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Lease | 12 Months Ended
--- | ---
Dec. 31, 2023
Lease [Abstract] |
Lease |
| 18. | Lease
The Company 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 |  |  | December 31, 2023 |
Right-of-use assets, net |  |  | 206 |  |  |  | 2,321 |
Current operating lease liabilities |  |  | 184 |  |  |  | 1,082 |
Non-current operating lease liabilities |  |  | — |  |  |  | 1,286 |
The following table presents operating lease cost reported in the consolidated statements of comprehensive (loss)/income related to the Company’s leases:
(In thousands) |  | December 31, 2022 |  |  | December 31, 2023 |
Operating lease cost |  |  | 238 |  |  |  | 973 |
Short-term lease cost |  |  | 1,191 |  |  |  | 931 |
Total |  |  | 1,429 |  |  |  | 1,904 |
For the years ended December 31, 2022 and 2023, the Company incurred rental expenses under operating leases US$1,429 thousand and US$1,904 thousand. The following table reconciles the undiscounted cash flows of the Company’s leases as of December 31, 2023 to the present value of its operating lease payments:
For the year ending December 31 |  | (In thousands) |
2024 |  |  | 1,147 |
2025 |  |  | 965 |
2026 |  |  | 297 |
2027 |  |  | 64 |
Total undiscounted operating lease payments |  |  | 2,473 |
Less: imputed interest |  |  | (105 | )
Present value of operating lease liabilities |  |  | 2,368 |
The following summarizes other supplemental information about the Company's lease as of December 31, 2023.
|  | As of December 31, 2023 |
Weighted average discount rate |  |  | 4.76 | %
Weighted average remaining lease term |  |  | 2.3 years |

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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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