DEFERRED TAX ASSETS AND LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure Of Deferred Tax Assets And Liabilities [Abstract]

Schedule of Deferred Tax Assets and Liabilities

	Assets				Liabilities						Net
	2022 US$’000		2021 US$’000		2022 US$’000			2021 US$’000			2022 US$’000			2021 US$’000
Property, plant and equipment		229		477		(5	)		(11	)		224			466
Intangible assets		-		-		(3,950	)		(3,969	)		(3,950	)		(3,969	)
Inventories		423		620		-			-			423			620
Provisions		2,194		1,871		-			-			2,194			1,871
Tax value of loss carry-forwards		1,254		1,016		-			-			1,254			1,016
Other items		118		117		(1,103	)		(878	)		(985	)		(761	)
Deferred tax assets/(liabilities)		4,218		4,101		(5,058	)		(4,858	)		(840	)		(757	)

Schedule of Unrecognised Deferred Tax Liabilities

	Balance January, 1 2022			Recognised in income			Balance December 31, 2022
	US$’000			US$’000			US$’000
Property, plant and equipment		466			(242	)		224
Intangible assets		(3,969	)		19			(3,950	)
Inventories		620			(197	)		423
Provisions		1,871			323			2,194
Tax value of loss carry-forwards		1,016			238			1,254
Other items		(761	)		(224	)		(985	)
		(757	)		(83	)		(840	)

	Balance January, 1 2021			Recognised in income			Balance December 31, 2021
	US$’000			US$’000			US$’000
Property, plant and equipment		724			(258	)		466
Intangible assets		(4,072	)		103			(3,969	)
Inventories		750			(130	)		620
Provisions		2,159			(288	)		1,871
Tax value of loss carry-forwards		433			583			1,016
Other items		(714	)		(47	)		(761	)
		(720	)		(37	)		(757	)

Schedule of Deferred Tax Assets Not Recognised

	December 31, 2022		December 31, 2021
	US$’000		US$’000
Capital losses		8,293		8,293
Net operating losses		75,957		73,893
US alternative minimum tax credits		1,906		1,704
Other temporary timing differences		38,960		21,301
US state credit carryforwards		2,753		1,664
		127,869		106,855