|
As
of June 30, 2026, the Company had the following non-cancellable lease contract.
| Description
of the lease |
|
Lease
term |
|
| Office premises |
|
2 to 5 years |
|
(a)
Amount recognized in the consolidated balance sheet:
Operating
lease right -of-use assets, net was as follows as of June 30, 2026 and December 31, 2025:
| | |
As of
June 30,
2026 | | |
As of
December 31,
2025 | |
| | |
In thousands of USD | |
| Right-of-use assets | |
$ | 302 | | |
$ | 554 | |
| Lease liabilities, current | |
$ | 127 | | |
$ | 211 | |
| Lease liabilities, non-current | |
| 177 | | |
| 343 | |
| Total operating lease liabilities | |
$ | 304 | | |
$ | 554 | |
(b) A summary of lease cost recognized in the
Company’ unaudited condensed consolidated statements of loss and comprehensive loss is as follows:
| | |
For the six months ended
June 30, | |
| | |
2026 | | |
2025 | |
| | |
In thousands of USD | |
| Amortization of right-of-use assets | |
$ | 86 | | |
$ | 60 | |
| Interest of lease liabilities | |
$ | 14 | | |
$ | 16 | |
Maturity
analysis of operating lease liabilities of June 30, 2026 is as follows:
| Operating lease payment | |
In thousands
of USD | |
| Within one year | |
| 136 | |
| One to three years | |
| 168 | |
| Three to five years | |
| 14 | |
| Total future minimum lease payments | |
$ | 318 | |
| Less: imputed interest | |
| (14 | ) |
| Total | |
| 304 | |
|