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Leases | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2023 | Dec. 31, 2022
Leases [Abstract] |  |
LEASES | 10. LEASES The Group has entered into operating lease agreements for certain offices, which are substantially located in PRC. The Group determines if an arrangement is a lease, or contains a lease, at inception and record the leases in the consolidated financial statements upon lease commencement, which is the date when the lessor makes the underlying asset available for use by the lessee. The balances for the operating leases where the Group is the lessee are presented as follows within the unaudited condensed consolidated balance sheets:
|  | December 31, |  |  | June 30, |
|  | 2022 |  |  | 2023 |
Operating lease right-of-use assets, net |  | $ | 344 |  |  | $ | 1,514 |
Lease liabilities - current |  |  | 315 |  |  |  | 624 |
Lease liabilities – non-current |  |  | - |  |  |  | 796 |
Total operating lease liabilities |  | $ | 315 |  |  |  | 1,420 |
The components of lease expenses were as follows:
|  | For the Six Months Ended June 30, |
|  | 2022 |  |  | 2023 |
Lease cost |  |  |  |  |  |  |  |
Amortization of right-of-use assets |  | $ | 619 |  |  | $ | 350 |
Interest of operating lease liabilities |  |  | 29 |  |  |  | 9 |
Balance at the end of the period |  | $ | 648 |  |  | $ | 359 |
Other information related to leases where the Group is the lessee is as follows:
|  | December 31, |  |  | June 30, |
|  | 2022 |  |  | 2023 |
Weighted-average remaining lease term |  | $ | 0.61 |  |  | $ | 0.64 |
Weighted-average discount rate |  |  | 4.30 | % |  |  | 4.30 | %
As of June 30, 2023, the following is a schedule of future minimum payments under the Group’s operating leases:
For the year ended June 30, |  | Operating Leases |
Remainder of 2023 |  | $ | 319 |
2024 |  |  | 687 |
2025 |  |  | 478 |
2026 |  |  | 2 |
Total lease payments |  |  | 1,486 |
Less: imputed interest |  |  | (66 | )
Total |  | $ | 1,420 |
11. | LEASES
The Group has entered into operating lease agreements for certain offices, which are substantially located in PRC. The Group determines if an arrangement is a lease, or contains a lease, at inception and record the leases in the consolidated financial statements upon lease commencement, which is the date when the lessor makes the underlying asset available for use by the lessee. The balances for the operating leases where the Group is the lessee are presented as follows within the consolidated balance sheets:
|  | December 31, |
|  | 2022 |
Operating lease right-of-use assets, net |  | $ | 344 |
Lease liabilities - current |  | $ | 315 |
Lease liabilities – non-current |  |  | - |
Total operating lease liabilities |  | $ | 315 |
The components of lease expenses were as follows:
|  | Year ended December 31, |
|  | 2022 |
Lease cost |  |  |
Amortization of right-of-use assets |  | $ | 619 |
Interest of operating lease liabilities |  |  | 29 |
Total Lease cost |  | $ | 648 |
Other information related to leases where the Group is the lessee is as follows:
|  | December 31, |
|  | 2022 |
Weighted-average remaining lease term |  |  | 0.61 |
Weighted-average discount rate |  |  | 4.30 | %
As of December 31, 2022, the following is a schedule of future minimum payments under the Group’s operating leases:
For the year ended December 31, |  | Operating Leases |
2023 |  | $ | 348 |
Total lease payments |  |  | 348 |
Less: imputed interest |  |  | (33 | )
Total |  | $ | 315 |

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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