v3.26.1
PREPAYMENTS AND OTHER CURRENT ASSETS
6 Months Ended
Jun. 30, 2026
PREPAYMENTS AND OTHER CURRENT ASSETS  
PREPAYMENTS AND OTHER CURRENT ASSETS

4. PREPAYMENTS AND OTHER CURRENT ASSETS

Prepayments and other current assets consisted of the following:

As of

December 31,

As of June 30,

  ​ ​ ​

2025

  ​ ​ ​

2026

US$

US$

Prepayments

 

310,966

 

512,989

Deposits (a)

 

1,320,313

 

2,164,161

Others

 

1,202,755

 

1,668,608

 

2,834,034

 

4,345,758

Note (a): The deposits represented the amounts that the Group paid to its CRO vendors for various outsourced research and development programs according to the terms of respective CRO agreements. The Group expects to recover the deposits if the programs fail or the agreements are cancelled.