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Borrowings (Tables)
12 Months Ended
Dec. 31, 2021
Borrowings [Abstract]  
Summary of Carrying Amount of Term Loan and PPP Loan and the Movements

Below is the carrying amount of the Group’s term loan and PPP loan and the movements during the years ended December 31, 2021 and 2020:

 

 

YEAR ENDED DECEMBER 31,

 

 

 

2021

 

 

2020

 

As at January 1, at fair value

 

 

5,960

 

 

 

 

Term loan received, net

 

 

 

 

 

5,934

 

PPP loan received

 

 

 

 

 

180

 

Offset of PPP loan

 

 

 

 

 

(180

)

Interest accrued (Note 20)

 

 

480

 

 

 

26

 

Amortization of issuance costs

 

 

34

 

 

 

 

Interest paid

 

 

(509

)

 

 

 

Translation differences

 

 

(21

)

 

 

 

As at December 31, at fair value

 

 

5,944

 

 

 

5,960

 

Summary of Non-current and Current Borrowings

As of December 31, 2021 and 2020, the non-current and current borrowings are as follows:

 

 

AS AT DECEMBER 31,

 

 

 

2021

 

 

2020

 

Non-current

 

 

 

 

 

5,937

 

Current

 

 

5,944

 

 

 

23

 

Total

 

 

5,944

 

 

 

5,960

 

Summary of Outstanding Borrowings

As of December 31, 2021 and 2020, the total outstanding borrowings are as follows:

 

 

AS AT DECEMBER 31,

 

 

 

2021

 

 

2020

 

Term loan

 

 

5,944

 

 

 

5,960

 

Summary of Carrying Amount of Borrowings Excluding Term Loan and PPP Loan and the Movements

Below is the carrying amount of the Group’s borrowings, excluding the term loan and PPP loan, and the movements during the years ended December 31, 2020 and 2019:

 

 

YEAR ENDED DECEMBER 31,

 

 

 

2020

 

 

2019

 

As at January 1, at fair value

 

 

18,611

 

 

 

23,050

 

Senior secured bonds sold, at cash

 

 

 

 

 

560

 

Interest paid

 

 

(1,656

)

 

 

(2,246

)

Interest accrued (Note 20)

 

 

1,495

 

 

 

2,008

 

Fair value movements

 

 

(1,417

)

 

 

94

 

Redemptions related to convertible promissory notes

 

 

 

 

 

(4,480

)

Repurchases and redemptions of senior secured bonds

 

 

(17,352

)

 

 

 

Translation differences

 

 

319

 

 

 

(375

)

As at December 31, at fair value

 

 

 

 

 

18,611