v3.26.3
Unaudited Condensed Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
$ in Thousands
Ordinary shares
Class A
Ordinary shares
Class B
Additional paid-in capital
Statutory reserve
Retained earnings
Accumulated other comprehensive Income
Total
Balance at Dec. 31, 2024 $ 1 [1] $ 1 [1] $ 17,405 $ 3,193 $ 33,138 $ 3,148 $ 56,886
Balance (in Shares) at Dec. 31, 2024 [1] 27,566 26,316          
Net loss [1] [1] (8,039) (8,039)
Share-based compensation [1] [1] 8,645 8,645
Share-based compensation (in Shares) [1] 5,353            
Foreign currency translation adjustment [1] [1] 695 695
Balance at Jun. 30, 2025 $ 1 [1] $ 1 [1] 26,050 3,193 25,099 3,843 58,187
Balance (in Shares) at Jun. 30, 2025 [1] 32,919 26,316          
Balance at Dec. 31, 2025 $ 1 [1] $ 1 [1] 26,050 3,193 24,886 3,773 57,904
Balance (in Shares) at Dec. 31, 2025 [1] 32,919 26,316          
Net loss [1] [1] (1,040) (1,040)
Foreign currency translation adjustment [1] [1] 726 726
Balance at Jun. 30, 2026 $ 1 [1] $ 1 [1] $ 26,050 $ 3,193 $ 23,846 $ 4,499 $ 57,590
Balance (in Shares) at Jun. 30, 2026 [1] 32,919 26,316          
[1] The value of Class A and Class B ordinary shares are presented in thousands and are rounded, with a difference no more than $0.4 from the absolute amount.