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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:      
Loss from operations before income taxes $ (17,242) $ (15,397) $ (26,657)
Convertible loan interest accrued 163
Shares issued in lieu of directors fees 425
Share based payment – options 1,773 1,811 5,173
Options forfeited during the year (39) (3,221)
Fair value loss on investment, net 402 869
Loss on disposal of asset 129
Bonus to be settled in equity 100 855
Depreciation 7 1 8
(Gain)/ loss on foreign exchange 1,519 (3,183) (1,899)
Depreciation of right-of-use asset 89 50 133
(Gain)/loss on disposal of right of use asset (28)
Proceeds from finance lease reclassified as an investing activity (152)
Cash inflow from taxation 490 1,415
Interest on related party loan conversion (1,150)
Net (increase) in related party receivables (1,524) (1,158) (88)
Net (decrease)/increase in related party payables (1,355) (685)
Net (increase)/decrease in operating assets/other receivables 80 1,002 516
Net increase/(decrease) in operating liabilities /other liabilities (138) 347 (516)
Net cash used in operating activities (15,698) (19,615) (21,762)
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of PPE (22)
Proceeds from finance lease 152
Investment in Related Party (1,000) (2,676)
Purchase of Treasury Shares (253) (1,320)
Net cash used in Investing activities (1,253) (3,996) 130
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of ordinary shares 24
Proceeds from issuance of warrants 135 129
Repayment of leasing liabilities (119) (55) (152)
Net cash (used in)/provided by financing activities 40 (55) (23)
Net decrease in cash and cash equivalents (16,911) (23,666) (21,655)
Cash and cash equivalent, beginning of year 18,122 42,186 65,824
Exchange difference on cash and cash equivalents (28) (398) (1,983)
Cash and cash equivalent, end of year $ 1,183 $ 18,122 $ 42,186