Business Combination (Tables)

12 Months Ended

Dec. 31, 2024

Business Combinations [Abstract]

Summary of Business Acquistion Equity Intererests Issued or Issuable 

The following table summarizes the components of the purchase consideration transferred based on the closing price of the Company’s common share of US$7.83 per share as of the acquisition date:

	As of acquisition date
Fair value of ordinary shares issued on the acquisition date (i)		3,087,849
Fair value of contingent consideration related to SOP Milestone (ii)		260,546
Fair value of contingent consideration related to Earn-Out Period Milestone (iii)		433,811
Total Consideration		3,782,206

Summary of the Assets Acquired and Liabilities Assumed

The acquisition was accounted for as a business combination. The Group made estimates and judgements in determining the fair values of the assets acquired and liabilities assumed with the assistance from an independent valuation firm. The consideration was allocated on the acquisition date as follows:

	As of acquisition date
Intangible assets
- VPT (Note 10)		2,586,911
- VMTUD (Note 10)		609,170
- Software		9,570
Cash and cash equivalents		684,214
Prepayments and other current assets		254,402
Property and equipment, net		113,818
Deferred tax assets		453,125
Other non-current assets		127,256
Accounts and notes payable		(30,473	)
Accruals and other liabilities		(255,483	)
Deferred tax liabilities		(804,410	)
Goodwill		34,106
Total		3,782,206

Summary of Pro forma financial information

	For the year ended December 31,
	2022			2023
Pro forma net revenues		26,855,119			30,856,674
Pro forma net loss		(12,035,550	)		(14,066,681	)