Leases Held for Sale (Tables)

3 Months Ended

Mar. 31, 2024

Leases [Abstract]

Assets And Liabilities, Lessee

The assets and liabilities related to the Company’s leases were as follows:

	As of
	March 31, 2024	December 31, 2023
	$’000	$’000
Assets
Right to use asset	887	1,284
Transferred to assets held for sale	(887)	—
Total lease assets	—	1,284
Liabilities
Operating leases – current	272	385
Operating leases – non-current	681	1,027
Transferred to liabilities held for sale	(953)	—
Total lease liabilities	—	1,412

Lessee, Operating Lease, Liability, Maturity

The table below presents the future minimum lease payments under the noncancellable operating leases as of March 31, 2024:

	Operating Leases
	$’000
Fiscal Year:
2024	287
2025	280
2026	139
2027	143
2028	137
Thereafter	304
Total lease payments	1,290
Less imputed interest	(337)
Less assets transferred to held for sale	(953)
Present value of lease liabilities	—

Lease, Cost

The Company’s lease term and discount rates were as follows:

	As of March 31, 2024
Weighted-average remaining lease term (in years)
Operating leases	5.11
Weighted-average discount rate
Operating leases	12.0	%