PROPERTY AND EQUIPMENT, NET |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| PROPERTY AND EQUIPMENT, NET | 9. PROPERTY AND EQUIPMENT, NET Property and equipment consists of the following:
Depreciation expenses from continuing operations for the years ended December 31, 2023, 2024 and 2025 were approximately US$9,852, US$10,149 and US$12,314, respectively. Depreciation expenses from discontinued operations were approximately US$6, nil and nil for the years ended December 31, 2023, 2024 and 2025, respectively. Impairment as of December 31, 2024 and 2025 was mainly due to the impairment of mining machines in Kazakhstan, the USA and Ethiopia. Impairment loss for the years ended December 31, 2023, 2024 and 2025 were approximately nil, nil and US$8,764, respectively. (Loss) gain on disposal of property and equipment for the years ended December 31, 2023, 2024 and 2025 were approximately US$(3), US$51 and US$(11), respectively. |