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Income Taxes (Details) - Schedule of reconciliations of the statutory income tax rate - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Schedule of Reconciliations of the Statutory Income Tax Rate [Abstract]      
Net income before provision for income taxes $ 26,853 $ 36,328 $ 50,632
PRC statutory tax rate 25.00% 25.00% 25.00%
Income tax at statutory tax rate $ 6,713 $ 9,082 $ 12,658
Expenses not deductible for tax purpose 11 96 297
Changes in valuation allowance 567 6
Effect of warrant liability revaluation 16 (203) (4,928)
Effect of preferential tax rates granted to the PRC entities [1] (6,894) (7,999) (6,360)
Income tax expense $ 413 $ 976 $ 1,673
Effective income tax rate 1.54% 2.69% 3.30%
[1] The Company’s subsidiary Horgos, Horgos Glory Prosperity, Horgos Glary Wisdom were eligible to be exempted from income tax from 2017 to 2020, and enjoy a preferential income tax rate of 15% that are expected to last from 2021 to 2025. Horgos Technology is eligible to be exempted from income tax from 2020 to 2024. Beijing Leshare was recognized as a high-tech enterprise and received a preferential income tax rate of 15%. For the years ended December 31, 2020, 2021 and 2022, the tax saving as the result of the favorable tax rate amounted to $6,360, $7,999 and $6,894, respectively, and per share effect of the favorable tax rate were $0.12, $0.12 and $0.10.