v3.26.1
NET LOSS FROM CONTINUING OPERATIONS
12 Months Ended
Dec. 31, 2025
Net Income (Loss) From Continuing Operations [Abstract]  
NET LOSS FROM CONTINUING OPERATIONS NET LOSS FROM CONTINUING OPERATIONS
a.Employee benefits expenses
For the Year Ended December 31
202520242023
Short-term employee benefits$55,870 $67,029 $64,761 
Defined contribution plans2,218 2,667 2,719 
Termination benefits1,108 2,736 94 
Share-based payments2,310 11,644 26,324 
$61,506 $84,076 $93,898 
An analysis of employee benefits expenses by function
Costs of revenues$26,473 $31,597 $26,418 
Operating expenses
Sales and marketing6,571 12,293 15,532 
General and administrative11,132 14,751 23,816 
Research and development17,330 25,435 28,132 
$61,506 $84,076 $93,898 
b.Depreciation and amortization expenses
For the Year Ended December 31
202520242023
Depreciation expenses of property, plant and equipment$77,022 $82,495 $84,785 
Depreciation expenses of right-of-use assets13,652 14,146 13,013 
Amortization expenses of intangible assets252 367 579 
$90,926 $97,008 $98,377 
An analysis of depreciation expenses by function
Costs of revenues$83,781 $88,787 $88,542 
Operating expenses
Sales and marketing2,227 2,713 3,409 
General and administrative3,308 3,983 4,518 
Research and development1,358 1,158 1,329 
$90,674 $96,641 $97,798 
An analysis of amortization expenses by function
Costs of revenues$19 $64 $62 
Operating expenses
Sales and marketing15 45 160 
General and administrative104 151 85 
Research and development114 107 272 
$252 $367 $579 
c.Other operating expenses
For the Year Ended December 31
202520242023
Impairment losses on property, plant and equipment$1,732 $31,963 $1,387 
Losses on disposal on property, plant and equipment4,365 2,646 1,642 
Impairment losses on right-of-use assets, intangibles and other assets4,066 1,569 — 
Customer care package164 1,394 — 
Loss on commitment— 1,001 — 
Other loss277 108 — 
$10,604 $38,681 $3,029 
d.Finance costs
For the Year Ended December 31
202520242023
Interest expense on bank loans$13,796 $13,114 $11,343 
Interest expense on lease liabilities809 991 567 
Interest expense on provisions for restoration38 30 15 
$14,643 $14,135 $11,925 
e.Finance income
For the Year Ended December 31
202520242023
Interest income on deposits$1,843 $3,077 $2,847 
Others12 106 99 
$1,855 $3,183 $2,946 
f.Other income
For the Year Ended December 31
202520242023
Income related to government grants$5,932 $6,136 $6,422 
Others722 1,021 949 
$6,654 $7,157 $7,371 
g.Other losses, net
For the Year Ended December 31
202520242023
Foreign exchange gains (losses), net$(780)$955 $(346)
Others(860)(2,383)(607)
$(1,640)$(1,428)$(953)
h.Gains on financial liabilities at FVTPL
For the Year Ended December 31
202520242023
Gains on earnout liabilities$1,411 $14,969 $7,767 
Gains on earn-in liabilities782 8,297 4,305 
Gains on warrant liabilities197 4,912 4,045 
$2,390 $28,178 $16,117