v3.26.3
Property and Equipment, Net
12 Months Ended
Dec. 31, 2025
Property and Equipment, Net [Abstract]  
PROPERTY AND EQUIPMENT, NET
7. PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net, consisted of the following:

 

    As of December 31,  
    2024     2025  
Freehold buildings   $ 2,387,718     $ 2,631,141  
Freehold land     857,653       945,089  
Leasehold improvements     619,912       829,128  
Equipment     375,838       458,161  
Furniture and fixtures     208,511       266,054  
Computers     12,106       13,338  
Total     4,461,738       5,142,911  
Less: accumulated depreciation     (795,984 )     (1,123,383 )
Total property and equipment, net   $ 3,665,754     $ 4,019,528  

 

The Group recorded depreciation expenses of property and equipment of US$311,459, US$248,627 and US$240,032 for the years ended December 31, 2023, 2024 and 2025, respectively.

 

For the years ended December 31, 2023, 2024 and 2025, the Group recorded a gain from disposal of property and other equipment of US$4,094, US$33,875 and US$556, respectively.