v3.26.1
Deconsolidation (Tables)
12 Months Ended
Dec. 31, 2025
Deconsolidation  
Schedule of discontinued operations of consolidated balance sheets , cashflows, operations

  ​ ​ ​

As of December 31, 2024

US$

Cash and cash equivalents

 

3,687

Accounts receivable, net

 

472

Short‑term financing receivables, net

 

8,554

Prepayments and other current assets, net

 

223

Current assets of discontinued operations

 

12,936

Non-current restricted cash

 

685

Long‑term financing receivables, net

 

223

Operating lease right-of-use assets

 

245

Other non-current assets

 

75

Non-current assets of discontinued operations

 

1,228

Accounts payable

 

561

Tax payable

 

2,593

Amounts due to related parties

 

41,496

Accrued expenses and other liabilities

 

22,176

Operating lease liabilities, current

 

227

Current liabilities of discontinued operations

 

67,053

Operating lease liabilities, non-current

 

164

Other non-current liabilities

563

Non-current liabilities of discontinued operations

 

727

From the period from

For the years ended December 31,

January 1, 2025 through

  ​ ​ ​

2023

  ​ ​ ​

2024

  ​ ​ ​

the disposal date

US$

US$

US$

Net cash provided by/(used in) operating activities

 

2,077

 

(1,807)

 

1,054

Net cash provided by/(used in) investing activities

 

4,981

 

(11)

 

(5,419)

Net cash provided by financing activities

 

 

 

From the period from

For the years ended December 31,

January 1, 2025 through

2023

2024

the disposal date

US$

US$

US$

Major classes of line items of discontinued operations

Revenues:

Technical service fees

 

3,379

 

1,011

 

530

Installment service fees

 

1,906

 

1,856

 

1,445

Wealth management service fees

 

2,160

 

2,017

 

1,606

Total revenues

 

7,445

 

4,884

 

3,581

Cost of revenues:

 

  ​

 

  ​

 

  ​

Funding cost

 

(1,374)

 

 

(2)

Reversal/(provision) of credit losses

 

78

 

(304)

 

(544)

Origination and servicing cost

 

(4,587)

 

(1,643)

 

(869)

Reversal of guarantee

 

443

 

163

 

Cost of revenues

 

(5,440)

 

(1,784)

 

(1,415)

Gross profit

 

2,005

 

3,100

 

2,166

Operating expenses:

 

  ​

 

  ​

 

  ​

Sales and marketing expenses

 

(3,002)

 

(2,627)

 

(2,007)

General and administrative expenses

 

(2,937)

 

(1,624)

 

(671)

Research and development expenses

 

(352)

 

(315)

 

(539)

Impairment on long-lived assets

 

(1,948)

 

(199)

 

Total operating expenses

 

(8,239)

 

(4,765)

 

(3,217)

Operating loss from discontinued operations

 

(6,234)

 

(1,665)

 

(1,051)

Interest income, net

 

 

30

 

42

Other expenses, net

 

(1,428)

 

(6)

 

(68)

Loss before income tax expense

 

(7,662)

 

(1,641)

 

(1,077)

Income tax benefit/(expense)

 

1,963

 

(95)

 

278

Net loss from discontinued operations, net of income tax

 

(5,699)

 

(1,736)

 

(799)