v3.26.3
Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]    
Net revenues $ 69,276 $ 74,508
Cost of revenues (49,651) (50,505)
Gross profit 19,625 24,003
Operating expenses:    
Selling expenses (16,029) (18,909)
General and administrative expenses (3,252) (8,368)
Research and development expenses (2,476) (7,267)
Total operating expenses (21,757) (34,544)
Loss from operations (2,132) (10,541)
Other income/(expenses):    
Other non-operating income, net 3,257 697
Government subsidy 243
Fair value loss on derivative instruments (14)
Foreign exchange gain/(loss) (1,760) 1,795
Interest expense, net (40) (12)
Total other income, net 1,457 2,709
Loss before income tax expense (675) (7,832)
Income tax expense (365) (207)
Net loss (1,040) (8,039)
Other comprehensive income    
Foreign currency translation adjustment 726 695
Total comprehensive loss $ (314) $ (7,344)
Net loss per share    
Basic (in Dollars per share) $ (0.02) $ (0.15)
Diluted (in Dollars per share) $ (0.02) $ (0.15)
Weighted average shares    
Basic (in Shares) 59,234,221 54,684,493
Diluted (in Shares) 59,234,221 54,684,493