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Financial Assets at Amortized Cost

12 Months Ended

Dec. 31, 2024

Financial Assets at Amortized Cost

Financial Assets at Amortized Cost

Note 8.  Financial Assets at Amortized Cost

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​	​	​	​	​	​
​	​	December 31,			December 31,
​		2023			2024
​	​	​	(in thousands)
Time deposit with original maturities more than three months	​	$	12,511	​	4,286

​

The financial assets at amortized cost are in China Yuan (CNY) and US dollar denominated time deposits with original maturities of more than three months and the expected holding period as of December 31, 2023 and 2024 is due in one year or less.

As of December 31, 2023 and 2024, no financial assets at amortized cost were pledged with banks as collaterals.

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