Tax (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Schedule of reconciliation of the statutory rate to the effective tax rate

Reconciliation of effective tax rate:	2020 $		2019 $
Tax computed on the loss before tax at a tax rate of 22.0%	(1,592	)	(4,175	)
Foreign rate differential	4		10
Non-deductible expenses, share-based payments	135		73
Non-deductible expenses, other	151		2
Tax value of derivative warrants	(491	)	(436	)
Tax deduction on exercise of employee warrants	—		(8	)
Special tax deduction on research and development expenses	(323	)	(17	)
Other adjustments	(123	)	(47	)
Adjustment of tax concerning previous years	3		(522	)
Change in valuation allowance	75		543
Effective tax rate (30%/24%)	(2,161	)	(4,577	)

Schedule of components of income (loss) before income taxes

	Year ended December 31,
(in $1,000’s)	2020 $		2019 $
Denmark	(7,003	)	(18,102	)
Sweden	(4	)	136
United States	(227	)	(1,011	)
	(7,234	)	(18,977	)

Schedule of components of the (benefit) provision for income taxes from operations

	Year ended December 31,
(in $1,000’s)	2020 $		2019 $
Current:
Denmark	(908	)	(826	)
Sweden	30		—
United States	3		9
Total	(875	)	(817	)
Deferred:
Denmark	(1,286	)	(3,760	)
Sweden	—		—
United States	—		—
Total	(1,286	)	(3,760	)
	(2,161	)	(4,577	)

Schedule of deferred tax comprises

Deferred tax comprises:	2020 $		2019 $
Property, plant and equipment	21		16
Intangible assets	(5,869	)	(5,324	)
Net operating losses	6,163		4,301
Total deferred tax	315		(1,007	)
Valuation allowance	(920	)	(844	)
Net deferred tax liabilities	(603	)	(1,851	)

Schedule of tax on profit/loss for the year

Tax on profit/loss for the year:	2020 $		2019 $
Current income tax expense (benefit)	(36	)	530
Change in deferred tax	(1,286	)	(3,760	)
Adjustment of tax concerning previous years	3		(522	)
Tax received under the tax credit scheme	(842	)	(825	)
Tax expense (benefit) on profit/loss for the year	(2,161	)	(4,577	)