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Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($) $ in Thousands | Total | SHARE CAPITAL | CAPITAL RESERVE | SHARE OPTIONS AND WARRANTS RESERVE | FOREIGN EXCHANGE TRANSLATION RESERVE | RETAINED EARNINGS
--- | --- | --- | --- | --- | --- | ---
Beginning balance at Dec. 31, 2020 | $ 34,212 | $ 64 | $ 19,979 | $ 296 | $ 2,530 | $ 11,343
Transactions with owners |  |  |  |  |  |
Movements in share option and warrants reserve | 1,166 |  |  | 1,166 |  |
Transactions with owners | 1,166 |  |  | 1,166 |  |
Net income | 6,911 |  |  |  |  | 6,911
Exchange differences on translating foreign currencies | (1,202) |  |  |  | (1,202) |
Ending balance at Jun. 30, 2021 | 41,087 | 64 | 19,979 | 1,462 | 1,328 | 18,254
Beginning balance at Dec. 31, 2021 | 79,909 | 0 | 55,953 | 2,442 | (2,282) | 23,796
Transactions with owners |  |  |  |  |  |
Issue of share capital | 7,619 |  | 7,619 |  |  |
Movements in share option and warrants reserve | 810 |  | 139 | 459 |  | 212
Transactions with owners | 8,429 |  | 7,758 | 459 | 0 | 212
Net income | 4,542 |  |  |  |  | 4,542
Exchange differences on translating foreign currencies | (7,928) |  |  |  | (7,928) |
Ending balance at Jun. 30, 2022 | $ 84,952 | $ 0 | $ 63,711 | $ 2,901 | $ (10,210) | $ 28,550

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