v3.26.1
Summary of Significant Accounting Policies and Basis of Presentation (Tables)
6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of Fair Value on a Recurring Basis by Level within the Fair Value Hierarchy

The Company’s financial assets that are measured at fair value on a recurring basis by level within the fair value hierarchy are as follows:

 

   As of June 30, 2026 
   Level 1   Level 2   Level 3   Total 
   US$ 
                 
Assets:                
Marketable Securities   2,175    -    -    2,175 
Investment under the fair value option   1,127              1,127 
Total assets   3,302    -    -    3,302 

 

   As of December 31, 2025 
   Level 1   Level 2   Level 3   Total 
   US$ 
                 
Assets:                
Marketable Securities   250    -    -    250 
Total assets   250    -    -    250 
   As of June 30, 2026 
   Level 1   Level 2   Level 3   Total 
   US$ 
                 
Liabilities:                
Stock purchase warrant liabilities   -    -    124,387    124,387 
Total liabilities   -    -    124,387    124,387 

 

   As of December 31, 2025 
   Level 1   Level 2   Level 3   Total 
   US$ 
                 
Liabilities:                
Private Placement Warrant   -    -    24,521    24,521 
Total liabilities   -    -    24,521    24,521 
Schedule of Fair Value of the Level 3 Liabilities was Determined using Valuation Models The fair value of the Level 3 liabilities was determined using valuation models. Significant unobservable inputs include expected volatility, expected term, risk-free interest rate and discount rates.
   Private
Placement
Warrant
   February
2026
Warrants
   Derivative
liabilities
   Total 
Liabilities:                
Outstanding at December 31, 2025   24,521    -    -    24,521 
Additions   -    25,429    -    25,429 
Liabilities assumed as part of subsidiary consolidated for the first time   -    -    8,779    8,779 
Exercised   (17,758)   -    (3,153)   (20,911)
Changes in fair value   (6,763)   98,958    (5,626)   86,569 
Outstanding at June 30, 2026   -    124,387    -    124,387