v3.25.4
Parent Only Financial Information - Schedule of Condensed Statement of Cash Flows (Details) - Parent Company - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net loss $ (63,286) $ (13,810)
Adjustments to reconcile net loss to net cash used in operating activities    
Stock-based compensation expense 51,671 9,933
Change in fair value of warrant liabilities (3,463) (4)
Change in fair value of forward share purchase liability 82
Loss on settlement of forward share purchase agreement 379
Interest income from promissory note receivable, related party (765)
Interest expenses on borrowings 4,777
Change in operating assets and liabilities:    
Prepayments 658 (17)
Other payables and accrued liabilities 6,399 1,161
Net cash used in operating activities (4,009) (2,276)
Cash flows from investing activities:    
Issuance of promissory notes receivable, related party (15,465)
Net cash used in investing activities (15,465)
Cash flows from financing activities:    
Advances to related companies (4,003) (934)
Proceeds from convertible promissory note payables 23,350
Settlement of forward share purchase agreement (13,953)
Proceeds from private placement 1,850
Net cash provided by (used in) financing activities 19,347 (13,037)
Net change in cash, cash equivalent and restricted cash (127) (15,313)
Beginning of year 130 15,443
End of year $ 3 $ 130