v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities      
Cash generated from/(used in) operating activities $ (24,887) $ (555) $ 11,464
Income tax refunded 336    
Net cash generated from/(used in) operating activities (24,551) (555) 11,464
Cash flows from investing activities      
Net cash acquired from business combination 17,841    
Disposal of subsidiaries, net of cash disposed (2,558)    
Purchases of property, plant and equipment (92)    
Purchase of intangible assets (284) (76)  
Disposal of financial assets at fair value through profits or loss 2,566    
Additions of financial assets at fair value through profits or loss (2,395)    
Purchase of time deposits (836)    
Purchase of digital assets (4,000)    
Interest received 497 134  
Net cash generated from investing activities 10,739 58  
Cash flows from financing activities      
Repayments to related parties (616) (10,518) (11,574)
Proceeds from related parties 14,235 3,010 10
Proceeds from bank borrowings, net 15    
Payment for principal and interest of lease liabilities (796) (11) (247)
Repurchase of ordinary shares (880)    
Proceeds from private placement, net of cost 25,339    
Proceeds from issuance of ordinary and preference shares   13,500  
Net cash (used in)/generated from financing activities 37,297 5,981 (11,811)
Net (decrease)/increase in cash and cash equivalents 23,485 5,484 (347)
Cash and cash equivalents at beginning of year 6,277 793 1,140
Effect on exchange rate changes on cash and cash equivalents 133    
Cash and cash equivalents at end of year $ 29,895 $ 6,277 $ 793