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ACCOUNTS RECEIVABLE, NET (Tables)

12 Months Ended

Dec. 31, 2024

Credit Loss [Abstract]

Schedule of accounts receivable, net

Schedule of accounts receivable, net
		December 31,
		2023				2024
		US$’000				US$’000
Accounts receivable			15,769				7,842
Bad debts written off			(2	)			–
Allowance for expected credit losses			(500	)			(150	)
Accounts receivable, net			15,267				7,692

Schedule of allowance for expected credit losses

Schedule of allowance for expected credit losses
		December 31,
		2023				2024
		US$’000				US$’000
Balance at beginning of the year			–				500
Addition			500				132
Reversal			–				(482	)
Balance at end of the year			500				150

Schedule of allowance for doubtful accounts

Schedule of allowance for doubtful accounts
		December 31,
		2023				2024
		US$’000				US$’000
Within 30 days			5,933				4,694
Between 31 and 60 days			3,543				1,672
Between 61 and 90 days			2,049				690
More than 90 days			3,742				636
			15,267				7,692

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- References

No definition available.

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- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(4))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(3))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

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