v3.26.1
Accrued Expenses and Other Liabilities - Schedule of Accrued Expenses and Other Current Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Schedule of Accrued Expenses and Other Current Liabilities [Abstract]    
Rental and freight logistics deposits received $ 7,161 $ 6,160
Payables for long-term assets 619 965
Government subsidies 1,014 1,022
Contract liabilities 1,379 1,629
Consideration deposit received from a third party [1] 142 139
Loans from third parties [2] 590
Others 450 596
Total 11,355 10,511
Less: accrued expenses and other current liabilities (10,099) (7,673)
Other non-current liabilities $ 1,256 $ 2,838
[1] On September 2, 2024, the Company entered into a Memorandum of Understanding with a third party to sell 90% equity interest in Suzhou Shengfeng Logistics Co., Ltd. The Company have received consideration deposit of approximately $0.1 million (RMB1.0 million).
[2] The balances represented the working capital loans provided by third parties. Such loans were non-interest bearing and due on demand.