v3.26.1
Accrued Expenses and Other Current Liabilities
6 Months Ended
Jun. 30, 2026
Accrued expenses and other current liabilities [Abstract]  
Accrued Expenses and Other Current Liabilities
8.
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

A summary of the Group’s accrued expenses and other current liabilities as of June 30, 2026 and December 31, 2025 is outlined below:

 

 

 

June 30, 2026

 

 

December 31, 2025

 

(in USD and thousands)

 

 

 

 

 

 

Interest payable

 

$

92,718

 

 

$

95,130

 

Payroll and employee costs

 

 

83,631

 

 

 

64,230

 

Product and commission costs

 

 

59,314

 

 

 

49,043

 

Indirect taxes payable

 

 

50,969

 

 

 

46,276

 

Operating costs

 

 

49,240

 

 

 

68,001

 

Air costs

 

 

37,563

 

 

 

17,132

 

Overhead costs

 

 

29,764

 

 

 

29,537

 

Marketing expenses

 

 

25,521

 

 

 

27,438

 

Other

 

 

61,655

 

 

 

55,213

 

Total

 

$

490,375

 

 

$

452,000

 

 

The changes in accrued expenses and other current liabilities are based on the timing of accruals for goods and services and payments.