v3.26.1
Intangible assets, net
12 Months Ended
Dec. 31, 2025
Intangible assets, net  
Intangible assets, net

Note 8 - Intangible assets, net

Intangible assets, net, as of December 31, 2025 and 2024 consisted of the following:

December 31, 

  ​ ​ ​

2025

  ​ ​ ​

2024

Trademark

$

1,550

$

1,550

Service Contract

 

2,786

 

2,786

Computer Software

125

121

Customers relationship

 

1,410

 

1,410

Vehicle license

37

Total

5,908

5,867

Accumulated amortization

(3,232)

(3,068)

Impairment

(1,432)

(1,432)

Exchange difference

(1)

Intangible assets, net

$

1,243

$

1,367

Amortization expenses of intangible assets were $161, $97 and $13 for the years ended December 31, 2025, 2024 and 2023, respectively.

During the course of the Company’s strategic review of its operations, the Company assessed the recoverability of the carrying value of the Company’s intangible assets. The impairment charge, if any, represented the excess of carrying amounts of the Company’s intangible assets over their fair value, using the expected future discounted cash flows. There were no impairment on intangible assets for the years ended December 31, 2025, 2024 and 2023, respectively.

As of December 31, 2025, amortization expenses related to intangible assets for future periods are estimated to be as follows:

For the years ending December 31, 

2031 and

  ​ ​ ​

2026

  ​ ​ ​

2027

  ​ ​ ​

2028

  ​ ​ ​

2029

  ​ ​ ​

2030

  ​ ​ ​

thereafter

 

$

 

$

 

$

 

$

 

$

 

$

Amortization expenses

146

146

146

146

141

518