Finance income and expense
12 Months Ended
Dec. 31, 2021
Analysis Of Finance Income And Expense [Abstract]  
Finance income and expense

17. Finance income and expense

Our finance income and expense primarily consist of foreign exchange gain and loss as well as interest expense associated with our lease liabilities and debt instruments.

 

 

 

Year ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

 

 

(in thousands)

 

Foreign exchange gain (loss), net

 

 

78

 

 

 

(527

)

 

 

(442

)

Interest expense

 

 

(3,156

)

 

 

(2,704

)

 

 

(1,186

)

Change in fair value of derivative liability

 

 

790

 

 

 

-

 

 

 

-

 

Loss on Oxford debt extinguishment

 

 

(1,363

)

 

 

-

 

 

 

-

 

Finance result, net

 

 

(3,651

)

 

 

(3,231

)

 

 

(1,628

)