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Leases

12 Months Ended

Dec. 31, 2025

Leases

Leases

8 Leases

The Company entered into operating leases for computer peripherals and office properties in Malaysia and Indonesia. The leases in Malaysia included an option to renew for a one year term. None of the renewal options have been included in the measurement of the leases.

The Company also entered into finance lease for computer peripherals.

Right-of-use assets and lease liabilities, as of December 31, 2025 and 2024, are as follows:

Schedule of right-of-use assets and lease liabilities 

		Line Items		2025				2024
		Financial Statement		December 31,
		Line Items		2025				2024
				US$				US$
Right-of-use assets:
Operating lease		Right-of-use assets			199,064				349,240
Total right-of-use assets					199,064				349,240
Lease liabilities:
Current liabilities
Operating lease		Current portion of lease liabilities			186,554				171,909
Total operating lease					186,554				171,909
Non-current liabilities
Operating lease		Other payables			-				156,647
Total non-current operating lease					-				156,647

CURRENC GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

The components of lease costs are as follows:

Schedule of lease costs 

		2025				2024
		Years ended December 31,
		2025				2024
		US$				US$
Operating lease costs			669,840				644,730
Short-term lease costs			78,114				82,596
Finance lease costs:
Depreciation			-				-
Interest on finance lease liabilities			-				-
Total lease costs			747,954				727,326

Other information related to leases is as follows:

Schedule of other information related to leases 

		Years ended December 31,
		2025				2024
		US$				US$
Weighted Average Remaining Lease Term
Operating lease			11				16.5
Weighted Average Discount Rate
Operating lease			8.4	%			8.6	%

Cash flows related to leases are as follows:

Schedule of cash flows related to leases 

		2025				2024
		Years ended December 31,
		2025				2024
		US$				US$
Cash flows from operating activities:
Payments for operating lease liabilities			219,800				213,708
Cash flows from financing activities:
Principal payments on finance lease obligation			-				-
Supplemental Cash Flow Data:
Right-of-use assets obtained in exchange for new operating lease obligations			15,000				388,020

Future minimum lease payments under non-cancellable operating leases as of December 31, 2025 are as follows:

Schedule of future minimum lease payments under non-cancellable operating leases 

		Operating lease
			US$
For the year ending December 31,
2025			193,314
2026			-
Total future minimum lease payment			193,314
Less: imputed interest			(6,760	)
Total lease liabilities			186,554

CURRENC GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

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- References

No definition available.

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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

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