v3.26.1
SHARE-BASED PAYMENTS (Tables)
 6 Months Ended
Jun. 30, 2026
Disclosure of terms and conditions of share-based payment arrangement [abstract]  
Summary of Awards Outstanding
The number of share options outstanding under the Amended and Restated 2020 Stock Incentive Plan and the Founders’ Awards as of June 30, 2026 and 2025 were as follows:

NUMBER
OF
AWARDS		WEIGHTED
AVERAGE
EXERCISE
PRICE PER
SHARE IN
USD
Awards outstanding as of January 1, 20265,193,8498.37 
Granted204,6242.47 
Forfeited(2,917)8.94 
Expired(21,250)9.58 
Awards outstanding as of June 30, 20265,374,3068.14 
Awards exercisable as of June 30, 20261,084,8829.71 
Awards outstanding as of January 1, 20255,222,6888.32 
Granted28,34012.35 
Exercised(36,857)5.43
Expired(2,500)12.69 
Awards outstanding as of June 30, 20255,211,6718.36 
Awards exercisable as of June 30, 2025928,2269.46 
Summary of Options Granted in Black Scholes Model
The options granted during the six months ended June 30, 2026 and June 30, 2025 were valued using the Black-Scholes model with the following assumptions:
Six months ended June 30,
20262025
Exercise price, USD2.4712.35
Share price, USD2.4712.35
Risk free interest rate4.21%3.99%
Estimated volatility70%45%
Expected option term, years4.004.00
Dividend yieldnilnil
Summary of the RSU activity
A summary of the RSU activity as of and for the six months ended June 30, 2026 and 2025, is as follows:
NUMBER OF SHARESWEIGHTED AVERAGE GRANT DATE FAIR VALUE, USD
Outstanding as of January 1, 2026927,840 11.28 
Granted2,119,194 3.60 
Vested(256,443)11.02 
Forfeited(187,657)7.05 
Outstanding as of June 30, 20262,602,934 5.36 
Outstanding as of January 1, 2025611,831 9.42 
Granted503,94613.51 
Vested(147,183)9.39 
Forfeited(30,569)11.43 
Outstanding as of June 30, 2025938,02511.56 
Summary of Share-based Payment Expense
Share-based Payment Expense
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Share options expense320 457 620 889 
RSU expense1,110 1,176 2,373 2,153 
Restricted shares expense422 569 422 569 
Other share based related expenses32 20 32 20 
Share-based payment expense1,884 2,222 3,447 3,631 
Summary of Unrecognized Share-Based Payment Arrangements And Weighted Average Amortization Period
As of June 30,
20262025
Unrecognized share-based payment expense, USD
  Equity classified share options (excluding Founder Awards)315 702 
  Founders’ Awards1,633 2,655 
  RSUs9,0587,581 
Weighted average remaining amortization period, years
  Equity classified share options (excluding Founder Awards)0.60.9
  Founders’ Awards1.92.8
  RSUs1.91.9