| | | | | | | | | | | | | | | Foreign | | | | | Share-based | | | | currency | | | | | compensation | | Contribution | | translation | | | | | reserve | | reserve | | reserve | | Total | Balance at January 1, 2024 | | — | | 6,069 | | — | | 6,069 | Waiver of related party balances (Note) | | — | | 47,106 | | — | | 47,106 | Balance at December 31, 2024 | | — | | 53,175 | | — | | 53,175 | Share-based compensation expense | | 591 | | — | | — | | 591 | Waiver of related party balances (Note) | | — | | 948 | | — | | 948 | Foreign currency translation | | — | | — | | (1,324) | | (1,324) | Balance at December 31, 2025 | | 591 | | 54,123 | | (1,324) | | 53,390 |
Note: Amount refers to waiver of loans by affiliates of the Company for certain cryptocurrencies loans, advances, payment on behalf and intercompany payables.
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