v3.25.3
Borrowings (Tables)
9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Short-Term Debt The following table presents the Company’s short-term debt as of September 30, 2025 ($ in thousands):
Weighted-average
interest rate per annum
September 30, 2025
Bank of China Working Capital Loans2.42 %68,678 
SPD Bank Working Capital Loans2.80 %42,221 
China Merchants Bank Working Capital Loans2.85 %42,925 
Bank of Communications Working Capital Loans2.75 %42,221 
Ningbo Bank Discounted Bills1.60 %6,981 
Total short-term debt2.63 %203,026