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Fair Value and Fair Value Hierarchy of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2025

Fair Value and Fair Value Hierarchy of Financial Instruments [Abstract]

Schedule of Financial Instruments Measured at Fair Value

The carrying amounts and fair values of the Group’s financial instruments measured at fair value are as follows:

		Fair values
		As of December 31,
		2025				2024
		US$				US$
Financial assets
Financial assets at FVTPL			358,387				164,620

Schedule of Significant Unobservable Inputs to Valuation of Financial Instruments

Below is summary of significant unobservable inputs to valuation of financial instruments as of December 31, 2024 and 2025:

		Valuation technique		Significant unobservable input		Range or estimate
Unlisted equity investment		Multiple/ EVA		Equity volatility		69.60%
Movie income right investments		Income approach		Discount rate		10.40%-12.59%

Schedule of Assets Measured at Fair Value

Assets measured at fair value:

Fair value measurement using

Quoted prices in active markets (Level 1)

Recent transaction price (Level 2)

Significant unobservable inputs (Level 3)

Total

US$

US$

US$

US$

As of December 31, 2024

Financial assets at FVTPL

149,849

8,908

5,863

164,620

As of December 31, 2025

Financial assets at FVTPL

343,695

-

14,692

358,387

Schedule of Movements in Fair Value Measurements

The movements in fair value measurements within Level 3 during the years are as follow:

		For the year ended December 31,
		2025				2024
		US$				US$
At January 1,			5,863				5,741
Transfer from Level 2			8,908				—
Exchange realignment			(79	)			122
At December 31,			14,692				5,863

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- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

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Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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