v3.26.1
Deconsolidation - Results of operations (Details) - USD ($)
$ in Thousands
10 Months Ended 12 Months Ended
Oct. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Deconsolidation        
Net loss from discontinued operations, net of income tax   $ (799) $ (1,736) $ (5,699)
Held for sale        
Deconsolidation        
Technical service fees     1,011 3,379
Installment service fees     1,856 1,906
Wealth management service fees     2,017 2,160
Total revenues     4,884 7,445
Funding cost       (1,374)
Reversal/(provision) of credit losses     (304) 78
Origination and servicing cost     (1,643) (4,587)
Reversal of guarantee     163 443
Cost of revenues     (1,784) (5,440)
Gross profit     3,100 2,005
Sales and marketing expenses     (2,627) (3,002)
General and administrative expenses     (1,624) (2,937)
Research and development expenses     (315) (352)
Impairment on long-lived assets     (199) (1,948)
Total operating expenses     (4,765) (8,239)
Operating loss from discontinued operations     (1,665) (6,234)
Interest income, net     30  
Other expenses, net     (6) (1,428)
Loss before income tax expense     (1,641) (7,662)
Income tax benefit/(expense)     (95) 1,963
Net loss from discontinued operations, net of income tax     $ (1,736) $ (5,699)
Disposed by sale        
Deconsolidation        
Technical service fees $ 530      
Installment service fees 1,445      
Wealth management service fees 1,606      
Total revenues 3,581      
Funding cost (2)      
Reversal/(provision) of credit losses (544)      
Origination and servicing cost (869)      
Cost of revenues (1,415)      
Gross profit 2,166      
Sales and marketing expenses (2,007)      
General and administrative expenses (671)      
Research and development expenses (539)      
Total operating expenses (3,217)      
Operating loss from discontinued operations (1,051)      
Interest income, net 42      
Other expenses, net (68)      
Loss before income tax expense (1,077)      
Income tax benefit/(expense) 278      
Net loss from discontinued operations, net of income tax $ (799)