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Risk Management and Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2022

Risk Management And Fair Value Measurements

Schedule of Fair Value of Assets and Liabilities

Fair value: The Management has determined that the fair values of the assets and liabilities as of September 30, 2022, are as follows:

Schedule of Fair Value of Assets and Liabilities

		Carrying				Fair
		Value				Value
Cash and cash equivalents (including restricted cash)		$	6,850			$	6,850
Trade accounts receivable		$	9,035			$	9,035
Trade accounts payable		$	3,486			$	3,486
Long-term debt with variable interest rates, net		$	67,275			$	67,275
Promissory note with non-variable interest rate *		$	6,000			$	5,968
Due to related parties		$	5,564			$	5,564

* As at September 30, 2022, the carrying value and the theoretical fair value of the promissory note was $6,000 and $5,968, respectively.

Schedule of Financial Derivative Instrument Location

Schedule of Financial Derivative Instrument Location 

		December 31,				September 30,
Consolidated Balance Sheets – Location		2021				2022
Financial derivative instrument – Other non-current assets		$	74			$	585

Schedule of Gains Losses on Derivative Instruments

Schedule of Gains Losses on Derivative Instruments 

		2021				2022
Consolidated Statements of Comprehensive Income / (Loss) – Location		Nine months ended  September 30,
		2021				2022
Financial derivative instrument – Fair value at the beginning of the period		$	—			$	74
Financial derivative instrument – Additions of the period			74				—
Financial derivative instrument – Fair value as at period end			56				585
Gain from financial derivative instrument		$	(18	)		$	511

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Tabular disclosure of derivative instruments and the location and fair value amount of the instruments reported in the statement of financial position.

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Tabular disclosure of the gains losses on derivative instruments recognized in income/(loss).

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Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

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