v3.26.1
Unaudited Condensed Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
$ in Thousands
ordinary shares
Class A
ordinary shares
Class B
Additional paid-in capital
Retained earnings
Statutory reserve
Accumulated other comprehensive Income (loss)
Total Cheer Holding, Inc.s’ shareholder’ equity
Non-controlling interests
Total
Balance at Dec. 31, 2024 $ 10 $ 0 [1] $ 113,485 $ 207,128 $ 1,411 $ (17,041) $ 304,993 $ 77 $ 305,070
Balance (in Shares) at Dec. 31, 2024 205,711 [2] 500,000              
Share-based compensation $ 1 [1] 3,428 3,429 3,429
Share-based compensation (in Shares) [2] 9,000                
Net income for the period [1] 7,755 7,755 1 7,756
Foreign currency translation adjustment [1] 5,934 5,934 2 5,936
Balance at Jun. 30, 2025 $ 11 $ 0 [1] 116,913 214,883 1,411 (11,107) 322,111 80 322,191
Balance (in Shares) at Jun. 30, 2025 214,711 [2] 500,000              
Balance at Dec. 31, 2025 $ 234 $ 0 [1] 137,734 232,745 1,411 (2,441) 369,683 85 369,768
Balance (in Shares) at Dec. 31, 2025 1,562,083 [2] 500,000              
Net income for the period [1] 8,062 8,062 8,062
Foreign currency translation adjustment [1] 11,453 11,453 3 11,456
Issuance of shares due to roundup of fractional shares in share consolidation [1]
Issuance of shares due to roundup of fractional shares in share consolidation (in Shares) 36 [2]              
Issuance of shares to settle outstanding warrants (in Shares) 283,334 [2]              
Issuance of shares to settle outstanding warrants $ 43 [1] (43)
Balance at Jun. 30, 2026 $ 277 $ 0 [1] $ 137,691 $ 240,807 $ 1,411 $ 9,012 $ 389,198 $ 88 $ 389,286
Balance (in Shares) at Jun. 30, 2026 1,845,453 [2] 500,000              
[1] The amounts were below 1,000.
[2] The shares and per share information are presented on a retroactive basis to reflect the share consolidation of Class A at a ratio of one-for-fiftieth (50) effective on December 22, 2025 and the share consolidation of Class A at a ratio of one-for-third (3) effective on April 7, 2026 (Note 1).