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Non-current Financial Assets
6 Months Ended
Jun. 30, 2023
Text block1 [abstract]  
Non-current Financial Assets

Note 9. Non-current financial assets

 

 

As of December 31,

 

 

As of June 30,

 

2022

 

2023

 

$ in thousands

 

Deposit

 

1,216

 

 

 

800

 

Non current restricted cash

 

 

4,716

 

 

 

4,656

 

Investments in non consolidated entities

 

 

 

 

 

5,032

 

Other non current financial assets

 

 

2,859

 

 

 

2,518

 

Non current financial assets

 

8,791

 

 

13,006

 

 

As of June 30, 2023, our deposits consist of one deposit for our leased premises in Paris. The diminution of $0.4 million since December 31, 2022 is related to a supplier deposit reimbursement.

As of June 30, 2023, our non-current restricted cash primarily consists of $1.9 million related to a leasing agreement for equipment in Raleigh, $2.6 million for our leased premises in Raleigh and $0.2 million for our leased premises in New-York.

As of June 30, 2023, our non-current financial assets relate to the partial sublease of our premises in New York which started in June 2022.

Pursuant to Calyxt deconsolidation, our investment in Calyxt was classified as a non-current financial asset and measured at fair value as of June 30, 2023 for $5.0 million. The Cibus shares held by Cellectis remain listed on the Nasdaq Capital Market under the ticker symbol “CBUS” and were measured using the closing stock price of $10.50 on June 30, 2023