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Intangible Assets, Net
 12 Months Ended
Dec. 31, 2024
Intangible Assets, Net [Abstract]  
Intangible Assets, Net

8. INTANGIBLE ASSETS, NET

 

Intangible assets, net consisted of the following:

 

   As of December 31, 
   2023   2024 
Gross carrying amount        
Trade names  $460   $460 
Software   276    276 
Accreditation   100    100 
    836    836 
Less: accumulated amortization          
Trade names   
—
    
—
 
Software   (276)   (276)
Accreditation   (38)   (48)
    (314)   (324)
Intangible assets, net          
Trade names   460    460 
Software   
—
    
—
 
Accreditation   62    52 
   $522   $512 

 

For the years ended December 31, 2022, 2023 and 2024, the Group performed impairment assessment on the Trade name and recognized impairment loss of $657, nil and nil on Trade name, respectively.

Amortization expenses for intangible assets from continuing operations amounted to $5, $15 and $10 for the years ended December 31, 2022, 2023 and 2024, respectively, which were recorded in general and administrative expenses. Based on the current amount of intangible assets subject to amortization, the estimated amortization expenses for each of the future annual periods are as follows:

 

   Amount 
     
2025  $10 
2026   10 
2027   10 
2028   10 
2029   10 
Thereafter   2 
Total  $52