v3.26.1
DISPOSAL OF SUBSIDIARIES (Tables)
12 Months Ended
Dec. 31, 2025
Zhejiang Taohaoche  
DISPOSAL OF SUBSIDIARIES  
Summary of carrying amounts of the major classes of assets and liabilities of the disposal group

​

​

​

​

​

​

  ​ ​ ​

As of February 2, 2023

Consideration

​

$

2,700

​

​

​

​

Cash

​

$

2,662

Accrued expenses and other current liabilities

​

 

(61)

Foreign exchange adjustment

​

 

34

Net assets

​

$

2,635

​

​

​

​

Gain on disposal of Zhejiang Taohaoche

​

$

65

Kaixin Daman  
DISPOSAL OF SUBSIDIARIES  
Summary of carrying amounts of the major classes of assets and liabilities of the disposal group

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​

​

​

​

​

  ​ ​ ​

As of disposal dates

Consideration

​

$

16

Non-controlling interest

​

$

3,330

Additional paid-in capital

​

$

12,187

​

​

​

​

Cash

​

$

24

Prepayment for vehicle purchase and other current assets, net

​

 

39

Due from related parties

​

 

1,415

Goodwill

​

 

38,201

Accounts payable

​

 

(92)

Income tax payable

​

 

(684)

Due to related parties

​

 

(802)

Accrued expenses and other current liabilities

​

 

(675)

Foreign exchange adjustment

​

 

1,006

Net assets

​

$

38,432

​

​

​

​

Loss on disposal of subsidiaries

​

$

22,899

Anhui Kaixin  
DISPOSAL OF SUBSIDIARIES  
Summary of carrying amounts of the major classes of assets and liabilities of the disposal group

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​

​

​

​

​

​

As of

​

  ​ ​ ​

December 5, 2024

Cash

​

$

0

Prepayment for vehicle purchase and other current assets, net

​

 

54

Inventories

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34

Due from related parties

​

 

33

Property and equipment

​

 

17

Net assets

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$

138

​

​

​

​

Loss on disposal of subsidiaries

​

$

138