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Property and Equipment, Net | 12 Months Ended
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Dec. 31, 2025
Property, Plant and Equipment, Net [Abstract] |
Property and equipment, net | 6. Property and equipment, net Property and equipment, net consisted of the following:
|  | As of December 31, |
|  | 2025 |  |  | 2024 |
|  | In thousands of USD |
Buildings |  | $ | 7,451 |  |  | $ | 15,977 |
Furniture and equipment |  |  | 844 |  |  |  | 685 |
Motor vehicles |  |  | 36 |  |  |  | 152 |
Office improvements |  |  | 1,882 |  |  |  | 1840 |
Subtotal |  |  | 10,213 |  |  |  | 18,654 |
Less: accumulated depreciation |  |  | (3,170 | ) |  |  | (4,961 | )
Property and equipment, net |  | $ | 7,043 |  |  | $ | 13,693 |
Depreciation expenses recognized in general and administrative expenses for the years ended December 31, 2025, 2024 and 2023 amounted to approximately $0.56 million, $0.69 million and $0.68 million, respectively. The Company has no pledged property and equipment as of December 31, 2025 and 2024. The Company did not recognize any impairment loss on property and equipment for the years ended December 31, 2025, 2024 and 2023.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
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