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Short-term borrowings (Tables)
12 Months Ended
Dec. 31, 2022
Convertible promissory notes [Abstract]  
Schedule of short-term borrowings
(In thousands)   December 31,
2021
    December 31,
2022
 
Current            
Bank borrowings(i)     3,177       2,842  
Other borrowings(ii)    
      34  
Total     3,177       2,876  

 

(i)The Group’s short-term bank borrowings are primarily used for working capital and business development purposes and bear interest rate of 4.00% ~ 5.55% (2021: 1.60% ~ 5.22%) per annum, with a weighted average interest rate of 4.86% (2021: 3.67%) per annum.

 

(ii)In March 2022, the Company entered into an eleven-month financing agreement with an independent third-party finance lease company amounting to US$194 thousand with equivalent equipment of the Group pledged. The interest rate is 5.6% per annum.