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Share-Based Awards (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Awards [Abstract]  
Schedule of Compensation Expense Recognized for Share-Based Awards

Compensation expense recognized for share-based awards was as follow:

 

Share-based compensation expenses  Years ended December 31, 

(In thousands)

  2023   2024   2025 
—Restricted Shares (a)   1,998    932    913 
—Share options(b)   1,316    309    130 
Total   3,314    1,241    1,043 
Schedule of Restricted Shares Activity

A summary of the Restricted Shares activity for the years ended December 31, 2023, 2024 and 2025 is presented below:

 

(Number of shares)  Number of Restricted Shares 
Outstanding as of January 1, 2023   7,970,930 
Granted   6,655,170 
Forfeited   (1,000,000)
Vested   (5,629,400)
Outstanding as of December 31, 2023   7,996,700 
Granted   2,950,000 
Forfeited   (2,250)
Vested   (3,485,890)
Outstanding as of December 31, 2024   7,458,560 
Granted   4,757,460 
Forfeited   (2,000,000)
Vested   (2,601,070)
Outstanding as of December 31, 2025   7,614,950 
Schedule of Changes in the Share Options Granted

A summary of the changes in the share options granted by the Company during the years ended December 31, 2023, 2024 and 2025 is as follows:

 

  

Number of

share

options

  

Weighted

average

exercise

price

  

Aggregate

intrinsic

value

 
Outstanding as of January 1, 2023   18,004,940   $0.53   $45,040,329 
Forfeited   (885,560)  $0.56   $(2,409,012)
Exercised   (97,200)  $0.50   $(302,604)
Outstanding as of December 31, 2023   17,022,180   $0.53   $42,328,713 
Exercisable as of December 31, 2023   14,301,480   $0.54   $38,503,322 
Forfeited   (168,120)  $0.50   $(526,049)
Outstanding as of December 31, 2024   16,854,060   $0.53   $41,802,664 
Exercisable as of December 31, 2024   16,373,570   $0.53   $41,679,308 
Forfeited   (197,500)  $0.50   $(296,173)
Outstanding as of December 31, 2025   16,656,560   $0.53   $41,506,491 
Exercisable as of December 31, 2025   16,516,560   $0.53   $41,475,803