All significant shareholders and other companies controlled or significantly influenced by the shareholders, and all members of the key management personnel of the Group are considered by the Board of Directors to be related parties.

Key management personnel are those persons having authority and responsibility for planning, directing and controlling the activities of the Group, including Directors. Compensation paid or payable to key management was comprised of the following:


	THREE MONTHS ENDED MARCH 31,
	2022		2021
Salaries and remuneration to key management and executive directors		1,350		979
Non-executive directors’ fees		126		61
		1,476		1,040

The emoluments paid to the Directors during the three months ended March 31, 2022 and 2021 amounted to $570 and $166, respectively.

The following transactions were carried out with related parties:


	THREE MONTHS ENDED MARCH 31,
	2022		2021
Expenses
Remuneration paid as consultancy fees		562		256
Share-based payments		501		648
Salaries and wages		412		89
Other expenses		4		4
		1,479		997

As at March 31, 2022 and December 31, 2021, the balance outstanding to related parties was $594 and $584, respectively.

As at March 31, 2022 and December 31, 2021, the following options and warrants were held by related parties:


	AS AT MARCH 31,		AS AT DECEMBER 31,
	2022		2021
Key management and executive directors		5,706,770		6,216,514