v3.25.1
Prepaid Expenses and Other Current Assets (Details) - USD ($)
$ in Thousands
1 Months Ended 12 Months Ended
Dec. 31, 2022
Nov. 30, 2022
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2021
Prepaid Expenses and Other Current Assets [Line Items]          
Credit losses on receivables       $ 2,400  
Expected credit losses for prepaid expenses     $ 11,200 4,100  
Prepaid expenses [1]     12,094 7,386  
Interests-free loan $ 6,000 $ 6,000      
Receivables   7,777 5,333
Amount of individual prepayment paid   2,000      
Consulting expenses     800    
Reversed credit losses     1,200    
Third Party [Member]          
Prepaid Expenses and Other Current Assets [Line Items]          
Receivables     $ 7,000    
NWTN [Member]          
Prepaid Expenses and Other Current Assets [Line Items]          
Prepaid expenses       $ 7,200  
Interests-free loan $ 1,000 $ 1,000      
Equity interests 4.30% 4.30%      
NWTN [Member] | Third Party [Member]          
Prepaid Expenses and Other Current Assets [Line Items]          
Equity interests   0.40%      
[1] Prepaid expenses primarily consisted of directors’ and officers’ insurance expenses to be amortized within a year and prepaid commission expenses for financing and marketing services, advance payment for the potential investment or acquisition as of December 31, 2024 and 2023. As of December 31, 2023, the Group recorded expected credit losses for the prepaid expenses of US$11.2 million based on the management’ estimation of the recoverability, considering the suspension of certain business operations and the uncertainty regarding the ability to reclaim the prepaid expenses. As of December 31, 2024, US$4.1 million of such prepaid expenses were written off based on the management’ estimation of the collectability of the prepaid expenses. Meanwhile, the Group recorded expected credit losses for prepaid expenses of US$7.2 million based on the management’ estimation of the recoverability.