| ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES |
7.ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES Accrued expenses and other current liabilities consisted of the following:
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As of December 31, |
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2024 |
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2025 |
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US$ |
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US$ |
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Accrued payroll and welfare |
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26,219,450 |
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44,151,796 |
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Income and non-income-based taxes payables |
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16,073,041 |
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27,574,193 |
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Accrued professional expenses |
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4,772,321 |
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6,561,299 |
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Accrued marketing expenses |
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3,459,673 |
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8,720,625 |
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Advanced from customers |
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4,952,208 |
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6,946,595 |
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Accrued data and IT service expenses |
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2,934,834 |
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3,074,882 |
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Amounts due to employees for sale of their shares exercised under the share incentive plan |
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5,786,535 |
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9,806,396 |
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Others |
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3,065,192 |
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4,853,796 |
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Total |
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67,263,254 |
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111,689,582 |
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