v3.26.1
PROVISIONS
 12 Months Ended
Dec. 31, 2025
Subclassifications of assets, liabilities and equities [abstract]  
PROVISIONS PROVISIONS
As of December 31,
20252024
Provisions for product warranty$2,886 $3,827 
Restoration liabilities$2,371 $1,832 
$5,257 $5,659 
Current$4,306 $4,240 
Non-current951 1,419 
$5,257 $5,659 
Movements of provisions for the years ended December 31, 2025, 2024 and 2023 were as follows:
For the Year Ended December 31
202520242023
Balance as of January 1$5,659 $6,506 $8,050 
Additional provisions recognized2,950 5,193 3,209 
Unused provisions reversed(1,654)— (62)
Provisions used(1,903)(5,620)(4,684)
Exchange differences on translation205 (420)(7)
Balance as of December 31$5,257 $5,659 $6,506 
The Company provided warranty service for its customers. The warranty period for electric scooters was generally two years. The warranty was estimated based on actual claims incurred to date as well as the forecasted claims based on historical experience and an estimate of the working hours, material costs and hourly wage rates, depending on the types of electric scooters.