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SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2022
Summary Of Significant Accounting Policies [Abstract]  
Summary of Exchange Rates Used to Translate Financial Statements into USD from Euros
The following exchange rates were used to translate the financial statements of the Group from Euros into USD:
PERIOD
END (1)
AVERAGE
FOR
PERIOD (2)
BEGINNING
OF
PERIOD(1)
LOWHIGH
Six Months Ended June 30,(EUR per USD)
20220.960.920.880.870.96
20210.840.830.810.810.85
(1)    Exchange rates are as per European Central Bank.
(2)    The average is based on published rates refreshed daily by the European Central Bank.
Summary of Credit Risk Exposure
Credit risk arises from cash and cash equivalents and trade and other receivables. The exposure as of the reporting date is as follows:
As At
June 30,
2022
As At
December 31,
2021
Trade and other receivables (excluding prepayments)8,426 4,253 
Cash and cash equivalents31,102 51,047 
39,528 55,300 
Summary of Aging of Trade Receivables
The aging of trade receivables that are past due but not impaired is shown below:
As At
June 30,
2022
As At
December 31,
2021
Between one and two months843 159 
Between two and three months318 15 
More than three months198 
1,359 181 
Summary of Credit Loss Allowance Activity
The activity in the credit loss allowance was as follows:
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Balance at the beginning of the period666 454 142 352 
Increase (decrease) in credit losses allowance71 (240)597 (100)
Write offs— — 19 
Translation effect(50)(5)(52)(55)
Balance at the end of the period687 216 687 216