XML 28 R6.htm IDEA: XBRL DOCUMENT v3.25.4
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities      
Loss before Income tax from continuing operations $ (60,126) $ (97,559) $ (98,600)
Loss before Income tax from discontinued operations 0 0 (4,917)
Loss before Income tax (60,126) (97,559) (103,517)
Depreciation and amortization of tangible and intangible assets 7,860 8,265 9,841
Impairment losses on loans, receivables and other assets 386 698 1,054
Impairment losses on obsolete inventories 575 197 215
Share-based compensation expense 4,743 6,541 5,276
Net loss from disposal of tangible and intangible assets 75 854 173
Change in provision for liabilities and other charges (4,680) (3,125) (17,089)
Lease modification (income)/expense (1) (94) 95
Interest income 820 (569) (2,353)
Discounting effect (income) / expense (124) (289) (73)
Net foreign exchange (gain)/loss (3,074) 13,359 10,942
Net loss on financial instruments at fair value through profit or loss 0 16,163 13,364
Net loss recognized on disposal of debt instruments held at fair value through OCI 2,577 3,427 3,908
Share-based compensation expense - settlement (139) (178) (291)
(Increase)/Decrease in trade and other receivables, prepaid expenses and other tax receivables 9,778 3,242 8,159
Increase in inventories (3,558) 834 (236)
Increase/(Decrease) in trade and other payables, deferred income and other tax payables 762 (5,594) 699
Income taxes paid (3,794) (3,375) (3,143)
Net cash flows used in operating activities (47,920) (57,203) (72,976)
Cash flows from investing activities      
Purchase of property and equipment (4,665) (3,678) (2,253)
Proceeds from sale of property and equipment 58 332 112
Interest received 2,160 1,934 4,826
Movement in other non-current assets 278 (269) 471
Movement in term deposits and other financial assets 77,805 (8,721) 59,377
Net cash flows (used in) / from investing activities 75,636 (10,402) 62,533
Cash flows from financing activities      
Interest settled - financing 0 0 (1,083)
Payment of lease interest (2,566) (1,025) (1,105)
Repayment of lease liabilities (3,758) (4,098) (5,185)
Equity transaction costs (113) (5,055) (40)
Capital Contributions 0 99,642 0
Net cash flows (used in) / from financing activities (6,437) 89,464 (7,413)
Net decrease in cash and cash equivalents 21,279 21,859 (17,856)
Effect of exchange rate changes on cash and cash equivalents 31 (1,982) (18,241)
Cash and cash equivalents at the beginning of the period 55,360 35,483 71,579
Cash and cash equivalents at the end of the period $ 76,670 $ 55,360 $ 35,483