v3.26.1
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Noncontrolling Interest [Member]
Total
Balance at Dec. 31, 2024 $ 6 $ 34,105 $ (30,163) $ 162 $ 4,110
Balance, shares at Dec. 31, 2024 6,379,002        
Net income/loss attributable to ordinary shareholders (139) (139)
Income attributable to non-controlling interests 14 14
Issuance of restricted stock, net
Issuance of restricted stock, net, shares 83,162        
Issuance of ordinary shares 3,122     $ 3,122
Issuance of ordinary shares, shares 803,599        
Issuance of shares upon exercise of options, shares 177,159       290,000
Share-based compensation 108 $ 108
Balance at Mar. 31, 2025 $ 6 37,335 (30,302) 176 7,215
Balance, shares at Mar. 31, 2025 7,442,922        
Balance at Dec. 31, 2024 $ 6 34,105 (30,163) 162 4,110
Balance, shares at Dec. 31, 2024 6,379,002        
Net income/loss attributable to ordinary shareholders         (2,012)
Balance at Jun. 30, 2025 $ 6 37,405 (32,071) (59) 5,281
Balance, shares at Jun. 30, 2025 7,442,922        
Balance at Mar. 31, 2025 $ 6 37,335 (30,302) 176 7,215
Balance, shares at Mar. 31, 2025 7,442,922        
Net income/loss attributable to ordinary shareholders (1,873) (1,873)
Share-based compensation 70 70
Loss attributable to non-controlling interests (131) (131)
Reclassification for contributed non-controlling interests 104 (104)
Balance at Jun. 30, 2025 $ 6 37,405 (32,071) (59) 5,281
Balance, shares at Jun. 30, 2025 7,442,922        
Balance at Dec. 31, 2025 $ 6 38,047 (32,137) 59 5,975
Balance, shares at Dec. 31, 2025 7,664,122        
Net income/loss attributable to ordinary shareholders 22 22
Income attributable to non-controlling interests 16 16
Issuance of restricted stock, net
Issuance of restricted stock, net, shares 137,252        
Share-based compensation 82 82
Balance at Mar. 31, 2026 $ 6 38,129 (32,115) 75 6,095
Balance, shares at Mar. 31, 2026 7,801,374        
Balance at Dec. 31, 2025 $ 6 38,047 (32,137) 59 5,975
Balance, shares at Dec. 31, 2025 7,664,122        
Net income/loss attributable to ordinary shareholders         198
Balance at Jun. 30, 2026 $ 6 38,516 (31,936) 188 6,774
Balance, shares at Jun. 30, 2026 8,101,374        
Balance at Mar. 31, 2026 $ 6 38,129 (32,115) 75 6,095
Balance, shares at Mar. 31, 2026 7,801,374        
Net income/loss attributable to ordinary shareholders 176 176
Income attributable to non-controlling interests 116 116
Issuance of ordinary shares 342 342
Issuance of ordinary shares, shares 300,000        
Share-based compensation 45 45
Reclassification for contributed non-controlling interests 3 (3)
Balance at Jun. 30, 2026 $ 6 $ 38,516 $ (31,936) $ 188 $ 6,774
Balance, shares at Jun. 30, 2026 8,101,374