v3.26.3
Intangible Assets, Net
 9 Months Ended
Sep. 30, 2026
Intangible Assets, Net [Abstract]  
INTANGIBLE ASSETS, NET

9. INTANGIBLE ASSETS, NET

 

Intangible assets, net consisted of the following:

 

    As of,  
    December 31,
2025		     September 30,
2026		  
Gross carrying amount            
Trade names   $ 460     $ 460  
Software     1,476       3,276  
Accreditation     100       100  
      2,036       3,836  
Less: accumulated amortization                
Trade names     —       —  
Software     (316 )     (468 )
Accreditation     (58 )     (66 )
      (374 )     (534 )
Intangible assets, net                
Trade names     460       460  
Software     1,160       2,808  
Accreditation     42       34  
    $ 1,662     $ 3,302  

 

There was no impairment loss accrued for the nine months ended September 30, 2025 and 2026, respectively.

 

Amortization expenses for intangible assets amounted to $17 and $160 for the nine months ended September 30, 2025 and 2026, respectively, which were recorded in cost of revenue and research and development expenses. Based on the current amount of intangible assets subject to amortization, the estimated amortization expenses for the remainder of 2026 and each subsequent annual periods are as follows: 

 

    Amount  
       
For the remainder of the year ending December 31, 2026   $ 75  
For the year ending December 31,        
2027     300  
2028     300  
2029     300  
2030     292  
Thereafter     1,575  
Total   $ 2,842