v3.25.4
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES      
Profit before tax $ 5,737 $ 4,286 $ 5,531
Adjustments to reconcile profit (loss)      
Depreciation expense 871 747 638
Amortization expense 145 51 75
Expected credit losses 75 1,373 0
Interest income (6,134) (7,708) (9,498)
Interest expense 16 18 15
Net gains on financial assets at fair value through profit or loss (51) 0 0
Net (gains) losses on financial liabilities at fair value through profit or loss (1,532) 227 (1,641)
Share-based payment transactions 1,410 2,774 3,210
Impairment loss on goodwill 1,965 0 0
Changes in operating assets and liabilities      
Accounts receivable 480 (2,300) 759
Current contract assets 12 1,789 866
Other receivables 0 0 3
Inventories 0 15 12
Other current assets 444 1,514 662
Current contract liabilities 4,565 1,949 2,366
Other payables 1,074 1,362 1,050
Other payables – related parties 27 (2) (12)
Current provisions (849) (449) 565
Other current liabilities 16 80 27
Net defined benefit liability, non-current 0 3 3
Cash inflow generated from operations 8,271 5,729 4,631
Interest received 6,122 7,699 9,464
Interest paid (16) (18) (15)
Income tax paid (1,072) (407) (502)
Net cash flows from operating activities 13,305 13,003 13,578
CASH FLOWS FROM INVESTING ACTIVITIES      
Acquisition of financial assets at fair value through profit or loss (6,143) (2,773) 0
Proceeds from disposal of financial assets at fair value through profit or loss 8,940 0 0
Acquisition of financial assets at amortized cost (82,718) (80,574) (196,100)
Proceeds from disposal of financial assets at amortized cost 72,300 74,874 195,800
Acquisition of subsidiaries, net of cash acquired (5,981) 0 0
Acquisition of property, plant and equipment (425) (392) (289)
Proceeds from disposal of property, plant and equipment 3 0 0
Acquisition of intangible assets 0 (6) (33)
Increase in guarantee deposits paid (39) (8) (15)
Net cash flows used in investing activities (14,063) (8,879) (637)
CASH FLOWS FROM FINANCING ACTIVITIES      
Repayment of principal portion of lease liabilities (562) (525) (435)
Payments to acquire treasury shares 0 0 (51,064)
Net cash flows used in financing activities (562) (525) (51,499)
Effects of exchange rates changes on cash and cash equivalents 175 (349) (187)
Net increase (decrease) in cash and cash equivalents (1,145) 3,250 (38,745)
Cash and cash equivalents at beginning of year 127,121 123,871 162,616
Cash and cash equivalents at end of year $ 125,976 $ 127,121 $ 123,871