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Borrowings (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Short-Term Debt The following table presents the Company’s short-term debt as of December 31, 2024 ($ in thousands):
Weighted average
interest rate per annum
December 31, 2024
Bank of China Working Capital Loans2.77 %69,138 
SPD Bank Working Capital Loans3.13 %27,823 
China Merchant Bank Working Capital Loans2.91 %34,750 
Total short-term debt2.88 %131,711