v3.26.3
Taxes - Schedule of Financial Accounting Basis and Tax Basis of Assets and Liabilities (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Deferred tax assets:    
Net operating losses carryforward $ 719 $ 309
Allowance for credit losses 772 776
Deferred income [1] 257 253
Intangible assets [2] 164 203
Operating lease liabilities 1,826 951
Total deferred tax assets 3,738 2,492
Less: valuation allowance
Total deferred tax assets, net of valuation allowance 3,738 2,492
Net off against deferred tax liabilities (1,898) (1,179)
Net deferred tax assets 1,840 1,313
Deferred tax liabilities:    
Property and equipment [3] 446 355
Operating lease right-of-use assets 1,860 1,071
Deferred tax liabilities 2,306 1,426
Net off against deferred tax assets (1,898) (1,179)
Net deferred tax liabilities $ 408 $ 247
[1] Deferred income represents the assets related government subsidies, which will amortize on a straight-line basis within the useful life of related assets. The tax basis is recognized when the Company received the subsidies.
[2] Intangible asset represents the amortization temporary difference of licensed software. Management uses 10 years useful life as the tax basis, which is different from the 5 years useful life in accounting basis.
[3] Property and equipment represent the amortized temporary difference between the tax basis and the accounting basis.