​

​

For the year ended December 31, 

​

​

2023

​

2024

​

2025

​

  ​ ​ ​

US$

  ​ ​ ​

US$

  ​ ​ ​

US$

​

​

​

​

​

​

​

Revenue sharing fees and content costs

945,149

1,020,440

967,624

Payment handling costs

137,989

120,292

98,164

Bandwidth costs

79,718

91,419

84,037

Salary and welfare

84,427

92,002

86,910

Depreciation and amortization

36,753

19,204

26,021

Technical service fee

60,537

41,917

38,723

Share-based compensation

3,575

1,720

3,927

Other costs

106,694

44,591

56,210

​

​

​

​

​

​

​

Total

1,454,842

1,431,585

1,361,616