v3.25.2
Condensed Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
$ in Thousands
Ordinary Shares
Class A
Ordinary Shares
Class B
Additional paid-in capital
Statutory surplus reserve
Retained Earnings
Accumulated other comprehensive loss
Total Lichen International Limited shareholders’ equity
Non- controlling interests
Total
Balance at Dec. 31, 2023 $ 1 [1] $ 0 [2] $ 14,893 $ 1,737 $ 48,222 $ (3,433) $ 61,420   $ 61,420
Balance (in Shares) at Dec. 31, 2023 87,500 [1] 45,000              
Net (loss) income         767   767   767
Ordinary shares issue for cash $ 1 [1]   7,266       7,267   7,267
Ordinary shares issue for cash (in Shares) [1] 51,900                
Share based compensation (Note 16) [1]   1,009       1,009   1,009
Share based compensation (Note 16) (in Shares) [1] 4,350                
Foreign currency translation           (681) (681)   (681)
Balance at Jun. 30, 2024 $ 2 [1] $ 0 [2] 23,168 1,737 48,989 (4,114) 69,782   69,782
Balance (in Shares) at Jun. 30, 2024 143,750 [1] 45,000              
Balance at Dec. 31, 2024 $ 4 [1] $ 0 [2] 33,355 1,737 42,083 (3,997) 73,182 $ 2,383 75,565
Balance (in Shares) at Dec. 31, 2024 449,500 [1] 45,000              
Net (loss) income         (9,356)   (9,356) 174 (9,182)
Ordinary shares issue for cash $ 2 [1]   3,050       3,052   3,052
Ordinary shares issue for cash (in Shares) [1] 212,500                
Business acquisition     (2,781)       (2,781) $ (2,557) (5,338)
Round-up shares (in Shares) [1] 54,825                
Foreign currency translation           154 154   154
Balance at Jun. 30, 2025 $ 6 [1] $ 0 [2] $ 33,624 $ 1,737 $ 32,727 $ (3,843) $ 64,251   $ 64,251
Balance (in Shares) at Jun. 30, 2025 716,825 [1] 45,000              
[1] On March 3, 2025, the Company consolidated (each a “Share”) its common shares on the basis of 200 pre-consolidation Shares for one (1) post-consolidation share, which was approved by the Board on February 10, 2025. Share amounts have been retrospectively restated to reflect the post-consolidation number of shares.
[2] represents amount less than $1,000.