| Schedule of intangible assets |
| | | | | | | As of | | As of | | | December 31, | | December 31, | | | 2024 | | 2025 | | | US$ | | US$ | Cost: | | | | | Computer software | | 3,513 | | 3,547 | License agreement | | 22,252 | | 22,252 | Internet domain name | | 150 | | 179 | Brand name | | 12,711 | | 12,710 | Strategic contract | | 20,461 | | 20,461 | Unpatented technology | | 3,633 | | 3,633 | | | 62,720 | | 62,782 | Accumulated amortization: | | | | | Computer software | | (2,989) | | (3,001) | License agreement | | (5,470) | | (5,470) | Internet domain name | | (55) | | (71) | Brand name | | (3,108) | | (3,108) | Strategic contract | | (2,640) | | (5,785) | Unpatented technology | | (2,927) | | (3,633) | | | (17,189) | | (21,068) | Impairment*: | | | | | Computer software | | (524) | | (524) | License agreement | | (16,782) | | (16,782) | Brand name | | (9,602) | | (9,602) | Strategic Contract | | (7,539) | | (8,944) | | | (34,447) | | (35,852) | Intangible assets, net | | 11,084 | | 5,862 |
* During the year ended December 31, 2025, the Group recorded impairment of US$1,405 for the strategic contract of Alpha. There was no such impairment for the year ended December 31, 2023 and 2024.
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