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Consolidated Statements of Comprehensive Income / (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net sales $ 30,058 $ 23,198 $ 16,995
Cost of sales (15,589) (13,267) (9,547)
Depreciation of production assets (420) (132) (301)
Gross profit 14,049 9,799 7,147
Other operating income 48 2,007 91
Research & development expenses (3,946) (2,308) (3,050)
Selling & marketing expenses (5,648) (3,824) (4,245)
General & administrative expenses (8,644) (3,091) (4,984)
Total operating expenses (18,190) (7,216) (12,188)
Operating (loss) / income (4,141) 2,583 (5,041)
Non-operating income 2,442 935 483
Interest and amortization of debt discount (689) (355) (167)
Non-operating expenses (655) (638) (96)
(Loss) / income before income tax expense (3,043) 2,525 (4,821)
Income tax (expense) / income (225) 3,245 (6)
Net (loss) / income $ (3,268) $ 5,770 $ (4,827)
Earnings per ordinary share (USD)      
Basic $ (0.21) $ 0.41 $ (0.34)
Diluted $ (0.21) $ 0.41 $ (0.34)
Other comprehensive income / (loss), net of tax:      
Foreign currency translation adjustments $ (2) $ (15) $ (8)
          Net gain / (loss) arising during period 11 170 142
Other comprehensive income / (loss) 9 155 134
Comprehensive (loss) / income (3,259) 5,925 (4,693)
Class F Shares      
Research & development expenses
Selling & marketing expenses
General & administrative expenses $ (492)
Earnings per ordinary share (USD)      
Basic $ (1.07) $ 2.04 $ (1.71)
Diluted $ (1.07) $ 2.04 $ (1.71)