Trade Payables

12 Months Ended

Dec. 31, 2022

Subclassifications of assets, liabilities and equities [abstract]

Trade Payables

16.TRADE PAYABLES

	As of December 31,
in CHF thousands	2022			2021
Trade payables		(3,867	)		(824	)
Total		(3,867	)		(824	)

Trade payables are non-interest bearing and are normally settled on 60-day terms. Increase in trade payables year over year was primarily due to increase in business and product development activities and to the costs related to the BCA transaction as described under note 2 (E).