v3.26.1
Taxes - Schedule of Financial Accounting Basis and Tax Basis of Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets:    
Net operating losses carryforward $ 309 $ 280
Allowance for credit losses 776 791
Deferred income [1] 253 256
Intangible assets [2] 203 193
Operating lease liabilities 951 1,806
Total deferred tax assets 2,492 3,326
Less: valuation allowance
Total deferred tax assets, net of valuation allowance 2,492 3,326
Net off against deferred tax liabilities (1,179) (1,892)
Net deferred tax assets 1,313 1,434
Deferred tax liabilities:    
Property and equipment [3] 355 41
Operating lease right-of-use assets 1,071 1,904
Deferred tax liabilities 1,426 1,945
Net off against deferred tax assets (1,179) (1,892)
Net deferred tax liabilities $ 247 $ 53
[1] Deferred income represents the assets related government subsidies, which will amortize on a straight-line basis within the useful life of related assets. The tax basis is recognized when the Company received the subsidies.
[2] Intangible asset represents the amortization temporary difference of licensed software. Management uses 10 years useful life as the tax basis, which is different from the 5 years useful life in accounting basis.
[3] Property and equipment represent the amortized temporary difference between the tax basis and the accounting basis.