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Bank Borrowings (Tables)

12 Months Ended

Dec. 31, 2025

Bank Borrowings [Abstract]

Schedule of Bank Borrowings

(In thousands)		December 31, 2024				December 31, 2025
Bank borrowings
Short-term borrowings(i)			6,956				5,549
Current portion of long-term bank borrowings(ii)			—				68
Long-term borrowings(ii)			—				1,622
Total			6,956				7,239

(i) The Group’s short-term bank borrowings are primarily used for working capital and business development purposes and bear interest rate of 2.4% ~ 2.9% (2024: 3.00% ~ 3.17%) per annum, with a weighted average interest rate of 2.64% (2024: 3.11%) per annum.

Certain bank borrowings are guaranteed by certain of our directors and certain subsidiaries as of December 31, 2024 and 2025.

(ii) In September and December 2025, the Group entered into a two-year and a twenty-one-month financing agreement, respectively, with a bank, totaling US$1,707 thousand and guaranteed by certain director. The interest rate ranged from 3.1% to 3.2% per annum.

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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