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Held-for-sale disposal group and discontinued operations (Tables) | 6 Months Ended
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Jun. 30, 2025
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Discontinued Operations | Major assets and liabilities of the discontinued operations are as follows:
|  | June 30, 2025 |  | December 31, 2024
Cash |  | $ | 15,319 |  |  | $ | 22,892 |
Accounts receivable |  | 67,947 |  |  | 54,316 |
Inventories |  | 53,383 |  |  | 46,858 |
Prepaid expenses |  | 5,772 |  |  | 4,332 |
|  | 142,421 |  |  | 128,398 |
Long-term investments |  | 3,331 |  |  | 2,866 |
Property, plant, and equipment |  | 43,775 |  |  | 38,836 |
Operating lease right-of-use asset |  | 21,744 |  |  | 18,196 |
Intangible assets |  | 5,179 |  |  | 5,184 |
Deferred income tax assets |  | 10,196 |  |  | 9,695 |
Goodwill |  | 3,257 |  |  | 2,876 |
Other long-term assets |  | 1,999 |  |  | 1,842 |
|  | 89,481 |  |  | 79,495 |
Valuation allowance from classifying the discontinued operations as held-for-sale |  | (30,183) |  |  | — |
Total assets classified as held for sale |  | $ | 201,719 |  |  | $ | 207,893 |
Accounts payable and accrued liabilities |  | $ | 78,048 |  |  | $ | 68,688 |
Current portion of operating lease liabilities |  | 2,703 |  |  | 2,336 |
Current portion of long-term debt |  | 9,763 |  |  | 10,755 |
Current portion of warranty liabilities |  | 3,416 |  |  | 2,709 |
|  | 93,930 |  |  | 84,488 |
Long-term operating lease liabilities |  | 19,170 |  |  | 15,885 |
Long-term debt |  | 14,487 |  |  | 16,135 |
Warranty liabilities |  | 1,888 |  |  | 1,456 |
Deferred income tax liabilities |  | 3,588 |  |  | 4,029 |
Other long-term liabilities |  | 3,114 |  |  | 2,955 |
|  | 42,247 |  |  | 40,460 |
Total liabilities classified as held for sale |  | $ | 136,177 |  |  | $ | 124,948 |
5. Assets and liabilities held for sale (continued): Revenue and expenses of the discontinued operation are as follows:
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2025 |  | 2024 |  | 2025 |  | 2024
Revenue |  | $ | 76,372 |  |  | $ | 69,277 |  |  | $ | 140,004 |  |  | $ | 132,423 |
Cost of revenue |  | 61,219 |  |  | 54,514 |  |  | 111,160 |  |  | 105,395 |
Gross profit |  | 15,153 |  |  | 14,763 |  |  | 28,844 |  |  | 27,028 |
Operating expenses: |  |  |  |  |  |  |  |
Research and development |  | 2,979 |  |  | 3,100 |  |  | 5,738 |  |  | 6,444 |
General and administrative |  | 3,756 |  |  | 5,883 |  |  | 7,481 |  |  | 9,041 |
Sales and marketing |  | 2,854 |  |  | 2,478 |  |  | 5,169 |  |  | 4,644 |
Foreign exchange loss |  | 1,862 |  |  | 198 |  |  | 2,609 |  |  | 82 |
Depreciation and amortization |  | 646 |  |  | 622 |  |  | 1,279 |  |  | 1,307 |
|  | 12,097 |  |  | 12,281 |  |  | 22,276 |  |  | 21,518 |
Income from discontinued operations |  | 3,056 |  |  | 2,482 |  |  | 6,568 |  |  | 5,510 |
Income from investment accounted for by the equity method |  | 387 |  |  | 414 |  |  | 472 |  |  | 445 |
Loss from classifying the discontinued operations as held-for-sale |  | (30,183) |  |  | — |  |  | (30,183) |  |  | — |
Impairment of long-lived assets |  | (664) |  |  | — |  |  | (664) |  |  | — |
Interest on long-term debt |  | (391) |  |  | (438) |  |  | (875) |  |  | (935) |
Interest and other income (loss), net of bank charges |  | 133 |  |  | 88 |  |  | 353 |  |  | 503 |
Income (loss) from discontinued operations before income tax |  | (27,662) |  |  | 2,546 |  |  | (24,329) |  |  | 5,523 |
Income tax expense |  | 1,629 |  |  | 875 |  |  | 2,118 |  |  | 1,479 |
Net income (loss) from discontinued operations |  | $ | (29,291) |  |  | $ | 1,671 |  |  | $ | (26,447) |  |  | $ | 4,044 |

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