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Lease
12 Months Ended
Dec. 31, 2022
Lease [Abstract]  
Lease
18.Lease

 

The Group has leased office premises and buildings under non-cancellable operating lease agreements. These leases have different terms and renewal rights

 

The following table presents balances reported in the consolidated balance sheets related to the Company’s leases:

 

(In thousands)   December 31,
2022
 
Right-of-use asset, net     206  
Current lease liabilities     184  

 

The following table presents operating lease cost reported in the consolidated statements of comprehensive loss related to the Company’s leases:

 

(In thousands)  Year ended
December 31,
2022
 
Operating lease cost   238 
Short-term lease cost   1,191 
Total   1,429 

 

For the year ended December 31, 2022, the Group incurred rental expenses under operating leases US$1,429 thousand.

 

The following table reconciles the undiscounted cash flows of the Company’s leases as of December 31, 2022 to the present value of its operating lease payments:

 

For the year ending December 31  (In thousands) 
2023   204 
2024   10 
Total undiscounted operating lease payments   214 
Less: imputed interest   (30)
Present value of operating lease liabilities   184