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Borrowings (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure Of Detailed Information About Borrowings [Abstract]  
Summary of Borrowings Activity

The following is the activity of the Company’s borrowings for the years ended December 31, 2021 and 2020, respectively (in USD thousands):

 

 

Borrowings

 

January 1, 2021

 

$

3,330

 

Principal repayments

 

 

(3,167

)

Transfer to deferred government grant income

 

 

39

 

Interest accrued

 

 

50

 

Interest paid

 

 

(170

)

Currency translation differences

 

 

(82

)

December 31, 2021

 

$

 

 

 

 

 

 

January 1, 2020

 

$

3,838

 

New borrowing proceeds

 

 

15,839

 

Principal repayments

 

 

(16,529

)

Transfer to deferred government grant income

 

 

(163

)

Interest accrued

 

 

513

 

Interest paid

 

 

(435

)

Currency translation differences

 

 

267

 

Total

 

$

3,330