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PROPERTY AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2022
PROPERTY AND EQUIPMENT  
Schedule of property and equipment

In Thousands of US Dollars

 

 

Laboratory

Equipment

 

 

Computer Equipment

 

 

Office Equipment

 

 

Total

 

Cost

 

 

 

 

 

 

 

 

 

 

 

 

Balance at January 1, 2020

 

$418

 

 

$43

 

 

$113

 

 

$574

 

Additions

 

 

 

 

 

13

 

 

 

 

 

 

13

 

Disposals

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2020

 

 

418

 

 

$56

 

 

$113

 

 

$587

 

Additions

 

 

 

 

 

3

 

 

 

3

 

 

 

6

 

Disposals

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2021

 

 

418

 

 

$59

 

 

$116

 

 

$593

 

Additions

 

 

 

 

 

-

 

 

 

-

 

 

 

-

 

Disposals

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2022

 

$418

 

 

$59

 

 

$116

 

 

$593

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated depreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at January1, 2020

 

 

418

 

 

 

37

 

 

 

95

 

 

$550

 

Depreciation for the year

 

 

 

 

 

4

 

 

 

5

 

 

 

9

 

Disposals

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2020

 

$418

 

 

$41

 

 

$100

 

 

$559

 

Depreciation for the year

 

 

 

 

 

7

 

 

 

5

 

 

 

12

 

Disposals

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2021

 

 

418

 

 

$48

 

 

$105

 

 

$571

 

Depreciation for the year

 

 

 

 

 

5

 

 

 

7

 

 

 

12

 

Disposals

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2022

 

$418

 

 

$53

 

 

$112

 

 

$583

 

Carrying amounts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2020

 

$-

 

 

$15

 

 

$13

 

 

$28

 

At December 31, 2021

 

$-

 

 

$11

 

 

$11

 

 

$22

 

At December 31, 2022

 

$-

 

 

$6

 

 

$4

 

 

$10