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Unaudited condensed consolidated interim statement of comprehensive loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating expenses        
Research and development $ (8,958) $ (9,755) $ (16,810) $ (18,413)
General and administration (5,746) (3,464) (10,626) (6,334)
Loss from operations (14,704) (13,219) (27,436) (24,747)
Finance income 3,074 2,555 5,833 5,225
Finance expense (174) (178) (352) (357)
Movement of expected credit loss 13 (3) (6) 47
Foreign exchange gain 2,502 466 1,860 1,787
Total other income 5,415 2,840 7,335 6,702
Loss before tax (9,289) (10,379) (20,101) (18,045)
Tax charge/(credit) 0 0 0 0
Loss for the period (9,289) (10,379) (20,101) (18,045)
Items that may be reclassified to profit or loss        
Fair value movement on marketable securities (82) (107) (22) (650)
Currency translation adjustment 457 (446) 989 (1,735)
Total comprehensive loss for the period (8,914) (10,932) (19,134) (20,430)
Attributable to owners:        
Loss for the period (9,289) (10,379) (20,101) (18,045)
Total comprehensive loss for the period $ (8,914) $ (10,932) $ (19,134) $ (20,430)
Loss per share        
Basic loss per share (in dollars per share) $ (0.15) $ (0.2) $ (0.33) $ (0.35)
Diluted loss per share (in dollars per share) $ (0.15) $ (0.2) $ (0.33) $ (0.35)