Sales-type Lease Receivable |
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Sales-type Lease Receivable | 8. Sales-type Lease Receivable
The Group entered into a total of ten vehicle lease agreements with certain customers during the year ended December 31, 2023 and the Group delivered vehicles under sales-type leases.
Sales-type lease receivables-short term as of June 30, 2025 and December 31, 2024 was $79 and $249, respectively, and sales-type lease receivables-long term as of June 30, 2025 and December 31, 2024 was $40 and $230, respectively.
Interest income recognized for sales-type leases for the six months ended June 30, 2025 was $9.
Annual minimum undiscounted lease payments under the Group’s leases were as follows as of June 30, 2025:
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