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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash $ 2,582 $ 2,599
Restricted cash 60 60
Prepaid expenses 627 92
Other current assets 80 201
Total current assets 3,349 2,952
Goodwill 8,430 8,430
Other intangible assets 39,180 39,180
Total assets 50,959 50,562
Current liabilities:    
Accounts payable 13,067 12,407
Accrued expenses 3,494 3,137
Convertible notes 700 700
Convertible notes, related party 250 250
Notes payable 228 659
Notes payable, related party 668 1,651
Warrant liabilities 1,066 1,012
Liability related to deposits received for share subscriptions 950  
Other current liabilities 484 94
Total current liabilities 20,907 19,910
Other non-current liabilities 266 383
Deferred tax liability 8,040 8,040
Total liabilities 29,213 28,333
Commitments and contingencies (Note 13)
Shareholders' equity:    
Share capital of $0.0001 par value Authorized: 245,035,791,523 ordinary shares at March 31, 2025 and December 31, 2024, respectively; issued and outstanding: 57,752,981,523 and 53,186,919,523 Ordinary shares at March 31, 2025 and December 31, 2024, respectively 5,776 5,319
Additional paid-in capital 215,506 212,706
Capital redemption reserve 52,194 52,194
Accumulated other comprehensive loss (773) (738)
Accumulated deficit (250,957) (247,252)
Total shareholders' equity 21,746 22,229
Total liabilities and shareholders' equity $ 50,959 $ 50,562