COMMITMENTS AND CONTINGENCIES |
6 Months Ended |
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Jun. 30, 2025 | |
| COMMITMENTS AND CONTINGENCIES [Abstract] | |
| COMMITMENTS AND CONTINGENCIES |
11.
COMMITMENTS AND CONTINGENCIES
As of June 30, 2025, the Group had commitments to purchase $0.2 million of plant and equipment, as compared to $0.3 million at December 31, 2024.
The Company is involved in various ongoing proceedings arising in the normal course of business, including proceedings related to product, labor, intellectual property and other matters.
Contingent liabilities
The Group has evaluated its contingent liabilities and determined that there are no material contingent liabilities requiring disclosure as of June 30, 2025.
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