v3.26.1
Intangible Assets, Net
 6 Months Ended
Jun. 30, 2026
Intangible Assets, Net [Abstract]  
INTANGIBLE ASSETS, NET

8. INTANGIBLE ASSETS, NET

 

Intangible assets, net consisted of the following:

 

   As of, 
   December 31,
2025		   June 30,
2026		 
Gross carrying amount        
Trade names  $460   $460 
Software   1,476    2,276 
Accreditation   100    100 
    2,036    2,836 
Less: accumulated amortization          
Trade names   
—
    
—
 
Software   (316)   (394)
Accreditation   (58)   (63)
    (374)   (457)
Intangible assets, net          
Trade names   460    460 
Software   1,160    1,882 
Accreditation   42    37 
   $1,662   $2,379 

 

There was no impairment loss accrued for the six months ended June 30, 2025 and 2026, respectively.

 

Amortization expenses for intangible assets amounted to $5 and $83 for the six months ended June 30, 2025 and 2026, respectively, which were recorded in cost of revenue and research and development expenses. Based on the current amount of intangible assets subject to amortization, the estimated amortization expenses for the remainder of 2026 and each subsequent annual periods are as follows: 

 

   Amount 
     
2026  $105 
2027   210 
2028   210 
2029   210 
2030   202 
Thereafter   983 
Total  $1,919