| Schedule of Information about Group’s Segment |
The table below provides information about Group’s segment (in thousands):
|
|
|
For the years ended December 31,
|
| |
|
2025
|
|
2024
|
|
2023
|
|
Revenues
|
|
$
|
950 |
|
|
$
|
11,995 |
|
|
$
|
37,333 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Less:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of revenues
|
|
|
(356 |
)
|
|
|
(9,327 |
)
|
|
|
(49,014 |
)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Segment gross (loss) profit
|
|
|
594 |
|
|
|
2,668 |
|
|
|
(11,681 |
)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Less:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization
|
|
|
(699 |
)
|
|
|
(775 |
)
|
|
|
(800 |
)
|
|
Amortization of operating lease right-of-use asset
|
|
|
(903 |
)
|
|
|
(2,767 |
)
|
|
|
(2,383 |
)
|
|
Changes in fair value of warrant liabilities
|
|
|
(35 |
)
|
|
|
236 |
|
|
|
212 |
|
|
Change in fair value of convertible notes
|
|
|
(2,626 |
)
|
|
|
—
|
|
|
|
—
|
|
|
Disposal loss of property and equipment
|
|
|
(1,217 |
)
|
|
|
(37 |
)
|
|
|
—
|
|
|
Lawsuit provision
|
|
|
(1,143 |
)
|
|
|
(22,143 |
)
|
|
|
—
|
|
|
Inventory write-downs
|
|
|
(109 |
)
|
|
|
(890 |
)
|
|
|
(16,107 |
)
|
|
Allowance for expected credit losses
|
|
|
(23,691 |
)
|
|
|
(64,411 |
)
|
|
|
(22,766 |
)
|
|
Impairment loss
|
|
|
(4,319 |
)
|
|
|
(1,242 |
)
|
|
|
(62,665 |
)
|
|
Interests on loans from a third party
|
|
|
(1,831 |
)
|
|
|
(1,751 |
)
|
|
|
(3,578 |
)
|
|
Salary expenses
|
|
|
(5,248 |
)
|
|
|
(14,543 |
)
|
|
|
(20,593 |
)
|
|
Rental expenses
|
|
|
(1,242 |
)
|
|
|
(3,155 |
)
|
|
|
(4,635 |
)
|
|
Share-based compensation expenses
|
|
|
(117,036 |
)
|
|
|
—
|
|
|
|
(23,338 |
)
|
|
Financial expenses on PIPE (see Note 9 for details)
|
|
|
—
|
|
|
|
(36,137 |
)
|
|
|
(30,000 |
)
|
|
Other operating expenses
|
|
|
(266 |
)
|
|
|
(2,248 |
)
|
|
|
(46,631 |
)
|
|
Interest expenses, net
|
|
|
(9,802 |
)
|
|
|
(2,691 |
)
|
|
|
(3,248 |
)
|
|
Other income (expenses), net
|
|
|
2,006 |
|
|
|
(22,840 |
)
|
|
|
(18,482 |
)
|
|
Segment loss
|
|
$
|
(167,567 |
)
|
|
$
|
(172,726 |
)
|
|
$
|
(266,695 |
)
|
|