XML 34 R19.htm IDEA: XBRL DOCUMENT
v3.26.1

Loan from Shareholder | 12 Months Ended
--- | ---
Dec. 31, 2025
Loan from Shareholder [Abstract] |
LOAN FROM SHAREHOLDER | NOTE 12 — LOAN FROM SHAREHOLDER Loan from shareholder consisted of the following:
|  | As of December 31, |
|  | 2024 |  |  | 2025 |
|  | US$’000 |  |  | US$’000 |
Loan from shareholder – Mega Origin |  |  | 5,000 |  |  |  | 4,000 |
For long-term loan, the loan quantum is US$5,000,000 with simple annual interests charged at 3.5% per annum. The loan was entered into on January 1, 2024, and is for a period of two years and not repayable upon demand, save upon the request by Delixy Energy, whichever earlier. On December 31, 2024, the loan was further extended for another year to December 31, 2026. Effective May 1, 2025, the Company and its shareholder entered into a revised loan agreement. Following a partial repayment of US$1,000,000 on April 22, 2025, the outstanding principal balance was US$4,000,000. The shareholder irrevocably waived all interest accrued from January 1, 2025 to May 1, 2025, and the loan is non-interest-bearing thereafter.

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 470 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/470/tableOfContent + Details
Name: | us-gaap_LongTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration