Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2022

Summary Of Significant Accounting Policies [Abstract]

Summary of Exchange Rates Used to Translate Financial Statements into USD from Euros

The following exchange rates were used to translate the financial statements of the Group from Euros into USD :

	PERIOD END (1)		AVERAGE FOR PERIOD (2)		BEGINNING OF PERIOD (1)		LOW		HIGH
Three Months Ended March 31:	(EUR per USD)
2022		0.90		0.90		0.88		0.88		0.90
2021		0.85		0.83		0.88		0.81		0.85

(1)Exchange rates are as per European Central Bank.

(2)The average is based on published rates refreshed daily by the European Central Bank.

Summary of Credit Risk Exposure

Credit risk arises from cash and cash equivalents and trade and other receivables. The exposure as of the reporting date is as follows:

	AS AT MARCH 31, 2022		AS AT DECEMBER 31, 2021
Trade and other receivables (excluding prepayments)		10,936		4,253
Cash and cash equivalents		33,069		51,047
		44,005		55,300

Summary of Aging of Trade Receivables

The aging of trade receivables that are past due but not impaired is shown below:

	AS AT MARCH 31, 2022		AS AT DECEMBER 31, 2021
Between one and two months		2,194		159
Between two and three months		65		15
More than three months		97		7
		2,356		181

Summary of Credit Loss Allowance Activity

The activity in the credit loss allowance was as follows:

	THREE MONTHS ENDED MARCH 31,
	2022			2021
Balance at the beginning of the period		142			352
Increase in credit losses allowance		526			152
Write offs		—			(12	)
Translation effect		(2	)		(38	)
Balance at the end of the period		666			454