XML 25 R6.htm IDEA: XBRL DOCUMENT v3.26.1
Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
$ in Thousands
Ordinary shares
Class A
Ordinary shares
Class B
Additional paid-in capital
Cumulative translation adjustments
Accumulated losses
Total
Balance at Dec. 31, 2022 $ 12 $ 6 $ 236,774 $ 1,876 $ (229,377) $ 9,291
Balance (in Shares) at Dec. 31, 2022 246,686,120 122,072,980        
Foreign currency translation Adjustment 587 587
Net income for the year 2,811 2,811
Share-based compensation 3,314 3,314
Shares issued upon exercise of employee share options 49 $ 49
Shares issued upon exercise of employee share options (in Shares) 97,200       97,200
Issuance of shares upon vesting of Restricted Shares $ 1 $ 1
Issuance of shares upon vesting of Restricted Shares (in Shares) 5,629,400        
Balance at Dec. 31, 2023 $ 13 $ 6 240,137 2,463 (226,566) 16,053
Balance (in Shares) at Dec. 31, 2023 252,412,720 122,072,980        
Foreign currency translation Adjustment (229) (229)
Net income for the year 4,558 4,558
Share-based compensation 1,241 1,241
Issuance of shares upon vesting of Restricted Shares [1] [1]
Issuance of shares upon vesting of Restricted Shares (in Shares) 3,485,890        
Balance at Dec. 31, 2024 $ 13 $ 6 241,378 2,234 (222,008) 21,623
Balance (in Shares) at Dec. 31, 2024 255,898,610 122,072,980        
Foreign currency translation Adjustment (159) (159)
Net income for the year 6,301 6,301
Share-based compensation 1,043 1,043
Cancellation of vested Restricted Shares [1]
Cancellation of vested Restricted Shares (in Shares) (2,000,000)          
Issuance upon subsequent vesting of Restricted Shares [1]
Issuance upon subsequent vesting of Restricted Shares (in Shares) 2,000,000        
Issuance of shares upon vesting of Restricted Shares [1]
Issuance of shares upon vesting of Restricted Shares (in Shares) 2,601,070        
Balance at Dec. 31, 2025 $ 13 $ 6 $ 242,421 $ 2,075 $ (215,707) $ 28,808
Balance (in Shares) at Dec. 31, 2025 258,499,680 122,072,980        
[1] Less than one thousand.