v3.25.2
Interest Expenses, Net
12 Months Ended
Dec. 31, 2024
Interest Expenses, Net [Abstract]  
INTEREST EXPENSES, NET

17. INTEREST EXPENSES, NET

 

For the years ended December 31,

Nature

 

2024

 

2023

 

2022

Interest expenses on various loans and others

 

$

(2,756

)

 

$

(4,531

)

 

$

(79

)

Interest income on cash deposits in banks

 

 

65

 

 

 

1,283

 

 

 

42

 

Total

 

$

(2,691

)

 

$

(3,248

)

 

$

(37

)

Interest expense primarily consists of interest accrued on various borrowings, including loans from a third party (refer to Note 12, Loans from a Third Party) and the Puluo Debt (refer to Note 25, Commitments and Contingencies — Puluo Debt).