v3.25.4
Note 10 - Finance Expense (Details Textual) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement Line Items [Line Items]      
Interest expense on borrowings $ 51,594 $ 37,466 $ 2,174
Total for all related parties [member]      
Statement Line Items [Line Items]      
Interest expense on borrowings [1] 34,771 34,866 0
Related party borrowings [member] | Total for all related parties [member]      
Statement Line Items [Line Items]      
Interest expense on borrowings 34,800 34,900 0
Related party borrowings [member] | Parent [member]      
Statement Line Items [Line Items]      
Interest expense on borrowings $ 0 $ 0 $ 2,100
[1] In 2023, the Group entered into a loan agreement with its parent entity block.one. The Group paid interest to block.one at a per annum interest rate of 7% on a quarterly basis. In 2024, block.one transferred all of its rights and obligations under the loan agreement to a subsidiary of block.one. Subsequently, the majority of shares of the subsidiary were transferred to certain major shareholders of the Group, hence the counterparty of the loan became a related party of the Group. See Note 22 for further details