v3.26.3
Accrued Expenses and Other Current Liabilities
 6 Months Ended
Jun. 30, 2026
Accrued Liabilities and Other Liabilities [Abstract]  
Accrued Expenses and Other Current Liabilities
7.
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

Accrued expenses and other current liabilities consisted of the following:

 

 

As of December 31,

 

 

As of June 30,

 

 

2025

 

 

2026

 

 

US$

 

 

US$

 

Accrued payroll and social insurance

 

 

2,938,321

 

 

 

2,531,628

 

Cash collected on behalf of the customers(a)

 

 

53,683

 

 

 

105,434

 

Other taxes payable

 

 

540,679

 

 

 

597,556

 

Accrued follow-up offering cost

 

 

522,813

 

 

 

478,198

 

Accrued service expenses

 

 

403,298

 

 

 

979,196

 

Interest payable to investors

 

 

825,081

 

 

 

969,898

 

Others(b)

 

 

229,529

 

 

 

406,408

 

Accrued Expenses and Other Current Liabilities

 

 

5,513,404

 

 

 

6,068,318

 

 

a.
The Group collects the EV charging considerations from end users on behalf of certain customers and pays to these customers on a regular basis.
b.
Others as of December 31, 2025 and June 30, 2026 mainly included accrued warranty and other payable.