Financial instruments per category (Tables)

12 Months Ended

Dec. 31, 2023

Disclosure of detailed information about financial instruments [abstract]

Summary of financial assets

The following tables present the Group’s financial instruments per category

Amounts in thousands USD	As of December 31, 2023		As of December 31, 2022
Current asset instruments at amortized cost
Trade receivables	$	62,795	$	52,743
Total current asset instruments at amortized cost	62,795		52,743
Non-current asset instruments at amortized cost
Other non-current receivables	1,794		571
Total non-current asset instruments at amortized cost	1,794		571
Total financial assets	$	64,589	$	53,314

Amounts in thousands USD	As of December 31, 2023		As of December 31, 2022
Current	$	48,756	$	42,057
1-30 days past due	5,934		$	4,119
31-60 days past due	2,485		$	2,687
61-90 days past due	1,904		$	2,338
91+ days past due	5,838		$	1,873
Gross carrying amount	$	64,917	$	53,074
Allowance for expected credit losses	(2,122)		(331)
Net carrying amount	$	62,795	$	52,743

Summary of financial liabilities, interest-bearing loans and borrowings

Amounts in thousands USD	Interest Rate	Maturity	As of December 31, 2023
Current interest-bearing loans and borrowings
Lease Liabilities (Note 14)	2.5%-11%	2024	$	4,024
Non-current interest-bearing loans and borrowings
Lease Liabilities (Note 14)	2.5%-11%	2024-2033	$	22,765
Total interest-bearing loans and borrowings			$	26,789

Amounts in thousands USD	Interest Rate	Maturity	As of December 31, 2022
Current interest-bearing loans and borrowings
Lease Liabilities (Note 14)	2.50%-11%	2023	$	2,113
Non-current interest-bearing loans and borrowings
Lease Liabilities (Note 14)	2.50%-11%	2023-2032	$	7,322
Total interest-bearing loans and borrowings			$	9,435

The following tables show changes in liabilities attributable to financing activities for the Group respectively:

Amounts in thousands USD	Current Interest bearing liabilities (excluding current lease liabilities)		Current lease liabilities		Non-current Interest bearing liabilities (excluding Non-current lease liabilities)		Non- current lease liabilities		Total liabilities from financing activities
Liabilities as of January 1, 2021	$	—	$	2,146	$	61,675	$	2,290	$	66,111
Cash flows	—		(2,845)		(63,315)		—		(66,160)
Non cash-flow:
New leases	—		1,379		—		5,320		6,699
Foreign exchange adjustments	—		(133)		(58)		222		31
Other	—		2,405		1,698		(2,405)		1,698
Liabilities as of December 31, 2021	$	—	$	2,952	$	—	$	5,427	$	8,379
Cash flows	—		(2,908)		—		—		(2,908)
Non cash-flow:
New leases	—		438		—		2,386		2,824
Foreign exchange adjustments	—		(78)		—		(272)		(350)
Other	—		1,709		—		(219)		1,490
Liabilities as of December 31, 2022	$	—	$	2,113	$	—	$	7,322	$	9,435
Cash flows	—		(2,683)		—		—		(2,683)
Non cash-flow:
New leases	—		2,541		—		17,027		19,568
Foreign exchange adjustments	—		70		—		399		469
Other	—		1,983		—		(1,983)		—
Liabilities as of December 31, 2023	$	—	$	4,024	$	—	$	22,765	$	26,789

Summary of other financial liabilities

Amounts in thousands USD	As of December 31, 2023		As of December 31, 2022
Other financial liabilities at amortized cost
Accounts payable	$	18,758	$	6,885
Salaries and wages	9,530		10,185
Royalties	5,043		2,321
Accrued expenses	8,021		6,925
Total current financial liabilities	$	41,352	$	26,316