v3.25.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Balances for the Operating Leases

The balances for the operating leases where the Group is the lessee are presented as follows:

 

   As of December 31, 
   2024   2023 
Operating lease right-of-use assets  $6,383   $9,230 
           
Lease liabilities – current  $(2,250)  $(3,014)
Lease liabilities – non-current   (4,804)   (7,075)
Total operating lease liabilities  $(7,054)  $(10,089)

 

The components of operating lease expenses are as follows:

 

   For the years ended December 31, 
   2024   2023   2022 
Operating lease expense  $2,767   $2,383   $769 
Short-term lease expense   314    2,252    508 
Lease termination expense   74    
-
    
-
 
Total lease expense  $3,155   $4,635   $1,277 

Other information related to operating leases where the Group is the lessee is as follows:

 

   As of December 31, 
   2024   2023 
Weighted-average remaining lease term (in years)   2.99    3.75 
Weighted-average discount rate   4.31%   3.93%
Schedule of Future Minimum Payments Operating Lease

The following is a schedule of future minimum payments under the Group’s operating leases as of December 31, 2024:

 

For the year ended December 31,  Amounts 
2025  $2,510 
2026   2,775 
2027   2,029 
2028   349 
Thereafter   
-
 
Total lease payments   7,663 
Less: imputed interest   (609)
Total operating lease liabilities, net of interest  $7,054