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Property and Equipment, Net
12 Months Ended
Dec. 31, 2024
Property and Equipment, Net [Abstract]  
PROPERTY AND EQUIPMENT, NET

7. PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net consisted of the following:

 

   As of December 31, 
   2023   2024 
         
Motor vehicles  $2   $2 
Office and computer equipment   199    199 
Construction in process   
    1,200 
Leasehold improvements   24    24 
Sub-total   225    1,425 
Less: accumulated depreciation   (219)   (225)
Total  $6   $1,200 

 

For the years ended December 31, 2022, 2023 and 2024, depreciation expenses from continuing operations were $206, $3 and $6, respectively, which were recorded in cost of revenues, general and administrative expenses.

 

The Construction in process mainly represented related to AI classroom project at the NSAD campus, which is scheduled for completion by the end of 2025.

 

The Group performed impairment assessment on the property and equipment, and there is no impairment loss for the years ended December 31, 2022, 2023 and 2024, respectively.