| Leases |
As of December 31, 2024 and 2025, the weighted average remaining lease term for the Group’s operating leases were 2.43 years and 2.98 years, respectively, and the corresponding weighted average discount rates were 3.71% and 3.32%, respectively. The components of lease cost were as follows:
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For the year ended December 31, |
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| Operating lease cost |
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35,197 |
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26,494 |
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24,437 |
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3,494 |
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| Short-term lease cost |
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1,971 |
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5,347 |
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— |
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— |
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| Total lease cost |
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For the year ended December 31, |
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| Other information |
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| Cash paid for amounts included in the measurement of lease liabilities: |
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| Operating cash flows used for operating leases |
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37,700 |
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27,385 |
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24,479 |
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3,500 |
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| ROU assets obtained in exchange for operating lease liabilities |
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— |
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65,841 |
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16,667 |
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|
2,383 |
| Future lease payments under operating leases as of December 31, 2025 were as follows:
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| Years ending December 31, |
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| 2026 |
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17,761 |
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2,540 |
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| 2027 |
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14,854 |
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2,124 |
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| 2028 |
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3,528 |
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|
504 |
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| 2029 |
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3,617 |
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517 |
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| 2030 |
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3,391 |
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|
485 |
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| Total future lease payments |
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43,151 |
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6,170 |
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| Less: imputed interest |
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(1,931 |
) |
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(276 |
) |
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| Total lease liability balance |
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