FINANCIAL INCOME AND EXPENSES

6 Months Ended

Jun. 30, 2024

Disclosure Of Financial Income And Expenses [Abstract]

FINANCIAL INCOME AND EXPENSES

4. FINANCIAL INCOME AND EXPENSES

	Six month period ended
	June 30, 2024 US$‘000			June 30, 2023 US$‘000
Financial income:
Fair value adjustments of derivative financial instruments (Note 11)		55			216
		55			216
Financial expense:
Interest on leases		(297	)		(322	)
Penalty for early repayment of senior secured term loan (Note 11)		-			(905	)
Cash interest on convertible & exchangeable notes		(154	)		(154	)
Cash interest on senior secured term loan (Note 11)		(4,545	)		(3,781	)
Accretion interest on convertible & exchangeable notes (Note 11)		(422	)		(391	)
Accretion on senior secured term loan (Note 11)		(1,068	)		(813	)
Accretion interest on contingent liability		(24	)		-
Fair value adjustments of derivative financial instruments (Note 11)		(980	)		(8	)
Capitalization of borrowing costs		824			-
EIR catch up adjustment		3,566			-
		(3,100	)		(6,374	)
Net Financing Expense		(3,045	)		(6,158	)