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EQUITY (Tables)
12 Months Ended
Dec. 31, 2025
EQUITY  
Schedule of fair value measurement inputs and valuation techniques

  ​ ​ ​

As of November 7, 2023

  ​ ​ ​

 

2023 Warrant

Risk-free rate of return

 

4.37

%  

Estimated volatility rate

 

53.29

%  

Dividend yield

 

0

%  

Spot price of underling ordinary share

 

1,584

Exercise price

$

3,240

Fair value of warrant

$

926