v3.26.3
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (11,549) $ (9,182)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property and equipment 196 295
Amortization of other assets 73 70
Amortization of right-of-use assets 86 60
Amortization of intangible assets 2,341 1,579
Investment loss 12 3,859
Loss on disposal of property and equipment 2,805 0
Changes in operating assets and liabilities:    
Accounts receivable and contract assets 396 2,137
Prepayments and other current assets 287 (116)
Right-of-use assets (82) (37)
Accounts payable 0 (55)
Contract liabilities 246 (546)
Accrued expenses and other current liabilities 9 660
Tax payables (628) (645)
Inventories 0 67
Net cash used in operating activities (5,808) (1,854)
Cash flows from investing activities:    
Purchase of intangible assets (4,062) 0
Investment in potential company (200) (935)
Proceeds from disposal of equipment 2,078 0
Disposal of the subsidiary 0 1,000
The deposits for software 0 (3,341)
Acquisition of Bondly HK 0 (5,330)
Net cash used in investing activities (2,184) (8,606)
Cash flows from financing activities:    
Ordinary shares issued for cash 0 5,883
Due to the related parties 78 (788)
Net cash provided by financing activities 78 5,095
Effects of foreign currency exchange rate changes on cash 600 1,226
Net decrease in cash (7,314) (4,139)
Cash, beginning of period 26,914 26,712
Cash, end of period 19,600 22,573
Supplemental disclosure of cash flows information:    
Cash paid for income taxes 13 249
Supplemental disclosure of non-cash information:    
Obtaining right-of-use assets in exchange for operating lease liabilities 0 253
Purchase of intangible assets prepaid in prior year $ 23,501 $ 0