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LONG-TERM BORROWINGS (Tables)
6 Months Ended
Jun. 30, 2026
Long-Term Debt, by Current and Noncurrent [Abstract]  
Long-Term Borrowings
At June 30, 2026 and December 31, 2025, long-term borrowings consisted of loan facilities from the following financial institutions:
`June 30,December 31,
20262025
China Merchants Bank$26,881 $9,915 
Agricultural Bank of China42,598 42,007 
Bank of China69,117 34,247 
China CITIC Bank— 28,460 
China Everbright Bank26,654 56,807 
Industrial and Commercial Bank of China68,441 42,576 
Total borrowings233,691 214,012 
Less: Current portion(40,787)(35,082)
 Total long-term borrowings, net of current portion $192,904 $178,930 
Principal Payments for Outstanding Long-Term Loan
Scheduled principal payments for the outstanding long-term loans, including the current portion, as of June 30, 2026 are as follows:
Year ending December 31,
Remainder of 2026$3,469 
2027108,267 
202816,662 
202946,968 
 2030 and thereafter 58,325 
$233,691