Accrued Expenses and Other Current Liabilities (Tables)

6 Months Ended

Jun. 30, 2026

Accrued Liabilities and Other Liabilities [Abstract]

Summary of 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.