v3.26.1
Other Income (Expenses), Net
12 Months Ended
Dec. 31, 2025
Other Income (Expenses), Net [Abstract]  
OTHER INCOME (EXPENSES), NET

17. OTHER INCOME (EXPENSES), NET

Other income (expenses), net by nature consisted of the following

 

For the years ended December 31,

Nature

 

2025

 

2024

 

2023

Loss of Loop Dispute (see Note 15 for more details)

 

$

 

 

$

(14,677

)

 

$

 

Contingent liabilities for litigation (see Note 15 for more details)

 

 

2,488

 

 

 

(7,466

)

 

 

 

Penalty due to breach of contracts

 

 

 

 

 

(543

)

 

 

 

Transfer-out of input tax

 

 

 

 

 

(158

)

 

 

 

Disposal loss of property and equipment (see Note 8 for more details)

 

 

(1,217

)

 

 

 

 

 

 

Income from disposal of R&D vehicles

 

 

735

 

 

 

 

 

 

 

Loss on inventory write-off

 

 

(443

)

 

 

 

 

 

 

Loss of Jinghong Dispute (see Note 15 for more details of Jinghong Dispute)

 

 

 

 

 

 

 

 

(22,971

)

Write-off/settlement of long-outstanding receivables and payables

 

 

 

 

 

 

 

 

(1,418

)

Individual income tax surcharge due to delayed payroll payments

 

 

 

 

 

 

 

 

(494

)

Gain (expenses) incurred resulting from discrepancies in the enforcement payments

 

 

 

 

 

(135

)

 

 

4,679

 

Individual income tax refund

 

 

8

 

 

 

121

 

 

 

 

Corporate income tax refund

 

 

164

 

 

 

 

 

 

 

 

 

Government subsidies

 

 

 

 

 

27

 

 

 

1,590

 

Gain from dissolution of a subsidiary (see Note 19 for more details)

 

 

 

 

 

 

 

 

90

 

Others

 

 

271

 

 

 

(9

)

 

 

42

 

Total

 

$

2,006

 

 

$

(22,840

)

 

$

(18,482

)