| | | | | | | | | As of | | | | | | | January 1, | | As of December 31, | | | 2024 | | 2024 | | 2025 | Trade receivables, gross | | 14 | | 12 | | 7,345 | Less: allowance for credit losses (Note 3.1(b)(ii)) | | — | | — | | (1,855) | Trade receivables, net | | 14 | | 12 | | 5,490 | | | | | | | | Rebate receivables | | — | | — | | 436 | Deposits | | 148 | | 196 | | 1,121 | Loans receivables (Note) | | — | | — | | 3,858 | Interest receivables | | — | | 11 | | 127 | Others | | — | | — | | 166 | Sub-total | | 162 | | 219 | | 11,198 | | | | | | | | Prepaid media costs | | — | | — | | 4,363 | Prepayments | | 40 | | 137 | | 1,458 | VAT recoverable | | — | | — | | 101 | Total trade and other receivables | | 202 | | 356 | | 17,120 | | | | | | | | Less: non-current rental deposits | | — | | — | | (495) | | | 202 | | 356 | | 16,625 |
Note: Loan balances of (i) US$1.8 million and (ii) US$2 million were provided to two independent third parties for investment purposes. (i)Balance is unsecured, interest bearing at 3.5% per annum and has been fully settled in February 2026. (ii)Balance is unsecured, interest bearing at 10% per annum and has been fully settled in March 2026. | | | | | | | | | As of | | | | | | | January 1, | | As of December 31, | | | 2024 | | 2024 | | 2025 | US$ | | 14 | | 33 | | 3,174 | HK$ | | — | | 42 | | 4,095 | RMB | | — | | — | | 3,444 | SGD | | 148 | | 144 | | 261 | Great British Pound (“GBP”) | | — | | — | | 160 | Others | | — | | — | | 64 | | | 162 | | 219 | | 11,198 |
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