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Consolidated Statements of Changes In Shareholders’ Equity - USD ($)
$ in Thousands
Ordinary Shares
Additional paid-up capital
Other reserve
Retained earnings/ (accumulated deficit)
Total
Balance at Dec. 31, 2022 [1],[2] $ 695 $ 46 $ 11,169 $ 11,910
Balance (in Shares) at Dec. 31, 2022 [1] 15,000        
Net income/(loss) [1] 1,152 1,152
Balance at Dec. 31, 2023 [1],[2] 695 46 1,084 1,825
Balance (in Shares) at Dec. 31, 2023 [1] 15,000        
Dividends [1] (1,500) (1,500)
Net income/(loss) [1] 1,028 1,028
Balance at Dec. 31, 2024 [1],[2] 695 46 612 1,353
Balance (in Shares) at Dec. 31, 2024 [1] 15,000        
Dividends (11,237) (11,237)
Issuance of Shares [1] 3,215 3,215
Issuance of Shares (in Shares) [1] 1,350        
Net income/(loss) [1] (4,463) (4,463)
Balance at Dec. 31, 2025 [1] $ 3,910 $ 46 $ (3,851) $ 105
Balance (in Shares) at Dec. 31, 2025 [1] 16,350        
[1] Retrospectively restated for the effect of 1:200 forward stock split of our Ordinary Shares and the shares surrendered by our existing shareholders.
[2] — Denotes amount less than US$1,000.