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Related Party Transactions

12 Months Ended

Dec. 31, 2024

24.

Related Party Transactions

For the years ended December 31, 2022, 2023 and 2024, the significant related party transactions and balances were as follows:


	Year Ended December 31,
	2022		2023		2024
	(in US$ thousands)
Rental fee charged by a related party	$	207	$	198	$	196

The rental fee charged by a related party represented the costs charged from a company under common control of a principal shareholder for a renewable operating lease for an office facility used by the Group. The Company has recorded nil ROU assets and lease liabilities as of December 31, 2024 associated with this lease (see Note 8 for additional information on leases).

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
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-Name Accounting Standards Codification
-Section 50
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-5

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-Topic 850
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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+ Details