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Consolidated Statements of Shareholders’ Equity - USD ($)
$ in Thousands
Share Capital
Share Premium
Share Based Payment Reserve (Options)
Share Based Payment Reserve (warrants)
Merger Reserve
Treasury Shares
Retained Earnings
Shares to be issued Reserve
Translation Reserve
Total
Balance at Dec. 31, 2020 $ 97 $ 8,624 $ 697 $ 118,697 $ (84,646) $ 13,503 $ 5,414 $ 62,386
Issue of share capital 2 759 761
Share based payment charge (options) 5,173 5,173
Shares issued in lieu of cash realization bonus 3 14,837 (13,503) (482) 855
Total transactions with owners 5 15,596 5,173 (13,503) (482) 6,789
Loss for Period 0 (23,417) (23,417)
Translation (4,478) (4,478)
Total comprehensive loss (23,417) (4,478) (27,895)
Balance at Dec. 31, 2021 102 15,596 13,797 697 118,697 (108,063) 454 41,280
Treasury Shares (1,320) (1,320)
Options forfeited/cancelled in the year (3,221) (3,221)
Reclass of FV for options forfeited/Cancelled (7,197) 7,197
Share based payment charge (options) 1,811 1,811
Total transactions with owners (8,607) 7,197 (1,410)
Loss for Period (15,397) (15,397)
Translation   (3,582) (3,582)
Total comprehensive loss   (15,397) (3,582) (18,979)
Balance at Dec. 31, 2022 102 15,596 5,190 697 118,697 (1,320) (116,263) (3,128) 19,571
Options forfeited/cancelled in the year (39) (39)
Reclass of FV for options forfeited/Cancelled (19) 19
Issuance of Stock 1 323 324
Warrants Exercised in the year 573 (438) 135
Warrants Forfeited in the year (259) 259
Buyback of Treasury Shares (254) (254)
Shares to be issued in lieu of directors fees and cash bonus               225   225
Share based payment charge (options) 1,773 1,773
Total transactions with owners 1 896 1,715 (697) (254) 278 2,164
Loss for Period (17,691) (17,691)
Translation 1,492 1,492
Total comprehensive loss (17,691) 1,492 (16,199)
Balance at Dec. 31, 2023 $ 103 $ 16,492 $ 6,905 $ 0 $ 118,697 $ (1,574) $ (133,676) $ 225 $ (1,636) $ 5,536