         54      
Ending balance, shares at Jun. 30, 2023     643,204,794,000   1,003,030,000        
Ending balance, value at Jun. 30, 2023 49,665   $ 2,547   $ (1,335) 479,080   (18,009) (412,618)
Beginning balance, shares at Dec. 31, 2023     701,217,089,000   923,400,000        
Beginning balance, value at Dec. 31, 2023 50,537   $ 2,775   $ (1,230) 486,107   (17,485) (419,630)
Net loss (8,951)               (8,951)
Foreign currency translation adjustments (798)             (798)  
Share-based compensation 2,050         2,050      
Exercise of share options, shares     132,345,000   (210,485,000)        
Exercise of share options, value     $ 0   $ 280 (280)      
Delivery of shares on vesting of restricted stock units, shares         (712,915,000)        
Delivery of shares on vesting of restricted stock units         $ 950 (950)      
Ending balance, shares at Mar. 31, 2024     701,349,434,000   0        
Ending balance, value at Mar. 31, 2024 42,838   $ 2,775   $ 0 486,927   (18,283) (428,581)
Beginning balance, shares at Dec. 31, 2023     701,217,089,000   923,400,000        
Beginning balance, value at Dec. 31, 2023 50,537   $ 2,775   $ (1,230) 486,107   (17,485) (419,630)
Net loss (21,208)                
Ending balance, shares at Jun. 30, 2024     768,821,274,000   0        
Ending balance, value at Jun. 30, 2024 78,650   $ 3,032   $ 0 534,732   (18,278) (440,836)
Beginning balance, shares at Mar. 31, 2024     701,349,434,000   0        
Beginning balance, value at Mar. 31, 2024 42,838   $ 2,775   $ 0 486,927   (18,283) (428,581)
Net loss (12,255)               (12,255)
Foreign currency translation adjustments 5             5  
Share-based compensation 2,088         2,088      
Exercise of share options, shares     800,890,000            
Exercise of share options, value (2)   $ 4     (6)      
Delivery of shares on vesting of restricted stock units, shares       4,014,450,000          
Delivery of shares on vesting of restricted stock units   $ (25)   $ 15     $ (40)    
Issuance of shares, net of discount, shares     62,656,500,000            
Issuance of shares, net of discount, value 47,000   $ 238     46,762      
Transaction costs on issuance of shares (999)         (999)      
Ending balance, shares at Jun. 30, 2024     768,821,274,000   0        
Ending balance, value at Jun. 30, 2024 $ 78,650   $ 3,032   $ 0 $ 534,732   $ (18,278) $ (440,836)