v3.26.1
Trade receivables and other current assets (Tables)
12 Months Ended
Dec. 31, 2025
Text block1 [abstract]  
Disclosure of Trade Receivables

12.1 Trade receivables

 

 

As of December 31,

 

 

As of December 31,

 

2024

 

2025

 

$ in thousands

 

Trade receivables

 

6,714

 

 

 

14,398

 

Allowance for expected credit losses

 

 

-

 

 

 

-

 

Total net value of trade receivables

 

6,714

 

 

14,398

 

Disclosure of Subsidies Receivables

12.2 Subsidies receivables

 

 

 

As of December 31,

 

 

As of December 31,

 

2024

 

2025

 

$ in thousands

 

Research tax credit

 

 

14,521

 

 

 

7,711

 

Other subsidies

 

 

-

 

 

 

89

 

Total subsidies receivables

 

14,521

 

 

7,800

 

Disclosure of Other Current Assets

12.3 Other current assets

 

 

 

As of December 31,

 

 

As of December 31,

 

2024

 

2025

 

$ in thousands

 

VAT receivables

 

 

1,147

 

 

 

1,177

 

Income tax receivable

 

 

210

 

 

 

639

 

Prepaid expenses and other prepayments

 

3,428

 

 

 

1,934

 

Tax and social receivables

 

 

445

 

 

 

1,304

 

Deferred expenses and other current assets

 

 

298

 

 

 

330

 

Total other current assets

 

5,528

 

 

5,383