v3.26.1
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Balances for the Operating Leases

The balances for the operating leases where the Group is the lessee are presented as follows:

 

As of December 31,

   

2025

 

2024

Operating lease right-of-use assets

 

$

73

 

 

$

6,383

 

   

 

 

 

 

 

 

 

Lease liabilities – current

 

$

(4

)

 

$

(2,250

)

Lease liabilities – non-current

 

 

 

 

 

(4,804

)

Total operating lease liabilities

 

$

(4

)

 

$

(7,054

)

The components of operating lease expenses are as follows:

 

For the years ended December 31,

   

2025

 

2024

 

2023

Operating lease expense

 

$

903

 

$

2,767

 

$

2,383

Short-term lease expense

 

 

283

 

 

314

 

 

2,252

Lease termination expense

 

 

56

 

 

74

 

 

Total lease expense

 

$

1,242

 

$

3,155

 

$

4,635

Other information related to operating leases where the Group is the lessee is as follows:

 

As of December 31,

   

2025

 

2024

Weighted-average remaining lease term (in years)

 

0.50

 

 

2.99

 

Weighted-average discount rate

 

3.10

%

 

4.31

%

Schedule of Future Minimum Payments Operating Lease

The following is a schedule of future minimum payments under the Group’s operating leases as of December 31, 2025:

For the year ended December 31,

 

Amounts

2026

 

$

4

Total lease payments

 

 

4

Less: imputed interest

 

 

Total operating lease liabilities, net of interest

 

$

4