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Deferred Government Grants - Summary of Deferred Government Grants (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current deferred government grants $ 1,586 $ 15,120
Non-current deferred government grants 5,865 4,477
Total deferred government grants 7,451 19,597
Government Grants for Property, Plant and Equipment    
Current deferred government grants [1] 627 261
Non-current deferred government grants [1] 3,921 1,978
Government Grants For Research And Development    
Current deferred government grants [2] 959 14,859
Non-current deferred government grants [2] $ 1,944 $ 2,499
[1] The Company has four deferred government grants related to property, plant and equipment. The Company has fulfilled these grants’ conditions. $627 will be amortized in 2024 which was included in the current portion of deferred government grant and $3,921 will be amortized after 2024 which was included in the non-current portion of deferred government grants. $546 was recorded as a reduction to

depreciation expense for the year ended December 31, 2023 (2022 - $457, 2021 - $569), and $7 was recorded as government grant recognized in income for the year ended December 31, 2023 (2022 - $nil, 2021 - $79).

[2] The Company has nine deferred government grants related to various research and development projects. The Company expects to fulfill six grants’ conditions in 2024 and recorded $959 as the current portion of deferred government grants, while the remaining three grants’ conditions are expected to be fulfilled after 2024 and $1,944 is recorded in the non-current portion of deferred government grants.