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ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

12 Months Ended

Dec. 31, 2022

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

9.ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

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​	​	​	​	​	​	​
​	​	As of December 31,
​		2021			2022
Loan payable (1)	​	$	—	​	$	3,000
Accrued professional fee	​		2,698	​	​	2,215
Individual income tax payable	​	​	2,207	​	​	2,207
Used car services payables	​	​	3,333	​	​	419
Other taxes payable	​		5,120	​	​	181
Others	​	​	1,133	​	​	1,357
Total	​	$	14,491	​	$	9,379

(1) Loan payable consisted of the following:

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​	​	​	​	​	​	​	​	​	​
Lender		Interest rate		Issuance Date		Maturity Date		December 31, 2022
Scytech Limited		0	%	On September 21, 2022	​	December 31, 2023	​	$	2,700
CPL Yellow stones Limited		5% per annum		On December 21, 2022	​	March 31, 2023	​	$	200
Yunfeiyang Limited		5% per annum		On December 21, 2022	​	March 31, 2023	​	$	100

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The interest-free loan from Scytech Limited was as working capital for Zhejiang Taohaoche and collateralized by the net assets of Zhejiang Taohaoche. CPL Yellow stones Limited and Yunfeiyang Limited are the shareholders of the Company.

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