The following table summarizes the amounts of transactions with related parties by type of transaction (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
|
|
2023 |
|
|
2024 |
|
|
2025 |
|
Keeneyes Future Holding: |
|
|
|
|
|
|
|
|
|
Sale of marketable securities |
|
$ |
7,800 |
|
|
$ |
— |
|
|
$ |
— |
|
Kunlun: |
|
|
|
|
|
|
|
|
|
Sale of goods and services |
|
$ |
926 |
|
|
$ |
744 |
|
|
$ |
1,830 |
|
Purchases of goods and services |
|
$ |
(1,361 |
) |
|
$ |
(615 |
) |
|
$ |
(482 |
) |
Share-based compensation |
|
$ |
(6,450 |
) |
|
$ |
(2,872 |
) |
|
$ |
(2,797 |
) |
Interest income on Star X receivable |
|
$ |
1,556 |
|
|
$ |
165 |
|
|
$ |
— |
|
Sale of marketable securities |
|
$ |
51,208 |
|
|
$ |
— |
|
|
$ |
— |
|
nHorizon Infinite: |
|
|
|
|
|
|
|
|
|
Sale of goods and services |
|
$ |
42 |
|
|
$ |
— |
|
|
$ |
— |
|
Purchases of goods and services |
|
$ |
(2,448 |
) |
|
$ |
— |
|
|
$ |
— |
|
MiniPay Fund: |
|
|
|
|
|
|
|
|
|
Investment in units |
|
$ |
— |
|
|
$ |
1,250 |
|
|
$ |
2,500 |
|
The table below shows outstanding balances with related parties (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of December 31, 2024 |
|
|
As of December 31, 2025 |
|
|
|
Receivables |
|
|
Payables |
|
|
Receivables |
|
|
Payables |
|
Kunlun |
|
$ |
233 |
|
|
$ |
24 |
|
|
$ |
330 |
|
|
$ |
120 |
|
OPay |
|
|
479 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Total |
|
$ |
713 |
|
|
$ |
24 |
|
|
$ |
330 |
|
|
$ |
120 |
|
|