| Schedule of components of lease costs |
| | | | | | | | | | | | Years ended December 31, | | | 2023 | | 2024 | | 2025 | Operating lease costs | | | 5,359 | | | 5,050 | | | 4,142 | Short-term lease costs | | | 309 | | | 218 | | | 196 | Financing lease costs: | | | | | | | | | | Amortization of ROU assets | | | 28 | | | 24 | | | — | Interests | | | 4 | | | — | | | — | Sublease income (1) | | | — | | | (1,351) | | | (1,965) | Total lease costs | | | 5,700 | | | 3,941 | | | 2,373 |
| | | | | | | December 31, | | | 2024 | | 2025 | Operating Leases | | | | | Land use right, net | | 1,449 | | 1,482 | Operating lease right-of-use assets (excluding land use right) | | 8,481 | | 4,586 | Total operating lease right-of-use assets | | 9,930 | | 6,068 | Operating lease liabilities, current | | 4,047 | | 2,818 | Operating lease liabilities, non-current | | 4,780 | | 1,886 | Total operating lease liabilities | | 8,827 | | 4,704 |
| | | | | | | | December 31, | | | | 2024 | | 2025 | | Weighted-average remaining lease term | | | | | | Land use right | | 49.25 | | 48.25 | | Operating leases | | 2.53 | | 1.82 | | Weighted-average discount rate | | | | | | Land use right | | — | | — | | Operating leases | | 3.23 | % | 3.31 | % |
| | | | | | | | | | | | Years ended December 31, | Other information | | 2023 | | 2024 | | 2025 | Cash paid for amounts included in the measurement of lease liabilities: | | | | | | | | | | Operating cash flows from operating leases | | | 5,707 | | | 5,152 | | | 4,272 | Operating cash flows from financing leases | | | 44 | | | 34 | | | — | Financing cash flows from financing leases | | | 4 | | | — | | | — |
(1) For the year ended December 31, 2025, the Group recognized sublease income of $1,965 (2024: $1,351), and incurred sublease cost of $1,291 (2024: $727).
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| Schedule of future minimum lease payments for operating leases |
Future minimum lease payments for operating leases as of December 31, 2025 are as follows: | | | | | Operating Leases | 2026 | | 2,914 | 2027 | | 1,513 | 2028 | | 312 | 2029 | | 90 | 2030 and thereafter | | — | Total minimum lease payments | | 4,829 | Less: Imputed interest | | (125) | Total lease liability balance | | 4,704 | Minimum payments related to leases not yet commenced as of December 31, 2025 | | — |
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