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Consolidated statements of cash flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities      
Loss for the year $ (39,978) $ (49,806) $ (64,777)
Adjustments for:      
Bank interest income (1,092) (2,039) (3,943)
Depreciation 2,694 4,015 5,879
Amortization of intangible assets 1,087 1,913 1,915
Other finance costs 258 203 242
Fair value (gain)/loss on financial assets at fair value through profit or loss (780) 8,869 7,135
Fair value loss/(gain) on warrant liabilities 17,943 (49) (3,351)
Gain on warrant exchange (36,657) 0 0
Unrealized fair value loss on digital assets 9,725 0 0
Net foreign exchange losses 498 120 821
Impairment loss of goodwill 6,815 0 3,900
(Gain)/loss on disposal of property, plant and equipment (11) 2 818
Write-off on property, plant and equipment 117 558 331
Write-off on inventories 721 736 3,137
Gain on disposal of a subsidiary (2,045) 0 0
Gain on partial disposal of an equity-accounted investee 0 (1,244) 0
Share of loss of equity-accounted investees, net of tax 2,128 1,779 859
Equity-settled share-based payment expenses 7,607 7,846 10,589
Share-based payment expenses in relation to issuance of shares to advisors 0 4,132 0
Income tax expense/(credit) 12 (7,874) (386)
Total adjustments to reconcile profit (loss) (30,958) (30,839) (36,831)
Changes in:      
Decrease/(increase) in deferred expenses 3,549 8,294 (959)
(Increase)/decrease in inventories (2,788) 1,323 (1,729)
(Increase)/decrease in trade receivables (528) (563) 37,633
(Increase)/decrease in deposits, prepayments and other receivables (3,761) (2,108) 1,589
(Increase)/decrease in amounts due from related companies (1) 3 (5)
Decrease/(increase) in amounts due from equity-accounted investees 0 132 (132)
Decrease/(increase) in other non-current assets 123 (427) 535
Increase/(decrease) in trade payables 331 (4,682) (5,618)
Increase/(decrease) in accrued expenses and other current liabilities 15,546 854 (7,417)
(Decrease)/increase in contract liabilities (3,342) 380 437
Increase/(decrease) in other non-current liabilities 3 (1,241) (124)
Cash used in operating activities (21,826) (28,874) (12,621)
Income taxes paid 0 0 (1,144)
Net cash used in operating activities (21,826) (28,874) (13,765)
Cash flows from investing activities      
Payment for purchase of property, plant and equipment (208) (1,006) (345)
Proceeds from disposal of property, plant and equipment 11 42 99
Payment for purchase of digital assets (54,354) 0 0
Payment for purchase of intangible assets 0 (59) (567)
Payment for purchase of short-term deposits 0 0 (16,000)
Payment for purchase of financial assets at fair value through profit or loss (19,999) (129) (10,002)
Proceeds from partial disposal of an equity-accounted investee 0 30,000 0
Proceeds from redemption of short-term deposits 0 16,000 19,920
Net cash inflow from disposal of a subsidiary 37,764 0 0
Payment for acquisition of a subsidiary, net of cash acquired 0 (8,346) 0
Investment in an equity-accounted investee 0 0 (80,000)
Interest received 1,092 2,039 3,943
Net cash outflow from investing activities (35,694) 38,541 (82,952)
Cash flows from financing activities      
Capital element of lease rentals paid (2,431) (2,563) (3,235)
Interest element of lease rentals paid (258) (203) (241)
Proceeds from issuance of shares 2 0 2
Proceeds from public placement 40,154 0 0
Payment for purchase of treasury shares 0 (577) (1,230)
Net cash from/(used in) financing activities 37,467 (3,343) (4,704)
Net (decrease)/increase in cash and cash equivalents (20,053) 6,324 (101,421)
Cash and cash equivalents at the beginning of the year 52,251 45,706 146,660
Effect of foreign exchange rate changes (67) 221 467
Cash and cash equivalents at the end of the year $ 32,131 $ 52,251 $ 45,706