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ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
12 Months Ended
Dec. 31, 2024
Accrued Liabilities and Other Liabilities [Abstract]  
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
7.
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

Accrued expenses and other current liabilities consisted of the following:

 

As of December 31,

 

 

2023

 

 

2024

 

 

US$

 

 

US$

 

Accrued payroll and welfare

 

 

19,043,496

 

 

 

26,219,450

 

Income and non-income-based taxes payables

 

 

7,319,738

 

 

 

16,073,041

 

Accrued professional expenses

 

 

4,300,517

 

 

 

4,772,321

 

Accrued marketing expenses

 

 

3,863,879

 

 

 

3,459,673

 

Advanced from customers

 

 

3,425,224

 

 

 

4,952,208

 

Accrued data and IT service expenses

 

 

1,301,092

 

 

 

2,934,834

 

Amounts due to employees for sale of their shares exercised under the share incentive plan

 

 

2,702,901

 

 

 

5,786,535

 

Others

 

 

425,099

 

 

 

3,065,192

 

Total

 

 

42,381,946

 

 

 

67,263,254