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Property and Equipment, Net
 12 Months Ended
Dec. 31, 2025
Property 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,
2024		   As of
December 31,
2025		 
   US$   US$ 
Electronic equipment   3,148    1,697 
Furniture, fixtures and other equipment   2,294    1,208 
Plants   1,982    1,899 
Property and equipment, cost   7,424    4,804 
Less: accumulated depreciation   (2,982)   (2,496)
Impairment   (468)   (1,350)
    3,974    958 

 

Depreciation expenses for the years ended December 31, 2025, 2024 and 2023 were approximately $1,430, $1,655 and $1,255    respectively. During the year ended December 31, 2025, the Company recognized an impairment loss of $1,350 related to certain mining field equipment, including SAIHUB cabinets and outdated bitcoin mining machines. The impairment was primarily driven by the decline in Bitcoin prices and mining profitability, which resulted in lower projected future cash flows for these assets.