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Other Assets
12 Months Ended
Dec. 31, 2024
Other Assets [Abstract]  
Other assets

12. Other assets

 

 

Year ended December 31,

 

 

2024

 

2023

 

 

$000s

 

$000s

 

Prepayments

 

13,124

 

 

10,385

 

VAT receivable

 

1,540

 

 

1,245

 

Total other current assets

 

14,664

 

 

11,630

 

 

 

 

 

 

Deposits for properties

 

356

 

 

362

 

Prepayments

 

3,234

 

 

3,284

 

Other long-term assets

 

3,590

 

 

3,646

 

 

At December 31, 2024 and 2023, the largest component of prepayments are prepaid third party costs for clinical trials, as well as manufacturing for clinical supplies and associated development, and pre-clinical studies which fluctuate based on timing of payments and related expense.

 

Included within prepayments at December 31, 2024 and 2023 is $11.0 million and $8.7 million respectively, are expenditures relating to research and development.