v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN (DEFICIT)/EQUITY - USD ($)
$ in Thousands
Class A Ordinary Shares
Ordinary shares
Class A Ordinary Shares
Class B Ordinary Shares
Ordinary shares
Class B Ordinary Shares
Statutory Reserve
Additional Paid-in Capital
Accumulated Other Comprehensive Income
Accumulated Deficit
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Deficit
Parent company
Cumulative Effect, Period of Adoption, Adjustment
Parent company
Non-controlling Interest
Cumulative Effect, Period of Adoption, Adjustment
Total
Balance at beginning of year at Dec. 31, 2022 $ 31   $ 7   $ 4,651 $ 298,061 $ (1,307)   $ (359,156)   $ (57,713) $ 21,882   $ (35,831)
Balance at beginning of year (in shares) at Dec. 31, 2022 249,232,020   50,939,520                      
Changes in equity                            
Issuance of Class A Ordinary Shares $ 32         3,968         4,000     4,000
Issuance of Class A Ordinary Shares (in shares) 254,450,000                          
Exercise of options (in shares) 65,660                          
Share-based awards to employee of the Group           (2)         (2)     (2)
Net loss                 (11,053)   (11,053) (352)   (11,405)
Appropriation to statutory reserve         53       (53)          
Disposal of SCHL Group         (3,269)   5,915   3,269   5,915 (19,716)   (13,801)
Prior year adjustment           1,505     (1,115)   390     390
Foreign currency translation adjustments, net of nil tax             3,051       3,051     3,051
Balance at end of year at Dec. 31, 2023 $ 63   $ 7   1,435 303,532 7,659 $ (36) (368,144) $ (36) (55,448) 1,814 $ (36) (53,634)
Balance at end of year (in shares) at Dec. 31, 2023 503,747,680   50,939,520                      
Changes in equity                            
Net loss                 (2,148)   (2,148) 94   (2,054)
Appropriation to statutory reserve         39       (39)          
Foreign currency translation adjustments, net of nil tax             1,557       1,557     1,557
Balance at end of year at Dec. 31, 2024 $ 63   $ 7   1,474 303,532 9,216   (370,331)   (56,039) 1,908   (54,131)
Balance at end of year (in shares) at Dec. 31, 2024 503,747,680 507,239,098 50,939,520 50,939,520                    
Changes in equity                            
Exercise of options           8         8     8
Exercise of options (in shares) 7,500                          
Share-based awards to employee of the Group           14         14     14
Issuance of Class A ordinary shares for business acquisition $ 10         2,310         2,320 4,851   7,171
Issuance of Class A ordinary shares for business acquisition (in shares) 83,726,789                          
Conversion from Class B ordinary shares to Class A ordinary shares $ 1   $ (1)                      
Conversion from Class B ordinary shares to Class A ordinary shares (in shares) 8,500,000   (8,500,000)                      
Disposal of discontinued operations         $ (1,474) 66,091 (8,231)   1,474   57,860 (1,944)   55,916
Net loss                 (1,324)   (1,324) (217)   (1,541)
Foreign currency translation adjustments, net of nil tax             (1,349)       (1,349) (9)   (1,358)
Balance at end of year at Dec. 31, 2025 $ 74   $ 6     $ 371,955 $ (364)   $ (370,181)   $ 1,490 $ 4,589   $ 6,079
Balance at end of year (in shares) at Dec. 31, 2025 595,981,969 599,465,862 42,439,520 42,439,520