LEASES

12 Months Ended

Dec. 31, 2025

LEASES [Abstract]

LEASES

9. LEASES

The Company has entered into commercial operating leases for the use of offices, warehouses and data centers as lessee. These leases have terms not exceeding 15 years. These leases have varying terms, escalation clauses, option to renew and option to terminate.

Information pertaining to lease amounts recognized in the Company’s consolidated financial statements is summarized as follows:

	Year ended December 31,
	2023 $		2024 $		2025 $
Lease cost
Operating lease cost		295,501		314,128		413,532
Short-term lease cost		23,172		38,905		54,959
		318,673		353,033		468,491

Supplemental cash flow information
Operating cash flows from operating leases	292,781	315,925	421,473
ROU assets obtained in exchange for new operating lease liabilities	279,526	329,176	600,556

	As of December 31,
	2024		2025
Weighted-average remaining lease term
Operating leases		6.6 years		6.9 years

Weighted-average discount rate
Operating leases	7.7%	6.5%

Maturities of operating lease liabilities as of December 31, 2025 were as follows:

	$
2026		380,589
2027		297,264
2028		246,623
2029		222,578
2030		177,094
Thereafter		522,257
Total lease payments		1,846,405
Less: imputed interest		(359,608	)
Present value of lease liabilities		1,486,797

The Company has obligations for additional offices, warehouses and data centers’ leases that have not yet commenced of $501,504 with lease terms not exceeding 14 years and $358,562 with lease terms not exceeding 13 years as of December 31, 2024 and 2025, respectively.