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Share-based compensation (Tables) | 3 Months Ended
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Mar. 31, 2026
Share-Based Payment Arrangement [Abstract] |
Schedule of Restricted Share Units | The following table summarizes the Company's share option and RSU activity for the three months ended March 31, 2026:
| Share Options |  | RSUs
| Number of Options |  | Weighted Average Exercise Price |  | Weighted Average Grant Date Fair Value |  | Weighted Average Remaining Contractual Term |  | Average Intrinsic Value |  | Number of RSUs |  | Weighted Average Grant Date Fair Value
|  |  | USD |  | USD |  | Years |  | USD |  |  |  | USD
Beginning of period | 336,996 |  | $ | 6.32 |  |  | $ | 3.72 |  |  |  |  |  |  | 272,234 |  | $ | 8.34 |
Granted | — |  |  |  |  |  |  |  |  |  | — |  |
Canceled | (174,649) |  | $ | 4.05 |  |  | $ | 2.93 |  |  |  |  |  |  | (22,796) |  | $ | 10.40 |
Exercised or released | — |  |  |  |  |  |  |  |  |  | (6,583) |  | $ | 4.05 |
End of period | 162,347 |  | $ | 8.76 |  |  | $ | 4.56 |  |  | 7.23 |  | $ | 42,863 |  |  | 242,855 |  | $ | 8.38 |
Vested and exercisable | 114,742 |  | $ | 10.85 |  |  | $ | 5.45 |  |  | 6.62 |  | $ | — |  |  |  |  |
Schedule of Share Option Activities | The following table summarizes the Company's share option and RSU activity for the three months ended March 31, 2026:
| Share Options |  | RSUs
| Number of Options |  | Weighted Average Exercise Price |  | Weighted Average Grant Date Fair Value |  | Weighted Average Remaining Contractual Term |  | Average Intrinsic Value |  | Number of RSUs |  | Weighted Average Grant Date Fair Value
|  |  | USD |  | USD |  | Years |  | USD |  |  |  | USD
Beginning of period | 336,996 |  | $ | 6.32 |  |  | $ | 3.72 |  |  |  |  |  |  | 272,234 |  | $ | 8.34 |
Granted | — |  |  |  |  |  |  |  |  |  | — |  |
Canceled | (174,649) |  | $ | 4.05 |  |  | $ | 2.93 |  |  |  |  |  |  | (22,796) |  | $ | 10.40 |
Exercised or released | — |  |  |  |  |  |  |  |  |  | (6,583) |  | $ | 4.05 |
End of period | 162,347 |  | $ | 8.76 |  |  | $ | 4.56 |  |  | 7.23 |  | $ | 42,863 |  |  | 242,855 |  | $ | 8.38 |
Vested and exercisable | 114,742 |  | $ | 10.85 |  |  | $ | 5.45 |  |  | 6.62 |  | $ | — |  |  |  |  |
Schedule of Assumptions Used to Value Options Granted | The assumptions used to value the options granted to employees were as follows:
|  |  | March 2025 |  |  |  |
Risk-free interest rate (%) |  |  | 4.05 |  |  |  |  |
Expected volatility range (%) |  |  | 82.15 |  |  |  |  |
Fair market value per ordinary share as at grant dates |  |  | $ | 4.05 |  |  |  |  |
Schedule of Share-Based Compensation Expense | The following table sets forth the amount of share-based compensation expense included in each of the relevant financial statement line items:
|  |  | For the Three Months Ended March 31,
|  |  |  |  | 2026 |  | 2025
|  |  |  |  | USD |  | USD
Selling and distribution expenses |  |  |  |  | $ | 17,568 |  |  | $ | 29,754 |
General and administrative expenses |  |  |  |  | (133,962) |  |  | 46,552 |
Total share-based compensation expenses |  |  |  |  | $ | (116,394) |  |  | $ | 76,306 |

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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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