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v3.23.1

Revision of Immaterial Misstatements (Tables) | 12 Months Ended
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Dec. 31, 2022
Revision of Immaterial Misstatements |
Schedule of revision of financial statements | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  |  | Year Ended
​ | ​ | ​ | December 31, 2021
​ |  |  | As reported | ​ | ​ | Adjustment |  | As revised
(in thousands) |  |  | ​ |  | ​ | ​ | ​ |  | ​ |
Research and license revenue |  | ​ | $ | 5,000 | ​ | $ | 350 | ​ | $ | 5,350
Total revenue |  | ​ | $ | 5,000 | ​ | $ | 350 | ​ | $ | 5,350
Research and development expenses |  | ​ | $ | (37,193) | ​ | $ | 248 | ​ | $ | (36,945)
General and administrative expenses |  | ​ | $ | (12,160) | ​ | $ | 142 | ​ | $ | (12,018)
Total operating expenses |  | ​ | $ | (49,353) | ​ | $ | 390 | ​ | $ | (48,963)
Operating loss |  | ​ | $ | (44,353) | ​ | $ | 740 | ​ | $ | (43,613)
Foreign currency exchange gain (loss), net |  | ​ | $ | (212) | ​ | $ | 2,252 | ​ | $ | 2,040
Total non-operating income (loss) |  | ​ | $ | (837) | ​ | $ | 2,252 | ​ | $ | 1,415
Loss before income tax |  | ​ | $ | (45,190) | ​ | $ | 2,992 | ​ | $ | (42,198)
Loss for the year |  | ​ | $ | (45,347) | ​ | $ | 2,992 | ​ | $ | (42,355)
Foreign currency translation adjustment |  | ​ | $ | (6,210) | ​ | $ | 568 | ​ | $ | (5,642)
Total comprehensive loss |  | ​ | $ | (51,557) | ​ | $ | 3,560 | ​ | $ | (47,997)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  |  | Year Ended
​ | ​ | ​ | December 31, 2020
​ |  |  | As reported | ​ | ​ | Adjustment |  | As revised
(in thousands) |  |  | ​ |  | ​ | ​ | ​ |  | ​ |
Research and license revenue |  | ​ | $ | 3,500 | ​ | $ | 247 | ​ | $ | 3,747
Total revenue |  | ​ | $ | 3,500 | ​ | $ | 247 | ​ | $ | 3,747
Operating loss |  | ​ | $ | (14,920) | ​ | $ | 247 | ​ | $ | (14,673)
Foreign currency exchange gain (loss), net |  | ​ | $ | (201) | ​ | $ | (668) | ​ | $ | (869)
Total non-operating income (loss) |  | ​ | $ | (543) | ​ | $ | (668) | ​ | $ | (1,211)
Loss before income tax |  | ​ | $ | (15,463) | ​ | $ | (421) | ​ | $ | (15,884)
Loss for the year |  | ​ | $ | (15,506) | ​ | $ | (421) | ​ | $ | (15,927)
Foreign currency translation adjustment |  | ​ | $ | (577) | ​ | $ | 375 | ​ | $ | (202)
Total comprehensive loss |  | ​ | $ | (16,083) | ​ | $ | (46) | ​ | $ | (16,129)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
In the Consolidated Statements of Financial Position and Changes in Equity, we have revised the following:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  |  | ​ |  | ​
​ | ​ | ​ | December 31, 2021 | ​ | December 31, 2020
​ | ​ | ​ | As reported | ​ | ​ | Adjustment |  | As revised |  | As reported | ​ | ​ | Adjustment |  | As revised
(in thousands) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Equity-settled employee benefits reserve | ​ | ​ | $ | 5,219 | ​ | ​ | (390) | ​ | ​ | 4,829 | ​ | ​ | 922 | ​ | ​ | — | ​ | ​ | 922
Foreign currency translation reserve | ​ | ​ | $ | (4,042) | ​ | $ | (2,181) | ​ | $ | (6,223) | ​ | $ | (1,003) | ​ | $ | 421 | ​ | $ | (581)
Accumulated deficit | ​ | ​ | $ | (78,733) | ​ | $ | 2,571 | ​ | $ | (76,162) | ​ | $ | (33,386) | ​ | $ | (421) | ​ | $ | (33,807)
Equity: | ​ | ​ | $ | 118,367 | ​ | $ | — | ​ | $ | 118,367 | ​ | $ | 7,622 | ​ | $ | — | ​ | $ | 7,622
​ |  |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​ |  | ​ | ​ | ​ |  | ​ |
In the Consolidated Statements of Cash Flows, we have revised the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  |  | Year Ended
​ | ​ | ​ | December 31, 2021
​ |  |  | As reported | ​ | ​ | Adjustment |  | As revised
(in thousands) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Loss before income tax | ​ | ​ | $ | (45,190) | ​ | $ | 2,992 | ​ | $ | (42,198)
Foreign currency exchange gain (loss), net | ​ | ​ | $ | 562 | ​ | $ | (2,602) | ​ | $ | (2,040)
Share-based compensation expense | ​ | ​ | $ | 4,297 | ​ | $ | (390) | ​ | $ | 3,907
Cash and cash equivalents at end of year | ​ | ​ | $ | 90,869 | ​ | $ | — | ​ | $ | 90,869
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  |  | Year Ended
​ | ​ | ​ | December 31, 2020
​ |  |  | As reported | ​ | ​ | Adjustment |  | As revised
(in thousands) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Loss before income tax | ​ | ​ | $ | (15,463) | ​ | $ | (421) | ​ | $ | (15,884)
Foreign currency exchange gain (loss), net | ​ | ​ | $ | 448 | ​ | $ | 421 | ​ | $ | 869
Cash and cash equivalents at end of year | ​ | ​ | $ | 15,818 | ​ | $ | — | ​ | $ | 15,818
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​

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- Definition Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made. + References No definition available. + Details
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- References No definition available. + Details
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