v3.26.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS      
REVENUES $ 17,096 $ 10,073 $ 3,569
COST OF REVENUES (15,532) (8,132) (2,793)
GROSS PROFIT 1,564 1,941 776
OPERATING EXPENSES:      
Selling expenses (317)    
General and administrative expenses (17,932) (3,956) (2,754)
Reversal of impairment loss (impairment loss) of trade receivables 241 (243)  
Reversal of impairment loss (impairment loss) of loan and interest receivables 453 (3,468) 49
(Impairment loss) reversal of impairment loss of other receivables, prepayments and deposits (99) (2) 127
Impairment loss of property, plant and equipment (13,444)    
Total operating expenses (31,098) (7,669) (2,578)
OPERATING LOSS (29,534) (5,728) (1,802)
OTHER INCOME (EXPENSES):      
Interest income 62 10 14
Interest expense     (62)
Other income (expense), net 65 22 (9)
Loss on change in fair value of convertible note   (7,690)  
Total other income (expenses), net 127 (7,658) (57)
LOSS BEFORE PROVISION FOR INCOME TAXES (29,407) (13,386) (1,859)
INCOME TAX BENEFIT (EXPENSE) 1,502 (27) 140
NET LOSS (27,905) (13,413) (1,719)
OTHER COMPREHENSIVE LOSS:      
Foreign currency translation adjustment (5) (8)  
COMPREHENSIVE LOSS $ (27,910) $ (13,421) $ (1,719)
LOSS PER SHARE:      
Basic $ (0.23) $ (0.13) $ (0.02)
Diluted $ (0.23) $ (0.13) $ (0.02)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES:      
Basic 120,705,660 102,240,818 101,597,998
Diluted 120,705,660 102,240,818 101,597,998