PREPAYMENTS AND OTHER CURRENT ASSETS (Tables)

12 Months Ended

Dec. 31, 2023

PREPAYMENTS AND OTHER CURRENT ASSETS

Schedule of prepayments and other current assets

Prepayments and other current assets consisted of the following:


		As of December 31,
		2022		2023
		US$		US$

Prepaid expenses		2,746		1,306
Advance to employees		755		712
Receivables related to disposal of long-term investments		46,478		29,975
Interest receivable		3,496		468
Funds receivable		2,694		1,761
Properties held for sale		43,586		61,044
Others		18,635		10,790
Total		118,390		106,056
Less: allowance of credit losses		(9,343)		(38,332)
Prepayments and other current assets, net		109,047		67,724

Schedule of allowance for credit losses of prepayment and other current assets


		Year Ended December 31,
		2021		2022		2023
		US$		US$		US$
Movement in allowance for credit losses
Balance at beginning of year		2,210		3,629		9,343
Additional provision		1,367		6,021		29,309
Foreign currency translation adjustments		52		(307)		(320)
Balance at end of year		3,629		9,343		38,332